Designating Tax Abatement - South Bend Heritage Foundation (TCU) 735 Lincoln Way West (10 Year Real Property)

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RESOLUTION NO. 3pg`t -0� A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 735 LINCOLN WAY WEST TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION (TEACHERS CREDIT UNION) WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 735 Lincoln Way West, South Bend, Indiana, and which is more particularly described as follows: Parcel #1 Lot Number One (1) as shown on the recorded Plat of Kent and Garrison's Subdivision of Out Lot One (1) of Hendrick's and Grant Addition to the town. Parcel #2 Lots Numbered Eighteen (18) and Twenty -three (23) as shown on the recorded Plat of James D. Kent's Subdivision of Bank Out Lot Numbered One Hundred Fourteen (114), taken off of and from the South Side of Bank Out Lot Numbered One Hundred Thirteen (113), of the Third Plat of Out Lots of the town. Parcel #3 The Section of the Old Kankakee Mill Race Bounded on the South by Lots One (1) and Two (2) of Kent and Garrision's Subdivision, on the East by the West edge of the North /South alley between Cushing and Scott Street, on the North by Lot Twenty -three (23) of Kent's Subdivision of Bank outlot One Hundred Fourteen (114) and Part of Bank Outlot One Hundred Thirteen (113) and on the West by the East edge of Cushing Street. Parcel # 4 Lot Numbered Two (2) in Kent and Garrison's Subdivision of Out lot One (1) of Henrick's and Grant's Addition to the Town and which has Key Numbers 18- 1055 -2345, 18- 1055 -2331,