Designating Tax Abatement - SBL Buildings Co. LLC 212 E. LaSalle St. (6 Year Real Property)

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RESOLUTION NO. 3 099- 0)� A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 212 E. LASALLE STREET, SOUTH BEND, INDIANA AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR SBL BUILDING CO., LLC WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the area commonly known as 212 E. LaSalle Street, South Bend, Indiana, and which is more particularly described as follows: Lots Numbered Four (4) through Six (6), inclusive as shown on the Original Plat of the Town of Lowell, now a part of the City of South Bend, EXCEPTING THEREFROM a lot or parcel of land 16 rods in length taken off of and from the entire width of the East ends of said lots. ALSO, Lots Numbered Two (2) through Four (4), inclusive as shown on the recorded Plat of Esther Miller's Subdivision of a part of Lots 4, 5, and 6 in the Original plat of the Town of Lowell, now a part of the City of South Bend. and which has Key Number 18 -5003 -0041 , be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1 -12.1 et sea., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, the Department ofCommunity and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1, et seq., and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area.