Confirming Tax Abatement - Steel Warehouse Co. Inc., Nathan Lerman Trust and A & F Realty Co. 2722 W. Tucker Dr. (10 Year Real Property)

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and 219 feet South of the Southerly line of said right -of -way to the East line of the East Half of the North West Quarter of the North West Quarter of said Section No. 15; thence North 219 feet, more or less, to the place of beginning. and which have Key Numbers 18- 8075 -2838 18- 8075- 2839,18- 8075- 284406, 18- 8075 -2843, 18- 8075- 284403.18- 8075- 284404,18- 8075- 284502,18- 8075- 284501. as an Economic Revitalization Area: and WHEREAS, notice ofthe adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined thatthe qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION H. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of ten (10) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et M. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. (vexed 2 TUNE TAW) t, PRISENTED NOT APPROVED ADOPTED q_2,,A-0' Member of the Com on Col Filed In Clerk's Office LORETTAJ. WDA O"CLENK, SO. BEND, IN.