Confirming Tax Abatement - G & B Realty, LLC. 1137 S. Lafayette Blvd. (10 Year Real Property)

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RESOLUTION NO. ?19 18 -Oa A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1137 SOUTH LAFAYETTE BLVD. TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR G & B REALTY, LLC. 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 1137 South Lafayette Blvd., South Bend, Indiana, and which is more particularly described as follows: BEGINNING AT THE SW CORNER OF LOT 7, STULL'S EDITION; THENCE, N ALONG THE E RIGHT -OF -WAY OF AN ALLEY A DISTANCE OF 336.06 FEET + OR - TO A POINT; SAID POINT BEING THE NW CORNER OF THE S % OF LOT 64, SOUTH BEND CITY EDITION; THENCE, E ALONG THE NORTHERN BOUNDARY OF SAID % OF LOT 64 WHICH IS ON THE WESTERN RIGHT -OF -WAY OF LAFAYETTE BLVD.; THENCE, S A DISTANCE OF 275 FEET + OR - TO THE SE CORNER OF LOT 6, STULL'S SECOND EDITION; THENCE, W A DISTANCE OF 125 FEET TO A POINT; THENCE, S 66 FEET TO A POINT; THENCE, W 40 FEET TO A POINT OF BEGINNING. ALL BEING WITHIN THE CITY OF SOUTH BEND, COUNTY OF ST. JOSEPH, STATE OF INDIANA. SOUTH % 125 FT EAST END LOT 7 SAMUEL C. STULLS 2ND and which has Key Numbers, 18- 8006 -0288, 18- 8002 -0115, 18 -8006- 0282, 18- 8006 - 028201, 18- 8006 -0285, 18- 8006 - 028501, 18- 8002 -0116, 18 -8006- 028801, 18- 8006 - 028802, as an Economic Revitalization Area; and