Confirming Tax Abatement - USF Holland, Inc. 5550 Cleveland Rd. (6 Year Real Property)

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RESOLUTION NO. %S S 3 -Ob A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS: 5550 CLEVELAND ROAD TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 6 (SIX) YEAR REAL PROPERTY TAX ABATEMENT FOR USF HOLLAND, INC. 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 know as 5550 Cleveland Road, and which is more particularly described as follows: A part of the Northwest quarter of Section 20, Township 38 North, range 2 East, German Township, St. Joseph County, Indiana, described as follow: Commencing at the Northeast corner of said quarter section; thence S 00`48'35" E. along the East line of said quarter section 1773.14 feet (1758.34 feet deed): thence S 89'34'08" W, 30.00 feet (S 89'11'25" W Deed) to a point on the West right -of -way line of Mayflower Road and the point of beginning of this description; thence S 89'32'43" W, 564.69 feet meas. (West 594.00 feet deed) along the right -of -way of the Indiana Toll Road; thence S 00'I I' 18" E, 206.53 feet meas. (South, 206.63 feet deed) along the Indiana Toll Road right -of -way; thence S 89'38'41" W, 1361.44 feet meas. (West, 1361.3 feet deed) along the Indiana Toll Road right -of -way; thence N 00'43'34" W, 893.34 feet meas. (North, 875 feet deed); thence N 89'33'38" E, 257.96 feet meas. (251.84 feet deed) to the Southerly right -of -way of Cleveland Road by -pass; thence around a 1532.05 foot (1532.39 foot deed) radius curve to the left an arc distance of 528.07 feet (507.71 feet deed) to the end of a chord which bears S 67'41'32" E, (S 68'04'30" E deed) having a distance of 525.46 feet (505.39 feet deed) S 77'34'00" E, 1144.87 feet deed S 39'09'52" E, 115.08 feet meas. (116.17 feet deed) to the West right -of -way line of Mayflower Road; thence S 00'48'35" E. 140.60 feet meas. (125.32 feet deed) the point of beginning. Containing 26.312 acres more or less subject to all legal highways, easements and restrictions of record. and which has Key Number 25 -1018 0618, as an Economic Revitalization Area: and WHEREAS, notice of the 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