Confirming Tax Abatement - Rink Riverside Printing, Inc. 814 S. Main St. (5 Year Personal Property)

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PARCEL V: All of Lots Numbered Two Hundred Thirteen (213), Two Hundred Fourteen (214), Two Hundred Fifteen (215), Two Hundred Sixteen (216) and the East 10 feet of Lot Numbered Two Hundred Seventeen (217), all as shown on the recorded Plat of Daniel Garst's 1 st Addition to South Bend City, now within and a part of the City of South Bend, EXCEPTING THEREFROM the South 25 feet thereof. PARCEL VI: All of Lots Numbered Two Hundred Eighteen (218), Two Hundred Nineteen (219) and Two Hundred Twenty (220) and the West 15 feet of Lot Numbered Two Hundred Seventeen (217) all as shown on the recorded Plat of Daniel Garst's 1 st Addition to South Bend City, now within and a part of the City of South Bend, EXCEPTING THEREFROM the South 24.5 feet thereof. PARCEL VII: Lot Numbered One (1) as shown on the recorded Plat of Studebaker Corridor First Minor Subdivision recorded November 19, 1992 in the Office of the Recorder of St. Joseph County, Indiana as Document Number 9243312, said lot including the South Half of that portion of vacated Tutt Street lying North of and adjacent to Lot 259 as shown on the recorded Plat of Daniel Garst's Subdivision of part of his First Addition to South Bend. and which has Key Number 18- 3041 -1586 18- 3041 -1583 18- 3042 -1631 18- 3042 -1621 18- 3042 -1630, 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 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 that the 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 Personal 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 II. The Common Council hereby determines that the property owner is qualified for and is granted Personal property tax deduction for a period of five (5) 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 sea. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. PRESENTED NOT APPROVED ADOPTED 1 Member of the Common Council DEC D 1 1999 E i L ✓Wi EfTA J. DUDA Cr.^d CLEWK, SO. UEND, ltd.