Designating Tax Abatement - PTD Properties, Inc (Brass Eagle Family Billards Inc.) 1202 S. Lafayette Blvd (3 Year Real Property)

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RESOLUTION NO. Z ? -1 J 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 1202 SOUTH LAFAYETTE BOULEVARD AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR PTD PROPERTIES, INC. (BRASS EAGLE FAMILY BILLIARDS, INC.) 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 1202 South Lafayette Boulevard, South Bend, Indiana, and which is more particularly described as follows: PARCEL I Lots 18 and 19 of Stoll's First Addition in the City of South Bend, Indiana PARCEL II Lot 17 and North 44 feet of Lot 16 of Stoll's First Addition in the City of South Bend, Indiana and which have Key Numbers 18- 8004 -0162 and 18- 8004 -1064, 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 of Community 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 seg., 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