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RESOLUTION NO. Z -I `i Z- 1 <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN <br />THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />1401 and 1405 WEST WASHINGTON <br />AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A <br />FIVE (5) YEAR RESIDENTIAL REAL <br />PROPERTY TAX ABATEMENT FOR <br />SOUTH BEND HERITAGE FOUNDATION <br />WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement <br />has been submitted to and filed with the City Clerk for consideration by the Common Council <br />of the City of South Bend, Indiana requesting that the area commonly known as 1401 and 1405 <br />West Washington, South Bend, Indiana, and which is more particularly described as follows: <br />Street Address Legal Description Key Number <br />1401 W. Washington Lot Numbered One (1) as shown on 18 -1048 -2080 <br />the recorded Plat of Sarah J Stover's <br />Subdivision of the South Half (1/2) of <br />Bank Out Lot Numbered Eighty -one (81) <br />of the Sceond Plat of Out Lots to the <br />Town, now City, of South Bend, in <br />St. Joseph County, Indiana <br />1405 W. Washington Lot Numbered Two (2) as shown on 18 -1048- 2080.01 <br />the recorded Plat of Sarah J Stover's <br />Subdivision of the South Half (1/2) of <br />Bank Out Lot Numbered Eighty -one (81) <br />of the Sceond Plat of Out Lots to the <br />Town, now City, of South Bend, in <br />St. Joseph County, Indiana <br />be designated as a Residentially Distressed Area under the provisions of Indiana Code 6 -1.1- <br />12.1 gt sea., and South Bend Municipal Code Sections 2 -76 et sea., and; <br />WHEREAS, the Department of Community and Economic Development has concluded an <br />investigation and prepared a report with information sufficient for the Common Council to <br />determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6 -1.1- <br />12.1, gt seq., and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared <br />maps and plats showing the boundaries and such other information regarding the area in <br />