Designating Tax Abatement - Dynamic Industries Inc. 4747 & 4775 Ameritech Dr (5 Year Personal Property)

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RESOLUTION NO. 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 4747 and 4775 AMERITECH DRIVE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR DYNAMIC INDUSTRIES, INC. WHEREAS, a petition for personal property tax abatement consideration 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 4747 and 4775 Ameritech Drive, South Bend, Indiana, and which is more particularly described as follows: ADDRESS LEGAL DESCRIPTION KEY NUMBER 4747 Ameritech Dr. LOT 7 OF U.S. 31 INDUSTRIAL 25- 1016 - 0600.10 PARK SECTION ONE RECORDED AS INSTRUMENT 9743763 IN THE OFFICE OF THE ST. JOSEPH COUNTY RECORDER, INDIANA 4775 Ameritech Dr. LOT 8 OF U.S. 31 INDUSTRIAL 25 -1016- 0600.11 PARK SECTION TWO RECORDED AS INSTRUMENT 9846535 IN THE OFFICE OF THE ST. JOSEPH COUNTY RECORDER, INDIANA 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 sec., 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