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RESOLUTION NO. 2.`1 �1 -1 1 <br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />2442 JACLYN COURT <br />TO BE AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A THREE (3) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />JTG DEVELOPMENT INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory <br />Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax <br />abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 2442 Jaclyn Court, <br />South Bend, Indiana, and which is more particularly described as follows: <br />A PARCEL OF LAND LOCATED IN THE WEST '/2 OF THE NORTHWEST 1/4 OF SECTION 22, <br />TOWNSHIP 37 NORTH, RANGE 2 EAST, CITY OF SOUTH BEND, PORTAGE TOWNSHIP, ST. <br />JOSEPH COUNTY, INDIANA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING <br />AT A PK NAIL MARKING THE NORTHWEST CORNER OF SAID SECTION 22; THENCE NORTH <br />89 °27'04" EAST, ALONG THE NORTH LINE OF SECTION 22, A DISTANCE OF 60.00 FEET; <br />THENCE SOUTH 00 022'57" EAST, A DISTANCE OF 40.00 FEET TO A CAPPED 5/8" IRON REBAR <br />ON THE EAST LINE OF NEW ENERGY DRIVE (FORMERLY KNOWN AS MAPLE ROAD); THENCE <br />NORTH 89 027'04" EAST, ALONG A LINE 40.00 FEET SOUTH OF AND PARALLEL TO THE NORTH <br />LINE OF SAID SECTION 22, A DISTANCE OF 1247.65 FEET; THENCE SOUTH 00 °11'31" EAST, A <br />DISTANCE OF 366.27 FEET TO THE "POINT OF BEGINNING" OF SAID PARCEL OF LAND <br />HEREIN DESCRIBED; THENCE SOUTH 00 °11'31" EAST, A DISTANCE OF 278.88 FEET; THENCE <br />SOUTH 89 027'02" WEST, A DISTANCE OF 337.65 FEET; THENCE ALONG A CURVE, CONCAVE <br />WESTERLY, WHOSE ELEMENTS ARE: CENTRAL ANGLE OF 34 022'37 ", RADIUS OF 330.00 FEET, <br />ARC LENGTH OF 198.00 FEET AND A CHORD THAT BEARS NORTH 16 059'47" EAST, 195.04 <br />FEET; THENCE NORTH 00 °11'31" WEST, A DISTANCE OF 92.91 FEET; THENCE NORTH <br />89 °27'02" EAST, A DISTANCE OF 280.01 FEET TO THE "POINT OF BEGINNING ". CONTAINING <br />1.871 ACRES, MORE OR LESS. <br />and which has Key Number 18- 1013 - 0325.13, as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the <br />Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and <br />