Confirming Tax Abatement - South Bend Heritage Foundation 234 S. Chapin St. (10 Year Real Property)

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RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 234 SOUTH CHAPIN STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 234 South Chapin Street, South Bend, Indiana, and which is more particularly described as follows: THAT PART OF THE NORTHEAST QUARTER OF SECTION 11, TOWNSHIP 37 NORTH, RANGE 2 EAST, PORTAGE TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED AS: LOTS 11, 12, 13, AND 14 AS SHOWN ON THE PLAT OF "J. K. HUSTON'S SUBDIVISION OF BANK OUTLOT #72" BEING RECORDED IN PLAT BOOK #2 ON PAGE #27 IN THE RECORDS OF THE ST. JOSEPH COUNTY, INDIANA RECORDER'S OFFICE AND BEING MORE PARTICULARLY DESCRIBED AS: BEGINNING AT THE NORTHWEST CORNER OF LOT # 11 IN SAID SUBDIVISION WHICH IS S. 89 -34'-11" E., 33.00 FT. AND N. 00 -40'-03" E., 574.71 FT. FROM THE INTERSECTION OF THE CENTERLINE OF CHAPIN STREET WITH THE EAST AND WEST QUARTER LINE OF SAID SECTION 11; THENCE S. 89 -34' -11" E. ALONG THE SOUTH RIGHT -OF -WAY LINE OF WAYNE STREET, 239.39 FT. (REC. EAST 239.83 FT.) TO THE NORTHEAST CORNER OF LOT # 14 OF SAID SUBDIVISION; THENCE S. 00 -40' -03" W. ALONG THE EAST LINE OF SAID LOT #14,154.82 FT. (REC. SOUTH 154.0 FT.) TO THE SOUTHEAST CORNER OF SAID LOT #14 AND THE NORTH RIGHT -OF -WAY LINE OF NAPIER STREET; THENCE N. 89 -33' -50" W. ALONG SAID NORTH LINE, 239.39 FT. (REC. WEST 239.83 FT.) TO THE EAST RIGHT -OF -WAY LINE OF CHAPIN STREET AND THE SOUTHWEST CORNER OF SAID LOT #11; THENCE N. 00 -40'-03" E. ALONG THE EAST RIGHT -OF -WAY LINE OF CHAPIN STREET, 154.80 FT. (REC NORTH 153.98 FT.) TO THE POINT OF BEGINNING. CONTAINING 0.85 ACRES AND COMPRISED OF ONE (1) LOT. SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF RECORD. and which has Key Number 18- 3051 -1977, 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