Confirming Tax Abatement - South Bend Heritage Foundation 1216 W. Colfax Ave & 119, 123, 124, 127, 128, 131 & 132 Spruce St. (5 Year Residential 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 1216 WEST COLFAX AVENUE AND 1199 1239 124, 1279 1289 131, AND 132 SPRUCE STREET RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL 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 Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 1216 West Colfax Avenue and 119, 123, 124, 127, 128, 131, and 132 Spruce Street, South Bend, Indiana, and which are more particularly described as follows: Street Address Legal Description Key Number 1216 West Colfax Avenue Lot 8 of Spruce & Colfax 18- 1040 -1744 Minor Subdivision 119 Spruce Street Lot 4 of Spruce & Colfax 18 -1044- 1896.01 Minor Subdivision 123 Spruce Street Lot 3 of Spruce & Colfax 18 -1044 -1896 Minor Subdivision 124 Spruce Street Lot 7 of Spruce & Colfax 18 -1044 -1902 Minor Subdivision 127 Spruce Street Lot 2 of Spruce & Colfax 18 -1044 -1895 Minor Subdivision 128 Spruce Street Lot 6 of Spruce & Colfax 18 -1044 -1901 Minor Subdivision 131 Spruce Street Lot 1 of Spruce & Colfax 18 -1044 -1894 Minor Subdivision 132 Spruce Street Lot 5 of Spruce & Colfax 18 -1044 -1900 Minor Subdivision as a Residentially Distressed 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