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RESOLUTION NO. 6�gjD <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 />2918 and 2924 Elwood, 2516 Bergan Street, 2005 and 2045 Meade Street, <br />and 1350 Bissell <br />RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A <br />FIVE (5) YEAR RESIDENTIAL REAL PROPERTY <br />TAX ABATEMENT FOR <br />VALUE PLUS CONSTRUCTION, INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Residentially Distressed <br />Areas for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 2918 and <br />2924 Elwood, 2516 Bergan Street, 2005 and 2045 Meade Street, and 1350 Bissell, South <br />Bend, Indiana, and which are more particularly described as follows: <br />Street Address <br />Legal Description <br />Key Number <br />2918 Elwood* <br />Lot 149 Lincoln Terrace Plat <br />18 -2041 -1412 <br />Lot 150 Lincoln Terrace Plat <br />18 -2041 -1411 <br />2924 Elwood* <br />Lot 151 Lincoln Terrace Plat <br />18- 2041 -1410 <br />Lot 152 Lincoln Terrace Plat <br />18- 2041 -1409 <br />2516 Bergan Street <br />Lot 549 Vernon Heights Add. <br />18- 2096 -3601 <br />2005 Meade Street <br />Lot 525 Vernon Heights Add. <br />18- 2095 -3579 <br />2045 Meade Street <br />Lot 520 Vernon Heights Add. <br />18- 2095 -3562 <br />1350 Bissell* <br />Lot 78 Park Place Second Plat <br />18 -5086 -3063 <br />Lot 23 No. Sunnyside 2nd Add. 18 -5086 -3076 <br />(* Two lots will be combined into one buildable lot) <br />as a Residentially Distressed Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before <br />the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances <br />and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for a residentially distressed <br />area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />