Confirming Tax Abatement - Memorial Health System Inc./Memorial Hospital of South Bend, Inc. 100 Navarre Pl. (6 Year Real Property)

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and said property having the following Key Numbers 18 -1009- 036001, 18- 1009 -0360, 18 -1009- 036101, 18 -1009- 036102, 18 -1009 -0362, 18- 1009 - 036401, 18 -1009 -0355, 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 IND. CODE Section 6- 1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Rral property tax deduction for a period of SIX (6) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and IND. CODE Section 6 -1.1 -12.1 a &4. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. Member of the Common Council SBDS02 PXF 147211 PRESENTED 7')- T / (i NOT APPROVED �/ ADOPTED � 2�4b Filed in Clerk's Office j -2- JUL 0 1 1998 LONETTAJ. DDDA CITYCLENK, BO. BEND, IN.