Confirming Tax Abatement - South Bend Redevelopment Commission/Crescent Michiana Properties LLC NW Corner of Nimtz PKWY. and Crescent Circle (10 Year Real Property)

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RESOLUTION NO. a b o g q g A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS NORTHWEST CORNER OF NIMTZ PARKWAY AND CRESCENT CIRCLE TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND REDEVELOPMENT COMMISSION FOR THE BENEFIT OF CRESCENT MICHLANA PROPERTIES LLC 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 Northwest corner of Nimtz Parkway and Crescent Circle, South Bend, Indiana, and which is more particularly described as follows: Lot #3 of Blackthorn Corporate Office Park minor subdivision #7. A part of NE 1/4 & SE 1/4 of sec. 19- T38N -R23 & a part of NW 1/4 & SW 1/4 of section 20- T38N -R2E, German Township, City of South Bend, St. Joseph County, Indiana and which has Key Number 25- 1018 -0622, 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 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: