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RESOLUTION NO. ,,2JIJJ —V <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 />1259 1279 1339 1379 2019 209, 229, 2359 243 AND <br />301 EAST BROADWAY STREET <br />RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A <br />FIVE (5) YEAR REAL PROPERTY <br />RESIDENTIAL TAX ABATEMENT FOR <br />AMERICAN HOME DREAMS, 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 areas commonly known as 125, 127, 133, <br />137, 201, 209, 229, 235, 243 and 301 East Broadway Street, South Bend, Indiana, and which <br />are more particularly described as follows: <br />Street Address <br />Legal Description <br />Key Number <br />125 E. Broadway St. <br />Part of lots 18 & 19, Haney's Add <br />18- 7026 -1033 & 18- 7026 -1032 <br />127 E. Broadway St. <br />Part of lots 19 & 20, Haney's Add <br />18- 7026 -1032 & 18- 7026 -1031 <br />133 E. Broadway St. <br />Part of lots 20 & 21, Haney's Add <br />18- 7026 -1031 & 18- 7026 -1030 <br />137 E. Broadway St. <br />Part of lots 21 & 22, Haney's Add <br />18 -7026 -1030 & 18- 7026 -1029 <br />201 E. Broadway St. <br />Part of lots 63 & 64, Haney's Add <br />18- 7025 -0998 & 18- 7026 -0997 <br />209 E. Broadway St. <br />Part of lots 64 & 65, Haney's Add <br />18- 7025 -0997 & 18- 7026 -0996 <br />229 E. Broadway St. <br />Part of lots 70 & 71, Haney's Add <br />18- 7025 -0991 & 18- 7026 -0990 <br />235 E. Broadway St. <br />Part of lots 71, 72 & 73, Haney's Add <br />18- 7025 -0990 & 18- 7026 -0989 <br />and 18- 7025 -0988 & 18- 7025- 0988.01 <br />243 E. Broadway St. <br />Lot 73, Haney's Add <br />18- 7025 -0988 & 18- 7026 - 0988.01 <br />301 E. Broadway St. <br />Lot 326, Wenger &Kreighbaum,lst Add <br />18- 7013 -0496 & 18- 7013 - 0496.01 <br />as Residentially Distressed Areas; 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 and <br />objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for a residentially distressed area <br />have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />SECTION I. The Common Council hereby determines and finds that the petition for real <br />property tax abatement and the Statement of Benefits form meet the requirements of Indiana <br />Code 6 -1.1 -12.1 et sea., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds the following: <br />A. A significant number of dwelling units within the areas are not permanently <br />occupied or a significant number of parcels in the areas are vacant land; <br />OR <br />B. A significant number of dwelling units in the areas are: <br />i. the subject of an order issued under IC 36 -7 -9; or <br />ii. evidencing significant building deficiencies; <br />OR <br />