Designating Tax Abatement - Davis & Groome 250 E. Sample St. (6 Year Real Property)

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RESOLUTION NO. A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 250 EAST SAMPLE STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND REDEVELOPMENT COMMISSION FOR THE BENEFIT OF: DAVIS AND GROOME, AN INDIANA PARTNERSHIP WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the area commonly known as 250 East Sample Street, South Bend, Indiana, and which is more particularly described as follows: PARCEL I: LOTS NUMBERED ONE (1), TWO (2) AND THREE (3) AS SHOWN ON THE RECORDED PLAT OF MARY HUTCHINS' ADDITION TO THE CITY OF SOUTH BEND, RECORDED IN PLAT BOOK 2, PAGE 67, TOGETHER WITH THE EAST AND WEST ALLEY LYING SOUTH OF LOTS 1 AND 2 AND NORTH OF LOT 3 OF SAID LOTS. •\/ M A LOT OR PARCEL OF LAND IN THE EAST HALF OF THE NORTHWEST QUARTER OF SECTION 13, TOWNSHIP 37 NORTH, RANGE 2 EAST, NOW WITHIN AND A PART OF THE CITY OF SOUTH BEND, IN ST. JOSEPH COUNTY, INDIANA, DESCRIBED AS BEGINNING AT A POINT 36 RODS, 3 FEET AND 10 INCHES WEST OF THE NORTHEAST CORNER OF THE NORTHWEST QUARTER OF SAID SECTION 13; THENCE RUNNING WEST ON THE NORTH LINE OF SAID SECTION A DISTANCE OF 28 FEET; THENCE TO THE PLACE OF BEGINNING, EXCEPTING THEREFROM THAT PART TAKEN OFF OF THE NORTH END THEREOF FOR SAMPLE STREET. PARCEL II: A PARCEL OF LAND IN THE NORTHWEST QUARTER OF SECTION 13, TOWNSHIP 37 NORTH, RANGE 2 EAST, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT 40 RODS, 13 FEET AND 10 INCHES WEST OF THE NORTHEAST CORNER OF THE NORTHWEST QUARTER OF SECTION 13, WHICH POINT IS IN THE CENTER LINE OF SAMPLE STREET; THENCE EAST ON SAID LINE 48 FEET; THENCE SOUTH 10 RODS AND 31 LINKS; THENCE WEST 43 FEET; THENCE NORTH 10 RODS AND 31 LINKS TO THE PLACE OF BEGINNING. and which has Key Numbers 18- 7001 -0001, 18- 7001 -0002, and 18 -7008 -0277 be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et sea., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6- 1.1- 12.1 -1, el seQ., and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of