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RESOLUTION NO. c2AY— 1
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE
<br />CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN
<br />THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS
<br />SOUTHEAST CORNER OF CORBY BLVD. AND NILES AVENUE
<br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
<br />THREE (3) YEAR REAL PROPERTY
<br />TAX ABATEMENT FOR
<br />C.D.T., L.L.C.
<br />WHEREAS, a petition for real property tax abatement has been filed with the City
<br />Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting
<br />that the area commonly known as Southeast Corner of Corby Blvd. And Niles Avenue, South
<br />Bend, Indiana, and which is more particularly described as follows:
<br />PARCEL I: A parcel of land located in the Northeast Quarter of the Southwest Quarter of Section
<br />1, Township 37 North, Range 2 East, City of South Bend, St. Joseph County, Indiana, described
<br />as follows: Beginning at a point on the South line of Corby Street, 220.51 feet North 89 °48'27"
<br />East (assumed bearing) of the intersection of the South line of Corby Street and the Easterly line
<br />of Niles Avenue, said point being the Northwest corner of a tract of land conveyed to the City of
<br />South Bend, Indiana by Instrument Number 7803739 recorded March 3, 1978 in the Office of the
<br />St. Joseph County, Recorder; thence South 25 °06'03" East along the Westerly line of said City
<br />of South Bend tract, 149.87 feet; thence North 16'17'47" East, 141.77 feet to the South line of
<br />Corby Street; thence South 89 °49'27" West along said South line of Corby Street, 103.36 feet to
<br />the point of beginning.
<br />PARCEL II: A parcel of land located in the Northwest Quarter of the Southwest Quarter of
<br />section 1, Township 37 North, Range 2 East, City of South Bend, St. Joseph County, Indiana,
<br />described as follows: Beginning at the intersection of the 25 °06'03" East (assumed bearing)
<br />along the Easterly line of Niles Avenue, 242.74 feet; thence North 64 °53'57" East, 200.00 feet to
<br />the Westerly line of a tract of land conveyed to the City of South Bend, Indiana by Instrument
<br />Number 7803739 recorded March 3, 1978 in the office of the St. Joseph County Recorder; thence
<br />North 25 °06'03" West along said Westerly line, 149.87 feet to the South line of Corby Street;
<br />thence South 89 °48'27" West along said South line of Corby Street, 220.51 feet to the point of
<br />beginning.
<br />and has Key Number 18 -5038- 134602 and 18-5038-1343, be designated as an Economic
<br />Revitalization Area under the provisions of Indiana Code 6 -1.1 -12.1 et sea., and South Bend
<br />Municipal Code Sections 2 -76 et sea., and;
<br />WHEREAS, the Department of Economic Development has concluded an investigation
<br />and prepared a report with information sufficient for the Common Council to determine that the
<br />area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1 -12.1, 4 t5 eL q., and
<br />South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and plats
<br />showing the boundaries and such other information regarding the area in question as required by
<br />law: and
<br />WHEREAS, the Human Resources and Economic Development Committee of the
<br />Common Council has reviewed said report and recommended to the Common Council that the
<br />area qualifies as an Economic Revitalization Area.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
<br />Bend, 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 completed by the Petitioner meet the
<br />requirements of Indiana Code 6 -1.1 -12.1 et sea., for tax abatement.
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