Confirming Tax Abatement - South Bend Tribune Corp. 213 & 225 W. Colfax Ave. (5 Year Personal Property)

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Twenty -one (21) feet off the entire South side of Lot Numbered Two Hundred Thirty -three (233) as shown on the Original Plat of the Town, now City, of South Bend, in St. Joseph County, in the State of Indiana. Lot Numbered Two Hundred Thirty -two (232) as shown on the Original Plat of the Town, now City of South Bend, Indiana. Parcel No. 1. Lots Numbered Two Hundred Twenty-Nine (229), Two Hundred Thirty (230) and Two Hundred Thirty -One (231) as shown on the Original Plat of the Town, now City of South Bend; Parcel No. 2. Lot Numbered Fifteen (15) as shown on the recorded Plat of Bulla and Patton's Addition to the City of South Bend; Parcel No. 3. A parcel of land in the North half of Section 14, Township 37 North, Range 2 East in the City of South Bend, in the County of St. Joseph, in the State of Indiana, more particularly described as follows: Beginning at the intersection of the North line of the South Bend, St. Joseph and Southern Railroad right -of -way with the Westerly line of Prairie Avenue; thence West along said North right -of -way line of railroad, 600.00 feet; thence North perpendicular to said North right -of -way line of railroad, 50.00 feet; thence Northeasterly 325.46 feet to the Southwesterly corner of a tract of land conveyed to the Indiana Bell Telephone Company, Inc. by the Indiana National Bank of Indianapolis by virtue of a quit claim deed dated July 14, 1965, and recorded July 21, 1965, in Deed Record 665, Pages 463 -465, in the Office of the Recorder of St. Joseph County, Indiana; thence Southeasterly along the Southerly line of said Indiana Bell Telephone Company, Inc. tract of land, 383.18 feet to the Southeasterly comer of said Indiana Bell Telephone Company tract, also being the Westerly line of Prairie Avenue; thence Southwesterly along said Westerly line of Prairie Avenue, 53.23 feet to the place of beginning, and containing 1.89217 acres; with said real estate having the following Key Nos. 18- 1008 - 029701 for 213 West Colfax Colfax Avenue 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; and WHEREAS, the Council issued a Confirmatory Resolution confirming the adoption of the Declaratory Resolution as Resolution No. 1935 -92 on April 28, 1992; and WHEREAS, completion of the project has exceeded the two (2) year period prescribed for the tax abatement by the original Declaratory Resolution and Confirmatory Resolution; and -2-