Confirming tax Abatement - Charles & Hattie P. Pryor 208 E. Sample St. (3 Year Real Property)

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RESOLUTION NO. �3 U- � 6 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 208 EAST SAMPLE STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR THE SOUTH BEND REDEVELOPMENT COMMISSION FOR THE BENEFIT OF: CHARLES AND HATTIE P. PRYOR 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 208 East Sample Street and which is more particularly described as follows: THAT PART OF THE NORTHWEST QUARTER OF SECTION 13, TOWNSHIP 37 NORTH, RANGE 2 EAST, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED AS: BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF SAMPLE STREET WITH THE EAST LINE OF THE RECORDED PLAT OF "BAKER'S FIRST ADDITION ", AS RECORDED IN THE OFFICE OF THE RECORDER OF ST. JOSEPH COUNTY, INDIANA; THENCE ALONG THE SOUTH LINE OF SAMPLE STREET, S. 89 °- 44' -10" E., 194.37 FT. (EAST, 194.00 FT., RECORD); THENCE S. 00 °- 44' -42" W., 146.68 FT. TO A POINT ON THE NORTH LINE OF LOT 4 OF SAID RECORDED PLAT; THENCE N. 89'- 34'-53" W. ALONG SAID NORTH LINE, 6.91 FT.; THENCE S. 00'- 32' -18" W., 96.41 FT. THE NORTH RIGHT -OF -WAY LINE OF OHIO STREET; THENCE ALONG SAID NORTH LINE, N. 89'- 39' -20" W., 177.44 FT. TO A POINT WHICH IS S. 89'- 39' -20" E., 38.50 FT. FROM THE SOUTHWEST CORNER OF LOT 1 IN SAID SUBDIVISION; THENCE N. 00'- 27' -47" E., 96.64 FT. TO THE NORTH LINE OF SAID LOT 1; THENCE ALONG SAID NORTH LINE, N. 89'- 34' -53" W., 9.46 FT.; THENCE N. 000- 34' -34" E., 146.15 FT. (NORTH, 145.0 FT., RECORD) TO THE POINT OF BEGINNING. and which has Key Number 18- 7001 -0008, 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: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council.