Designating Tax Abatement - Emerson Forest LLC Southeast Corner of West Ewing Ave, Praire Ave and Locust Rd. (5 Year Real Property)

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RESOLUTION NO. 2UO 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 SOUTHEAST CORNER OF WEST EWING AVENUE, PRAIRIE AVENUE AND LOCUST ROAD RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR REAL PROPERTY RESIDENTIAL TAX ABATEMENT FOR EMERSON FOREST, LLC 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 areas commonly known as Southeast corner of West Ewing Avenue, Prairie Avenue and Locust Road, South Bend, Indiana, and which are more particularly described as follows: A PARCEL OF LAND BEING PART OF THE WEST HALF OF THE NORTHEAST QUARTER OF SECTION 22, TOWNSHIP 37 NORTH, RANGE 2 EAST, PORTAGE TOWNSHIP, SAINT JOSEPH COUNTY, INDIANA, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF SAID QUARTER SECTION; THENCE NORTH 890- 35'- 35" EAST (BEARING ASSUMED) ALONG THE NORTH LINE OF SAID QUARTER SECTION, A DISTANCE OF 1303.09 FEET; THENCE SOUTH 0 °- 16'- 29" EAST ALONG THE WEST RIGHT -OF -WAY LINE OF GRANT STREET; A DISTANCE OF 179.00 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 0 °- 16'- 29" EAST LONG SAID RIGHT -OF -WAY A DISTANCE OF 27.00 FEET; THENCE NORTH 890- 35'- 35" EAST TO THE EAST LINE OF WEST HALF OF SAID QUARTER SECTION; A DISTANCE OF 30.00 FEET; THENCE SOUTH 00- 16' -29" EAST ALONG SAID EAST LINE TO THE SOUTH LINE OF SAID QUARTER SECTION, A DISTANCE OF 2405.46 FEET; THENCE S. 88 °- 34'- 19" WEST ALONG SAID SOUTH LINE TO A POINT BEING 152.9 FEET EAST OF THE WEST LINE OF SAID QUARTER SECTION; A DISTANCE OF 1193.09 FEET; THENCE NORTH 0 °- 00' -12" EAST PARALLEL WITH THE WEST LINE OF SAID QUARTER TO THE SOUTHEAST CORNER OF ELMER BOOCHER MINOR SUBDIVISION AS RECORDED (INSTRUMENT NUMBER 8627026), A DISTANCE OF 1160.66 FEET; THENCE NORTH 0 °- 00' -48" WEST ALONG THE EAST LINE OF SAID MINOR SUBDIVISION TO THE SOUTH LINE OF PEAKS 1ST ADDITION, A DISTANCE OF 1018.02 FEET; THENCE NORTH 610- 29'- 37" EAST ALONG THE SOUTH LINE OF PEAKS 1ST ADDITION, A DISTANCE OF 584.00 FEET; THENCE CONTINUING ALONG SAID SOUTH LINE NORTH 890- 35'- 35" EAST A DISTANCE OF 638.00 FEET TO THE POINT OF BEGINNING. (CONTAINING 68.8 ACRES MORE OR LESS). SUBJECT TO ANY EASEMENTS, COVENANTS OR RESTRICTIONS OR RECORD. and which have Key Numbers 18- 8154 -5545 and 18- 8154 - 5545.01 be designated as Residentially Distressed Areas 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 areas qualify as Residentially Distressed Areas under Indiana Code 6 -1.1- 12.1-1, et sue., 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 areas 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 areas qualify as Residentially Distressed Areas.