Designating Tax Abatement - Container Service Corp. 2811 N. Viridian Dr. (5 Year Personal Property)

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RESOLUTION NO. o %q-9,5 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 2811 N. VIRIDIAN DR. SOUTH BEND, IN 46628 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR CONTAINER SERVICE CORPORATION WHEREAS, a petition for personal property tax abatement consider- ation has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 2811 N. Viridian Dr., South Bend, Indiana, and which is more particularly de- scribed as follows: PT SE SEC 28 -38 -2E BEG 1582.51' W NE COR S 375 W 709.63' N 375' E 711.9' TO POB 6.12 ACS and this property has Key Number 25- 1010 - 040022, be designated as an Economic Revitalization Area under the provisions of INDIANA CODE 6 -1.1- 12.1 -1 et seq., and South Bend Municipal Code Sections 2 -76 et sea; and WHEREAS, the Department of 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, et sea., and South Bend Municipal Code Sections 2 -76 et seq., 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 Human Resources 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 Revi- talization Area. 1