Designating Tax Abatement - Emtech Corporation 3300 W. Sample St. Suite 1000 (5 Year Personal Property)

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RESOLUTION NO. A RESOLUTION OF THE CCMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 3300 W. SAMPLE ST., SUITE 1100 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR EMTECH CORPORATION WHEREAS, a petition for personal property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area comnonly know as 3300 W. Sample St., Suite 1100, South Bend, Indiana, and which is more particularly described as follows: Parcel I: A tract of land in the Northeast Quarter of the Northeast Quarter of Section 16, Township 37 North, Range 2 East, bounded by a line running as follows, viz: Beginning at a point 338 feet East of the Northwest corner of the Northeast Quarter of the Northeast Quarter of said Section 16; thence running East along the North line of said Section 16 a distance of 657.7 feet; thence South 900.6 feet; thence West 657.1 feet; thence North 900.6 feet to the place of beginning. Subject also to a right of way of the New Jersey, Indiana & Illinois Railroad Company, as conveyed to it by Warranty Deed dated February 11, 1930, recorded in Deed Record 227, page 293 in the County Recorder's Office of St. Joseph County, Indiana. Parcel II: A certain tract of land in Belleville Industrial District, in Section 16, Township 37 North, Range 2 East, described as follows: Beginning at the intersection of the center line of the New Jersey, Indiana & Illinois Railroad Spur and the North line of proposed Industrial Avenue, said intersecting point being 900.6 feet South and 1329.87 feet East of the Northwest corner of the Northeast Quarter of Section 16, Township 37 North, Range 2 East; thence East along the North line of proposed Industrial Avenue if extended East 664.5 feet; thence South parallel with the West line of the Northeast Quarter of said Section 16, 311.5 feet to the center line of said New Jersey, Indiana & Illinois Railroad Company's Spur line running in a Southwesterly and Northwesterly direction; thence Southwesterly and Northwesterly along the center line of said spur line 1096.5 feet to the place of beginning, excepting therefr all railroad right -of -ways within said tract; and also exsep ing therefrom a tract of land described as beginning at a point 9 feet East of and 900.6 feet South of the Northwest corner of the Northeast Quarter of the Northeast Quarter of Section 16, Township and Range aforesaid; thence running East parallel with and 900.6 feet South of the North line of said Section 16 a distance of 329 feet; thence South parallel with and 338 feet East of the West line of the Northeast Quarter of the Northeast Quarter of said Section 16, a distance of 38 feet; thence West parallel with and 938.6 feet South of the North line of said Section 16 a distance of 329 feet; thence North parallel with and 9 feet East of the West line of the Northeast Quarter of the Northeast Quarter of said Section 16 a distance of 38 feet to the place of beginning. and this property has Key Number 18- 8112 -4211, be designated as a Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et sec., and South Bend Municipal Code Sections 2 -76 et seer.; 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 a Economic Revitalization Area under Indiana Cod 6- 1.1 -12 -1, €t sea., 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 area in question as required by law; and WHEREAS, the Human Resources and Economic Development Comni.ttee of the Common Council has reviewed said report and recannended to the Common Council that