Designating Tax Abatement - Mack Tool & Engineering, Inc. 2820 Virdian Dr. (5 Year Personal Property)

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RESOLUTION NO. 'N,95 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 2820 VIRIDIAN DRIVE SOUTH BEND, INDIANA 46628 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR MACK TOOL & ENGINEERING, INC. 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 commonly known as 2820 Viridian Drive, South Bend, Indiana 46628, and which is particularly described as follows: LEGAL DESCRIPTION: AIRPORT INDUSTRIAL PARK - LOT 5 -3A1 A PART of the Southeast Quarter of Section 28, township 38 North, Range 2 East, of the Second Principal Meridian, City of South Bend, St. Joseph County, Indiana and described as follows: COMMENCING at the Northeast corner of the Southeast Quarter of said Section 28, said point being at the intersection of Bendix and Boland Drives; thence South 89 degrees 58'56" West (bearing assume) along the Southerly right -of -way line of Boland Drive 1242.51 feet to the Point of Beginning; thence South 00 degrees 21'33" West, 293.00 feet, thence South 89 degrees 58'56" West, 260.00 feet; thence North 00 degrees 21'33" East, 293.00 feet; thence North 89 degrees 58'56" East, 260.00 feet to the Point of Beginning and containing 1.75 acres, more or less, and is subject to all easements, restrictions and or covenants of record. and this property has Key Number 25 -1010- 040029, be designated as an Economic Revitalization Area under the provisions of Indiana Code 6- 1.1- 12.1 -1 et ea., and South Bend Municipal Code Sections 2 -76 et sea; and