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

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RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2820 VIRIDIAN DRIVE SOUTH BEND, INDIANA 46628 TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A ' FIVE YEAR PERSONAL PROPERTY TAX ABATEMENT FOR MACK TOOL & ENGINEERING, INC. 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 2820 Viridian Drive, South Bend, Indiana 46628 and which is more 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.