Designating Tax Abatement - General Machine & Saw Co. of Indiana 3636 Gagnon Rd. (5 Year Personal Property)

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RESOLUTION NO. Z/ - A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 3636 GAGNON ROAD AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR GENERAL MACHINE & SAW COMPANY OF INDIANA 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 3636 Gagnon Road, South Bend, Indiana, and which is more particularly described as follows: A part of the northeast quarter of section 28, township 38 north, range 2 east, City of South Bend, Indiana and described as follows: Commencing at the southeast corner of the northeast quarter of said section 28 said point being at the intersection of the centerlines of Boland and Bendix Drives, thence south 89.58156" west (bearing assumed) along the south line of the northeast quarter of said section 28 (being along the centerline of Boland Drive) 1150.09 feet to a point at the intersection of Boland Drive with centerline of Kenmore Street; thence north 00.00123" east along the said centerline of Kenmore Street, 579.86 feet; thence north 89.59137" west, 640.00 feet to the point of the beginning; thence south 89.59156" west, 424.01 feet; thence north 00.02145" east, 784.81 feet; thence south 89.59137" east, 423.47 feet; thence south 00.00'23" west, 784.63 feet to the point of the beginning and containing 7.634 acres more or less and is subject to easements, restrictions and or covenants of record. A part of the northeast quarter of section 28, township 38 north, range 2 east, City of South Bend, Indiana and described as follows: Commencing at the southeast corner of the northeast quarter of said section 28 said point being at the intersection of the centerline of Boland and Bendix Drives, thence south 89 58156" west (bearing assumed) along the south line of the northeast quarter of said section 28 (being along the centerline of Boland Drive) 1150.09 feet to a point at the intersection of Boland Drive with Centerline of Kenmore Street; thence north 00 00123" east along the said centerline of Kenmore Street, 579.86 feet; thence north 89 59137" west 640 feet; thence south 89 58'56" west 424.01 feet to the point of beginning; thence continuing south 89 58156" west, 100.00 feet; thence north 00 02145" east, 784.85 feet; thence south 89 59137" east, 100.00 thence north 00 02145"