Confirming Tax Abatement - Steel Warehouse of Indiana Inc./Allan Lerman, Frances Lerman, Nathan Lerman and A & F Realty Co. 2722 Tucker Dr. (10 Year Real Property)

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with said real estate having the following Key No. 18- 075- 284406, 18- 075 -2843, 18 -075- 284403. 18- 075- 284404. 18- 075- 284502, 18- 075- 284503, 1818 - 075 28501, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area dexcribed herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for an is grated real property tax deduction for a period of ten (10) years, and further determines that the peition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et sea.. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. FJS 47695 PRESENTED ;�- // 9,1 NOT APPROVED ADOPTED 7 // 9' 0 W1.011FIVITA-WITITIMPA.417 1� Filed in Clerk's Office Jill 1 7 13�� InFNF GAMMON CRY CLFq (, 50. SEND, IN.