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A parcel of land in th <br />37 North, Range 2 East <br />wide, fifteen (15) fee <br />line. Beginning at a <br />Quarter 680 feet West <br />Section; thence North <br />degrees West along the <br />sewer 148 feet to the <br />e Northeast Quarter of Section 23, Township <br />, being a strip of land thirty (30) feet <br />t on each side of the following described <br />point on the South line of said Northeast <br />of the Southeast corner of said Quarter <br />0 degrees 25' East 43 feet; thence North 49 <br />approximate centerline of the existing storm <br />North line of Plant 8 parcel. <br />with said real estate having the following Key No.18 -8020- <br />0837, as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution <br />and the public hearing before the Council has been published <br />pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes <br />of hearing all remonstrances and objections from interested <br />persons; and <br />WHEREAS, the Council has determined that the qualifications <br />for an economic revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the <br />City of South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its <br />Declaratory Resolution designating the area described <br />herein as an Economic Revitalization Area for the purposes <br />of tax abatement. Such designation is for Personal property <br />tax abatement only and is limited to two (2) calendar years <br />from the date of adoption of the Declaratory Resolution by <br />the Common Council. <br />SECTION II. The Common Council hereby determines that the <br />property owner is qualified for and is granted Personal <br />property tax deduction for a period of five (5) years, and <br />further determines that the petition complies with Chapter <br />21 Article 6, of the Municipal Code of the City of South <br />Bend and Indiana Code 6 -1.1 -12.1 et seq. <br />SECTION III. This Resolution shall be in full force and <br />effect from and after its adoption by the Common Council and <br />approval by the Mayor. <br />PRESENTED /D - //- R,? <br />NOT APPROVED <br />ADOPTED /,�„ //- & <br />GAB 81 l,1 <br />MEMB R OF HE COMMON COUNCIL <br />Filed in Clerk's Office <br />