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RESOLUTION NO. 20 G f- 93
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE
<br />CITY OF SOUTH BEND DESIGNATING CERTAIN
<br />AREAS WITHIN THE CITY OF SOUTH BEND,
<br />INDIANA, COMMONLY KNOWN AS 322 EAST
<br />COLFAX AVENUE, AN ECONOMIC REVITALIZATION
<br />AREA FOR PURPOSES OF A TEN (10) YEAR REAL
<br />PROPERTY TAX ABATEMENT FOR
<br />THE SOUTH BEND REDEVELOPMENT COMMISSION ON
<br />BEHALF OF RKE, INC. (DBA: STEPHENSON MILL)
<br />WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for
<br />consideration by the Common Council of the City of South Bend, Indiana requesting that the
<br />area commonly known as 322 E. Colfax Avenue, South Bend, Indiana, and which is more
<br />particularly described as follows:
<br />Parcel "A ":
<br />That part of the Northeast Quarter of Section 12, Township 37 North, Range 2 Past, Portage
<br />Township, City of South Bend, St. Joseph County, Indiana which is described as: Beginning
<br />at the intersection of the South right -of -way line of Colfax Avenue and the West right -of -way
<br />line of Gintz Avenue which point is West 256.3 ft. from an iron set for the Southwest corner
<br />of Niles Avenue and Colfax Avenue; thence South 05 °- 53' -22" East along said West right -of-
<br />way line, 274.37 ft. (Record, South 05 ° -31' West, 274.4 ft.); thence North 890- 58' -48"
<br />West, 167.91 ft. (Record, West 167.9 ft.); thence North 15 °- 07'45" West, 87.70 ft. (Record,
<br />North 150-6' West); thence North 870- 52' -06" East, 47.34 ft. (Record, N. 890-47' East
<br />47.25 ft.); thence North 00 °- 56' -55" West, (Record, North 00 ° -56' West 188.2 ft.) to the
<br />South right -of -way line of Colfax Avenue; thence South 890- 54' -00" East along said South
<br />right -of -way line, (Record, East 118.48 ft.), 118.42 ft. to the point of beginning. Containing
<br />0.8877 Acres. Subject to all legal highways, easements and restrictions of record.
<br />Parcel "B ":
<br />That part of the Northeast Quarter of Section 12, Township 37 North, Range 2 Past, Portage
<br />Township, City of South Bend, St. Joseph County, Indiana which is described as: Beginning
<br />at a point on the West right -of -way line of Gintz Avenue which point is 273.00 ft. South of
<br />the South right -of -way line of Colfax Avenue, measured at right angles to said south right -of-
<br />way line; thence South 05 °- 53' -22" East along said Gintz Avenue right -of -way line and its
<br />extension, (Record, South 05 °- 27' -44" East), 152.28 ft.; thence North 89 °- 58' -48" West,
<br />149.14 ft.; thence North 24 °- 37' -29" West, 166.65 ft.; thence South 89 °- 58' -48" East,
<br />202.95 ft. to the point of beginning. Containing 0.6121 acres. Subject to all legal highways,
<br />easements and restrictions of record.
<br />and which has Key Number 18 -5001 -0007, be designated as an Economic Revitalization Area
<br />under the provisions of Indiana Code 6 -1.1- 12.1 -1 et sea., and South Bend Municipal Code
<br />Sections 2 -76 et sea., and;
<br />WHEREAS, the Department of Economic Development has concluded an investigation and
<br />prepared a report with information sufficient for the Common Council to determine that the
<br />area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, gt Leq.,
<br />and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and
<br />plats showing the boundaries and such other information regarding the area in question as
<br />required by law; and
<br />WHEREAS, the Human Resources and Economic Development Committee of the Common
<br />Council has reviewed said report and recommended to the Common Council that the area
<br />qualifies as an Economic Revitalization Area.
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