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RESOLUTION NO. oZOG 3 -93 <br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND <br />DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND <br />COMMONLY KNOWN AS 3515 BOLAND DRIVE, SOUTH BEND, INDIANA, <br />AN ECONOMIC REVITALIZATION AREA <br />FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR <br />FIVE (5) YEARS FOR <br />SOCIETY LEASING (f /b /o AMERICAN TOOL & DIE, INC.) <br />WHEREAS, a Petition For Personal Property Tax Abatement <br />Consideration has been filed with the Common Council of the City of <br />South Bend, requesting that the area commonly known as 3515 Boland <br />Drive, South Bend, Indiana, 46628, and which is more particularly <br />described by a line drawn as follows: <br />A part of the Northeast Quarter of Section 28, Township 38 <br />North, Range 2 East, St. Joseph County, Indiana, described as <br />follows: <br />Commencing at the southeast corner of said quarter <br />section; thence South 89 degrees 58 minutes 56 seconds West <br />1200.00 feet; thence North 0 degrees 00 minutes 23 seconds <br />East 120 feet to the point of beginning of this description: <br />thence South 89 degrees 58 minutes 56 seconds West 329.55 <br />feet along the north line of Boland Drive; thence North 89 <br />degrees 58 minutes 56 seconds West 375.00 feet along the West <br />line of Kenmore Street; thence South 44 degrees 59 minutes 40 <br />seconds West 14.15 feet to the point of beginning, containing <br />3.000 acres, more or less. <br />The bearing of the south line of the Southeast Quarter <br />of Section 28 is assumed North 90 degrees 00 minutes 00 <br />seconds West. <br />(and which Real Estate has a Key Number of 25- 1010- 038601) be <br />designated as an Economic Revitalization Area under the provisions <br />of Indiana Code §6 -1.1- 12.1 -1, et sec, and South Bend Municipal <br />Code §2 -76, et sea; and <br />WHEREAS, the Department Of Economic Development has concluded <br />an investigation and prepared a report with information sufficient <br />for the Common Council to determine that the area qualifies as an <br />Economic Revitalization Area under Indiana Code §6 -1.1- 12.1 -1, et <br />sea, and South Bend Municipal Code §2 -76, at se—c, and has further <br />prepared maps and plats showing the boundaries and such other <br />Page 1 of 3 Pages <br />