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RESOLUTION NO. 02 O Slo -9& <br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />3605 West Cleveland Road <br />TO BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />AE PISTON PRODUCTS, INC. <br />BUILDING EXPANSION <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic <br />Revitalization Areas for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 3605 <br />West Cleveland Road and which is more particularly described as follows: <br />A tract of land in part of the East half of Section 21, Township 38 North, Range <br />2 East, 2nd P.M. St. Joseph County, Indiana, and more particularly described as <br />follows: <br />Beginning at a point on the East -West Half section line of said East Half North <br />88 degrees 53 minutes 36 seconds East 915.58 feet from the center of said Section <br />21; thence North 0 degrees 56 minutes 57 seconds West 338.80 feet; thence North <br />88 degrees 53 minutes 36 seconds East, parallel with the East -West half section <br />line of said Section, 800.00 feet; thence South 0 degrees 56 minutes 57 seconds <br />East 1726.13 feet; thence northwesterly 550.14 feet along an arc to the right <br />having a radius of 4463.66 feet and subtended by a long chord having a bearing of <br />North 54 degrees 36 minutes 59 seconds West and a distance of 549.80 feet; <br />thence North 51 degrees 05 minutes 08 seconds West 465.22 feet; thence North 0 <br />degrees 56 minutes 57 seconds West 761.20 feet to the East -West half section line <br />of said East half the point of beginning, and containing 26.203 acres, more or less. <br />with said real estate having the following Key No. 25- 1013 -0218, as an Economic <br />Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing the for purposes of hearing all <br />remonstrances and objections from interested persons; and <br />