Designating Tax Abatement - Precision Millwork & Plastics, Inc. 3601 McGill (3 Year Real Property)

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RESOLUTION NO. /?7G' 9R A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3601 MCGILL AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE YEAR REAL PROPERTY TAX ABATEMENT FOR PRECISION MILLWORK & PLASTICS, INC. WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the area commonly known as 3601 McGill, South Bend, Indiana, and which is more particularly described as follows: A part of the NE 1/4 of Section 28, Township 38 North, Range 2 East, City of South Bend, St. Joseph County, Indiana, described as follows: Commencing at the northeast corner of Section 28; thence South 89 48'05" West along the north line of said quarter section a distance of 1305.00 feet; thence South 0 00'23" West along the centerline of Kenmore Street a distance of 363.70 feet; thence South 9 59'37" East along said centerline a distance of 486.87 feet to the centerline intersection of Kenmore Street with McGill Street; thence South 80 00'23" West along the centerline of McGill Street a distance of 303.50 feet; thence North 89 59'37" West along said centerline a distance of 270.66 feet; thence North 0 00'23" East a distance of 35.00 feet to the north right -of -way boundary of said McGill Street and the point of beginning; thence North 0 00'23" East a distance of 366.65 feet; thence North 89 48'36" East a distance of 260.00 feet; thence South 0 00'23" West a distance of 361.04 feet to the north boundary of said McGill Street; thence Southwesterly along said boundary 156.61 feet along an arc to the right having a radius of 1874.86 feet and subtended by a long chord having a bearing of South 89 48'36" West and a length of 156.43 feet; thence North 89 59'37" of beginning and containing 2.172 acres, more or less. Above described tract of land is encumbered by an easement described as follows: 1. An easement for wastewater and stormwater systems located into, under, upon, over and across a strip of land 12.5 feet in width with its north boundary being the north boundary of the above described tract of land. and which has Key Number 25- 1010 - 038514, be designated as an Economic Revitalization area under the provisions of Indiana Code