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RESOLUTION NO. �o r -" <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING A CERTAIN AREA WITHIN <br />THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />CRESCENT OAKS, SECTION THREE <br />AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A <br />(5) FIVE -YEAR RESIDENTIAL REAL <br />PROPERTY TAX ABATEMENT FOR <br />Tampico Developments, LLC <br />WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement <br />have been submitted to and filed with the City Clerk for consideration by the Common Council <br />of the City of South Bend, Indiana, requesting that the area commonly known as Crescent Oaks, <br />Section Three, South Bend, Indiana, and which is more particularly described as follows: <br />A PARCEL OF LAND BEING A PART OF PARENT PART OF LAND AS DESCRIBED IN <br />DEED RECORD INSTRUMENT NUMBER 9944308 AS RECORDED IN OFFICE OF <br />RECORDER OF ST. JOSEPH COUNTY, INDIANA, IN PART OF THE NORTHWEST <br />QUARTER OF SECTION 32, TOWNSHIP 37 NORTH, RANGE 3 EAST, CITY OF SOUTH <br />BEND, PENN TOWNSHIP, INDIANA MORE PARTICULARLY DESCRIBED AS <br />FOLLOWS: <br />COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 32; THENCE <br />SOUTH 00 °16'29" EAST ALONG THE WEST LINE OF SAID NORTHWEST QUARTER; A <br />DISTANCE OF 1,988.74 FEET TO THE SOUTHWEST CORNER OF CRESCENT OAKS <br />SECTION IA, A REPLAT OF CRESCENT OAKS SECTION 1, AS RECORDED AS <br />INSTRUMENT NUMBER 0839817 IN THE OFFICE OF RECORDER OF ST. JOSEPH <br />COUNTY, INDIANA; THENCE NORTH 89 °51'58" EAST ALONG THE SOUTH LINE OF <br />CRESCENT OAKS SECTION IA, A DISTANCE OF 706.23 FEET TO THE SOUTHEAST <br />CORNER OF CRESCENT OAKS SECTION IA; THENCE NORTH 00 °31'01" WEST <br />ALONG THE EAST LINE OF CRESCENT OAKS SECTION IA, A DISTANCE OF 134.72 <br />FEET; THENCE SOUTH 89 °28'59" WEST ALONG THE EAST LINE OF CRESCENT OAKS <br />SECTION IA, A DISTANCE OF 10.93 FEET; THENCE NORTH 00 °31'01" WEST ALONG <br />THE EAST LINE OF CRESCENT OAKS SECTION IA, A DISTANCE OF 188.50 FEET TO <br />THE POINT OF BEGINNING; THENCE CONTINUING NORTH 00 031'01" WEST ALONG <br />THE EAST LINE OF CRESCENT OAKS SECTION IA, 178.50 FEET; THENCE NORTH <br />