Confirming Tax Abatement - Bangor Refrigeration Building Addition Project 3620 W. McGill St. (5 Year Personal Property)

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RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3620 WEST MC GILL STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 5 YEAR PERSONAL PROPERTY TAX ABATEMENT FOR BANGOR REFRIGERATION BUILDING ADDITION PROJECT WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 3620 West McGill Street, and which is more particularly described as follows: Commencina at the Northeast corner of said Section 28; thence South 89' 48'05" West along the North line of said Quarter Section, 1305.00 feet; thence South 00 00123" West along the centerline of Kenmore Street, 363.70 feet; thence South 09° 59137" East along said centerline, 486.87 feet to the centerline intersection of Kenmore Street and McGill Street; thence South 80 000123" West along the centerline of McGill Street, 303.50 feet; thence North 89 059137" West along said centerline, 270.66 feet to the Point of Beginning; thence South 00 °00'00" West, 401.41 feet; thence North 89 °59'37" West, 523.60 feet; thence North 00 002141" East, 401.40 feet; thence South 89 °59'37" West, 523.23 feet to the Point of Beginning, and containing 4.823 acres, more or less, and is subject to all easements, restrictions, and or limitations of record. with said real estate have the following Key No. 25 500 505.9, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana as follows: