Designating Tax Abatement - J.M.S. Building Rehabilitation 108 N. Main St. (6 Year Real Property)

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RESOLUTION NO. IG (4 2 - FS 9 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 108 N. MAIN STREET, SOUTH BEND, INDIANA, 46601 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 6 YEAR REAL PROPERTY TAX ABATEMENT FOR J.M.S. BUILDING REHABILITATION WHEREAS, a petition for real property abatement has been I - filed with the City Clerk for consideration. by Common Council of -erat. I the City South Bend, Indiana, requesting that the. area A commonly known as 108 N. Main Street, South Bend,. Indiana 46601, and which is more particularly described as follows: A parcel of land bounded by the line drawn as follows: Commencing at the Southwest- corner of Lot No. 19 in the Original Plat of the Town, now City it:v of South Bend, extending North Ill feet 8 inches; thencp. Fast 70 feet; thence North 20 feet 4 inches to the North line of Lot Nn, 20 in the Original Plat of said Town; thence East nn the North line of said Lot NO, 20; 55 feet; thence South 41 feet; thence West 62 feet 6 inches; thence South 91 feet to Washington Avenue being the South line of said Lot: No. 19; thence West 62 feet 6 inches to the plar.e of beginning, including any excess shown by actual survey. Subject to an easement for light and air in that portion of the above described tract bounded by a line beginning at the point 132 feet North and A9 feet West of the Southeast corner of said Lot No, 19 in the Original Plat of the Town, now City of South Bend; thence South 41 feet; thence East 9 feet; thence North 41 feet; thence West 9 feet to the place of beginning. Also an easement for a right of way from the alley Past of the above described- tract 16 feet wide by 40 feet long East and West, which right of way is 'nnun(3Pd by a. line commencing at a- point 122 feet North of the Southeast corner nf said Lot No. lq in the Ori.grinal Plat of the Town, now City of South Bend; thenc.p. West 40 feet; the-,ice South 16 feet; thence East 40 feet; thence North 16 feet to the place of begi.nnj-ng, being a tract of land. 16 feet wide North and South and 40 feet long Past and West ad-joining and immediately South of the ten foot strip nff the North part of said Lot Nn, 20 and conveyed to James Oliver and J. D. Oliver on A-0rjI 10th, 1884. Said right of way including all the basement and the first story of any building erected over the property of the Rervient estate and which right of way j.s appurtenant to the premises first herein above described, Excepting therefrom the following described tract: A part of Lots Numbered 19 and 20 as shown on the Original Plat of the Town, now City of South Bend, which part is bounded by a line running as follows, vi?: RPg-inning at a point 122 feet North of the Southeast r-nrner of said Lot Numbered 19 in the Original Plat of the Town, nnw City of South Rend, thence