Confirming Tax Abatement - South Bend Scrap & Processing Div. 1305 Prairie (3 Year Real Property)

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RESOLUTION NO. 11. to 0 - `6 9 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA COMMONLY KNOWN AS 1305 PRAIRIE TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A ( 3 I YEAR ,REAL PROPERTY TAX ABATEMENT FOR South Bend Scrap & Processing Div. Sturgis Iron & Metal Co., Inc. 1305 Prairie Ave., P.O. Box 2737 South Bend, IN 46680 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 pur- pose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as (common ad- dress) and which is more particularly described as follows: PARCEL 1 • BOUNDARY SURVEY Part of the Northwest Quarter of Section 14, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana. DESCRIPTION: A parcel of land being a part of the North Half of Section 14, Township 37 North, Range 2 East, City of South Bend, Portage Township; St. Joseph County, Indiana, being more particularly described as follows: Commencing at a point in the West line of Prairie Avenue, 45.00 feet South by rectangular measurement, from the South line of Garst Street in said City: thenc South 280- 16' -39" West, along said West line of Prairie Avenue, a distance of 945.84 feet to the place of beginning for this descrip- tion; thence continuing South 280- 16' -39" West, along said West line of Prairie Avenue, a distance of 90.00 feet to the Northerly line of a parcel of land conveyed to L & A Enterprises by deed record- ed as instrument number 8218566 in the office of the Recorder of St. Joseph County, Indiana; thence North 61 °- 44' -13" West, along said Northerly line, a distance of 370.15 feet to the Westerly line of said L & A Enterprises tract of land; thence South 280- 10'18" West, along said Westerly line, the Westerly line of a parcel of land conveyed to L & A Enterprises by deed recorded as in- strument numbered 8218567, a distance of 240.00 feet to an angle point, thence South 280- 48' -14" West along the Westerly line of a parcel of land conveyed to Indiana Bell Telephone Company, Inc. by deed recorded in Book 665, Page 463 in said Recorder's Office and its Southerly projec- tion a distance of 313.61 feet; thence South 590- 05' -32" West, a distance of 325.48 feet; thence South 00- 39'44" West, a distance of 7.30 feet; thence North 840- 35' -10" West a distance of 56.24 feet to a point of curvature; thence Southwesterly along a curve to the left having a radius of 523.66 feet, a central angle of 18'-38'-47" and limited in length by a chord of 169.67 feet that bears South 860- 05' -27" West to a point of tangency; thence South 760- 46' -03" West a distance of 175.60 feet to a point on a non - tangent curve; thence Northeasterly along a curve to the left having a radius of 272.37 feet, a central angle of 700- 56' -52" and limited in length by a chord of 316.13 feet that bears North 350- 35'57" East to a point of tangency; thence North 0 °- 07' -28" East, a distance of 1108.76 feet; thence North 670- 39' -57" East, a distance of 330.91 feet; thence South 89 °- 58' -01 ", East a distance of 398.62 feet; thence South 890- 58' -10" East, a distance of 307.58 feet; thence South 89°- 46' -31" East a distance of 582.58 feet; thence South 280- 06' -58" West a distance of 50.99 feet; thence North 89 °- 46' -31" West a distance of 558.69 feet; thence North 89°- 58' -10" West a distance of 212.73 feet; thence South 28°- 15'41" West a distance of 582.69 feet; thence South 61 0- 44' -13" East a distance of 680.30 feet to the place of beginning containing 21.97 acres more or less. Subject to any easement, covenants or restrictions of record.