Confirming Tax Abatement - A. Michael & Barbara S. Keener 411 W. Indiana Ave. (3 Year Real Property)

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RESOLUTION NO. 15C13- $ F A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 411 W. INDIANA AVE., SOUTH BEND, INDIANA TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF Real PROPERTY TAX ABATEMENT ................ .................... WHEREAS, the Common Council of the City of South Bend 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 411 W. Indiana Ave., South Bend, Indiana and which is more particularly describe as follows: PARCEL I: Lot Numbered Two (2) as shown on the recorded Plat of Stull's Fourth Addition to the City of South Bend, in St. Joseph County, Indiana, together with the 14 foo-k vacated alley lying West of and adjacent to said lot all subject to a Deed of Dedication from Frank J. Foote and Herbert J. Bowman, partners doing business under the firm name and style of J.D. Martin Machine Company, dated October 6, 1941 and recorded December 22, 1941 in Deed Record 341, page 547 et seq. in the Office of the Recorder of St. Joseph County, Indiana, which conveyed and dedicated to the City of South Bend, St. Joseph County, Indiana the use for public alley purposes: A triangular piece of land described as follows, to -wit: Starting at the Northeast corner of Lot No. 4 in Stull's Fourth Addition to the City of South Bend; thence due East 14 feet to the east line of a present public alley, thence South along the east line of said alley a distance of 17 feet; thence Northwesterly 25 -1/2 feet to the point of beginning. Also a strip of land 14 feet wide taken off of the entire east side of Lot No. 2 in Stull's Fourth Addition to the City of South Bend. Also a strip of land 14 feet wide taken off of the entire North end of said Lot No. 2 in Stull's Fourth Addition to the City of South Bend, the width of which parcel is measured perpendicular to the south right of way line of the Pennsylvania Railroad Company property. PARCEL II: Lot Numbered Four (4) as shown on the recorded Plat of Stull's Fourth Addition to the City of South Bend, in St. Joseph County, Indiana. PARCEL III: Lot Numbered Five (5) as shown on the recorded Plat of Stull's Fourth Addition to the City of South Bend, in St. Joseph County, Indiana. PARCEL IV: Lot Numbered Six (6) as shown on the recorded Plat of Stull's Fourth Addition to the City of South Bend, in St. Joseph County, Indiana. PARCEL V: The East part of Section 14, Township 37 North, Range 2 East, in the City of South Bend, bounded as follows: Beginning on the West line of Franklin Street 200 feet and 9 inches North of the North line of Indiana Avenue, which beginning point is intended to be at the Southeast corner of a tract heretofore conveyed by Maggie M. and Harry E. Stull to Charles and Fred Russ, by deed recorded in Deed Record 119, page 516; thence west a distance of 153.5 feet to the Southwest corner of said Russ tract; thence Southeasterly on the Northerly line of the Terre Haute and Logansport Railway Company's right of way a chord distance of 231.84 feet to the West line of said Franklin Street; thence North with said line a distance of 173.75 feet to the place of beginning,