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RESOLUTION NO. I g(°(° -27
<br /> A RESOLUTION OF THE COMMON COUNCIL OF THE
<br /> CITY OF SOUTH BEND DESIGNATING CERTAIN
<br /> AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS
<br /> MONROE PARK DISPOSITION PARCEL NO. M2-8,
<br /> AN ECONOMIC REVITALIZATION AREA FOR
<br /> PURPOSES OF REAL PROPERTY TAX ABATEMENT
<br /> WHEREAS, a petition for real property tax abatement
<br /> consideration has been filed with the Common Council of the City
<br /> of South Bend, requesting that the area commonly known as Monroe
<br /> Park Disposition Parcel No. M2-8, South Bend, Indiana, and which
<br /> is more particularly described as follows:
<br /> A parcel of land being Lots 5 , 6 , 7 and 8 , and the East half of a
<br /> vacated 11- foot -wide alley lying West of and adjacent to said Lots 6 ,
<br /> 7 , 8 , all in Moses Stern ' s Subdivision of parts of Lots 19 and 20 ,
<br /> Denniston and Fellows Addition , South Bend , Indiana , and being more
<br /> particularly described as follows , viz :
<br /> Beginning at a point on the West right-of -way line of Fellows Street
<br /> ( 60 feet wide ) , said point being South 00 -02 ' 20" East a measured
<br /> distance of 147 . 65 feet from the intersection of said West line with
<br /> the South right-of-way line of Monroe Street ( 82 . 5 feet wide ) , said
<br /> point being the Northeast corner of Lot 5 in said Moses Stern ' s
<br /> Subdivision ; thence South 0°-01 ' 20" East , along the West line of said
<br /> Fellows Street , being also the East line of Lots 5 , 6 , 7 and 8 in
<br /> said subdivision , a measured distance of 117 . 52 feet to the Southeast
<br /> corner of said Lot 8 ; thence North 89° -55 ' -40" West , along the South
<br /> line of said Lot 8 and said South line projected , a measured distance
<br /> of 137 . 28 feet to the centerline of an 11 -foot -wide alley ; thence
<br /> North 0°-02 ' -49" East , along said centerline and 5 . 50 feet West of
<br /> the West line of said Lots 8 , 7 , and 6 , a measured distance of 85. 37
<br /> feet to the North line of said Lot 6 , projected West ; thence South
<br /> 89° -55 ' -56" East , along said projected line , a distance of 5 . 50 feet
<br /> to the Northwest corner of said Lot 6 ; thence North 0°-02 ' -49" East ,
<br /> along a West line of said Lot 5 , a measured distance of 10. 04 feet to
<br /> a Northwesterly corner of said Lot 5 ; thence South 89° -57 ' -42" East ,
<br /> along a North line of said Lot 5 , thence South 89°-57 ' -42" East along
<br /> a North line of said Lot 5, a measured distance of 19 . 35 feet ; thence
<br /> North 0°-02 ' -16" West , along a West line of said Lot 5 , a measured
<br /> distance of 22. 10 feet to a Northwesterly corner of said Lot 5 ;
<br /> -.thence South 89°-55' -38" East , along the most Northerly line of said
<br /> Lot 5 , a measured distance 112.29 feet to the point of beginning .
<br /> be designated as an Economic Revitalization Area under the
<br /> provisions of Indiana Code 6-1 . 1 -12. 1 -1 , et seq. and South Bend
<br /> Municipal Code Section 2-76; and
<br /> WHEREAS, the Department of Economic Development has
<br /> concluded an investigation and prepared a report with information
<br /> sufficient for the Common Council to determine that the area
<br /> qualifies as an Economic Revitalization Area under Indiana Code
<br /> 6-1 .1 -12. 1 -1 , et seq. and South Bend Municipal Code Section 2-76,
<br /> and has further prepared maps and plats showing the boundaries
<br /> and such other information regarding the area in question as
<br /> required by law; and
<br /> WHEREAS, the Human Resources and Economic Development
<br /> Committee of the Common Council has reviewed said report and
<br /> recommended to the Common Council that the area qualifies as an
<br /> Economic Revitalization Area.
<br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the
<br /> City of South Bend, Indiana, as follows:
<br />
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