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RESOLUTION NO. � E( 3 13 <br /> A RESOLUTION OF THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN <br /> THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br /> 5115 Dylan Drive, South Bend, IN 46628 <br /> AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br /> (5) FIVE-YEAR PERSONAL PROPERTY TAX ABATEMENT FOR: <br /> FedEx Ground Package System, Inc. <br /> WHEREAS, a petition for personal property tax abatement consideration has been filed <br /> with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, <br /> requesting that the area commonly known as 5115 Dylan Drive, South Bend, IN 46628 and which <br /> is more particularly described as follows: <br /> Business Personal Property <br /> and which has a Key Number to be assigned be designated as an Economic Revitalization Area <br /> under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections <br /> 2-76 et seq., and; <br /> WHEREAS,the Department of Community Investment has concluded an investigation and <br /> prepared a report with information sufficient for the Common Council to determine that the area <br /> qualifies as an Economic Revitalization Area under Indiana Code 6-1.1-12.1, et sec., and South <br /> Bend Municipal Code Sections 2-76, et sec., and has further prepared maps and plats showing the <br /> boundaries and such other information regarding the area in question as required by law; and <br /> WHEREAS, the Community Investment Committee of the Common Council has reviewed <br /> said report and recommended to the Common Council that the area qualifies as an Economic <br /> Revitalization Area. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br /> Bend, Indiana, as follows: <br /> SECTION I. The Common Council hereby determines and finds pursuant to Indiana Code 6- <br /> 1.1-12.1-4.5 et seq., that: <br /> a. The estimate of the cost of the new manufacturing equipment is reasonable for <br /> equipment of that type; <br /> b. That the estimate of the number of individuals that will be employed or whose <br />