Designating Tax Abatement -Allied Products Corporation 601 W. Broadway St. (6 Year Real Property)

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Northwest and having a central angle of 20°12 ' 58" and a radius of 360 . 95 feet; thence Southwesterly along said last described curve an arc distance of 127.36 feet to the point of compound curvature with a curve concave to the Northwest and having a central angle of 20°12 ' 00" and a radius of 258 .09 feet; thence Southwesterly along said last described curve an arc distance of 91.21 feet to its intersection with a curve concave to the Northwest and having a central angle of 9°29 ' 12" and a radius of 716. 78 feet; thence Northeasterly along said last described curve an arc distance of 118 . 68 feet to the point of compound curvature with a curve concave to the Northwest and having a central angle of 35°45 '48" and a radius of 270 .30 feet; thence Northeasterly along said last described curve an arc distance of 168.72 feet to the aforesaid South line of Broadway Street projected West; thence N. 89°22 '40" E. along said South line a distance of 27.40 feet to its intersection with a curve concave to the Northwest and having a central angle of 28°36 ' 51" and a radius of 295 .30 feet; thence Southwesterly along said last described curve an arc distance of 147.48 feet to its intersection with a line having a bearing of N. 67°22 '40" E. ; thence N. 67°22 '40" E. along said line a distance of 183 . 62 feet to the point of curvature of a curve concave to the Northwest and having a central angle of 10°09 ' 21" and having a radius of 347.70 feet; thence Northeasterly along said last described curve an arc distance of 61. 63 feet to the aforesaid South line of Broadway Street projected West; thence N. 89°22 ' 40" E. along said South line a distance of 67 . 07 feet; thence S. 67°22 '40" W. a distance of 294 . 02 feet to the point of curvature of a curve concave to the Northwest and having a central angle of 27°17 ' 57" and a radius of 658 . 57 feet; thence Southwesterly along said last described curve an arc distance of 313 . 92 feet to the point of tangency of said curve; thence S. 89°40 ' 37" W. a distance of 53 .02 feet to the point of beginning. All of the foregoing being situated in the City of South Bend, County of St. Joseph, State of Indiana. be designated as an Economic Revitalization Area under the pro- visions of Indiana Code 6-1. 1-12 . 1-1, et seq. ; and WHEREAS, the Redevelopment Commission has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6-1. 1-12 . 1-1, et seq. , and has further prepared maps and plats showing the boundaries and such other information as required by law of the area in question; and WHEREAS, the Human Resources and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows : SECTION I . That the Common Council hereby accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be desig- nated an Economic Revitalization Area and hereby adopts a resolution designating this area as an Economic Revitalization Area for purposes of real property tax abatement . -4-