Designating Tax Abatement - 3300 W. Sample St. (5 Year Real Property)

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RESOLUTION NO. 131%- %S. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 3300 West Sample Street 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 3300 West Sample Street and more particulary described by a line drawn as follows: Parcel I: A tract of land in the Northeast Quarter of the Northeast Quarter of Section 16, Township 37 North, Range 2 East, bounded by a line running as follows, viz: Beginning at a point 338 feet East of the Northwest corner of the Northeast Quarter of the Northeast quarter of said Section 16; thence running East along the North line of said Section 16 a distance of 657.7 feet; thence South 900. 6 feet; thence West 657. 1 feet; thence North 900. 6 feet to the place of beginning. Subject also to a right of way of the New Jersey, Indiana & Illinois Railroad Company, as conveyed to it by Warranty Deed dated February 11 , 1930, recorded in Deed Record 227, page 293 in the County Recorder ' s Office of St. Joseph County, Indiana. Parcel II : A certain tract of land in Belleville Industrial District, in Section 16, Township 37 North, Range 2 East, described as follows: Beginning at the intersection of the center line of the New Jersey, Indiana & Illnois Railroad Spur and the North line of proposed Industrial Avenue, said intersecting point being 900.6 feet South and 1329. 87 feet East of the Northwest corner of the Northeast Quarter of Section 16 , Township 37 North, Range 2 East; thence East along the North line proposed Industrial Avenue if extended East 664. 5 feet; Thence South parallel with the West line of the Northeast Quarter of said Section 16, 311.5 feet to the center line of said New Jersey, Indiana & Illinois Railroad Company' s Spur line running in a Southwesterly and Northwesterly direction; thence Southwesterly and Northwesterly along the center line of said spur line 1098 . 5 feet to the place of beginning, excepting therefrom all railroad right-of-ways within said tract; and also excepting therefrom a tract of land described as beginning at a point 9 feet East of and 900. 6 feet South of the Northwest corner of the Northeast Quarter of the Northeast Quarter of Section 16, Township and Range aforesaid; Thence running East parallel with and 900.6 feet South of the North line of said Section 16 a distance of 329 feet; thence South parallel with and 338 feet East of the West Line of the Northeast Quarter of the Northeast Quarter of said Section 16, a distance of 38 feet; thence West parallel with and 938. 6 feet South of the North line of said Section 16 a distance of 329 feet; thence North parallel with and 9 feet East of the West line of the Northeast Quarter of the Northeast Quarter of said Section 16 a distance of 38 feet to the place of beginning. as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1. 1-12. 1-2-5 ; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications