Confirming Tax Abatement - 1147 Priarie Ave. (5 Year Personal Property)

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RESOLUTION NO. 1, 0-Ry' AN AMENDED RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND , COMMONLY KNOWN AS 1147 PRAIRIE AVENUE TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONALRROPERTY 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 pur- pose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 1147 Prairie Avenue and more particularly described by a line drawn as follows : PARCEL I A parcel of land being a part of the North Half of Section 14 , Township 37 North, Range 2 East, in Port- age Township, City of South Bend, St. Joseph County, Indiana, and being more particularly described as fol- lows, viz: Beginning at the intersection of the South line of Garst Street with the westerly line of Prairie Avenue in said City; said intersection being the most north- easterly corner of a parcel of land Quit-claimed to Metal Resources Corporation by Penn Central Corpora- tion in document numbered 8103153 in the Office of the Recorder of St. Joseph County, Indiana; thence North 89°-46 ' -31" West, along the South line of Garst Street and said South line projected, said line being a northerly line of said Quit-claimed parcel, a distance of 582 .58 feet to the East line of the Northwest Quar- ter of said Section 14 ; thence North 89°-58 ' -10" West, along a northerly line of said Quit-claimed parcel a distance of 504 .59 feet to the most northeasterly cor- ner of a parcel of land deeded to Metal Resources Cor- poration by Albert Davidson in document numbered 8101507 in said Recorder 's Office; thence continuing North 89°-58 '-10" West, along the northerly line of said Davidson parcel a distance of 201.61 feet; thence South 67°-39 ' -57" West, along the northwesterly line of said Davidson parcel, a distance of 330 .91 feet; thence South 0°-07 ' -28" West, along the westerly line of said Davidson parcel, a distance of 1108 .76 feet to a northerly corner of a parcel of land deeded to Shirley R. Steinmetz, et al, in document numbered 7903987 in said Recorder ' s Office, said corner being the point of tangency of a curve concave north- westerly, said curve having a radius of 272.37 feet and being subtended by a chord of 316 . 13 feet which bears South 35°-35' -57" West, said curve being the most westerly boundary of said Steinmetz parcel; thence southwesterly, along said curve along an arc of 337 .27 feet; thence for the next six courses along the southerly and easterly lines of said Steinmetz parcel, North 76°-46 '-03" East, along a non-tangent line, a distance of 175 .60 feet to a point of curve; thence along a curve to the right, an arc distance of 170.42 feet, said curve having a radius of 523.66 feet and being subtended by a chord of 169 .67 feet which bears North 86°-05' -27" East; thence South 84°-35 '-l0" East, a distance of 56 .24 feet to the West line of a tract conveyed to South Bend Tribune Corp. by Warranty Deed recorded in Deed Record 823 , p. 386 in said Recorder 's