Designating Tax Abatement - 710 S. Rush St. (5 Year Personal Property)

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RESOLUTION NO. 140j-eV A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 710 SOUTH RUSH STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT. WHEREAS, a petition for personal property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 710 South Rush Street, South Bend, Indiana, and which is more particularly described as follows: A parcel of property in St. Joseph County (sometimes known as Monroe-Sample Disposi- tion Parcel No. 4) more particularly de- scribed as follows: Lots Numbered Seventy-five (75) , Seventy-six (76) , Seventy-seven (77) , Seventy-eight (78) , Seventy-nine (79) , Eighty (80) , Eighty-one (81) , Eighty-two (82) , Eighty-three (83) , Eighty-four (84) , Eighty-five (85) , Eighty-six (86) , Eighty- seven (87) , Eighty-eight (88) , Eighty-nine (89) , Ninety (90) in Rush' s Fourth Addition to the City of South Bend, as found in Plat Book 4 , page 54; ALSO Lots Numbered One Hun- dred Forty-seven (147) , One Hundred Forty- eight (148) , One Hundred Thirty-nine (139) and One Hundred Forty (140) in Edward H. Rush's First Addition to the City of South Bend as found in Plat Book 7 , page 8 in the Office of the Recorder of St. Joseph County, Indiana. DESCRIBED MORE SPECIFICALLY AS FOL- LOWS: The commencing point being at the Northwest corner of Lot 75 in said Rush ' s 4th Addition; thence South 0°04 ' East 419 .9 feet to the Southwest corner of Lot 148 in said Edward H. Rush' s First Addition; thence South 89°49 ' East 254. 1 feet to the South- east corner of Lot 140 in said Edward H. Rush 's First Addition; thence 0°03 ' West 419. 9 feet to the Northeast corner of Lot 83 in said Rush ' s 4th Addition; thence North 89°49 ' West 254. 2 feet to the point of com- mencing . EXCEPT all North-South and East- West alleys between said lots. be designated as an Economic Revitalization Area under the provisions 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.