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

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RESOLUTION NO. 1U3L- 29 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 710 SOUTH RUSH STREET, SOUTH BEND, INDIANA TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL 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 pur- pose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 710 South Rush Street, South Bend, Indiana, and 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. as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Reso- lution and the public hearing before the Council has been pub- lished 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