Designating Tax Abatement - 3607 S. Main St. (5 Year Personal Property)

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RESOLUTION NO. ' a (X-ccy A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 3607 SOUTH MAIN STREET, SOUTH BEND, INDIANA AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT. WHEREAS, a petition for personal property tax abate- ment consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 3607 South Main Street, South Bend, Indiana, and which is more particularly described as follows: The following described real estate located in St. Joseph County, Indiana: Lots 1 thru 5 as shown on the plat of Ida M. Walz 's Subdivision to the City of South Bend, Indiana recorded October 13 , 1938 in Plat Book 14 , page W-5 and Lots "D" and "E" as shown on the plat of John E. Walz ' s Revised Addition to the City of South Bend recorded June 28 , 1928 in Plat Book 12, page 196 together with vacated Lafayette Boulevard and vacated alleys lying between and adjacent to above said recorded lots and also a parcel of land 28 feet North and South by 211.75 feet , more or less, East and West in the Southwest 1/4 of the Southwest 1/4 of Section 24 , Township 37 North, Range 2 East, Portage Township, City of South Bend, County of St. Joseph, Indiana ly- ing South and adjacent to above said recorded plats, the above combined tract being more particularly de- scribed as follows: Beginning at the Northeast corner of Lot 1 as shown on said recorded plat of Ida M. Walz 's Subdivision, said point being the Southwest corner of Main Street and Sherwood Street; thence West along the South line of Sherwood Street 465.85 feet to a point 7 feet East of the West line of said Section 24 , being also the East line of a 7 foot alley; thence South along said East line of alley 246 .6 feet to the South line of said John E. Walz ' s Revised Addition; thence East along said South line 234.55 feet to a point 211.75 feet West of the West line of Main Street, as now estab- lished; thence South 28 feet; thence East parallel with the South line of said recorded plat of John E. Walz ' s Revised Addition 209 .82 feet to the West line of Main Street; thence Northeasterly along said West line of Main Street 282. 92 feet to the point of begin- ning. 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 show-