Confirming Tax Abatement - Steel Warehouse Co. Inc. 2722 w. Tucker Dr. (5 Year Personal Property)

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RESOLUTION NO . I I G q- g`f A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 2722 WEST TUCKER DRIVE TO BE AN ECONOMIC REVITALIZATION AREA FOR PUR- POSES OF 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 Abate- ment consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 2722 West Tucker Drive and more particularly described by a line drawn as follows : A part of the South 1/2 of the Northwest 1/4 of Section 15, Township 37 North, Range 2 East in the City of South Bend, Indiana, described as follows :. Beginning at a point on the East line of the South- west 1/4 of the Northwest 1/4 of said Section 15, 580. 64 feet South of the Northeast corner of said Southwest 1/4 of the Northwest 1/4, said point being 172 . 0 feet North of the North right of way line of the Indiana Northern Railway Company; thence Westerly parallel with said North right of way line 565 feet to the Southwest corner of a tract of land conveyed to Stanley Enterprises , Inc. by a deed re- corded October 16, 1973 in Deed Record 777, Page 226; thence North along the West line of said Stanley Enterprises , Inc . tract, said line being parallel with the East line of said Southwest 1/4 of the Northwest 1/4, 323. 0 feet to the South line of Tucker Drive; thence West along the South line of Tucker Drive 215 . 93 feet; thence South parallel with said East line of the Southwest 1/4 of the Northwest 1/4, 495 . 90 feet to the North right of way line of the Indiana Northern Railway Company; thence Easterly along said North right of way line, 860. 23 feet to the West edge of Steel Warehouse Co . Inc. ` s building; thence North along said West edge of building, 172. 0 feet; thence Westerly parallel with the North right of way line of the Indiana Northern Railway Company, 79 . 3 feet to the point of beginning, containing 5 . 0 acres, more or less . Subject to all easements of record. 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 for an economic revitalization area have been met .