Designating Tax Abatement - 330 E. Jefferson Blvd. (10 Year Real Property)

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RESOLUTION NO. Wn- ry A RESOLUTION. OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 330 EAST JEFFERSON BOULEVARD, SOUTH BEND, INDIANA AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT. WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 330 East Jefferson Boulevard, South Bend, Indiana , and which is more particularly described as follows : The following described real estate located in St . Joseph County, Indiana: A part of Block 6 of the Plat of River Bend Addition, City of South Bend, St. Joseph County, Indiana , described as follows : Beginning at the intersection of the Northeastern boundary of Columbia Street and the Eastern boundary of Western Avenue; thence along said Eastern boundary Northeasterly 114. 31 feet along an arc to the left and having a radius of 424. 47 feet and subtended by a long chord having a bearing of North 7°20' 14" East and a length of 113.97 feet; thence North 0° 22 '16" West 284 .57 feet along said Eastern boundary; thence North 5°26 '02" East 117.19 feet along said Eastern boundary to the Southern boundary of Jefferson Boulevard; thence continuing along said Southern boundary Northeasterly 275.51 feet along an arc to the right and having a radius of 275.81 feet and subtended by a long chord having a bearing of North 53°14 ' 53" East and a length of 264. 20 feet; thence the next five courses along the Western boundary of Block 9 of said Plat: South 19°47 '16" East 156.66 feet ; thence South 25° 55' 32" East 90 .64 feet; thence South 53°10' 13" East 102. 76 feet; thence South 26°46' 29" East 232 .03 feet; thence South 25°39 '11" East 22. 00 feet; thence South 70°00' 00" West 217.00 feet; thence South 20°00' 00" East 120 .00 feet; thence South 46°38 '09" West 155.47 feet to the Eastern boundary of Columbia Street; thence along said Eastern boundary Northwesterly 192.33 feet along an arc to the left having a radius of 421 .97 feet and subtended by a long chord having a bearing of North 56°27 '21" West and a length of 191 .16 feet ; thence North 69° 32' 51" West 95.25 feet along said boundary to the Point of Beginning . 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-