Confirming Tax Abatement - James P. Conboy, Jr. & David L. Matthews U.S. 31 and Brick Rd. (5 Year Personal Property)

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RESOLUTION NO. pies - gif A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS U.S. 31 AND BRICK RD. , SOUTH BEND, INDIANA TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF TAX ABATEMENT. WHEREAS, the Common Council of the City of South Bend has adopted a Declaratory Reolution designatiny certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as U.S. 31 and Brick Rd. , South Bend, Indiana, and more particularly described by a line drawn as follows: A part of the Southeast 1/4 of the Northwest 1/4 of Section 19, Township 38 North, Range 2 East of the 2nd Principal Meridian, German Township, City of South Bend, St. Joseph County, Indiana more particularly described as follows: Beginning at the intersection of the East line of the Northwest 1/4 of said Section 19 with the North right-of-way line of the Indiana East-West Toll Road a centerline survey of which is recorded in Plat Book 19A, Pages 1-22 inclusive, in the office of the St. Joseph County Recorder: Thence North OOo 54 ' 38" West along said East line of the Northwest 1/4 of said Section, 450.00 feet: thence South 890 43 ' 00" West parallel with the North right-of-way line of the Indiana East-West Toll Road, 500. 00 feet; thence South OOo 54 ' 38" East parallel with the East line of the Northwest 1/4 of said Section, 450.00 to the North right-or-way line of the Indiana East-West Toll Road; thence North 890 43 ' 00" East along said North right-of-way line 500. 00 feet to the point of beginning and containing 5. 1649 acres, more or less. 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. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the city of South Bend, Indiana, as follows: