Confirming Tax Abatement - 4600 Western Ave. (5 Year Real Property)

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Parcel II A part of the Southeast 1/4 of the Northeast 1/4 of Section 8, Township 37 North, Range 2 East, in the City of South Bend, Indiana described as follows: Commencing at a point on the East line of Summit Drive, 548.61 feet on an assumed bearing of North 0°13 ' West of the North line of Western Avenue , said point being the Northwest corner of a tract of land as described in a deed to International Harvester Co. recorded July 12, 1972 in Deed Record 755, page 448 in the Office of the St. Joseph County Recorder ; thence North 89°53 ' East along the North line of said Inter- national Harvester Co. tract 688 .00 feet to the point of beginning; thence continuing North 89°53 ' East, 200 .00 feet to the Northeast corner of a tract of land as described in a deed to Ford Leasing Development Company recorded February 1, 1974 in Deed Record 781, page 474 in said St. Joseph County Recorder 's Office , said Northeast corner being also on the West line of a tract of land as described in a deed to Ronald W. and Florence Whiteford recorded December 5, 1978 in docu- ment numbered 7826605 in said St. Joseph County Recorder 's Office; thence North 0°13 ' West along the West line of said Whiteford tract, 150.00 feet to the South line of Washington Street, thence South 89°53 ' West along said South line of Washington Street, 200 .00 feet; thence South 0°13 ' East, 150 .00 feet to the point of beginning . 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: SECTION I. That the Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abate- ment. Such designation if for real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor . (4L L^ 4„ ..._A-2 em er of the Con`Council FILED DI CLoS OFFICE JUL 61983 PRESENTEE N -//-11.; NOT APPROVED Irene Gammon AQOPTED 7_/A-61� CITY G ENN,SDUTH BEND,IND. -2-