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

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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 . 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- ing the boundaries and such other information as required by law of the area in question; and WHEREAS, the Human Resources and Economic Development Com- mittee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. 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 accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be desig- nated an Economic Revitalization Area and hereby adopts a reso- lution designating this area as an Economic Revitalization Area for purposes of real property tax abatement. SECTION II. That this designation shall be limited to five (5) calendar years from the date of the adoption of this Reso- lution by the Common Council. SECTION III. That the Common Council directs the City Clerk to cause notice of the adoption of this resolution to be published, said publication providing notice of the public hearing before the Common Council on said delcaration. SECTION IV. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor . Member of�\J`Oil Council FILED IN CL 'S OFFICE PRESENTED '� 1983 ems—tf-i3 JUN NOT APPROVED MUM BEND,-2- Irene Gammon -2_ CI1V CLERK, D,IND.