Designating Tax Abatement - 719 and 725 Turnock Street - Northeast Neighborhood Revitalization Organization, Inc. and Weiss Homes, Inc.

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RESOLUTION NO. 3 cl 3 `~ - 0 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 719 and 725 Turnock Street AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR Northeast Neighborhood Revitalization Organization, Inc. and Weiss Homes, Inc. WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement have been submitted to and filed with the City Clerk for consideration by the Common Council of the City.of South Bend, Indiana, requesting that the area commonly known as 719 and 725 Turnock Street, South Bend, Indiana, and which is more particularly described as follows: A part of the West half of the Southeast quarter of Section 1, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana, more particularly described as follows: Lots D and E of Turnock's subdivision of a part of Turnock and Mack's addition to the City of South Bend as recorded in Plat book 9, page 82, in the Office of Recorder of said county. Also including the North 7 feet of a 14 foot wide alley being the first east-west alley lying south of Kalorama Street between Turnock Street and the first North-South alley east of North St. Louis Boulevard. Subject to rights-of--way, easements, covenants, and restrictions of record. and this property has Tax Key Numbers 18-5034-1224 and 18-5034-1225, be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seQ., and South Bend Municipal Code Sections 2-76 et sea., and; WHEREAS, the Department of Community and Economic Development has concluded