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RESOLUTION NO. 3~ c~S' ©~ <br />A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS <br />WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br />KNOWN AS <br />445 North Sheridan Street <br />TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF <br />AFIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR <br />Treadstone, LLC <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has <br />adopted a Declaratory Resolution designating certain areas within the City as Economic <br />Revitalization Areas for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as <br />445 North Sheridan Street, South Bend, Indiana, and which is more particularly described <br />as follows: <br />371.5 Ft on Linden Ave, Beginning 277 Ft West and 60 Ft North <br />Southeast Corner of Southwest Section 4-37-2E <br />and which has Tax Key Number 18-2193-725701 presently, as an Economic <br />Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; <br />and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the <br />