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RESOLUTION NO. .3 ~~I - ~ ~ <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN <br />THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />2500 Green Tech Drive <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br />(5) FIVE-YEAR PERSONAL PROPERTY TAX ABATEMENT FOR <br />Green Tech Transfer & Recycling LLC <br />WHEREAS, a petition for personal property tax abatement consideration has been filed <br />with the City Clerk for consideration by the Common Council of the City of South Bend, <br />Indiana, requesting that the area commonly known as 2500 Green Tech Drive, South Bend, <br />Indiana, and which is more particularly described as follows: <br />That part of the Northeast Quarter of Section 23, Township 37 North, Range <br />2 East, Portage Township, City of South Bend, St Joseph County, Indiana, <br />which is described as Beginning at a point on the East line of said quarter <br />section which is N. 00 degrees-32"-42"E., 633.94 feet from the Southeast <br />corner of said Northeast Quarter, thence North 89 degrees-32'-08"W. a <br />distance of 513.91 feet; thence N. 00 degrees-37'-40" E. a distance of 92.64 <br />feet; thence N. 89 degrees-32'-08 W. a distance of 280.00 feet; thence N. 00 <br />degrees- 37'-40" E. a distance of 467.98 feet; thence S. 89 degrees-26'-14" E. <br />a distance of 197.94 feet, thence N. O1 degrees-49'-53" E. a distance of 32.63 <br />feet; thence S. 89 degrees-15'-43" E. a distance of 46.11 feet; thence S. 89 <br />degrees- 26'-14" E. a distance of 548.32 feet to the East line of said Northeast <br />Quarter, thence S. 00 degrees-32'-42" W. along said East line a distance of <br />591.88 feet to the point of beginning containing 10.05 acres. <br />and which has no Tax Key Number presently, be designated as an Economic Revitalization Area <br />under the provisions of Indiana Code 6-1.1-12.1 et sec ., and South Bend Municipal Code <br />Sections 2-76 et sey., and; <br />WHEREAS, the Department of Community and Economic Development has concluded <br />an investigation and prepared a report with information sufficient for the Common Council to <br />determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6-1.1- <br />12.1, et sec ., and South Bend Municipal Code Sections 2-76, et sey., and has further prepared <br />maps and plats showing the boundaries and such other information regarding the area in question <br />as required by law; and <br />