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conveyed of F.C. Raff, recorded in Deed Record 172 page 641; thence South 89 57' 10" <br />East along the South line above described tract produced East, 295 feet; thence South 0 <br />00'49" East parallel with the West line of Walnut Street, 31 feet; thence North 89 57' 16" <br />East, 905 feet to the place of beginning, containing 15.565 acres, more or less. <br />and which have Key Numbers 18-8021-0845.03 and 18-8021-0845.04 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 />Purposes of tax abatement. Such designation is for Personal property tax abatement only <br />and is limited to two (2) calendar years from the date of adoption of the Declaratory <br />Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is <br />qualified for and is granted Personal property tax deduction for a period of five (5) years, <br />and further determines that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend, and Indiana Code 6-1.1-12 et seq. <br />SECTION III. This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approved by the Mayor. <br />~~ <br />Me the Commo ncil <br />~~ ~o~ <br />,.,..~~h~TED <br />NOT APPROVEkI <br />~pOPTED ~ ~ ~ 2~ J ~ 7 <br />Filed Ire Clerk's C~~fice <br />JU L 1 6 2007 <br />JO}IN VOOFaDE <br />CITY CLEtSK, S0. BEND, tN, <br />