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REGULAR MEETING AUGUST 28, 2006
<br />will created two (2) new, permanent, full time jobs representing a new annual payroll of
<br />$60,000. The project will also maintain (19) nineteen existing, permanent, full-time jobs
<br />and (1) one existing, permanent, part-time job representing an annual payroll of
<br />$830,000.
<br />A Public Hearing was held on the Resolution at this time.
<br />There being no one present wishing to speak to the Council either in favor of or in
<br />opposition to this Resolution, Councilmember Kelly made a motion to adopt this
<br />Resolution as substituted. Councilmember Dieter seconded the motion which carried and
<br />the Resolution was adopted by a roll call vote of nine (9) ayes.
<br />RESOLUTION NO. 3633-06 A RESOLUTION OF THE COMMON COUNCIL
<br /> OF THE CITY OF SOUTH BEND
<br /> DESIGNATING CERTAIN AREAS WITHIN THE
<br /> CITY OF SOUTH BEND, INDIANA,
<br /> COMMONLY KNOWN AS 1810, 1818, 1826,
<br /> 1834, 1844, 1852, 1860, AND 1868 OVERLOOK
<br /> COURT AS RESIDENTIALLY DISTRESSED
<br /> AREAS FOR PURPOSES OF A (5) FIVE YEAR
<br /> RESIDENTIAL REAL PROPERTY TAX
<br /> ABATEMENT FOR ULLERY DEVELOPMENT
<br /> LLC.
<br />WHEREAS, a Statement of Benefits and a petition for residential real property
<br />tax abatement have been submitted to and filed with the City Clerk for consideration by
<br />the Common Council of the City of South Bend, Indiana requesting that the area
<br />commonly known as 1810, 1818, 1826, 1834, 1844, 1852, 1860, and 1868 Overlook
<br />Court, South Bend, Indiana, and which is more particularly described as follows:
<br />A part of the Northeast Quarter of Section 30, Township 37 North, Range
<br />3 East, Centre Township, City of South Bend, St. Joseph County, Indiana,
<br />and being more particularly described as follows: commencing at the
<br />southeast corner of the Northeast Quarter of Section 30, thence North
<br />00°04’24” West along the east line of said Northeast Quarter, a distance
<br />of 1312.53 feet; thence South 89°51’10” West, a distance of 646.22 feet
<br />to the point of beginning for this description; thence South 89°51’10”
<br />West, a distance of 509.05 feet to a corner on a North line of Lot 68 as the
<br />same is shown and designated on the plat of Ireland Woods Subdivision
<br />Section Two, Part One as the same is shown and designated on the plat
<br />thereof recorded in the office of the Recorder of St. Joseph County,
<br />Indiana, as Instrument No. 7916183; thence North 0°04’17” West, along
<br />a boundary line of said Lot 68, a distance of 20.00 feet; thence South
<br />89°51’10” West, along a North line of said Lot 68, a distance of 35.00
<br />feet to the Southeast corner of Lot 67 in said plat of Ireland Woods;
<br />thence North 0°09’29” West, along the East line of said Lot 67 and the
<br />East line of the plat of said Ireland Woods, Section Two, Part One, a
<br />distance of 127.60 feet; thence North 89°51’10” East, a distance of
<br />373.96 feet; thence North 65°25’27” East, a distance of 187.14 feet;
<br />thence South 00°04’17” East, a distance of 224.99 feet to the place of
<br />beginning containing 1.98 acres more or less
<br />and this property has Tax Key Numbers 18-1040-2232.09, 18-1040-2232.10, 18-1040-
<br />2232.11, 18-1040-2232.12, 18-1040-2232.13, 18-1040-2232.14, 18-1040-2232.15, and
<br />,
<br />18-1040-2232.16be designated as a Residentially Distressed Area under the provisions
<br />of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et
<br />seq., and;
<br />WHEREAS, the Department of Community and Economic Development has
<br />concluded an investigation and prepared a report with information sufficient for the
<br />Common Council to determine that the area qualifies as a Residentially Distressed Area
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