REGULAR MEETING MAY 27, 2008
<br />
<br />
<br /> REDEVELOPMENT COMMISSION FOR THE
<br /> BENEFIT OF: COOREMAN REAL ESTATE
<br /> GROUP, INC.
<br />
<br />Councilmember Varner made a motion to combine these bills for purposes of Public
<br />Hearing. Councilmember Dieter seconded the motion which carried by a voice vote of
<br />eight (8) ayes.
<br />
<br />RESOLUTION NO. 3868-08 A RESOLUTION CONFIRMING THE
<br /> ADOPTION OF A DECLARATORY
<br /> RESOLUTION DESIGNATING CERTAIN
<br /> AREAS WITHIN THE CITY OF SOUTH BEND,
<br /> INDIANA, COMMONLY KNOWN AS THE
<br /> VILLAS AT LAKE BLACKTHORN – SECTION
<br /> I, A CERTAIN 51 LOTS LOCATED ON
<br /> APPROXIMATELY 56 ACRES NORTH OF
<br /> BRICK ROAD, AND WEST OF AND
<br /> ADJACENT TO THE U.S. 31 BYPASS AS
<br /> RESIDENTIALLY DISTRESSED AREAS FOR
<br /> PURPOSES OF A (5) FIVE-YEAR
<br /> RESIDENTIAL REAL PROPERTY TAX
<br /> ABATEMENT FOR COOREMAN REAL
<br /> ESTATE GROUP, INC.
<br />
<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
<br />Residentially Distressed Areas for the purpose of tax abatement consideration; and
<br />
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as A
<br />CERTAIN 51 LOTS AS LISTED IN EXHIBIT A TO THIS RESOLUTION, ALL IN
<br />
<br />THE VILLAS AT LAKE BLACKTHORN – SECTION I,South Bend, Indiana, and
<br />which is more particularly described as follows:
<br />
<br />LEGAL DESCRIPTION: THE VILLAS AT LAKE BLACKTHORN, SECTION ONE
<br />
<br />A PART OF THE NORTHWEST, SOUTHWEST, AND SOUTHEAST QUARTERS OF SECTION 18,
<br />TOWNSHIP 38 NORTH, RANGE 2 EAST, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST.
<br />JOSEPH COUNTY, INDIANA BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />
<br />COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF SECTION 18,
<br />TOWNSHIP 38 NORTH, RANGE 2 EAST, 5.8 FEET SOUTH OF A 2” IRON MONUMENT WITH A
<br />CAP LABELED “SEC. CORNER”; THENCE SOUTH 89 DEGREES 49 MINUTES 49 SECONDS WEST,
<br />A DISTANCE OF 1549.41 FEET TO THE WEST RIGHT OF WAY OF U.S. ROUTE 31 AND THE POINT
<br />OF BEGINNING; THENCE ALONG SAID WEST RIGHT OF WAY THE FOLLOWING NINE (9)
<br />COURSES: (1) SOUTH 17 DEGREES 36 MINUTES 51 SECONDS WEST, A DISTANCE OF 85.66
<br />FEET; (2) THENCE SOUTH 25 DEGREES 35 MINUTES 58 SECONDS WEST, A DISTANCE OF 409.65
<br />FEET TO THE POINT OF CURVATURE OF A NON-TANGENT CURVE, CONCAVE TO THE EAST,
<br />HAVING A RADIUS OF 5950.00 FEET, A CENTRAL ANGLE OF 8 DEGREES 59 MINUTES 58
<br />SECONDS, AND A CHORD OF 933.60 FEET BEARING SOUTH 12 DEGREES 00 MINUTES 23
<br />SECONDS WEST; (3) THENCE SOUTH ALONG SAID RIGHT OF WAY CURVE, A DISTANCE OF
<br />934.56 FEET; (4) THENCE SOUTH 16 DEGREES 02 MINUTES 40 SECONDS WEST, A DISTANCE OF
<br />211.20 FEET; (5) THENCE SOUTH 38 DEGREES 30 MINUTES 20 SECONDS WEST, A DISTANCE OF
<br />481.60 FEET; (6) THENCE NORTH 0 DEGREES 45 MINUTES 39 SECONDS EAST, A DISTANCE OF
<br />114.32 FEET TO THE NORTHEAST CORNER OF LAND DESCRIBED IN DEED RECORD BOOK 741,
<br />PAGES 475-477, AS RECORDED IN THE OFFICE OF RECORDER OF ST. JOSEPH COUNTY,
<br />INDIANA; (7) THENCE SOUTH 35 DEGREES 15 MINUTES 20 SECONDS WEST, A DISTANCE OF
<br />401.95 FEET; (8) THENCE SOUTH 2 DEGREES 36 MINUTES 09 SECONDS WEST, A DISTANCE OF
<br />256.87 FEET; (9) THENCE SOUTH 85 DEGREES 31 MINUTES 45 SECONDS WEST, A DISTANCE OF
<br />199.30 FEET TO THE SOUTHEAST CORNER OF LAND DESCRIBED IN INSTRUMENT NUMBER
<br />8717366, AS RECORDED IN THE OFFICE OF SAID RECORDER; THENCE ALONG THE EAST LINE
<br />OF SAID LAND, NORTH 0 DEGREES 15 MINUTES 44 SECONDS EAST, A DISTANCE OF 181.22
<br />FEET; THENCE ALONG THE NORTH LINE OF SAID LAND, NORTH 89 DEGREES 48 MINUTES 51
<br />SECONDS WEST, A DISTANCE OF 323.58 FEET; THENCE NORTH 0 DEGREES 03 MINUTES 20
<br />SECONDS WEST, A DISTANCE OF 500.00 FEET; THENCE NORTH 89 DEGREES 48 MINUTES 51
<br />SECONDS WEST, A DISTANCE OF 2.00 FEET; THENCE NORTH 0 DEGREES 03 MINUTES 20
<br />SECONDS WEST, A DISTANCE OF 100.00 FEET; THENCE SOUTH 89 DEGREES 48 MINUTES 51
<br />SECONDS EAST, A DISTANCE OF 2.00 FEET; THENCE NORTH 0 DEGREES 03 MINUTES 20
<br />SECONDS WEST, A DISTANCE OF 500.00 FEET; THENCE NORTH 89 DEGREES 48 MINUTES 51
<br />SECONDS WEST, A DISTANCE OF 2.00 FEET; THENCE NORTH 0 DEGREES 03 MINUTES 20
<br />SECONDS WEST, A DISTANCE OF 100.00 FEET; THENCE SOUTH 89 DEGREES 48 MINUTES 51
<br />SECONDS EAST, A DISTANCE OF 2.00 FEET; THENCE NORTH 0 DEGREES 03 MINUTES 20
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