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REGULAR MEETING JANUARY 28, 2013 <br /> <br /> <br /> <br /> <br /> <br />A part of the northwest quarter of section 17 and the northeast quarter of section 18, <br />township 38 north, range 2 east, German Township, City of South Bend, St. Joseph County, <br />Indiana, more particularly described as follows: <br /> <br />Commencing at the northwest corner of the northwest quarter of section 17, said corner being <br />marked by a harrison type monument; thence south 00 degrees 12 minutes 46 seconds east, a <br />distance of 910.31 feet to the point of beginning; thence north 89 degrees 44 minutes 25 seconds <br />east, a distance of 385.46 feet to the west right-of-way line of Dylan Drive as recorded under <br />instrument number 0647966 in the office of recorder of said county; thence south 00 degrees 15 <br />minutes 35 seconds east along said west right-of-way line, a distance of 919.19 feet to the north <br />line of Portage Prairie minor #2 as recorded under instrument number 0814357; thence south 89 <br />degrees 44 minutes 25 seconds west along said north line, a distance of 386.22 feet to the east <br />line of the northeast quarter of said section 18; thence continuing south 89 degrees 44 minutes <br />25 seconds west along said north line of Portage Prairie minor #2, a distance of 166.28 feet; <br />thence north 00 degrees 15 minutes 35 seconds west and parallel to said west right-of-way line of <br />Dylan Drive, a distance of 919.19 feet; thence north 89 degrees 44 minutes 25 seconds east, a <br />distance of 167.04 feet to the point of beginning; said described parcel containing 11.659 acres, <br />more or less. <br /> <br />Subject to easements, right-of-way, covenants, and restrictions of record. <br /> <br /> <br />and which has Key Numbers 025-1009-014605 presently at this point in time, be designated as an <br />Economic Revitalization Area; and <br /> <br /> WHEREAS, petitioner has agreed to and has accepted responsibility to report any <br />changes in the final legal description and to report the final, appropriate Key Number to the <br />Department of Community and Economic Development and to the Office of the City Clerk; and <br /> <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and <br /> <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrance’s and objections from interested persons; and <br /> <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br /> <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the <br />area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to two (2) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council. <br /> <br />SECTION II. The Common Council hereby determines that the property owner is qualified for <br />and is granted Real property tax deduction for a period of six (_6_) years, and further determines <br />that the petition, the Memorandum of Agreement between the Petitioner and the City of South <br />Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of <br />the City of South Bend and Indiana Code 6-1.1-12 et seq. <br /> <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approved by the Mayor. <br /> <br /> s/Derek D. Dieter <br /> Member of the Common Council <br /> <br /> <br />18 <br /> <br /> <br />