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REGULAR MEETING APRIL 9, 2001 <br />Therefore, Councilmember Kelly made a motion to adopt this Resolution. Councilmember King <br />seconded the motion which carried by a roll call vote of nine (9) ayes. <br />RESOLUTION NO. 2983 -01 A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 209 EAST <br />COLFAX AVENUE AN ECONOMIC REVITALIZATION <br />AREA FOR PURPOSES OF A TEN (10) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR INDIANA LAND <br />TRUST 5181 <br />WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for <br />consideration by the Common Council of the City of South Bend, Indiana requesting that the area <br />commonly known as 209 East Colfax Avenue, South Bend, Indiana, and which is more particularly <br />described as follows: <br />Parcel I <br />Lot Numbered Seven (7) and the North Two - thirds of Lot Numbered Eight (8) as shown on <br />the Original Plat of the Town of Lowell, now a part of the City of South Bend. <br />Except any part thereof that is in the following described real estate: <br />That part of the Northwest Quarter of Section 12, Township 37 North, Range 2 East and that <br />part of Lots Seven (7), Eight (8), and Nine (9) in the Original Plat of the Town of Lowell, <br />now a part of the City of South Bend as recorded in the records of St. Joseph County, <br />Indiana. <br />Parcel II <br />Lot Numbered Nine (9) and the South One -third (1/3) part (being Twenty -two (22) feet in <br />width, North and South, off of the entire length of the South side) of Lot Numbered Eight <br />(8), all as shown on the Original Plat of the Town of Lowell, now a part of the City of South <br />Bend. <br />Except any part thereof that is in the following described real estate: <br />That part of the Northwest Quarter of Section 12, Township 37 North, Range 2 East and that <br />part of Lots Seven (7), Eight (8), and Nine (9) in the Original Plat of the Town of Lowell, <br />now a part of the City of South Bend as recorded in the records of St. Joseph County, <br />Indiana. <br />and which has Key Numbers 18 -5003 -0056 and 18 -5003 -0058, be designated as an Economic <br />Revitalization Area under the provisions of Indiana Code 6 -1.1 -12.1 et seg., and South Bend <br />Municipal Code Sections 2 -76 et. sea-and; <br />WHEREAS, the Department of Community and Economic Development has concluded an <br />investigation and prepared a report with information sufficient for the Common Council to determine <br />that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1 -12.1, et. seq., <br />and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and plats <br />showing the boundaries and such other information regarding the area in question as required by law; <br />and <br />WHEREAS, the Community and Economic Development Committee of the Common <br />Council has reviewed said report and recommended to the Common Council that the area qualifies <br />