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REGULAR MEETING MARCH 12,1998 <br />SECTION II. The Common Council <br />property owner is qualified for <br />deduction for a period of three <br />that the petition complies with <br />Municipal Code of the City of S, <br />12.1 et sea. <br />hereby determines that the <br />and is granted Real property tax <br />(3) years, and further determines <br />Chapter 2, Article 6, of the <br />Duth Bend and Indiana Code 6 -1.1- <br />SECTION III. This Resolution shall be in full force and effect <br />from and after its adoption by the Common Council and approval by <br />the Mayor. <br />/s /Sean Coleman <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. Dan <br />Kovas, petitioner, made the presentation for the resolution. He <br />reported they were consolidating increasing their facility in <br />order that all their operations, which include sales, <br />distribution, installation, servicing, prepartion, altration, <br />fabrication and repairs of overhead doors, would be in one <br />facility. Council Member Hosinski made a motion to adopt this <br />resolution, seconded by Council Member Aranowski. The resolution <br />was adopted by a roll call vote of eight ayes. <br />RESOLUTION NO. 2571-97 A RESOLUTION CONFIRMING THE ADOPTION OF <br />A DECLARATORY RESOLUTION DESIGNATING <br />CERTAIN AREAS WITHIN THE CITY OF SOUTH <br />BEND, INDIANA, COMMONLY KNOWN AS 1400 <br />RIVERSIDE DRIVE BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A <br />FIVE YEAR PERSONAL PROPERTY TAX <br />ABATEMENT FOR EXPANDED METAL COMPANY OF <br />INDIANA LLC <br />Whereas, the Common Council of the City of South Bend, Indiana, <br />has adopted a Declaratory Resolution designating certain areas <br />within the City as Economic Revitalization Areas for the purpose <br />of tax abatement consideration; and <br />Whereas, a Declaratory Resolution designated the area commonly <br />known as 1400 Riverside Drive, and which is more particularly <br />described as follows: <br />Beginning at the southeast corner of the southwest 1/4 of said <br />Section 35; thence South 890 55' 00" west, 116.24 feet; thence <br />north 00o 00' 27" west, 12.00 feet to the north line of a 12 foot <br />alley; thence north 890 55' 00" east of the east line of Kessler <br />Boulevard; thence north 000 00' 27" west parallel with said east <br />line of Kessler Boulevard, 128.00 feet to a point on the south <br />line of King Street, 180.00 feet south 890 55' 18" east of the <br />northeast corner of Lot 10 as shown on the Second Plat of <br />Northwest addition to the City of South Bend recorded April 6, <br />1906 in Plat Book 9, pages 30 and 31; thence south 890 55' 18" <br />east along the south line of King Street, 352.84 feet; thence <br />north 000 00' 27" west, 194.85 feet to a point on the centerline <br />of the east and west 14 foot alley between King Street and <br />McCarney Street produced east; thence North 000 06' 09" east, <br />128.81 feet to the east line of the southwest 1/4 of said Section <br />35; thence south 000 00' 30" east along said east line, 27.84 <br />feet; thence North 890 46' 49" east 287.05 feet to the westerly <br />line of Riverside Drive; thence south 160 37' 15" west along a <br />chord subtending said westerly line of Riverside Drive 455.43 <br />feet to the south line of said section 35; thence north 900 00' <br />00" West along said south line, 156.71 feet to the point of <br />beginning. <br />Commencing at the southeast corner of the southwest 1/4 of <br />said Section 35; thence North 000 00' 30" west (bearing <br />assumed) along the east line of said Southwest 1/4 a <br />distance of 463.14 feet to the Point of Beginning for the <br />following described tract; thence continuing north 000 00' <br />1 <br />1 <br />1 <br />