07-13-98 Council Meeting Minutes

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REGULAR MEETING JULY 13, 1998 therefrom 25 feet taken off of and from the entire West side of said Lot Numbered 145. PARCEL III: The North half of Lot Numbered One Hundred Forty -six (146) as shown on the Original Plat of the Town, now City of South Bend.. PARCEL IV: The South Half of Lot Numbered (146) as shown on the Original Plat of the South Bend. PARCEL V: Lot Numbered One Hundred Forty -; the Original Plat of the town, now city of with the vacated 14 foot alley lying South 147. One Hundred Forty -six Town, now City of seven (147) as shown on South Bend, together and adjacent to Lot PARCEL VI: Lot Numbered One Hundred Forty -eight (148), One Hundred Forty -nine (149) and One Hundred fifty (150) as shown on the Original Plat of the Town, now City of South Bend, together with the vacated 14 -foot alley lying North and adjacent to Lot 148. PARCEL VII: The vacated alley lying between Lots 145 and 156, Lots 146 and 155 and Lots 147 and 154, as shown on the Original Plat of the Town, now city of South Bend. PARCEL VIII: Lots Numbered One Hundred Fifty -four (154), One Hundred Fifty -five (155) and One Hundred Fifty -six (156) as shown on the Original Plat of the Town, now City of South Bend. PARCEL IX: The South One -Half (1/2) of vacated Navarre Street lying North of and adjacent to Lots 145 and 156 as shown on the Original Plat of the Town, now City of South Bend. and which has Key Number 18 1009 036001, 18 1009 0360, 18, 1009 36101, 18 1009 036102, 18 1009 0362, 18 1009 036401, 18 1009 0355 be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et. seq. and South Bend Municipal Code Sections 2 -76 Et Seq. Whereas, the Department of Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, et seq., and South Bend Municipal Code Sections 2- 76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and Whereas, the Human Resources and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds that the Petition for Real Property Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the requirements of Indiana Code 6 -1.1- 12.1 -1 et seq., and qualifies under the relevant provisions of South Bend Municipal Code Sections 2 -76 et seq., for tax abatement. SECTION II. The Common Council hereby determines and finds the following: A. That the description of the proposed redevelopment or rehabilitation meets the applicable standards for such development.