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REGULAR MEETING
<br />JULY 27, 1998
<br />2922, 2926, 2923, 2919 CORPUS CHRISTI
<br />DRIVE, 2320, 2317, 2321, 2325, 2329,
<br />2401, 2405, 2404, OAKBROOK DRIVE, AND
<br />2921, 2917, 2918, 2922, 2926, 2930 BENT
<br />OAK LANE RESIDENTIALLY DISTRESSED AREAS
<br />FOR PURPOSES OF A FIVE (5) YEAR
<br />RESIDENTIAL REAL PROPERTY TAX ABATEMENT
<br />FOR WOODFIELD DOWNS, INC.
<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 Residentially Distressed Areas for the purpose
<br />of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the areas commonly
<br />known as 2918, 2922, 2926, 2923, 2919 Corpus Christy Dr., 2320,
<br />2317, 2321, 2325, 2329, 2401, 2405, 2404, Oakbrook DR., and 2921,
<br />2917, 2918, 2922, 2926, 2930 Bent Oak Lane, South Bend, Indiana,
<br />and which are more particularly described as follows:
<br />Street Address
<br />2918 Corpus Christi Drive
<br />2922 Corpus Christi Drive
<br />2926 Corpus Christi Drive
<br />or 2324 Oakbrook Drive
<br />2320 Oakbrook Drive
<br />2921 Bent Oak Lane
<br />2917 Bent Oak Lane
<br />2918 Bent Oak Lane
<br />2922 Bent Oak Lane
<br />2926 Bent Oak Lane
<br />2930 Bent Oak Lane
<br />2317 Oakbrook Drive
<br />2321 Oakbrook Drive
<br />2325 Oakbrook Drive
<br />2329 Oakbrook Drive
<br />2401 Oakbrook Drive
<br />2405 Oakbrook Drive
<br />2404 Oakbrook Drive
<br />or 2927 Corpus Christi Drive **
<br />2923 Corpus Christi Drive
<br />2919 Corpus Christi Drive
<br />Legal Description Key Number
<br />Oakwood Villas Sec Two Lot 16 *see below
<br />Oakwood Villas Sec Two Lot 17
<br />Oakwood Villas Sec Two Lot 18
<br />Oakwood Villas Sec Two Lot 19
<br />Oakwood Villas Sec Two Lot 20
<br />Oakwood Villas Sec Two Lot 21
<br />Oakwood Villas Sec Two Lot 29
<br />Oakwood Villas Sec Two Lot 30
<br />Oakwood Villas Sec Two Lot 31
<br />Oakwood Villas Sec Two Lot 32
<br />Oakwood Villas Sec Two Lot 33
<br />Oakwood Villas Sec Two Lot 34
<br />Oakwood Villas Sec Two Lot 35
<br />Oakwood Villas Sec Two Lot 36
<br />Oakwood Villas Sec Two Lot 37
<br />Oakwood Villas Sec Two Lot 38
<br />Oakwood Villas Sec Two Lot 39
<br />Oakwood Villas Sec Two Lot 40
<br />Oakwood Villas Sec Two Lot 41
<br />(* Tax key # for entire parcel 25- 1004 - 025603. Individual tax key numbers in process of being
<br />assigned.)
<br />( ** - designates corner lots which may have one or the other street address listed).
<br />as Residentially Distressed Areas; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and
<br />the public hearing before the Council has been published pursuant
<br />to Indiana Code 6 -1.1- 12,1 -2.5; and
<br />WHEREAS, the Council held a public hearing for the purposes of
<br />hearing all remonstrances and objections from interested persons;
<br />and
<br />WHEREAS, the Council has determined that the qualifications for a
<br />residentially distressed areas have been met.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City
<br />of South Bend, Indiana, as follows:
<br />SECTION I. The Common Council hereby determines and finds that
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