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REGULAR MEETING JULY 8, 1996 <br />SECTION IV. The Common Council hereby confirms its Declaratory <br />Resolution designating the areas described herein as <br />Residentially Distressed Areas for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is <br />limited to five (5) calendar years from the date of adoption of <br />the Declaratory Resolution by the Common Council. <br />SECTION V. The Common Council hereby determines that the <br />property owner is qualified for and is granted Real property tax <br />deduction for a period of five (5) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend and Indiana Code 6 -1.1- <br />12.1 et sea. <br />SECTION VI. 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/ Roland Kelly <br />Member of the Common Council <br />A public hearing was held on the resolutions at this time. Tom <br />Ford, president of Value Plus, asked the Council to adopt these <br />resolutions, which will represent ten new homes in a <br />residentially distressed area. Council Member Coleman made a <br />motion to adopt Resolution No. 2381 -96, seconded by Council <br />Member Washington. The resolution was adopted by a roll call <br />vote of nine ayes. Council Member Zakrzewski made a motion to <br />adopt Resolution No. 2382 -96, seconded by Council Member Coleman. <br />The resolution was adopted by a roll call vote of nine ayes. <br />RESOLUTION NO. 2383 -93 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 211 -213 <br />S. MICHIGAN TO BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A <br />TEN (10) YEAR REAL PROPERTY TAX <br />ABATEMENT FOR ROBERTSON'S BUILDING <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 211 -213 S. Michigan, South Bend IN, and which is <br />particularly described as follows: <br />A part of Lots Numbered Two Hundred Eighty -four (284), Two <br />Hundred - Eighty -five (285), Two Hundred Eighty -six (286) and <br />Two Hundred Eighty -seven (287) as shown on the Original Plat <br />of the Town, now City, of South Bend, which part is bounded <br />by a line running as follows: <br />Beginning on the West line of Michigan Street, in said <br />City, at a point 87 feet, 5 7/8 inches South of the <br />Northeast corner of Lot Numbered 283 as shown on the <br />said Original. Plat; thence running South on said West <br />line of Michigan Street, a distance of 192.2 feet to a <br />point 5 3/8 inches South of the Northeast corner of Lot <br />Numbered 287 in said Plat; thence West 165 feet more or <br />less to the West line of said Lot 287; thence North <br />along said West line 73 feet 5 3/8 inches to the <br />centerline of a vacated 14 foot alley lying between <br />Lots 285 and 286; thence East 44.72 feet; thence North <br />117.55 feet; thence East 121 feet to the point of <br />beginning. <br />with said real estate having the following Key Numbers 18 -2007- <br />J <br />1 <br />