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REGULAR MEETING DECEMBER 28, 1992 <br />Revitalization Areas for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 502 <br />South Fellows and 423 East South and which is more particularly described as <br />follows: <br />A PARCEL OF LAND IN THE EAST HALF OF THE SOUTHWEST QUARTER OF SECTION 12, <br />TOWNSHIP 37 NORTH, RANGE 2 EAST, PORTAGE TOWNSHIP, IN THE CITY OF SOUTH BEND, <br />ST. JOSEPH COUNTY, INDIANA, BEING LOTS 2, 3, AND 4 OF JODSON'S SUBDIVISION AS <br />RECORDED IN BOOK 3, PAGE 12 AT THE ST. JOSEPH COUNTY RECORDER'S OFFICE IN SOUTH <br />BEND, INDIANA. <br />A PARCEL OF LAND IN THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 12, <br />TOWNSHIP 37 NORTH RANGE 2 EAST, PORTAGE TOWNSHIP, IN THE CITY OF SOUTH BEND, ST. <br />JOSEPH COUNTY, INDIANA, BEING LOTS 2, 3, 4, 5, 6, 7, 15, 16 AND 17, OF JOHN <br />_ RUSH'S 1ST ADDITION AS RECORDED IN BOOK 2, PAGE 53 AT THE ST. JOSEPH COUNTY <br />RECORDER'S OFFICE IN SOUTH BEND, INDIANA. <br />with said real estate having the following Key No. 18 3030 AND 18 -3027, as an <br />Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code <br />6- 1.1- 12- .1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br />Now, therefore, be it resolved by the Common Council of the City of South Bend, <br />Indiana, as follows. <br />Section I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the <br />purposes of tax abatement. Such designation is for Real Property tax abatement only <br />and is limited to two (2) calendar years from the date of adoption of the <br />Declaratory Resolution by the Common Council. <br />Section II. The Common Council hereby determines that the property owner is <br />qualified for and is granted real property tax deduction for a period of ten (10) <br />years, and further determines that the petition complies with Chapter 2, Article 6, <br />of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et seq. <br />Section III. This Resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />/s/ Stephen Luecke <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. Thomas McCalley, general <br />partner, made the presentation. He indicated that 100% of the units will be leased <br />to those families whose income is under 60% of the area median income. He indicated <br />this would be a 57 unit apartment complex. Council Member Coleman made a motion to <br />adopt this resolution, seconded by Council Member Washington. The resolution was <br />adopted by a roll call vote of eight ayes. <br />RESOLUTION NO. 2001 -92 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND <br />DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 1142 S. MAIN STREET AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR POLICEMEN'S CREDIT UNION. <br />Whereas, a petition for real property tax abatement has been filed with the <br />City Clerk for consideration by the Common Council of the City of South Bend, <br />Indiana, requesting that the area commonly known as 1142 S. Main, South Bend, <br />Indiana, and which is more particularly described as follows: <br />That part of the Northwest Quarter of Section 13, Township 37 North, Range 2 <br />East, Portage Township, City of South Bend, St. Joseph County, Indiana, which is <br />described as: Lots H, I, IK. L and M of the recorded Plat of Stull's Third <br />Addition to the City of South Bend as shown in Plat Book 46, on Page #109 in the <br />records of the St. Joseph County, Indiana Recorder's Office and being more <br />particularly described as: Beginning at the southwest Corner of Lot M of the <br />recorded Plat of Stull's Third Addition to the City of South Bend as shown in <br />Plat Book 46, Page #109 in the records of the St. Joseph County, Indiana <br />Recorder's Office said point also being the intersection of the east <br />right -of -way line of Main Street and the north right -of -way line of Stull <br />Street; thence N. OOo23' 38" W. along said east line, 198.25 feet (Record, <br />198.0 feet) to the northwest corner of Lot H in said Subdvision; thence N. 890 <br />21' 44" E. along the north line of said Lot, 165.85 feet. (Record, 165.75 feet) <br />to the west right -of -way line of a 14 ft. public alley and the northeast corner <br />