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REGULAR MEETING JULY 13, 1987
<br />This bill had second reading. Council Member Beck made a motion to pass this bill,
<br />seconded by Council Member Zakrzewski. The bill passed by a roll call vote of nine
<br />ayes.
<br />RESOLUTIONS
<br />RESOLUTION NO. 1522 -87 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH
<br />BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY
<br />KNOWN AS MONROE PARK DISPOSITION PARCEL NO. M2 -8, AN
<br />ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL
<br />PROPERTY TAX ABATEMENT.
<br />WHEREAS, a petition for real property tax abatement consideration has been filed
<br />with the Common Council of the City of South Bend, requesting that the area commonly
<br />known as Monroe Park Disposition Parcel No. M2 -8, South Bend, Indiana, and which is
<br />more particularly described by a line drawn as follows:
<br />A parcel of land being Lots 5, 6, 7 and 8, and the East half of a vacated
<br />11- foot -wide alley lying West of and adjacent to said Lots 6, 7, 8, all in Moses
<br />Stern's Subdivision of parts of Lots 19 and 20, Denniston and Fellows Addition,
<br />South Bend, Indiana, and being more particularly described as follows, viz:
<br />Beginning at a point on the West right -of -way line of Fellows Street (60 feet
<br />wide), said point being South 00- 02120" East a measured distance of 147.65
<br />feet from the intersection of said West line with the South Right -of -way line of
<br />Monroe Street (82.5 feet wide), said point being the Northeast corner of Lot 5
<br />in said Moses Stern's Subdivision; thence South 00- 01120" East, along the West
<br />line of said Fellows Street, being also the East line of Lots 5, 6, 7 and 8 in
<br />said subdivision, a measured distance of 117.52 feet to the Southeast corner of
<br />said Lot 8; thence North 890- 55' -40" West, along the South line of said Lot 8
<br />and said South line projected, a measured distance of 137.28 feet to the
<br />centerline of an 11- foot -wide alley; thence North 00- 02' -49" East, along said
<br />centerline and 5.50 feet West of the West line of said Lots 8, 7, and 6, a
<br />measured distance of 85.37 feet to the North line of said Lot 6, projected West;
<br />thence South 890- 55' -56" East, along said projected line, a distance of 5.50
<br />feet to the Northwest corner of said Lot 6; thence North 00- 02' -49" East,
<br />along a West line of said Lot 5, a measured distance of 10.04 feet to a
<br />Northwesterly corner of said Lot 5; thence South 890- 57' -42" East, along a
<br />North line of said Lot 5, thence South 890- 57' -42" East along a North line of
<br />said Lot 5, a measured distance of 19.35 feet; thence North 00- 02' -16" West,
<br />along a West line of said Lot 5, a measured distance of 22.10 feet to a
<br />Northwesterly corner of said Lot 5; thence South 890- 55' -38" East, along the
<br />most Northerly line of said Lot 5, a measured distance 112.29 feet to the point
<br />of beginning.
<br />be designated as an Economic Revitalization Area under the provisions of Indiana
<br />Code 6 -1.1- 12.1 -1, et seq.; and
<br />WHEREAS, the Redevelopment Commission has concluded an investigation and
<br />prepared a report with information sufficient for the Common Council to determine
<br />that the area qualifies as an Economic Revitalization Area under Indiana Code
<br />6 -1.1- 12.1 -1, et seq., and has further prepared maps and plats showing the
<br />boundaries and such other information as required by law of the area in questions;
<br />and
<br />WHEREAS, the Human Resources and Economic Development Committee of the Common
<br />Council has reviewed said report and recommended to the Common Council that the area
<br />qualifies as an Economic Revitalization Area.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana, as follows:
<br />SECTION I. That the Common Council hereby accepts the report and recommendation
<br />of the Human Resources and Economic Development Committee that the area herein
<br />described be designated an Economic Revitalization Area and hereby adopts a
<br />resolution designating this area as an Economic Revitalization Area for purposes of
<br />real property tax abatement.
<br />SECTION II. That this designation shall be limited to six (6) calendar years
<br />from the date of the adoption of this resolution by the Common Council.
<br />SECTION III. That the Common Council directs the City Clerk to cause notice of
<br />-- the adoption of this resolution to be published, said publication providing notice
<br />of the public hearing before the Common Council on said declaration.
<br />SECTION IV. This resolution shall be in full force and effect from and after
<br />its adoption by the Common Council and approval by the Mayor.
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