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<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. That the Common Council hereby determines that the property owner
<br />is qualified for and is granted real property tax deduction for a period of ten (10)
<br />years.
<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 /Joseph T. Serge
<br />Member of the Common Council
<br />RESOLUTION NO. 1578 -87. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
<br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND COMMONLY KNOWN AS 3602 W. SAMPLE STREET, TO
<br />BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF
<br />PERSONAL PROPERTY TAX ABATEMENT.
<br />WHEREAS, the Common Council of the City of South Bend has adopted a Declaratory
<br />Resolution designating certain areas within the City as Economic Revitalization
<br />Areas for the purpose of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as 3602 W.
<br />Sample, and which is more particularly described as follows:
<br />PARCEL 1 A Part of the Northeast Quarter, Section 16, Township 37 North, Range
<br />2 East, 2nd P.M., in the City of South Bend, Saint Joseph County, Indiana and
<br />also being a part of the land of the Torrington Company, a Delaware Corporation
<br />(Book 768, page 163 and Book 709, pages 559 and 560, Office of the Recorder)
<br />containing 5.118 acres and more particularly described as follows:
<br />Beginning at a point which is 40.0 feet South of the Northwest corner of the
<br />East Half of the Northeast Quarter of said section, said point being also on the
<br />South Right -of -Way line of Sample Street; thence S 00 03'W (the bearing of said
<br />South Right -of -Way line is assumed due East -West) a distance of 395.6 feet
<br />thence N 90 00'W a distance of 9.00 feet; thence S 0 03'W a distance of 465.0
<br />feet; thence N 90 00'W a distance of 39.87 feet to the Easterly Right -of -Way of
<br />the New Jersey, Indiana and Illinois Railroad Company; thence N 21 441W a
<br />distance of 47.18 feet; thence Northwesterly, along the arc of a curve to the
<br />left, having a radius of 487.15 feet; a central angle of 45 251 16" and a chord
<br />of 376.15 feet, a distance of 386.19 feet; thence N 00 031E a distance of 548.22
<br />feet to the South Right -of -Way line of Sample Street; thence S 90 00'E on said
<br />Right -of -Way line a distance of 330.00 feet to the point of beginning.
<br />and
<br />PARCEL 2 A part of the Northeast Quarter, Section 16, Township 37 North, Range
<br />2 East, 2nd P.M., in the City of South Bend, Saint Joseph County, Indiana and
<br />also being a part of the land of the Torrington Company, a Delaware Corporation
<br />(Book 709, pages 559, 560, and 561, Office of the Recorder) containing 3.067
<br />acres; and more particularly described as follows:
<br />Beginning at a point 900.6 feet South of the North line of Section 16, and
<br />1390.55 feet East of the East line of Sheridan Avenue, which point is on the
<br />North line of proposed Industrial Avenue and on the Westerly line of an 18 foot
<br />railroad spur Right -of -Way for track 2; thence S 21 291E a distance of 123.45
<br />feet along said Right -of -Way to a point of tangency of a curve to the left, and
<br />which Right -of -Way line is at all points 9.0 feet Westerly, at right angles from
<br />the center line of spur tract Number 2 of said Railroad, said curve is more
<br />particularly defined by the following 4 courses running along said right of way
<br />Southeasterly from the point of tangency and measured along chords to said
<br />curve, viz: S 19 41'for a distance of 60.0 feet; thence S 22 54'E a distance of
<br />100.0 feet; thence S 37 141E a distance of 100.0 feet; thence S 53 52'E a
<br />distance of 100.0 feet to the North Right -of Way line of spur tract Number 1 of
<br />said railroad company, thence N 89 511W a distance of 364.44 feet along said
<br />Northern Right -of -Way line of spur tract Number 1; thence N 00 03'E a distance
<br />of 364.38 feet; thence N 89 57'W a distance of 128.91 feet; thence N 00 021W a
<br />distance of 318.24 feet; thence S 89 131W a distance of 13.76 feet; thence N 00
<br />03'E a distance of 11.76 feet to the Westerly Right -of -Way
<br />of the New Jersey, Indiana and Illinois Railroad Company Right -of -Way of spur
<br />tract Number 2; thence along said Right -of -Way Southeasterly 371.89 feet along
<br />an arc to the right having a radius of 469.15 feet and subtended by a long chord
<br />have a bearing of S 44 26'30 "E and a length of 362.22 feet to the point of
<br />tangency of said curve; thence S 21 441E a distance of 40.0 feet to the point of
<br />beginning.
<br />PARCEL 3 EASEMENT An easement for vehicular and pedestrian crossing over, upon
<br />and across, and for parking upon the following described real estate: A part of
<br />the Northeast Quarter, Section 16, Township 37 North, Range 2 East, 2nd P.M., in
<br />the City of South Bend, Saint Joseph County, Indian containing 0.175 acres, more
<br />or less and more particularly described as follows:
<br />
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