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W4 <br />REGULAR MEETING JULY 11 1988 <br />SECTION VIII. 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/ John Voorde <br />Member of the Common Council <br />A public hearing was held on the resolutions at this time. Council Member Luecke <br />indicated that the Human Resources Committee had met on these resolutions and <br />recommended them favorably. Eugenia Schwartz, attorney, made the presentations for <br />the resolutions. She indicated Art Iron needs to expand their present building to <br />accomodate increased inventory and material processing area, which will enable them <br />to increase their efficiency of operation. She indicted this industry is one which <br />we are pleased to see growing in our area. Council Member Puzzello made a motion to <br />adopt Resolution No. 1624 -88, seconded by Council Member Coleman. The resolution <br />was adopted by a roll call vote of eight ayes. Council Member Coleman made a motion <br />to adopt Resolution No. 1625 -88, seconded by Council Member Zakrzewski. The <br />resolution was adopted by a roll call vote of five ayes and three nays (Council <br />Members Duda, Luecke and Slavinskas.) <br />RESOLUTION NO. 1626 -88 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF <br />SOUTH BEND, INDIANA, DESIGNATING CERTAIN AREAS WITHIN <br />THE CITY OF SOUTH BEND COMMONLY KNOWN AS 814 SOUTH MAIN <br />ST. SOUTH BEND, IN 46618 AN ECONOMIC REVITALIZATION <br />AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY <br />TAX ABATEMENT FOR SCHAFER GEAR WORKS, INC. <br />WHEREAS, a petition for personal property tax abatement has been filed with the <br />City Clerk for consideration by the Common Council of the City of South Bend, <br />requesting that the area commonly known as 814 South Main St., South Bend, Indiana, <br />and which is more particularly described as follows: <br />PARCEL I: All of Lots Numbered One Hundred Nine (109) and One Hundred Ten (110) <br />as shown on the recorded Plat of Daniel Garst's lst addition to South Bend City, now <br />within and a part of the City of South Bend. <br />PARCEL II: All of Lots Numbered Two Hundred Fifty -seven (257) and Two Hundred <br />Fifty -eight (258) as shown on the recorded Plat of Daniel Garst's Subdivision of a <br />part of his 1st addition to South Bend City, now a part of the City of South Bend. <br />PARCEL III: All of Lots Numbered Two Hundred Eleven (211) and Two Hundred Twelve <br />(212) as shown on the recorded Plat of Daniel Garst's 1st addition to the South Bend <br />City, now within and a part of the City of South Bend. <br />PARCEL IV: Beginning at the Northwest corner of Lot Two Hundred Twenty (220) in <br />Garst's First addition to South Bend City now within and a part of the City of South <br />Bend, Indiana, as recorded in Plat Book 3, page 41 in the Office of the Recorder of <br />St. Joseph County, Indiana said beginning point being the inter - section of the South <br />line of said vacated 14 foot alley with the East right -of -way line of Main Street as <br />now exist; thence North V00100" East (bearing assumed) along said East <br />right -of -way line of Main Street, a measured distance of 52.13 feet to the South <br />line of the North 30.00 feet of said Lot Two Hundred Sixty (260); thence North <br />89 °7140" East along said South line and parallel with the North line of said Lot <br />260, a measured distance of 200.37 feet to the East line of Lot Two Hundred Twelve <br />(212) in Garst's First addition; thence South O °0121" West along the East line of <br />said Lot 212, a measured distance of 51.93 feet to the Northeast corner of Lot Two <br />Hundred Thirteen (213) in said Garst's First addition being also the Southeast <br />corner of a 14 foot alley vacated by Vacation Resolution 3444; thence South <br />89 °56120" West along the South line of said vacated 14 foot alley a measured <br />distance of 200.25 feet to the place of beginning. <br />PARCEL V: All of Lots Numbered Two Hundred Thirteen (213), Two Hundred Fourteen <br />(214), Two Hundred Fifteen (215), Two Hundred Sixteen (216) and the East 10 feet of <br />Lot Numbered Two Hundred Seventeen (217) all as shown on the recorded Plat of Daniel <br />Garst's 1st addition of South Bend City, now within and a part of the City of South <br />Bend, excepting therefrom the South 25 feet thereof. <br />PARCEL VI: All of Lots Numbered Two Hundred Eighteen (218), Two Hundred Nineteen <br />(219) and Two Hundred Twenty (220) and the West 15 feet of Lot Numbered Two Hundred <br />Seventeen (217) all as shown on the recorded Plat of Daniel Garst's 1st addition to <br />South Bend City, now within and a part of the City of South Bend, excepting <br />therefrom the South 24.5 feet thereof. <br />be designated as an Economic Revitalization Area under the provision of Indiana <br />Code 6 -1.1- 12.1 -1 et seq., and South Bend Municipal Code section 2 -76 et seq., and; <br />WHEREAS, the Department of Economic Development has concluded an investigation <br />and prepared a report with information sufficient for the Common Council to <br />determine that the area qualifies as an Economic Revitalization Area under Indiana <br />Code 6- 1.1- 12.1 -1 et seq., and South Bend Municipal Code section 1 -76 et seq., and <br />has further prepared maps and plats showing the boundaries and such other <br />information regarding the area in question as required by law; and; <br />