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REGULAR MEETING SEPTEMBER 9, 1985
<br />PARCEL 1: Lot Numbered One (1) except the South 20 feet thereof, and Lots
<br />Numbered Two (2), Three (3) and Four (4) in Ford's Subdivision of the South part
<br />of Bank Out Lot Numbered Sixty (60) in the First Plat of Out Lots of the Town,
<br />(now City), of South Bend, platted by the State Bank of Indiana.
<br />PARCEL II: A part of Bank Out Lot Numbered Sixty (60) in the City of South Bend
<br />as platted by the State Bank of Indiana, and more particularly described as
<br />follows: Beginning on the West Line of Prairie Avenue as existed on December
<br />31, 1960 and the North line of Lot Numbered 3 as shown on the recorded Plat of
<br />Ford's Subdivision of a part of Bank Out Lot Numbered 60 as recorded on August
<br />20, 1873 in Plat Book 3, page 31, in the Office of the Recorder of St. Joseph
<br />County, Indiana; thence Westerly along the North line of Lots Numbered 3 and 4
<br />in Ford's Subdivision a distance of 142 feet to the east line of Scott Street;
<br />thence North and along the East line of Scott Street 227 feet; thence
<br />Northeasterly at right angles to the East line of Scott Street 268 feet, more or
<br />less, to the West line of Prairie Avenue as existed on December 31, 1960; thence
<br />Southerly and along said West line 254 feet, more or less to the place of
<br />beginning.
<br />PARCEL III: That part of Bank Out Lot Numbered Sixty (60) as platted and
<br />recorded by the State Bank of Indiana, located in the City of South Bend, which
<br />lies North of the North line of a parcel of land conveyed by the Lake Shore
<br />Michigan Southern Railway Company to the Standard Oil Company by Deed Dated
<br />August 14th 1893, recorded in Book 93, page 348 of the records of the Recorder
<br />of St. Joseph County, and which lies South of a line beginning at a point in the
<br />Easterly line of Scott Street in the said City of South Bend 16.8 feet, more or
<br />less, Southerly of the center of the track of the New York Central Railroad
<br />Company lying South of the four main tracks of said railroad company, measured
<br />along the east line of said Scott Street, said point being distant .3 feet
<br />Southerly, measured along said street line at sidewalk level, from the Southerly
<br />edge of the Southeasterly pylon of the bridge of The New York Central Railroad
<br />Company over Scott Street, said point also being 165.22 feet, more or less,
<br />North of the intersection of the East line of Scott Street with the North line
<br />of land conveyed to the Standard Oil Company by deed dated August 14th, 1893, as
<br />aforesaid, measured along the East line of said Scott Street; thence
<br />Southeasterly along a straight line forming an angle of 79011' measured from
<br />South to East with said East line of Scott Street, a distance of 311.7 feet to a
<br />point which is 14.6 feet Southerly of said track of the New York Central
<br />Railroad Company measured at right angles to said straight line, said point
<br />being also .1 feet Northerly of the Northwesterly corner of the top of retaining
<br />wall extending Westerly from the Southwesterly pylon of the bridge of The New
<br />York Central Railroad Company over Prairie Street, said line passes through a
<br />point marked by a drill hole placed in the face of the retaining wall situated
<br />on the East side of said Scott Street at a point 3 feet above sidewalk level;
<br />thence Southerly along a straight line forming an angle of 94050' to last
<br />described straight line, measured from West to South, a distance of 4.6 feet to
<br />a point distant 2.75 feet by rectangular measurement Southeasterly from the face
<br />of the retaining wall aforesaid; thence Easterly along a straight line parallel
<br />to said retaining wall, a distance of 31.8 feet, more or less, to a point in the
<br />Westerly line of Prairie Avenue and forming an angle of 66030' with said
<br />Westerly line of Prairie Avenue measured from West to South, said point in the
<br />Westerly line of Prairie Avenue being 18.9 feet, more or less, Southwesterly of
<br />the center line of said track of the New York Central Railroad company measured
<br />along the said Westerly line of Prairie Avenue, said point also being 112.8
<br />feet, more or less, Northeasterly of the intersection of said Westerly line of
<br />Prairie Avenue with the Northerly line of said parcel of land conveyed to The
<br />Standard Oil Company by deed dated August 14th, 1983, as aforesaid.
<br />ALL PARCELS: located in St. Joseph County, Indiana.
<br />as an 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. That 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 five (5) calendar years from the date of adoption of the
<br />Declaratory Resolution by the Common Council.
<br />SECTION II. 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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