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REGULAR MEETING JANUARY 26, 2009 <br /> <br /> <br /> <br />distance of 30.24 feet to the Northwest corner of a existing building, said <br />Northwest corner being the point of beginning for this description; thence <br />continuing South 89 degrees 40 minutes 09 seconds East, along the North <br />wall of said existing building, a distance of 161.00 feet; thence North 0 <br />degrees 18 minutes 51 seconds East, a distance of 134.28 feet; thence <br />North 89 degrees 40 minutes 09 seconds West, a distance of 161.00 feet; <br />thence South 0 degrees 18 minutes 51 seconds West, a distance of 134.28 <br />feet to the point of beginning. <br /> <br />PARCEL III: A portion of the Southeast ¼ of Section 33, Township 38 <br />North, Range 2 East of the Second Principal Meridian, in and part of the <br />City of South Bend, in St. Joseph County, Indiana, more particularly <br />described as follows: Commencing at a brass plug at the center of Section <br />33, Township 38 North, Range 2 East of the Second Principal Meridian; <br />thence South 0 degrees 01 minutes 14 seconds West, a distance of 814.60 <br />feet to the North line of Voorde Drive projected West; thence South 89 <br />degrees 40 minutes 09 seconds East, on and along the said North line of <br />Voorde Drive, a distance of 737.20 feet; thence North 0 degrees 18 <br />minutes 51 seconds East, a distance of 217.02 feet, along the West <br />property line of Norman F. Ernsberger and LaVern D. Jessup, a General <br />Partnership; thence South 89 degrees 40 minutes 09 seconds East, a <br />distance of 30.24 feet to the Northwest corner of a existing building, said <br />Northwest corner being the point of beginning for this description; thence <br />continuing South 89 degrees 40 minutes 09 seconds East, along the North <br />wall of said existing building, a distance of 161.00 feet; thence North 0 <br />degrees 18 minutes 51 seconds East, a distance of 134.28 feet; thence <br />North 89 degrees 40 minutes 09 seconds West, a distance of 161.00 feet; <br />thence South 0 degrees 18 minutes 51 seconds West, a distance of 134.28 <br />feet to the point of beginning <br /> <br />and which has Tax Key Numbers New Parcel 71-03-33-401-006.000-026 (Parcel I), New <br />Parcel 71-03-33-401-007.000-026 (Parcel II) and New Parcel 71-03-33-401-008.000-026 <br />(Parcel III) presently, as an Economic Revitalization Area; and <br /> <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 6-1.1-12.1-2.5; <br />and <br /> <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrance’s and objections from interested persons; and <br /> <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br /> <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 Personal property tax abatement only <br />and is limited to two (2) calendar years from the date of adoption of the Declaratory <br />Resolution by the Common Council. <br /> <br />SECTION II. The Common Council hereby determines that the property owner is <br />qualified for and is granted Personal Property tax deduction for a period of five (5) years, <br />and further determines that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et seq. <br /> <br /> <br /> <br /> <br /> 8 <br /> <br />