02-23-09 Common Council Minutes - Laserfiche WebLink

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REGULAR MEETING FEBRUARY 23, 2009 PARCEL II: Lots Numbered One (1), Two (2), Three (3), Four (4) and Five (5) as shown on the recorded Plat of Hosinski’s Subdivision of Lot Numbered 43 in College Grove Addition to the City of South Bend, recorded April 6, 1920 in Plat Book 10, page 103 in the Office of the Recorder of St. Joseph County, Indiana. PARCEL III: Lots Numbered Twenty-eight (28), Twenty-nine (28), Thirty (30), Thirty-one (31), Thirty-two (32), Thirty-three (33), inclusive and Lots Numbered Forty-four (44), Forty-five (45), Forty-six (46), Forty- seven (47) and Forty-eight (48) as shown on the recorded Plat of College Grove and Addition to the Town, now City of South Bend and Lot “A” as shown on the recorded Plat of Clement Studebaker’s Oak Grove Subdivision in the City of South Bend, recorded in Plat Book 7, page 4 in the Office of the Recorder of St. Joseph County, Indiana. PARCEL IV: The vacated Grant, Johnson and Brookfield Streets running from the North line of Washington Avenue and the South line of Orange Street; also the vacated Colfax Avenue running from the West line of Jackson Street to the West line of Lot 48 in College Grove Addition extended North; also the vacated alley lying West and adjacent to Lots 1, 2, 3 and 5 Hosinski’s Subdivision. PARCEL V: An easement for ingress and egress in, upon and over the following described real estate: Beginning at a point 4-1/2 feet West of the Northeast corner of Lot Thirty (30) in College Grove Addition; thence North on a line parallel to the East line of Lot 30 a distance of 10.00 feet; thence East on a line parallel with the North lines of Lots 29 and 30 a distance of 105.00 feet; thence South on a line parallel to the West lot line of Lot 29 a distance of 10.00 feet to a point on the North line of Lot 29, said point being 37.00 feet East of the Northwest corner of Lot 29; thence West on and along the North line of Lot 29, extended across vacated Johnson Street, and the North line of Lot 30, a distance of 105.00 feet to the point of beginning. and which has Tax Key Number 18-2003-0032 presently, be designated as an Economic Revitalization Area under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et seq., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6-1.1-12.1, et seq., and South Bend Municipal Code Sections 2-76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds pursuant to Indiana Code 6-1.1-12.1-4.5 et seq., that: a. The estimate of the cost of the new manufacturing equipment is reasonable for equipment of that type; b. That the estimate of the number of individuals that will be employed or whose employment will be retained by the Petitioner can reasonably be 17