No. 2189 approving application for personal property tax deduction (Mossberg & Company, Inc., 301 E. Sample)

Home Browse Search

RESOLUTION NO. 2189 A RESOLUTION APPROVING AN APPLICATION FOR 0 PERSONAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6-1.1-12.1-2(1) provides that an application for property tax deduction may not be approved when the property is located in an allocation area as defined in I.C. 36-7-14-39, unless the Redevelopment Commission which designated that allocation area adopts a resolution approving that application; and WHEREAS, the South Bend Common Council has received a petition for five (5) years of personal property tax abatement consideration from Mossberg & Company, Inc. for personal property located at 301 E. Sample in the South Bend Central Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the South Bend Central Development Area by Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South Bend Central Development Area, Allocation Area No. IA; and WHEREAS, the properties located at 301 E. Sample is located within the South Bend Central Development Area, Allocation Area No. 1A; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Mossberg & Company, Inc. for five (5) years of personal property tax abatement consideration for properties located at 301 E. Sample in the South Bend Central Development Area, Allocation Area No. IA, should be and is hereby approved. 2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the Commission's approval of the petition for personal property tax abatement for Mossberg & Company, Inc. Approved this 21St day of October 2005 at the regularly scheduled meeting of the South Bend Redevelopment Commission. ATTEST: .......... e�-- Greg Downs, Secretary • SOUTH BEND REDEVELOPMENT COMMISSION Marcia Jones, President t/