No. 2152 approving an appplication for residential real property tax deduction (Sorin's Second Addition)

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RESOLUTION NO. 2152 40 A RESOLUTION APPROVING AN APPLICATION FOR RESIDENTIAL REAL 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 years of residential real property tax abatement consideration from Gary and Lisa Anderson for real property located at 1105 N. Frances Street in the Northeast Neighborhood Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Northeast Neighborhood Development Area by Resolution No. 2016, adopted November 17, 2003, and in the same resolution declared the Northeast Neighborhood Development Area Allocation Area; and WHEREAS, the property located at 1105 N. Frances Street is located within the Northeast Neighborhood Development Area Allocation; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Gary and Lisa Anderson for five years of real property tax abatement consideration for property located at 1105 N. Frances Street in the Northeast Neighborhood Development Area Allocation Area, 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 residential real property tax abatement for 1105 N. Frances Street. Approved this 181h day of March 2005 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Marcia T. Jones, Pre nt ATTEST: Greg S. Downes