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South Bend Redevelopment Commission <br /> Regular Meeting—April 26, 2011 <br /> 6. NEW BUSINESS (CONT.) <br /> B. Tax Abatements <br /> (1) continued... <br /> Area; therefore, the petition for real property <br /> tax deduction must first be approved by the <br /> South Bend. The property meets the <br /> qualifications for a seven-year real property <br /> abatement and for a five-year personal <br /> property abatement under the tax abatement <br /> ordinance <br /> Mr. Varner said he is happy to hear that <br /> Hoosier Tank is doing well and growing. <br /> Mr. Reinke asked if the public could make <br /> comment on the abatement. Mr. Varner <br /> responded that today's meeting is not a pubic <br /> hearing. The Common Council will consider <br /> the abatements next and there will be <br /> opportunity for public comment at that <br /> meeting. <br /> Upon a motion by Mr. Downes seconded by COMMISSION APPROVED RESOLUTION No.2869 <br /> Mr. Alford and unanimously carried, the APPROVING AN APPLICATION FOR REAL <br /> Commission approved Resolution No. 2869 PROPERTY TAX DEDUCTION FOR PROPERTY <br /> LOCATED AT 1710 NORTH SHERIDAN STREET IN <br /> approving an application for real property tax THE AIRPORT ECONOMIC DEVELOPMENT UREA. <br /> deduction for property located at 1710 North (HOOSIER TANK AND MANUFACTURING) <br /> Sheridan Street in the Airport Economic <br /> Development Area. (Hoosier Tank and <br /> Manufacturing) <br /> (2) Resolution No. 2870 approving an <br /> application for personal property tax <br /> deduction for property located at 1710 <br /> North Sheridan Street in the Airport <br /> Economic Development Area. <br /> Upon a motion by Mr. Downes seconded by COMMISSION APPROVED RESOLUTION No.2870 <br /> Mr. Alford and unanimously carried, the APPLICATION FOR PERSONAL PROPERTY TAX <br /> DEDUCTION FOR PROPERTY LOCATED AT 1710 <br /> 8 <br />