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RESOLUTION NO. 2608 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION <br />WHEREAS, I.C. 6- 1.1- 12.1 -2(1) provides that an application for property tax deduction <br />may not be approved when the property is located in an allocation area as defined in I.C. <br />36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area adopts <br />a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition for (5) five years of <br />real property tax abatement consideration from Peter & Nancy Kilpatrick for real property located <br />at 1015 North Frances Street in the Northeast Neighborhood Development Area, the development <br />area location and legal description of which are attached hereto, marked Exhibit "A" and <br />incorporated herein; and <br />WHEREAS, this Commission declared the Northeast Neighborhood Development Area <br />by Resolution No. 2016, adopted November 17, 2003, and in the same resolution declared the <br />Northeast Neighborhood Development Area Allocation Area; and <br />WHEREAS, the property located at 1015 North Frances Street is located within the <br />Northeast Neighborhood Development Area Allocation Area; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from Peter & Nancy Kilpatrick for (5) five <br />years of real property tax abatement consideration for property located at 1015 North Frances <br />Street in the Northeast Neighborhood Development Area Allocation Area should be and is hereby <br />approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common Council to <br />indicate the Commission's approval of the petition for real property tax abatement for Peter & <br />Nancy Kilpatrick. <br />Approved this 16th day of October, 2009, at -the regular meeting of the South Bend <br />Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />ATTEST: Marcia I. Jones, esident <br />74�� <br />Nancy N. Kin , Secretary <br />