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No. 2759 approving an application for real property tax deduction (901 (lot 2) and 909 (lot 1) N. St. Peter St.)(old consolidated address is 727 E. Corby St.)
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No. 2759 approving an application for real property tax deduction (901 (lot 2) and 909 (lot 1) N. St. Peter St.)(old consolidated address is 727 E. Corby St.)
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10/18/2012 12:48:32 PM
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RESOLUTION NO. 2759 <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 Snyder Custom Homes, Inc. for real property <br />located at 901 and 909 North St. Peter Street (old consolidated address is 727 East Corby Street) <br />in the Northeast Neighborhood Development Area, the development area location and legal <br />description of which are attached hereto, marked Exhibit "A" and 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 901 and 909 North St. Peter Street is located within <br />the Northeast Neighborhood Development Area Allocation Area; <br />ILNOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from Snyder Custom Homes, Inc. for (5) <br />five years of real property tax abatement consideration for property located at 901 and 909 North <br />St. Peter Street (old consolidated address is 727 East Corby Street) in the Northeast Neighborhood <br />Development Area Allocation Area should be and is hereby 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 Snyder <br />Custom Homes, Incorporated. <br />Approved this 3`d day of September, 2010, at the regular meeting of the South Bend <br />Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />,C <br />ATTEST: Marcia I. Jones, 1&911dent <br />Nancy N. King, S retary <br />
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