No. 2766 approving an application for personal property tax deduction (2722 W. Tucker Dr.)

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South Bend Redevelopment Commission RE: Steel Warehouse (Personal Property Abatement) September 7, 2010 Page 3 5 year personal property 3035 -01 Sept. 24, 2001 10 year real property 3036 -01 Sept. 24, 2001 5 year personal property 3380 -04 Sept. 27, 2004 5 year real property 3381 -04 Sept. 27, 2004 5 year personal property 3382 -04 Sept. 27, 2004 5 year personal property 3791 -07 Sept. 24, 2007 5 year personal property 3792 -07 Sept. 24, 2007 5 year personal property 3793 -07 Sept. 24, 2007 5 year personal property 3995 -09 Oct. 26, 2009 The petitioner is in compliance with the reporting requirements for the previous abatements. 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the property located at 2722 W. Tucker Drive is- located in the Sample Ewing Development Area, which is a Tax Increment Allocation Area; therefore, the petition for personal property tax abatement for that location must first be approved by the South Bend Redevelopment Commission. 4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the qualifications for a five (5) year personal property tax abatement under Section 2 -84.2 (Tangible Personal Property Tax Abatement) for the 2722 W. Tucker Drive location. Therefore, staff recommends that the Redevelopment Commission approve Resolution No. .