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Redevelopment Commission Meeting <br />Regular Meeting — July 16, 2004 <br />6. NEW BUSINESS <br />A. Tax Abatements <br />(1) continued... <br />All tax obligations at this location are <br />current. The building commissioner has <br />reviewed the petition and finds the property <br />to be properly zoned for the proposed <br />project. The property is located in the South <br />Bend Central Development Area, which is a <br />Tax Increment Allocation Area; therefore, <br />the petition for real property tax abatement <br />must first be approved by the South Bend <br />Redevelopment Commission. The petitioner <br />meets the qualifications for a six (6) year real <br />property tax abatement under the tax <br />abatement ordinance. <br />Attorney Richard Deahl, speaking on behalf <br />of the Petitioner, explained that two building <br />permits had been pulled in early 2004 prior <br />to Dillinham's purchase of the building. One <br />recent building permit was related to repairs <br />to a structural floor as an emergency <br />measure. <br />Ms. Greene noted that the Commission's role <br />in the tax abatement approval process is a <br />determination as to whether the Commission <br />is agreeable to waive the tax increment that <br />would be abated by the granting of the <br />petiton. Ms. Greene further advised that the <br />Common Council has final approval as to <br />whether the abatement is granted. She <br />explained to Mr. Deahl that he would need to <br />be prepared to make explanation about the <br />building permits to the Council attorney. Mr. <br />Deahl indicated he has already been in <br />consultation with Ms. Cekanski- Farrand <br />about the issue. <br />t, 6 <br />