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04-16-04 Redevelopment Commission Minutes
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04-16-04 Redevelopment Commission Minutes
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N <br />C9 <br />A <br />South Bend Redevelopment Commission <br />Regular Meeting —April 16, 2004 <br />6. NEW BUSINESS <br />A. Tax Abatements <br />(1) continued... <br />Mr. Semion Lyandres thanked the <br />Commission for considering the tax <br />abatement petition and is looking forward to <br />joining the community members of the <br />Northeast Neighborhood. <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Kahn and unanimously carried, the <br />Commission approved Resolution No. 2050 <br />approving an application for residential real <br />property tax deduction for property located <br />at 1105 Frances Street in the Northeast <br />Neighborhood Development Area. (Semion <br />and Natalia Lyandres) <br />(2) Commission approval requested for <br />Resolution No. 2051 approving an <br />application for real property tax <br />deduction for property located at <br />5053 Ameritech Drive in the Airport <br />Economic Development Area. ( Bamber, <br />LLC for the benefit of Dennis Bamber, <br />Inc. d /b /a The Woodwind and The <br />Brasswind) <br />14 <br />COMMISSION APPROVED RESOLUTION NO. 2050 <br />APPROVING AN APPLICATION FOR RESIDENTIAL <br />REAL PROPERTY TAX DEDUCTION FOR PROPERTY <br />LOCATED AT 1105 FRANCES STREET IN THE <br />NORTHEAST NEIGHBORHOOD DEVELOPMENT <br />AREA. (SEMION AND NATALIA LYANDRES) <br />Estimated taxes <br />over five (5) years <br />Without abatement <br />$25,945.50 <br />With 5 -yr abatement <br />$20,592.85 <br />Estimated cost of <br />5 -yr abatement <br />$ 5,352.65 <br />Mr. Semion Lyandres thanked the <br />Commission for considering the tax <br />abatement petition and is looking forward to <br />joining the community members of the <br />Northeast Neighborhood. <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Kahn and unanimously carried, the <br />Commission approved Resolution No. 2050 <br />approving an application for residential real <br />property tax deduction for property located <br />at 1105 Frances Street in the Northeast <br />Neighborhood Development Area. (Semion <br />and Natalia Lyandres) <br />(2) Commission approval requested for <br />Resolution No. 2051 approving an <br />application for real property tax <br />deduction for property located at <br />5053 Ameritech Drive in the Airport <br />Economic Development Area. ( Bamber, <br />LLC for the benefit of Dennis Bamber, <br />Inc. d /b /a The Woodwind and The <br />Brasswind) <br />14 <br />COMMISSION APPROVED RESOLUTION NO. 2050 <br />APPROVING AN APPLICATION FOR RESIDENTIAL <br />REAL PROPERTY TAX DEDUCTION FOR PROPERTY <br />LOCATED AT 1105 FRANCES STREET IN THE <br />NORTHEAST NEIGHBORHOOD DEVELOPMENT <br />AREA. (SEMION AND NATALIA LYANDRES) <br />
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