No. 1849 approving an application for real property tax deduction (110 S. Hill St.)

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South Bend Redevelopment Commission CWRE: Tax Abatement for J & J Leasing (UL /EHL) October 15, 2001 Page 3 4. A review of the South Bend Redevelopment designation areas finds that the property is located in the South Bend Central Development Area which is a Tax Incremental Allocation Area, therefore the petition for real property tax abatement must first be approved by the South Bend Redevelopment Commission. 5. A review of the Tax Abatement Ordinance, no. 8065 -90, finds that the petitioner does not fully meet the qualifications for the requested ten year abatement. Although the petitioner's property is located in a Tax Abatement Impact Area, that only qualifies the company for a three year abatement. The petitioner is respectfully requesting consideration of special exception ten year real property abatement. This request would fall under Section 2 -84 of municipal code, which is the Council's Authority to Enlarge Real Property Tax Abatement General Standards.