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No. 1869 aproving an application for real property tax deduction (704-776 Roland Ave., SEDA)
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No. 1869 aproving an application for real property tax deduction (704-776 Roland Ave., SEDA)
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01 <br />RESOLUTION NO. 1869 <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 may not <br />be approved when the property is located in an allocation area as defined in I.C. 36- 7- 14 -39, unless the <br />Redevelopment Commission which designated that allocation area adopts a resolution approving that <br />application; and <br />WHEREAS, the South Bend Common Council has received a petition for five years of real <br />property tax abatement consideration from City of South Bend Board Of Public Works for real <br />properties located at 704 ,705, 719, 720, 732, 733, 744, 747, 758, 761, 775, 776, Roland Court <br />Development Area, the legal description of which is attached hereto, marked Exhibit "A" and <br />incorporated herein; and <br />WHEREAS, this Commission declared the Sample -Ewing Development Area by Resolution No. <br />1222, adopted February 4, 1994, and in the same resolution declared the Sample -Ewing Development <br />Area, Allocation Area No. 8; and <br />WHEREAS, the properties located at 704, 705, 719, 720, 732, 733, 744, 747, 758, 761, 775, 776, <br />Roland Court are located within the Sample -Ewing Development Area, Allocation Area No. 8; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as <br />follows: <br />1) The Commission finds that the application from City of South Bend Board of Public Works, <br />for five years of real property tax abatement consideration for properties located at138, 701, and 705 <br />Broadway in the Sample -Ewing Development Area, Allocation Area No. 8, should be and is hereby <br />approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate <br />the Commission's approval of the petition for real property tax abatement for City of South Bend Board <br />of Public Works. <br />Approved this 1 st day of February 2002 at the regular meeting of the South Bend Redevelopment <br />Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />Marcia Jones, Vic esident <br />ATTEST: <br />WEV'Sectfetary <br />
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