No. 1720 approving an application for real property tax deduction (Brass Eagle Family Billiards, Inc., 1202 S. Lafayette Blvd.)

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RESOLUTION NO. 1720 A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6- 1.1- 12.1 -2(1) provides that an application for property tax deduction may not be approved when the property is located in an allocation area as defined in I.C. 36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area adopts a resolution approving that application; and WHEREAS, the South Bend Common Council has received a petition for three years of real property tax abatement consideration from PTD Properties, Inc. (Brass Eagle Family Billiards, Inc.) for real property located at 1202 S. Lafayette Blvd. in the Sample -Ewing Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Sample -Ewing DevelopmentArea by Resolution No. 1222, adopted February 4, 1994, and in the same resolution declared the Sample -Ewing Development Area, Allocation Area No. 8; and WHEREAS, the property located at 1202 S. Lafayette Blvd. is located within the Sample - Ewing Development Area, Allocation Area No. 8; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from PTD Properties, Inc. (Brass Eagle Family Billiards, Inc.) for three years of real property tax abatement consideration for property located at 1202 Lafayette Blvd. in the Sample -Ewing Development Area, Allocation Area No. 8, should be and is hereby approved. 2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the Commission's approval of the petition for real property tax abatement for PTD Properties, Inc. (Brass Eagle Family Billiards, Inc.). Approved this 3rd day of December 1999 at the regular meeting of the South Bend Redevelopment Commission. S END REDEVELOPMENT COMMISSION Robert W. Hunt, President ATTEST: :: q-�a Philip J. F ce , Secretary VB:Res1720