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RESOLUTION NO. 1597 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />PERSONAL PROPERTY TAX DEDUCTION <br />WHEREAS, I.C. 6- 1.1- 12.1 -2(1) provides that an application for property tax <br />deduction may not be approved when the property is located in an allocation area as defined in <br />I.C. 36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area <br />adopts a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition for five years of <br />personal property tax abatement consideration from Uniroyal Technology Corporation for <br />personal property located at 2001 West Washington Street in the West Washington - Chapin <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 West Washington- Chapin Development <br />Area by Resolution No. 818, adopted October 23, 1987, and in the same resolution declared <br />the West Washington - Chapin Allocation Area (South Bend Allocation Area No. 7) and <br />WHEREAS, the property located at 2001 West Washington Street is located within the <br />West Washington- Chapin Allocation Area (South Bend Allocation Area No. 7); <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from Uniroyal Technology Corporation <br />for five years of personal property tax abatement consideration for property located at 2001 <br />West Washington Street in the West Washington- Chapin Allocation Area (South Bend <br />Allocation Area No. 7) is hereby approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common Council to <br />indicate the Commission's approval of the petition for personal property tax abatement for <br />Uniroyal Technology Corporation. <br />Approved this 17th day of April 1998 at the regularly scheduled meeting of the South <br />Bend Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />-4�_ - <br />Robert W. Hunt, President <br />ATTEST: <br />a.. <br />vb: res 1597 <br />