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RESOLUTION NO. 1531 <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 <br />may not be approved when the property is located in an allocation area as defined in I.C. <br />36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area adopts <br />a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition for ten years of <br />real property tax abatement consideration from Steel Warehouse Co., Inc., A & F Realty Co. and <br />Steel Warehouse of Indiana, Inc. for real property located at 2722 West Tucker Drive in the <br />Sample -Ewing Development Area, the legal description of which is attached hereto, marked <br />Exhibit "A" and incorporated herein; and <br />WHEREAS, this Commission declared the Sample -Ewing Development Area by <br />Resolution No. 1222, adopted February 4, 1994, and in the same resolution declared the Sample - <br />Ewing Development Area, Allocation Area No. 8; and <br />WHEREAS, the property located at 2722 West Tucker Drive is located within the <br />Sample -Ewing Development Area, Allocation Area No. 8; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from Steel Warehouse Co., Inc., A & F <br />Realty Co. and Steel Warehouse of Indiana, Inc. for ten years of real property tax abatement <br />consideration for property located at 2722 West Tucker Drive in the Sample -Ewing Development <br />Area, Allocation Area No. 8, should be and 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 real property tax abatement for Steel <br />Warehouse Co., Inc., A & F Realty Co. and Steel Warehouse of Indiana, Inc. <br />Approved this 18th day of July, 1997, at the regularly scheduled meeting of the South <br />Bend Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />Robert W. Hunt, President <br />ATTEST: <br />Paula N. Auburn, Secretary <br />VB:Res1531 <br />