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RESOLUTION NO. 1437 <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 <br />deduction may not be approved when the property is located in an allocation area as defined <br />in I.C. 36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation <br />area adopts a resolution approving that application; and <br />WHEREAS, the South Bend, Common Council has received a petition for ten (10) <br />years of real property tax abatement consideration from the South Bend Redevelopment <br />Commission for the benefit of Robertson's, LLC for real property located at 211 -213 South <br />Michigan Street in the South Bend Central Development Area, the legal description of which <br />is attached hereto, marked Exhibit "A" and incorporated herein; and <br />WHEREAS, this Commission declared the South Bend Central Development Area by <br />Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South <br />Bend Central Development Area, Allocation Area No. 1A; and <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from the South Bend <br />Redevelopment Commission for the benefit of Robertson's, LLC for ten years of real <br />property tax abatement consideration for property located at 211 -213 South Michigan Street <br />in the South Bend Central Development Area, Allocation Area No. 1A, should be and is <br />hereby approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common <br />Council to indicate the Commission's approval of the petition for real property tax abatement <br />for The South Bend Redevelopment Commission for the benefit of Robertson's, LLC. <br />Approved this 21st day of June, 1996 at the regularly scheduled meeting of the South <br />Bend Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />Paula N. Auburn, President <br />ATTEST: <br />William P. Hojn*V, Secretary <br />vb:resl437 <br />