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No. 1417 approving an application for real property tax deduction (Bob Luan, BL Builders)
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No. 1417 approving an application for real property tax deduction (Bob Luan, BL Builders)
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Redevelopment Commission <br />Residential Tax Abatement <br />Bob Luan -BL Builders <br />February 13, 1996 <br />Page 2 <br />REPORT SUMMARY <br />1. A review of the tax abatement records, finds that the petitioner was granted a five <br />year residential real property tax abatement for a series of lots in the Emerson Forest <br />subdivision through Resolution No. 2330 -96, passed on January 8, 1996. <br />2. The building commissioner has reviewed the petition and has found the properties <br />to be properly zoned for the proposed use. <br />3. A review of the tax abatement maps finds that the property is not located in an area <br />presently designated as a Tax Abatement Impact Area. <br />4. A review of the Redevelopment allocation areas finds that the property is located in <br />the Sample /Ewing Development Area which is a Tax Incremental Financing <br />Allocation Area, therefore, the petition first requires the approval of the South Bend <br />Redevelopment Commission. <br />5. A review of the Tax Abatement Ordinance no. 8065 -90, as amended by Ordinance <br />No. 8600 -95, finds that the petitioner meets the qualifications for a five year real <br />property tax abatement under Section 2 -77.1 (Single Family Real Property <br />Abatement). <br />
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