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RESOLUTION NO. 1290 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />PERSONAL PROPERTY TAX DEDUCTION <br />WHEREAS, I. C. 6 -1.1- 12.1 -20) 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 five years of <br />personal property tax abatement consideration from Wells Electronics, Inc. for personal property <br />located at 1701, 1801, 1818 and 1819 S. Main Street in the Sample -Ewing Development Area, <br />the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; <br />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 />ON <br />Ewing Development Area, Allocation Area No. 8; and <br />WHEREAS, the property located at 1701, 1801, 1818 and 1819 S. Main Street is located <br />within the 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 Wells Electronics, Inc. for five years <br />of personal property tax abatement consideration for property located at 1701, 1801, 1818 and <br />1819 S. Main Street in the Sample -Ewing Development Area, Allocation Area No. 8, is hereby <br />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 Wells <br />Electronics, Inc. <br />Approved this 7th day of October 1994, at the regularly scheduled meeting of the South <br />Bend Redevelopment Commission. <br />SOUTH BEND REDEVELOPMIINT COMMISSION <br />Paula N. Auburn, President <br />ATTEST: <br />mi,10" <br />ML:Res1290 <br />