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No. 1280 approving an application for real property tax deduction (James & Linda Teske, Apollo Precision Machining, Inc., 4075 Ralph Jones Dr.)
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No. 1280 approving an application for real property tax deduction (James & Linda Teske, Apollo Precision Machining, Inc., 4075 Ralph Jones Dr.)
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RESOLUTION NO. 1280 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION <br />WHEREAS, I. C. 6 -1.1- 12.1 -20) provides that an application for property tax deduction may <br />not be approved when the property is located in an allocation area as defined in I. C. 36- 7- 14 -39, <br />unless the Redevelopment Commission which designated that allocation area adopts a resolution <br />approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition for three years of real <br />property tax abatement consideration from James and Linda Teske (dba: Apollo Precision <br />Machining, Inc.), for real property located at 4075 Ralph Jones Drive in the Airport Economic <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 Airport Economic Development Area by <br />Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Airport <br />Economic Development Allocation Area, Allocation Area No. 1; and <br />WHEREAS, the property located at 4075 Ralph Jones Drive is located within the Airport <br />r' Economic Development Allocation Area, Allocation Area No. 1. <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission <br />as follows: <br />1) The Commission finds that the application from James and Linda Teske (dba: Apollo <br />Precision Machining, Inc.), for three years of real property tax abatement consideration for <br />property located at 4075 Ralph Jones Drive in the Airport Economic Development Allocation <br />Area, Allocation Area No. 1, is hereby approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate <br />the Commission's approval of the petition for real property tax abatement for James and Linda <br />Teske (dba: Apollo Precision Machining, Inc.). <br />Approved this 15th day of July, 1994, at the regularly scheduled meeting of the South Bend <br />Redevelopment Commission. <br />ATTEST: <br />FA <br />ML:Res1280 <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />Paula N. Auburn, President <br />
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