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RESOLUTION NO. 1221 <br />co <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 <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 real <br />property tax abatement consideration from One Plaza Place Associates for real property located <br />at 210 South Michigan Street in the South Bend Central Development Area, the legal description <br />of which 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 Bend <br />Central Development Area, Allocation Area No. IA; and <br />WHEREAS, the property located at 210 South Michigan Street is located within the South <br />Bend Central Development Area, Allocation Area No. J A; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from One Plaza Place Associates for ten <br />years of real property tax abatement consideration for property located at 210 South Michigan <br />Street in the South Bend Central Development Area, Allocation Area No. 1A, 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 real property tax abatement for One Plaza <br />Place Associates. <br />Approved this 4th day of February 1994, at the regularly scheduled meeting of the South <br />Bend Redevelopment Commission. <br />ATTEST: <br />Theo F. Sharp, ecretary <br />ML:Res1221 <br />[A <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />Paula N. Auburn, President <br />