No. 1079 approving an application for personal property tax deduction (Steel Warehouse Co., Inc., 2722 Tucker Dr.)

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RESOLUTION NO. 1079 A RESOLUTION APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6 -1.1- 12.1 -2(j) provides that an application for property tax deduction may not be approved when the property is located in an allocation area as defined in I.C. 36- 7- 14 -39, unless the Redevelopment Commission, which designated that allocation area, adopts a resolution approving that application; and WHEREAS, the South Bend Common Council has received a petition for five years of personal property tax abatement consideration from Steel Warehouse Co., Inc. for personal property located at 2722 Tucker Drive in the Rum Village Industrial Park, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Rum Village Industrial Park by Resolution No. 650 adopted December 8, 1981 and in the same resolution declared the Rum Village Industrial Park (South Bend Allocation Area No. 4); and WHEREAS, the property located at 2722 Tucker Drive is located within the Rum Village Industrial Park (South Bend Allocation Area No. 4); NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1.) The Commission finds that the application of Steel Warehouse Co., Inc. for five years of personal property tax abatement consideration at 2722 Tucker Drive in the Rum Village Industrial Park (South Bend Allocation Area N. 4) is hereby approved. 2.) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the Commission's approval of Steel Warehouse Co., Inc.'s petition for personal property tax abatement. Approved this 10th day of July 1992 at the regularly scheduled meeting of the South Bend Redevelopment Commission. ATTEST: Michael Donoho, Secretary res1079 SOUTH BEND REDEVELOPMENT COMMISSION Paula N. Auburn, President