Laserfiche WebLink
r+ <br />RESOLUTION NO. 1050 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION <br />WHEREAS, I.C. 6 -1.1- 12.1 -2(j) provides that an application <br />for property tax deduction may not be approved when the property is <br />located in an allocation area as defined in I.C. 36- 7- 14 -39, unless <br />the Redevelopment Commission which designated that allocation area <br />adopts a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a <br />petition for ten years of real property tax abatement consideration <br />from The South Bend Tribune Corp. for real property located at <br />213 -225 West Colfax Avenue in the South Bend Central Development <br />Area, the legal description of which is attached hereto, marked <br />Exhibit "A" and incorporated herein; and <br />WHEREAS, this Commission declared the South Bend Central <br />Development Area by Resolution No. 737, adopted May 10, 1985, and <br />in the same resolution declared the South Bend Central Development <br />Area, Allocation Area No. 1A; and <br />WHEREAS, the property located at 213 -225 West Colfax Avenue <br />is located within the South Bend Central Development Area, <br />Allocation Area No. 1A; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend <br />Redevelopment Commission as follows: <br />1) The Commission finds that the application from The South <br />Bend Tribune Corp. for ten years of real property tax abatement <br />consideration for property located at 213 -225 West Colfax Avenue in <br />the South Bend Central Development Area, Allocation Area No. 1A, is <br />hereby approved. <br />2) That a copy of this resolution be forwarded to the South <br />Bend Common Council to indicate the Commissions approval of the <br />petition for real property tax abatement for The South Bend Tribune <br />Corp. <br />Approved this 10th day of April, 1992, at the regularly <br />scheduled meeting of the South Bend Redevelopment Commission. <br />ATTEST: <br />Philip J. <br />Res1050 <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />V �V- <br />Paula N. Auburn, President <br />,'Assistant Secretary <br />