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RESOLUTION NO. 949 <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 for <br />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 petition <br />for three years of real property tax abatement consideration from <br />The South Bend Redevelopment Authority for retail space in the St. <br />Joseph /Wayne Parking Garage located at 117 E. Wayne Street in the <br />South Bend Central Development Area, the legal description of which <br />is attached hereto, marked 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 in <br />the same resolution declared the South Bend Central Allocation Area <br />(South Bend Allocation Area No. 1A); and <br />WHEREAS, the property located at 117 E. Wayne Street is located <br />within the South Bend Central Allocation Area (South Bend <br />Allocation Area No. 1A). <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from the South <br />Bend Redevelopment Authority for three years of real property tax <br />abatement consideration for retail space in the St. Joseph /Wayne <br />Parking Garage located at 117 E. Wayne Street in the South Bend <br />Central Allocation Area (South Bend 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 Commission's approval of the <br />South Bend Redevelopment Authority's petition for real property tax <br />abatement for the retail space in the St. Joseph /Wayne Parking <br />Garage. <br />Approved this 10th day of August, 1990, at the regularly <br />scheduled meeting of the South Bend Redevelopment Commission. <br />ATTEST: <br />Roma;,YD iasecki Secretary <br />Res949 <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />c;IzAn, A) <br />Paula N. Auburn, Cive President <br />