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RESOLUTION NO. 931 <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 six years of real property tax abatement consideration from 3 -G <br />Properties for real property located at 1111 S. Main Street in the <br />Studebaker Corridor Development Area, the legal description of <br />which is attached hereto, marked Exhibit "A" and incorporated <br />herein; and <br />WHEREAS, this Commission declared the Studebaker Corridor <br />Development Area by Resolution No. 762 adopted January 10, 1986 and <br />in the same resolution declared the Studebaker Corridor Allocation <br />Area (South Bend Allocation Area No. 6); and <br />� ",, WHEREAS, the property located at 1111 S. Main Street is located <br />%r+ within the Studebaker Corridor Allocation Area (South Bend <br />Allocation Area No. 6); <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1. The Commission finds that the application of 3 -G <br />Properties for six years of real property tax abatement <br />consideration for property located at 1111 S. Main Street, <br />located within the Studebaker Corridor Allocation Area <br />(South Bend Allocation Area No. 6) is 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 <br />of the City of South Bend, Department of Redevelopment on <br />behalf of 3 -G Properties' petition for real property tax <br />abatement. <br />Approved this 20th day of April, 1990, at the regularly <br />scheduled meeting of the South Bend Redevelopment Commission. <br />S7, BEND REDEVELOPMENT COMMISSION <br />Paula N. auburn, %'i:.e Presid.emt <br />ATTEST: <br />AzP6*,A LtA7k.&, <br />Roman Piasecki, Secretary <br />Res931 <br />C <br />