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E* <br />RESOLUTION NO. 862 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL AND PERSONAL 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 approving that application; and <br />WHEREAS, the South Bend Common Council has received a <br />petition for three years of real property and five years of <br />personal property tax abatement consideration from Mossberg & <br />Company, Inc. for real and personal property located at 301 East <br />Sample in the South Bend Central Development Area, the legal <br />description of which is attached hereto, marked Exhibit "A" and <br />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 301 E. Sample is located <br />within the South Bend Central Allocation Area (South Bend <br />Allocation Area No. 1A); and <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend <br />Redevelopment Commission as follows: <br />1) The Commission finds that the application of <br />Mossberg and Company, Inc. for three years of real property and <br />five years of personal property tax abatement consideration for <br />property located at 301 E. Sample in the South Bend Central <br />Allocation Area (South Bend Allocation Area No. 1A) is hereby <br />approved. <br />2) That a copy of this resolution be forwarded to the <br />South Bend Common Council to indicate the Commission's approval <br />of the Mossberg and Company, Inc. petition for real and <br />personal property tax abatement. <br />Approved this 28th day of October, 1988, at the regularly <br />scheduled meeting of the South Bend Redevelopment Commission. <br />ATTEST: <br />n <br />Roman Piasecki, Secretary <br />ML: res/Res8 6 2 <br />SOUTH BEND RE <br />y Nimtz, President <br />COMMISSION <br />