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L <br />RESOLUTION NO. 875 <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 <br />area, adopts a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition <br />for ten years of real property tax abatement consideration from The <br />City of South Bend, Department of Redevelopment, on behalf of <br />Niles /Washington Associates for real property located at 115 N. <br />Niles Avenue 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 115 N. Niles is located within <br />the South Bend Central Allocation Area (South Bend Allocation Area <br />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 of The City of <br />South Bend, Department of Redevelopment, on behalf of <br />Niles /Washington Associates for ten years of real property tax <br />abatement consideration for property located at 115 N. Niles in the <br />South Bend Central Allocation Area (South Bend Allocation Area No. <br />1A) 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 of the <br />City of South Bend, Department of Redevelopment on behalf of <br />Niles /Washington Associates' petition for real property tax <br />abatement. <br />Approved this 12th day of May, 1989, at the regularly scheduled <br />meeting of the South Bend Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />ATTEST: <br />C <br />Roman Piasecki, Secretary <br />Res875 <br />