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South Bend Redevelopment Commission <br /> Regular Meeting—April 10, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> A. Tax Abatement <br /> (2) continued... <br /> height. This project will invest over $1 <br /> million in that portion alone to make it <br /> suitable for manufacturing and use that space <br /> to house new equipment valued at $8 million <br /> allowing them to enter new markets. Lock <br /> Joint Tube asks for favorable consideration. <br /> Upon a motion by Mr. Downes, seconded by COMMISSION APPROVED RESOLUTION No.3020 <br /> Mr. Varner and unanimously carried, the APPROVING AN APPLICATION FOR REAL <br /> Commission approved Resolution No. 3020 PROPERTY TAX DEDUCTION FOR PROPERTY <br /> LOCATED AT 1217 SOUTH WALNUT STREET IN <br /> approving an application for real property tax THE AIRPORT ECONOMIC DEVELOPMENT AREA <br /> deduction for property located at 1217 South (LOCK JOINT TUBE). <br /> Walnut Street in the Airport Economic <br /> Development Area (Lock Joint Tube). <br /> (3) Resolution No. 3021 approving an <br /> application for personal property tax <br /> deduction for property located at 1217 <br /> South Walnut Street in the Airport <br /> Economic Development Area (Lock Joint <br /> Tube). <br /> Upon a motion by Mr. Downes, seconded by COMMISSION APPROVED RESOLUTION No.3021 <br /> Mr. Varner and unanimously carried, the APPROVING AN APPLICATION FOR PERSONAL <br /> Commission approved Resolution No. 3021 PROPERTY TAX DEDUCTION FOR PROPERTY <br /> LOCATED AT 1217 SOUTH WALNUT STREET IN <br /> approving an application for personal THE AIRPORT ECONOMIC DEVELOPMENT AREA <br /> property tax deduction for property located at (LOCK JOINT TUBE). <br /> 1217 South Walnut Street in the Airport <br /> Economic Development Area (Lock Joint <br /> Tube). <br /> Mr. Inks asked that Item 6.C.(7) be moved up on the <br /> agenda to be considered at this time. There was no <br /> objection and the item was so moved. <br /> 8 <br />