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RESOLUTION NO. 837 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />rw REAL 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 ten years of real property tax abatement consideration <br />from Can - American South Bend Limited Partnership for real property <br />located at East LaSalle and East Raceway in the South Bend Central <br />Development Area, the legal description of which is attached <br />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 East LaSalle and East <br />Raceway is located within the South Bend Central Allocation Area <br />(South Bend Allocation Area No. 1A); <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 />Can - American South Bend Limited Partnership for ten years of <br />real property tax abatement consideration located at East <br />LaSalle and East Raceway in the South Bend Central Allocation <br />Area (South Bend Allocation Area No. 1A) is hereby 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 Can - American South Bend Limited Partnership petition for <br />real property tax abatement. <br />Approved this 15th day of April, 1988, at the rescheduled <br />meeting of the South Bend Redevelopment Commission. <br />r� <br />ATTEST: <br />Roman Piasecki, Secretary <br />CAN -AMSB <br />11 <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />dent <br />