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No. 0822 approving an application for real property tax deduction (Keiffer/Zimpelman Partnership, 402-404 E. South St.)
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No. 0822 approving an application for real property tax deduction (Keiffer/Zimpelman Partnership, 402-404 E. South St.)
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11 <br />RESOLUTION NO. 822 <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 <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 Kieffer /Zimpelman Partnership for real property located at <br />402 -404 E. South Street in the South Bend Central Development Area, <br />the legal description of which is attached hereto, marked Exhibit <br />"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 402 -404 E. South Street <br />is located within the South Bend Central Allocation Area (South <br />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 />Kieffer /Zimpelman Partnership for ten years of real property <br />tax abatement consideration located at 402 -404 E. South Street <br />in the South Bend Central Allocation Area (South Bend <br />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 Kieffer /Zimpelman Partnership petition for real property <br />tax abatement. <br />Approved this 27th day of November, 1987, at the regularly <br />scheduled meeting of the South Bend Redevelopment Commission. <br />ATTEST: <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />tx <br />Roman Piasecki, Secretary <br />
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