Laserfiche WebLink
RESOLUTION NO. 704 <br />A RESOLUTION APPROVING AN APPLICATION <br />FOR 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 area <br />adopts a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition <br />for real property tax abatement consideration from Crescent Realty <br />Corporation for real property tax abatement consideration for the <br />property known as Disposition Parcel No. 18 of the Monroe - Sample <br />Development Area, the legal description which is attached hereto, <br />marked Exhibit "A," and incorporated herein; and <br />WHEREAS, this Commission declared the Monroe - Sample Development <br />Area by Resolution No. 633, adopted February 2, 1981, and declared <br />South Bend Allocation Area No. 3 by Resolution No. 633, adopted <br />February 2, 1981. <br />WHEREAS, Disposition Parcel No. 18, Monroe - Sample Development <br />Area is located within South Bend Allocation Area No. 3. <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission, as follows: <br />1. The Commission finds that the application of Crescent <br />Realty Corporation for real property tax abatement consideration for <br />real property tax abatement on Disposition Parcel No. 18 in the <br />Mcnroe- Sample Development Area 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 <br />Crescent Realty Corporation petition for real property tax <br />abatement. <br />REDEVELOPMENT COMMISSION <br />cl ja_ /V <br />Paula N. Auburn, Vice President <br />ATTEST: <br />Approved: April 27, 1984 <br />