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RESOLUTION NO. 709 <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 <br />for property tax deduction may not be approved when the property <br />is located in an allocation area as defined in I.C. 36- 7- 14 -39, <br />unless the Redevelopment Commission which designated that <br />allocation area adopts a resolution approving that application; <br />and <br />WHEREAS, the South Bend Common Council has received a <br />petition for real property tax abatement consideration from J & G <br />Realty & Insurance Company for real property tax abatement <br />consideration for the property known as Disposition Parcel No. 6 <br />& 8 of the Monroe - Sample Development Area, the legal description <br />which is attached hereto, marked Exhibit "A ", and incorporated <br />herein; and <br />WHEREAS, this Commission declared the Monroe - Sample <br />Development Area by Resolution No. 633, adopted February 2, 1981, <br />and declared South Bend Allocation Area No. 3 by Resolution No. <br />633, adopted February 2, 1981. <br />WHEREAS, Disposition Parcel No. 6 & 8 of the Monroe Sample <br />Development Area is located within South Bend Allocation Area No. <br />3. <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend <br />Redevelopment Commission, as follows: <br />1. The Commission finds that the application of J & G <br />Realty and Insurance Company for real property <br />tax abatement consideration for real property tax <br />abatement on Disposition Parcel No. 6 & 8 in the <br />Monroe - Sample Development Area is hereby <br />approved. <br />2. That a copy of this resolution be forwarded to the <br />South Bend Common Council to indicate the <br />Commission's approval of J & G Realty and <br />Insurance Company's petition for real property <br />tax abatement. <br />Approved this 22nd day of June 1984, <br />at the regularly scheduled meeting of the South Bend <br />Redevelopment Commission. <br />REDEVELOPMENT COMMISSION <br />mtz; Pres <br />ATTEST: <br />K. i <br />PetEfr Donaldson, Secretary <br />