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RESOLUTION NO. 714 <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 One <br />Michiana Square for real property tax abatement consideration for <br />the property located at 100 E. Wayne of the Downtown Urban <br />Renewal Area R -66, the legal description which is attached <br />hereto, marked Exhibit "A' and incorporated herein; and <br />WHEREAS, this Commission declared the Downtown Urban Renewal <br />Area R -66 by Resolution No. 615, adopted June 6, 1980, and <br />declared Central Downtown Urban Renewal Allocation Area No. 1 by <br />Resolution No. 615 adopted June 6, 1980; and <br />WHEREAS, the Commission expanded and redeclared the Central <br />Downtown Urban Renewal Area by Resolution No. 690, adopted <br />October 14, 1983, and therein declared Amended Allocation Area <br />No. 1; and <br />WHEREAS, property located at 100 E. Wayne is located within <br />the Central Downtown Urban Renewal Amended Allocation Area No. <br />1. <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend <br />Redevelopment Commission as follows: <br />1.) The Commission finds that the application of One Michiana <br />Square for real property tax abatement consideration for <br />real property tax abatement on property located at 100 E. <br />Wayne in the Central Downtown Urban Renewal Amended <br />Allocation Area No. 1 is hereby approved. <br />2.) That a copy of this <br />Bend Common Council <br />One Michiana Square <br />abatement. <br />Approved this 24th <br />scheduled meeting of the <br />ATTEST: <br />resolution be forwarded to the South <br />to indicate the Commission approval of <br />petition for real property tax <br />day of August, 1984, at the regularly <br />South Bend Redevelopment Commission <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />mtzi rresi.ae <br />