RM 09-13-85 - Laserfiche WebLink

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South B Regular 6. NEW f. Redevelopment Commission !ting - September 13, 1985 ,INESS (Cont.) tinued... king that that alley just north of that ilding be vacated to help assemble this xcel of land for resale. Half of the cated alley would be given to the ajoining operty owner, Batteast Construction. The mmission is being asked to authorize omission of the petition to the Board of blic Works and the final decision by the ty Council. The property owners on the her side of the alley are supportive of the cation and are expected to join in the tition request. . Kolata noted that the contract for Dlition of the former Crescent Electric lding has been bid through the Board of lic Works. The bid has not been awarded to a question on the bonding ability of low bidder. Upon a motion made by Ms. Auburn, seconded by Combs and unanimously carried, the Commission authorized the request to petition for vacation of an alley in the vicinity of Niles and LaSalle Avenues within the South Bend Central Development Area. g. Cxxmission approval requested for Resolution F 749 approving an a� erty tax deduction. :)lication for real . Hunt explained that because the abatement tition involves property located within the K Increment Financing Allocation Area, the rmission is required to take action prior to Knitting the petition to the Common Council. Hedy Robinson gave the staff report. All ormation requested on the petition was plied. The property is properly zoned for proposed use. The property is located in area designated as a Tax Abatement Impact a by the South Bend Common Council. The perty is located in a Tax Incremental ancing Area. The amount of taxes to be ted over a ten year period is $69,567.00. 3012 COMMISSION AUTHORIZED THE REQUEST TO PETITION FOR VACATION OF AN ALLEY IN THE VICINITY OF NILES AND LaSALLE AVENUES WITHIN THE SOUTH BEND CENTRAL DEVELOPMENT AREA