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South Bend edevelopment Commission <br />Rescheduled egular Meeting - April 20, 1990 <br />6. NEW BUSINESS (Cont.) <br />d. continued... <br />Ms. Robinson noted that the property is <br />still owned by the Redevelopment <br />ComLission, whose officers signed the tax <br />abatement application for the Schramms. <br />Mrs. Kolata noted that the Sck=mns have <br />'tted their plans for the project for <br />appiaval from the State and will close on <br />the property as soon as they receive that <br />Mrs. Kolata asked if the petition listed <br />the units as condominiums. She <br />understood that they would be built as <br />apaitments and converted to condos. Mrs <br />Robinson responded that the petition <br />listed them as condos. <br />Ms. Auburn, noting that the taxes to be <br />pai were estimated at nearly $30,000, <br />asked what the current taxes are for the <br />property. Ms. Robinson responded that <br />since the Redevelopment Commission owned <br />the property, no taxes are paid on the <br />property at the present time. <br />UPOI <br />Mr. <br />Comm <br />app: <br />of : <br />prq <br />the <br />Ms. <br />r1he <br />to c <br />to t <br />the <br />a motion by Mr. Combs, seconded by <br />- iasecki and unanimously carried, the <br />ssion approved Resolution No. 930 <br />wing an application for three years <br />al property tax deduction for <br />rty located at 109 N. Hill Street in <br />outh Bend Central Development Area. <br />on read the staff report <br />the tax abatement application. <br />tioner, 3-G Properties, proposes <br />rust a 6,100 square foot addition <br />existing building to allow for <br />nsion of their metal hose <br />-5- <br />