My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
RM 05-17-96
sbend
>
Public
>
Redevelopment Commission
>
Minutes
>
1990-1999
>
1996
>
RM 05-17-96
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/2/2012 3:34:47 PM
Creation date
10/8/2012 3:19:22 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
24
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
South Bend Redevelopment Commission <br />Meeting - May 17, 1996 <br />6. NEW BUSINESS (Cont.) <br />h. continued.... <br />property tax abatements. The building <br />commissioner has reviewed the petition <br />and has found the properties to be <br />properly zoned for the proposed use. A <br />review of the tax abatement maps fords <br />that the property is not located in an area <br />presently designated as a Tax Abatement <br />Impact Area. A review of the <br />Redevelopment allocation areas finds that <br />the property is located in the Sample - <br />Ewing Development Area which is a Tax <br />Incremental Financing Allocation Area; <br />therefore, the petition first requires the <br />approval of the South Bend <br />Redevelopment Commission. A review <br />of the Tax Abatement finds that Steel <br />Warehouse meets the qualifications for a <br />five year real property tax abatement. <br />With projected project cost of $900,000 <br />and $975,000. The taxes due over a five <br />year period would be approximately <br />$9,500. The taxes to be paid would be <br />approximately $1,500. The amount to <br />be abated per property would be <br />approximately $8,000. <br />Upon a motion by Mr. Robert Hunt, <br />seconded by Mr. Donoho and <br />unanimously carried, the Commission <br />approved Resolution No. 1434 approving <br />an application for real property tax <br />deduction for property located at 1911, <br />1917, 1921, 2001, 2006, 2014, 2022, <br />2108, 2112, 2120, 2205, 2211, 2233, <br />and 2239 South Meade Street in the <br />-14- <br />COMMISSION APPROVED RESOLUTION <br />NO. 1434 APPROVING AN APPLICATION <br />FOR REAL PROPERTY TAX DEDUCTION <br />FOR PROPERTY LOCATED IN THE SAMPLE - <br />EWING DEVELOPMENT AREA <br />
The URL can be used to link to this page
Your browser does not support the video tag.