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RM 06-05-98
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RM 06-05-98
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South Bend Redevelopment Commission <br />Regular Meeting - June 5, 1998 <br />6. NEW BUSINESS (CONT.) <br />e. continued.... <br />abatement. <br />The building commissioner has <br />reviewed the petition and finds the <br />property to be properly zoned for the <br />proposed project. A review of the <br />designated South Bend Redevelopment <br />areas finds that the property is located <br />in the Airport Economic Development <br />Area, which is a Tax Incremental <br />Allocation area; therefore, the petition <br />for real property tax abatement must <br />first be approved by the South Bend <br />Redevelopment Commission. A review <br />of the Tax Abatement Ordinance finds <br />that Crescent Michiana Properties, LLC <br />does not meet the qualifications for an <br />abatement due to the location and use of <br />the proposed building. The use of the <br />proposed building will be for <br />processing data, printing, sorting and <br />mailing of credit card statements. This <br />particular development is not within <br />one of the areas designated for office <br />tax abatement. <br />With the knowledge that the project <br />does not meet the specific requirements <br />for abatement, Crescent Michiana <br />Properties, LLC is respectfully <br />requesting consideration of a special <br />exception real property tax abatement <br />for several reasons. First, the developer <br />has cited the long standing of the <br />Associates company in South Bend <br />with over 80 years of some form of <br />-7- <br />
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