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South Bend Redevelopment Commission <br />Regular Meeting - April 7, 2000 <br />6. NEW BUSINESS (CONT.) <br />b. continued.... <br />Per the petition, it is estimated that this <br />project will create one new, permanent <br />job within the first year, representing a <br />new annual payroll of $12,000. <br />A review of the tax abatements <br />previously granted finds that Batteast <br />Construction has not been granted any <br />previous tax abatements. <br />The building commissioner has reviewed <br />the petition and finds the property to be <br />properly zoned for the proposed project. <br />A review of the designated South Bend <br />Redevelopment areas finds that the <br />property is located in the West <br />Washington- Chapin Development Area, <br />which is a Tax Incremental Area; <br />therefore, the petition for personal <br />property tax abatement must first be <br />approved by the South Bend <br />Redevelopment Commission. <br />A review of the Tax Abatement <br />Ordinance finds that Batteast <br />Construction meets the qualifications for <br />a six -year real property tax abatement <br />under Warehouse Development in <br />Economic Development Target Areas, <br />Urban Enterprise Zone and <br />Redevelopment Blighted Areas. <br />am <br />