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RM 09-15-00
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RM 09-15-00
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South Bend Redevelopment Commission <br />Regular Meeting - September 15, 2000 <br />6. NEW BUSINESS (CONT.) <br />L continued... <br />amount of $3,882.90. He noted that the company <br />is the only one in the area who does aerial <br />photography. <br />Upon a motion by Mr. Kahn, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission approved the proposal for <br />professional services in Airport Economic <br />Development Area. (Aerial photography and <br />mapping) <br />g. Commission approval for Resolution No. 1794 <br />approving an application for real property tax <br />deduction for property located at 1402 and <br />1408 West Washington in the West <br />Washington Chapin Development Area. <br />(South Bend Heritage Foundation) <br />Ms. Moran presented the tax abatement report. <br />The project consists of the construction of two <br />new houses that will be sold to owner occupants. <br />The total cost of the project is $155,580.00, or <br />approximately $77,790.00 per house. She noted <br />that the property is properly zoned and is located <br />in the West Washington- Chapin Development <br />Area, which is a Tax Incremental Allocation <br />Area and is qualified for a five (5) year tax <br />abatement. Ms. Moran reported that according to <br />the estimated tax abatement schedule, the cost of <br />the 5 -year abatement would be approximately <br />$7,228.23. <br />Upon a motion by Mr. Kahn, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission approved Resolution No. 1794 <br />approving an application for real property tax <br />deduction for property located at 1402 and 1408 <br />West Washington in the West Washington - <br />Chapin Development Area. (South Bend <br />Heritage Foundation) <br />-8- <br />COMMISSION APPROVED THE PROPOSAL <br />FOR PROFESSIONAL SERVICES IN THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA <br />(AERIAL PHOTOGRAPHY AND MAPPING) <br />COMMISSION APPROVED RESOLUTION <br />NO. 1794 APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION FOR <br />PROPERTY LOCATED AT 1402 AND 1408 <br />WEST WASHINGTON IN THE WEST <br />WASHINGTON - CHAPIN DEVELOPMENT AREA <br />(SOUTH BEND HERITAGE FOUNDATION) <br />
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