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4866-20 Designating Real Property Tax Abatement for Commonwealth Dev. Corp.
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4866-20 Designating Real Property Tax Abatement for Commonwealth Dev. Corp.
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9/17/2020 11:26:03 AM
Creation date
9/17/2020 11:16:12 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
8/24/2020
Ord-Res Number
4866-20
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ABATEMENT QUALIFICATION <br />1. A review of the tax abatements previously granted, finds that the petitioner has not <br />been granted oris associated with any previous abatements. <br />2. The Area Plan Commission has reviewed the petition and finds the property to be <br />properly zoned for the proposed project. <br />3. A review of the South Bend Redevelopment designation areas finds that the property <br />is located in a River West Development Area. <br />4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner <br />meets the qualifications for a (9) nine-year real property tax abatement under section <br />2-77, Multi -Family Residential Developments. <br />Filed in Clerk's Oifice <br />AUG .1, 9 2020 <br />2 1 e;e <br />IN <br />
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