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Resolution No. 3600 (Determining Tax Increment to be Collected in Year 2025)
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Resolution No. 3600 (Determining Tax Increment to be Collected in Year 2025)
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10/2/2024 11:44:54 AM
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EXHIBIT B <br />(Form of Letter) <br />Date <br />Mr./Ms. [Name] <br />Taxing Unit Address <br />Subject: Request Regarding Capture of Incremental Assessed Value for the City of South Bend <br />Dear Mr./Ms. [Name]: <br />In accordance with the provisions of Indiana Code Section 36-7-14-39, the South Bend <br />Redevelopment Commission has determined by Resolution No. 3600, passed May 9, 2024, that <br />there is no excess assessed value that may be allocated to the respective taxing units in the <br />manner prescribed in Indiana Code Section 36-7-14-39(b)(1). <br />The Allocation Areas of the City of South Bend covered by this letter are as follows: <br />River West Development Area <br />West Washington Chapin Development Area <br />River East Development Area Allocation Area # 1 <br />River East Development Area Allocation Area #2 <br />South Side General Development Area #1 <br />Douglas Road Economic Development Area <br />Thank you. <br />Sincerely, <br />South Bend Redevelopment Commission <br />Troy Warner <br />President
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