Designating Tax Abatement - Matthew R. Dee 840 Prairie Ave. (6 Year Real Property)

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RESOLUTION NO. 1237 A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I. C. 6- 1.1- 12.1 -20) provides that an application for property tax deduction may not be approved when the property is located in an allocation area as defined in I.C. 36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area adopts a resolution approving that application; and WHEREAS, the South Bend Common Council has received a petition for six years of real property tax abatement consideration from Matthew R. Dee (dba: United Beverages, Inc.) for real property located at 840 Prairie Avenue in the Sample -Ewing Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Sample -Ewing Development Area by Resolution No. 1222, adopted February 4, 1994, and in the same resolution declared the Sample - Ewing Development Area, Allocation Area No. 8; and WHEREAS, the property located at 840 Prairie Avenue is located within the Sample - Ewing Development Area, Allocation Area No. 8; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Matthew R. Dee (dba: United Beverages, Inc.) for six years of real property tax abatement consideration for property located at 840 Prairie Avenue in the Sample -Ewing Development Area, Allocation Area No. 8, is hereby approved. 2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the Commission's approval of the petition for real property tax abatement for Matthew R. Dee (dba: United Beverages, Inc.). Approved this 11th day of March 1994, at the special meeting of the South Bend Redevelopment Commission. Paula N. Auburn, President ATTEST: Theo F. Sharp, Secretary ML:Resl237