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r <br />RESOLUTION NO. 2423 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION <br />WHEREAS, LC. 6-1.1-12.1-2(1) provides that an application forpropertytax deduction may <br />not be approved when the property is located in an allocation area as defined in I.C. 36-7-14-39, <br />unless the Redevelopment Commission which designated that allocation area adopts a resolution <br />approving that application; and <br />WHEREAS, the South Bend Common CoLmcil has received a petition for six (6) years of real <br />property tax abatement consideration from Ryan Fireprotection, Inc., for real property located at <br />3950 William Richardson Court in the Airport Economic Development Area, the legal description of <br />which is attached hereto, marked Exhibit "A" and incorporated herein; and <br />WHEREAS, this Commission declared the Airport Economic Development Area by <br />Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Airport <br />Economic Development Allocation Area, Allocation Area No. 1; and <br />WHEREAS, the property located at 3950 William Richardson Court is located within the <br />Airport Economic Development Allocation Area, Allocation Area No. 1. <br />NOW> THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission <br />as follows: <br />I) The Commission finds that the application from Ryan Fireprotection, Inc., for six (6) <br />years of real property tax abatement consideration for property located at 3950 William Richardson <br />Court in the Airport Economic Development Allocation Area, Allocation Area No. 1, should be and <br />is hereby approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common Council to <br />indicate the Commission's approval of the petition for real property tax abatement for Ryan <br />Fireprotection, Inc. <br />Approved this 21st day of December, 2007, at the regular meeting of the South Bend <br />Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />arcia I. Jones, resident <br />• <br />