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<br /> <br />RESOLUTION NO. 2276 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION <br />WHEREAS, I.C. 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 Council has received a petition for (4) four years of <br />real property tax abatement consideration from Elkhart Plastics, Inc., for real property located at <br />3300 N. Kenmore Street in the Airport Economic Development Area, the legal description of which <br />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 3300 N. Kenmore Street is located within the Airport <br />Economic Development Allocation Area, Allocation Area No. 1. <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission <br />as follows: <br />1) The Commission finds that the application from Elkhart Plastics, Inc., for (4) tour years of <br />real property tax abatement consideration for property located at 3300 N. Kenmore Street in the <br />Airport Economic Development Allocation Area, Allocation Area No. 1, should be and is hereby <br />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 Elkhart <br />Plastics, Inc. <br />Approved this 3`d day of November, 2006, at the regular meeting of the South Bend <br />Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />iC~~~,~ ~. ' -= =~ tic, <br />~ \~ c` ~~ <br />arcia ones, red ent <br />ATTEST: <br />i <br />r ry o s, ecr <br />