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HomeMy WebLinkAboutNo. 2165 approving an application for real property tax deduction (715 and 717 Hill St.)A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6-1.1-12.1-2(l) 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 five years of real property tax abatement consideration from South Bend Heritage Foundation for real property located at 715 and 717 Hill Street in the Northeast Neighborhood Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; WHEREAS, this Commission declared the Northeast Neighborhood Development Area by Resolution No. 2016, adopted November 17, 2003, and in the same resolution declared the Northeast Neighborhood Development Area Allocation Area; and WHEREAS, the property located at 715 and 717 Hill Street is located within the Northeast Neighborhood Development Area; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from South Bend Heritage Foundation for five years of real property tax abatement consideration for property located at 715 and 717 Hill Street in the Northeast Neighborhood Development Area should be and 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 South Bend Heritage Foundation. Approved this 20th day of May 2005 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: Marcia I. Jones, P t Robert W. Hunt, Secretary 0 Exhibit A Legal Descriptions 715 Hill Street: Key #18 -5038 -1368: South' /2 Lot 10 and 14 feet Vacant Alley West and Adjacent Cedar Heights Addition 717 Hill Street: Key #18 -5038 -1367: North `/2 Lot 10 and 14 feet Vacant Alley West and Adjacent Cedar Heights Addition •