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HomeMy WebLinkAboutNo. 2161 approving an application for real property tax deduction (Stanz Cheese Co., Inc., Lot 5 of US 31 Industrial Park Phase II in the AEDA)• C-1 RESOLUTION NO. 2161 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 ten years of real property tax abatement consideration from Stanz Cheese Co., Inc. dba Stanz Foodservice, Inc. for real property located at Lot 5 of the US 31 Industrial Park Phase II in the Airport Economic Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Airport Economic Development Area by Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Airport Economic Development Allocation Area, Allocation Area No. 1; and WHEREAS, the property located at Lot 5 of the US 31 Industrial Park Phase II is located within the Airport Economic Development Allocation Area, Allocation Area No. 1. NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Stanz Cheese Co., hie. dba Stanz Foodservice, hie. for ten years of real property tax abatement consideration for property located at Lot 5 of the US 31 Industrial Park Phase II in the Airport Economic Development Allocation Area, Allocation Area No. 1, 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 personal property tax abatement for Stanz Cheese Co., Inc. dba Stanz Foodservice, Inc. Approved this 15th day of April 2005 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Marcia I. Jone resident