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HomeMy WebLinkAboutNo. 2529 approving an application for real property tax deduction (719 and 725 Turnock St.)RESOLUTION NO. A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6 -1.1- 12.1 -2(1) 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 (5) five years of real property tax abatement consideration from the Northeast Neighborhood Revitalization Organization, Inc. and Weiss Homes, Inc. for real property located at 719 and 725 Turnock Street in the Northeast Neighborhood Development Area, the development area location and legal description of which are attached hereto, marked Exhibit "A" and incorporated herein; and 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 719 and 725 Turnock Street is located within the Northeast Neighborhood Development Area Allocation Area; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from the Northeast Neighborhood Revitalization Organization, Inc. and Weiss Homes, Inc. for (5) five years of real property tax abatement consideration for property located at 719 and 725 Turnock Street in the Northeast Neighborhood Development Area Allocation 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 the Northeast Neighborhood Revitalization Organization, Inc. and Weiss Homes, Inc. Approved this day of December, 2008, at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION "/ ,9,,,Q X--/za X ATTEST: Marcia I. Jones, "e dent Nancy N. Kingq Secretary EXHIBIT A Address: 719 and 725 Turnock Street Legal Description: A part of the West half of the Southeast quarter of Section 1, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana, more particularly described as follows: Lots D and E of Turnock's subdivision of a part of Turnock and Mack's addition to the City of South Bend as recorded in Plat book 9, page 82, in the Office of Recorder of said county. Also including the North 7 feet of a 14 foot wide alley being the first east -west alley lying south of Kalorama Street between Turnock Street and the first north -south alley east of North St. Louis Boulevard. Subject to rights -of -way, easements, covenants, and restrictions of record. 0 Parcel Number: Parcel 1: 18 -5034 -1224 Parcel 2: 18- 5034 -1225 is