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HomeMy WebLinkAboutNo. 2600 approving an application for real property tax deduction (vacant lot between 1016 and 1032 W. Washington St.)(into 2 parcels)RESOLUTION NO. 2600 0 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 five years of real property tax abatement consideration from South Bend Heritage Foundation for vacant real property located between 1016 and 1032 West Washington Street in the West Washington - Chapin Development Area, the legal description of which is attached hereto, marked Exhibit A and incorporated herein; WHEREAS, this Commission declared the West Washington- Chapin Development Area by Resolution No. 818, adopted October 23, 1987, and in the same resolution declared the West Washington- Chapin Allocation Area (South Bend Allocation Area No. 7) and WHEREAS, the vacant property located between 1016 and 1032 West Washington Street is located within the West Washington- Chapin Allocation Area (South Bend Allocation Area No. 7); 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 vacant property located between 1016 and 1032 West Washington Street in the West Washington- Chapin Allocation Area (South Bend Allocation Area No. 7) 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 18th day of September 2009 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: Xarrcia 0 qtazw 04-71y_t4 Nancy N. KinV__Secretary EXHIBIT A LEGAL DESCRIPTION Address: Vacant Lot Between 1016 and 1032 West Washington Street (to be replatted into 2 parcels) Current Legal Description: A tract of land 120.78 feet, East and West, by 144.64 feet, North and South, located in the Northeast corner of Bank Out Lot Numbered Eighty -nine (89) of the Second Plat of Out Lots to the Town, now City of South Bend, platted by the State Bank of Indiana. In the process of being replatted into two equal lots — Lots #1 and #2 of Washington Street Minor Subdivision. Current Parcel Number: 18- 3068 -2608 •