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HomeMy WebLinkAboutNo. 2608 approving an application for real property tax deduction (1015 N. Frances St.)RESOLUTION NO. 2608 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 Peter & Nancy Kilpatrick for real property located at 1015 North Frances 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 1015 North Frances 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 Peter & Nancy Kilpatrick for (5) five years of real property tax abatement consideration for property located at 1015 North Frances 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 Peter & Nancy Kilpatrick. Approved this 16th day of October, 2009, at -the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: Marcia I. Jones, esident 74�� Nancy N. Kin , Secretary • t EXHIBIT A LEGAL DESCRIPTION Address: 1015 North Frances Street Legal Description: That part of the Northeast Quarter of Section 1, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana which is described as: Lot B of the plat of "Frances Street Minor Subdivision" recorded as Document No. 0835847 in the records of the St. Joseph County, Indiana Recorder's Office Containing 0.185 acres more or less. Subject to all legal highways, easements and restrictions of record. Tax Key Number: 18 -5105- 3672.01