HomeMy WebLinkAboutNo. 2643 approving an application for personal property tax deduction (850 S. Marietta St., Suite 300)0 RESOLUTION NO. 2643
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL 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
personal property tax abatement consideration from Endeavor Machined Products, Incorporated for
personal property located at 850 South Marietta Street, Suite 300 in the South Bend Central
Development Area, the legal description of which is attached hereto, marked Exhibit "A" and
incorporated herein; and
WHEREAS, this Commission declared the South Bend Central Development Area by
Resolution No. 737, adopted May 10,1985, and in the same resolution declared the South Bend
Central Development Area, Allocation Area No. I A; and
WHEREAS, the property located at 850 South Marietta Street, Suite 300 is located within the
South Bend Central Development Area, Allocation Area No. 1 A;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from Endeavor Machined Products,
Incorporated for (5) five years of personal property tax abatement consideration for property located
at 850 South Marietta Street, Suite 300 in the South Bend Central Development Area, Allocation
Area No. IA, 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 Endeavor
Machined Products, Incorporated.
Approved this 15th day of January, 2010, at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Marcia I. Jones, P, s' ent
ATTEST:
Nancy N. King, ecretary
EXHIBIT A
LEGAL DESCRIPTION
Description: Lot lettered "Q" as shown on the recorded plat of Monroe Sample Replat,
recorded January 31, 1990, as document number 9002533 in the Office of the
Recorder of St. Joseph County, Indiana
Tax Key No.: 71- 08 -12- 454- 003.000 -026
Address: 850 South Marietta Street, Suite 300, South Bend, IN 46601
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