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HomeMy WebLinkAboutNo. 2645 approving an application for real property tax deduction (7055 Cleveland Rd.)RESOLUTION NO. 2645 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 up to eight (8) years of real property tax abatement consideration from Patterson Logistic Services, Inc. for real property located at 7055 Cleveland Road 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 7055 Cleveland Road 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 Patterson Logistics Services, Inc. for up to eight (8) years of real property tax abatement consideration for property located at 7055 Cleveland Road 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 real property tax abatement for Patterson Logistics Services, Inc. Approved this 5"' day of February, 2010, at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION .1dAj ( 1,00,0 Marcia I. Jones 6P sident ATTEST: Nancy N. King, ecretary EXHIBIT A LEGAL DESCRIPTION Description: Lot numbered Two (2) as shown on the recorded plat of Kidder's Olive Road Minor Subdivision, recorded April 17, 1998 as Document Number 9818752 in the Office of the Recorder of St. Joseph County, Indiana. Tax Key No.: 71- 03 -19- 300 - 003 - 000 -009 or 025- 1011- 018601 Address: 7055 Cleveland Rd. South Bend, Indiana •