HomeMy WebLinkAboutNo. 2776 approving an application for real property tax deduction (926 N. St. Peter St.)RESOLUTION NO. 2776
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 Markus and Krupali Krusche for real property
located at 926 North St. Peter 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 926 North St. Peter 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 Markus and Krupali Krusche for (5)
five years of real property tax abatement consideration for property located at 926 North St. Peter
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 Markus and
Krupali Krusche.
Approved this 1st day of October, 2010, at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST: Marcia I. Jones6Wesident
7 2
Nancy N. King, Secreta
[A
A
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EXHIBIT A
LEGAL DESCRIPTION
Address: 926 North St. Peter Street
Legal Description:
The West half of Lot Numbered One Hundred Twenty -six (126) as shown on the recorded
Plat of Sorin's Second Addition to the Town of Lowell, now within and a part of the City of
South Bend, recorded July 27, 1860 in Plat Book 1, page 10 in the Office of the Recorder of
St. Joseph County, Indiana.
Containing .18 acres more or less, with tax identification numbers 18 -5107 -3773 and 18-
5107 -3774.