HomeMy WebLinkAboutNo. 2841 approving an application for personal property tax deduction (3849 Showerlux Dr.)RESOLUTION NO. 2841
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 South Bend Gear, LLC, for personal property located at
3849 Showerlux Drive 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 3849 Showerlux Drive 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 South Bend Gear, LLC, for (5) five years
of personal property tax abatement consideration for property located at 3849 Showerlux Drive 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 personal property tax abatement for South
Bend Gear, LLC.
Approved this 8" day of February, 2011, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
(A�— k, , 11--�
Marcia I. Jone,-3�President
ATTEST:
Nancy N 61 g, Secret ry
14
EXHIBIT A
LEGAL DESCRIPTION
Description: This real estate is commonly described as: vacant land North of and adjacent to
4701 Nimtz Parkway, said property having frontage on Showerlux Drive, South Bend, Indiana
46628 and is legally described as follows: that part of the Southeast Quarter of Section 20 and
the Southwest quarter of Section 21, both in Township 38 North, Range 2 East, German
Township, City of South Bend, St. Joseph County, Indiana which is described as: Lot # l0A as
shown on the plat of "H.G. Baus Centre -Phase One First Replat" subdivision recorded by
Document No. 0746267 in the records in the Office of the Recorder of St. Joseph County,
Indiana. Containing 5.54 acres more or less. Subject to all legal highways, easements and
restrictions of record,
Tax Key No.: 71- 03 -21- 300 - 001.000 -009
Address: 3849 Showerlux Drive
South Bend, IN 46628