HomeMy WebLinkAboutNo. 2842 approving an application for real property tax deduction (815 Oliver Plow Ct.)RESOLUTION NO. 2842
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 the South Bend Redevelopment Commission
on behalf of Oliver Plow Partners, LP for real property tentatively identified as 815 Oliver Plow
Court 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 tentatively identified as 815 Oliver Plow Court is located within the
Airport Economic Development Allocation Area, Allocation Area No. 1.
ILNOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from the South Bend Redevelopment
Commission on behalf of Oliver Plow Partners, LP for up to eight (8) years of real property tax
abatement consideration for property tentatively identified as 815 Oliver Plow Court 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 the South Bend
Redevelopment commission on behalf of Oliver Plow Partners, LP.
Approved this 8`" day of February, 2011, at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Marcia I. Jones,jVesident
ATTEST:
IL 1:�i� �&"/
Nancy N. King, Se&4retary
A
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EXHIBIT A
LEGAL DESCRIPTION
Description: To be replatted as Lot 2 of Oliver Plow Works First Minor Subdivision (currently
identified as the east 4.4 acres of Lot 8 Oliver Plow Works)
Tax Key No.: Current Key Number is 018 - 3061 -2351
Address: Tentative address is 815 Oliver Plow Court,
South Bend, Indiana