HomeMy WebLinkAboutNo. 2847 approving an application for personal property tax deduction (5102 Dylan Dr.)RESOLUTION NO. 2847
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 Global Parts Network, LLC, for personal property located
at 5102 Dylan 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 5102 Dylan 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 Global Parts Network, LLC, for (5) five
years of personal property tax abatement consideration for property located at 5102 Dylan 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 Global
Parts Network, LLC.
Approved this 22 "d day of February, 2011, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
64L4a�— C AZ6
Marcia I. Jones, Pr dent
ATTEST:
law–, "'r
%� Nancy N. Kin ill Secretar
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EXHIBIT A
LEGAL DESCRIPTION
Description: Lot 1 of Portage Prairie Minor Subdivision # 1
Tax Key No.: 025 -1009- 014603
Address: 5102 Dylan Drive
South Bend, IN 46628