HomeMy WebLinkAboutNo. 1833 approving an application for real property tax deduction (American Home Dreams, Inc.)RESOLUTION NO. 1833
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 five years of real
property tax abatement consideration from American Home Dreams, Inc. for real properties located
at 138, 701, and 705 Broadway in the Sample -Ewing Development Area, the legal description of
which is attached hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, this Commission declared the Sample -Ewing DevelopmentArea by Resolution
No. 1222, adopted February 4, 1994, and in the same resolution declared the Sample -Ewing
Development Area, Allocation Area No. 8; and
WHEREAS, the properties located at 138, 701, and 705 Broadway are located within the
Sample -Ewing Development Area, Allocation Area No. 8;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from American Home Dreams, Inc. for five
years of real property tax abatement consideration for properties located atl38, 701, and 705
Broadway in the Sample -Ewing Development Area, Allocation Area No. 8, 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 American
Home Dreams, Inc.
Approved this 6' day of April 2001 at the regular meeting of the South Bend Redevelopment
Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
�. � "10 Philip J. - �W�
Wda,'Secretary
or
Marcia Jones, Vice President
dp:Res. 1833
EXHIBIT A
138 Broadway Lot 28 and 29 in Haney's Addition
701 Broadway Lot 184 in Wenger and Krieghbaum's Replat of Wengers's 61 Addition
705 Broadway Lot 185 in Wenger and Krieghbaum's Replat of Wengers's 6`h Addition