HomeMy WebLinkAboutNo. 1855 approving an application for personal property tax deduction (AQM Products, 400 W. Sample St.)-Ab
RESOLUTION NO. 1855
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 five years of
personal property tax abatement consideration from AQM Products, Inc. for personal property
located at 400 W. Sample Street 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 Development Area 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 property located at 400 W. Sample Street is 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 AQM Products, Inc. for five years of
personal property tax abatement consideration for property located at 400 W. Sample Street 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 personal property tax abatement for AQM
Products, Inc.
Approved this 7' day of December 2001 at the regular meeting of the South Bend
Redevelopment Commission.
ATTEST:
Philip J. cc da, Secretary
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
It
EXHIBIT A
LEGAL DESCRIPTION OF REAL PROPERTY
A part of the Southeast Quarter (SE '' /.) of Section 20 and part of the Southwest Quarter (SW '/4) of Section
21, Township 38 North, Range 2 East, situate in German Township, St. Joseph County, Sate of Indiana,
and being more particularly described as follows:
Lots numbered ten (10) and eleven (11) as shown on the recorded plat of H.G. Baus Centre — Phase One,
recorded March 16, 1995 as document Number 9507104 in the Office of the Recorder of St. Joseph
County, Indiana.