HomeMy WebLinkAboutNo. 1926 approving an application for real property tax deduction (Northern Indiana Canteen Corp.)d �
RESOLUTION NO. 1926
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 three years of real
property tax abatement consideration from Edison Lake View Assoc., L.L.P. and Advantage Puck
Technologies for real property located at 1850 N. Sheridan Avenue 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 1850 N. Sheridan Avenue 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 Edison Lake View Assoc., L.L.P. and
Advantage Puck Technologies for three years of real property tax abatement consideration for property
located at 1850 N. Sheridan Avenue 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 Edison Lake
View Assoc., L.L.P. and Advantage Puck Technologies.
Approved this 6`h day of December 2002 at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
ATTEST:
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HApdatalResolutionMes 1926.apd
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
to PARCEL 1
EXHIBIT A
TAXIR012 -06 REAL PROPERTY — LEGAL DESCRIPTION
18 2184 693808
TAX 2001 PAY 2002
NORTHERN INDIANA CANTEEN CORP.
1850 N. SHERIDAN
SOUTH BEND, IN 46628
LEGAL DESC 1: SOUTH PART LOT 9 -A
2: INDUSTRIAL PARK
3: SEC 33 -38 -2E
PARCEL2
TAX 1 R012 -06 REAL PROPERTY — LEGAL DESCRIPTION
25 1006 029901
TAX 2001 PAY 2002
CANTEEN CORP.
1850 N. SHERIDAN
SOUTH BEND, IN 46628
LEGAL DESC 1: SW 1 -4 OF THE NE 1 -4
(Revised 8/2/02)
2: SEC 33 -38 -2E
3: BEG 135.18'N OF THE
4: SW COR 1.29 AC
10