HomeMy WebLinkAboutNo. 1910 approving an application for personal property tax deduction (FDC Graphic Films, Inc., 3820 William Richardson Dr.)RESOLUTION NO. 1910
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 FDC Graphic Films, Inc. for personal property located at
3820 William Richardson 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 3820 William Richardson 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 FDC Graphic Films, Inc. for five years of
personal property tax abatement consideration for property located at 3820 William Richardson 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 FDC Graphic Films, Inc.
Approved this 6' day of September 2002 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
Philip J. 176664, Secretary
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EXHIBIT A
LEGAL PROPERTY DESCRIPTION
A parcel of land in the Northeast quarter of Section 21, Township 38 North, Range 2
East, German Township, St. Joseph County, Indiana, and described as being Lot 6 of
the Toll Road Industrial Park - Section Four, as recorded under instrument number
8822752, dated August 18, 1988, at the office of the recorder, St. Joseph County,
Indiana, and containing 9.1421 acres, more or less, and is subject to all easements,
restrictions and or covenants of record.