HomeMy WebLinkAboutNo. 1959 approving an application for real property tax deduction (Rescue, Inc., Hope Housing L.P.)w
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RESOLUTION NO. 1959
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 ten (10) years
of real property tax abatement consideration from Rescue, Inc. and Hope Housing L. P. for real
property located at 432 S. Lafayette in the South Bend Central Development Area, the legal
description of which is attached hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, this Commission declared the South Bend Central Development Area by
Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South Bend
Central Development Area, Allocation Area No. 1 A; and
WHEREAS, the property located at 432 S. Lafayette Street is located within the South
Bend Central Development Area, Allocation Area No. 1 A;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1) The Commission finds that the application from Rescue, Inc. and Hope Housing L.P. for
ten (10) years of real property tax abatement consideration for property located at 432 S. Lafayette
Street in the South Bend Central Development Area, Allocation Area No. IA, 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 Rescue, Inc.
and Hope Housing L. P.
Approved this 21 st day of February 2003 at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
ATTEST:
Philip J. F c a, 9ec retary
HAWpdata\Resolutions\RES 1959.wpd
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
f..
A
14
A
Exhibit A
A Part of the Southwest Quarter of Section 12, Township 37 North, Range 2
East, Portage Township, City of South Bend, St. Joseph County, Indiana, and
more particularly described as; Lots 52, 53 and 54 of Samuel Martin's
Addition