HomeMy WebLinkAboutNo. 1985 approving an application for real property tax deduction (Axelberg & Axelberg, LLC)w
RESOLUTION NO. 1985
(60� 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 years of
real property tax abatement consideration from Axelberg & Axelberg, LLC for real property
located at 2025 S. Main 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 2025 S. Main Street is located within the Sample -
Ewing Development Area, Allocation Area No. 8;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
ILI Commission as follows:
1) The Commission finds that the application from Axelberg & Axelberg, LLC for ten
years of real property tax abatement consideration for property located at 2025 S. Main 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 real property tax abatement for Axelberg &
Axelberg, LLC.
Approved this 3`d day of July 2003 at the rescheduled regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST:
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IL
F:\IiOME\PMORRIS\Wpdata\Resolutions\Resl985.wpd
Exhibit A
Legal description
Key# 18- 8011 -0489:
LOTS 37 TO 48 & 14' VAC ALLEY W & ADJ & SO 48' BOWMAN ST & VAC DONALD ST
BOWMAN'S 1ST ADDN.
Key# 18- 8012 - 056702:
IREG TRACT BEG 14'W & 18'S OF SW COR LOT 36 BOWMANS & BEING PT OF W112
SW1 /4 SEC 13 -37 -2E CONT 1.85 AC +/-
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