HomeMy WebLinkAboutNo. 2020 approving an application for personal property tax deduction (Adapto-Indiana, Inc., 3722 Foundation Ct.)RESOLUTION NO. 2020
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 Adapto - Indiana, Inc. for personal property
located at 3722 Foundation Court 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 3722 Foundation Court is located within the Airport
Economic Development 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 Adapto - Indiana, Inc. for five years of
personal property tax abatement consideration for property located at 3722 Foundation Court in
the Airport Economic Development 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
Adapto - Indiana, Inc.
Approved this 5'h day of December 2003 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
Marcia I. Jones, vi President
F:\HONIE\PMORRIS\Wpdata\Resolutions\RES202O.wpd
EXHIBIT A
Adapto - Indiana, Inc.
City of South Bend Petition for
Tangible Personal Property Tax Abatement Consideration
Legal description of 3722 Foundation Court, South Bend, IN 46628
A parcel of land located in the Metro -Aledo Minor Subdivision, Lot 2, German
Township, St. Joseph County, Indiana.
Im