HomeMy WebLinkAboutNo. 2050 approving an application for residential real property tax deduction (Semion & Natalia Lyandres, 1105 Frances St.)RESOLUTION NO. 2050
A RESOLUTION APPROVING AN APPLICATION FOR
RESIDENTIAL REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6- 1.1- 12.1 -2(l) 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
residential real property tax abatement consideration from Semion and Natalia Lyandres for real
property located at 1105 Frances Street in the Northeast Neighborhood Development Area, the legal
description of which is attached hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, this Commission declared the Northeast Neighborhood Development Area by
Resolution No. 2016, adopted November 17, 2003, and in the same resolution declared the
Northeast Neighborhood Development Area Allocation Area; and
WHEREAS, the property located at 1105 Frances Street is located within the Northeast
Neighborhood Development Area Allocation;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from Semion and Natalia Lyandres for five
years of real property tax abatement consideration for property located at 1105 Frances Street in the
Northeast Neighborhood Development Area Allocation Area, 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 residential real property tax abatement for
1105 Frances Street.
Approved this 16th day of April 2004 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
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