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HomeMy WebLinkAboutNo. 2069 approving an application for personal property tax deduction (Curtis Products, Inc., 702 and 722 S. Carroll St.)RESOLUTION NO. 2069 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 (5) years of personal property tax abatement consideration from Curtis Products, Inc. for personal property located at 702 and 722 South Carroll Street 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 702 and 722 South Carroll Street is located within the South Bend Central Development Area, Allocation Area No. IA; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Curtis Products, Inc. for five (5) years of ILI personal property tax abatement consideration for properties located at 702 and 722 South Carroll Street in the South Bend Central Development Area, Allocation Area No. IA, should be and is hereby approved. G 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 Curtis Products, Inc. Approved this 2 "d day of July 2004 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: LEGAL DESCRIPTION; A part of the East Half of the Southwest Corner, Section 12, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana, more particularly described as follows: Lots B, C, D. E, H, I, K and part of vacated alleys south of Bronson Street, east of Carroll Street and west of Fellows Street, Sample's Subdivision of Denniston and Fellows Addition; and A Lots P through V and part of Lots W, Y, Z, AA, AB, AC, AD and adjacent vacated alleys, Sample's Subdivision of Denniston and Fellows Addition; and Lot L and the west 53 feet of Lot M and parts of vacated alleys north of Lot L and west of Lot L and west and south, Denniston and Fellows Addition; and Lot E and one half vacated alley south and east adjacent, Sample's Subdivision of Lot 26 -27 -28 of Denniston and Fellows Addition; and Lot M excluding west 53 feet and part of vacated alley south and adjacent and west 25 feet of vacated Columbia Street, Lots 26 -27 -28 of Denniston and Fellows Addition; and Lot N and part of vacated alleys north and adjacent and west and adjacent and west half of vacated Columbia Street., Lots 26 -27 -28 of Denniston and Fellows Addition. Lx��;6:f