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HomeMy WebLinkAboutNo. 1708 approving an application for personal property tax deduction (Adapto-Indiana, Inc., West Cleveland Rd.)M RESOLUTION NO. 1708 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 on West Cleveland Road (as more particularly described on the attached Legal Description and Building Site Plan) 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 on West Cleveland Road (as more particularly described on the attached Legal Description and Building Site Plan) is located within the Airport Economic Development Allocation 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 on West Cleveland Road (as more particularly described on the attached Legal Description and Building Site Plan) in the Airport Economic Development Allocation 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 17th day of September 1999 at the regular meeting of the South Bend Redevelopment Commission. ATTEST: �► m Philip J. Facj,,,7,,-,,' Secretary vb:Resl708 SOUTH BEND REDEVELOPMENT COMMISSION Robert W. Hunt, President N EXHIBIT A 17.8 Acres Tract Line West %2 of NW Quarter Section 21 -38 -2E I a�o O NEW 50,0005E MANUFACTURING/ OFFICE FACRJTTr FOR I I� . stet ss I ADAPTO INC. • I te.aao i► ®� Q ® - `'��� • mEVELANO ROAD Aoar I aH — � I mm a, «aw -11.0 ACRES THE NOU -40AY GROUP --- -- --- - --- -I "h` I wr It left oilia I- I . p o I. - BUILDING SITE PLAN I I 1.64 ACRES I I ( 1.64 ACRES I TR A TECH --I I NS 1 I ELECTRIC, INC I � I I 1.48 ACRES I ( I 1.93 ACRES • _ I I I _ I � I CA 80 �. F O oO , • I^I LEr