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HomeMy WebLinkAboutNo. 1756 approving an application for real property tax deduction (G & B Realty, LLC, 1137 S. Lafayette)RESOLUTION NO. 1756 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 G & B Realty, LLC for real property located at 1137 S. Lafayette 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 DevelopmentArea 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 1137 S. Lafayette is located within the Sample -Ewing Development Area, Allocation Area No. 8; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from G & B Realty, LLC for ten years of real property tax abatement consideration for property located at 1137 S. Lafayette 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 G & B Realty, LLC. Approved this 19th day of May 2000 at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Robert W. Hunt, President ATTEST: , Marcia I. Jones, Vice President May -08 -00 02:05P Exacto, Inc 219 288 5780 P.02 T "EXHIBIT A" / BEGINNING AT THE SW CORNER OF LOT 7 THENCE, N ALONG THE E RIGHT -OF -WAY OF SANLAL.LEY AODI'STANCEOOF 336,06 FEET + OR - TO A FOINT; SAID POINT BEING THE NW CORNER OF THE S I/2 CF LOT 64, SOUTH BEND CITY EDITION; THENCE, E ALONG THE NCP.TF;ERN BOUNDARY OF SAID 1/2 OF LOT 64 WHICH IS ON THE WESTERN FIGHT-OF-WAY CF THENCE, S A DISTANCE OF 275 FEET + LAFTHETTE BLVD.; LOT 6, S T L,�L,_ ' S SECOND CR - TO THE Sc COFNEP. OF cCOND EDITION; THENCE, W A DISTANCE OF 125 FEET TO A POI,`1T; T1- ic,�10E, S 66 FEET T FEZ- TO A POINT OF BEGINNING. O A POINT; THENCE, W 40 �GINN_NG. ALL BEING WITHIN THE CITY OF SOUTH BEND, COUNTY OF ST. JOSEPH, STATE CF INDIANA. THE KEY NUMI E=-= OF THE SAID F GFERTY ARE 12 E006 OGEE I8 EOOc OSLS;�IE E006 OcEc �2E E006 CcEcO_ IE E006 0FSZ ?✓ '; IE ECO6 OECc,✓ O -� 1E E002 0126,✓ ?c L< s C- - 4 v L 5 `- hc1. tic�� iv t.,zr {�? 8 006 2S $ l ✓ t c4 ec G. �S t cs l l 5 Z� o� O (c 2-V e p 2