HomeMy WebLinkAboutNo. 1757 approving an application for real property tax deduction (Cleveland Road Partners L.P., Cleveland Rd. adjacent to and west of 4647 Cleveland Rd.)RESOLUTION NO. 1757
A RESOLUTION APPROVING AN APPLICATION FOR
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 ten years of real
property tax abatement consideration from Cleveland Road Partners L.P. for real property located
on Cleveland Road adjacent to and west of 4647 Cleveland Road 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 on Cleveland Road adjacent to and west of 4647 Cleveland
Road 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 Cleveland Road Partners L.P. for ten
years of real property tax abatement consideration for property located on Cleveland Road adjacent
to and west of 4647 Cleveland Road 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 real property tax abatement for Cleveland
Road Partners L.P.
Approved this 19th day of May 2000 at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENTCOMMISSION
Robert W. Hunt, President
ATTEST:
Marcia I. Jones, Vice President
vb:Resl757
Cleveland Road Partners
EXHIBIT A
Legal Description
Vacant land Sec 20 -38 -2E 27.316 acre tract lying east %z N E Qtr lying north Cleveland Road