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HomeMy WebLinkAboutNo. 1762 approving an application for real property tax deduction (Crescent Michiana Properties, LLC, 3801 Crescent Circle)RESOLUTION NO. 1762 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 Crescent Michiana Properties, LLC for real property located at 3801 Crescent Circle 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 3801 Crescent Circle 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 Crescent Michiana Properties, LLC for ten years of real property tax abatement consideration for property located at 3801 Crescent Circle 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 Crescent Michiana Properties, LLC. Approved this 2nd day of June 2000 at the regular meeting of the South Bend APN Redevelopment Commission. SOUTH BEND REDEVELOPMENTCOMMISSION 0 Robert W. Hunt, President ATTEST: Marcia Jones vb:Res 1762 EXHIBIT A Lot #3 of Blackthorn Corporate Office Park minor subdivision #7. A part of NE 1/4 & SE 1/4 of sec. 19- T38N -R23 & a part of NW 1/4 & SW 1/4 of section 20- T38N -R2E, German Township, City of South Bend, St. Joseph County, Indiana