HomeMy WebLinkAboutNo. 1764 approving an application for personal property tax deduction (Masterbilt, Inc., 325 S. Walnut St.)RESOLUTION NO. 1764
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
Masterbilt, Inc. for personal property located at 325 South Walnut Street in
the West Washington- Chapin Development Area, the legal description of
which is attached hereto, marked Exhibit "A" and incorporated herein; and
ILI WHEREAS, this Commission declared the West Washington- Chapin
Development Area by Resolution No. 818, adopted October 23, 1987, and in
the same resolution declared the West Washington- Chapin Allocation Area
(South Bend Allocation Area No. 7) and
WHEREAS, the property located at 325 South Walnut Street is located
within the West Washington- Chapin Allocation Area (South Bend Allocation
Area No. 7);
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1) The Commission finds that the application from Masterbilt, Inc. for
five years of personal property tax abatement consideration for property
located at 325 South Walnut Street in the West Washington- Chapin
Allocation Area (South Bend Allocation Area No. 7) 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 Masterbilt, Inc..
Approved this 2nd day of June 2000 at the regularly scheduled meeting
of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
Marcia I. Jone , Vice President
vb:res 1764
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ItiIASTERBILT, DiC.
E=IT A
Kev Number DESCRIPTION
18 3076 3053 LOT 34 EX 6 X 20 FT SW COR & N 1/2 VAC ALLEY SOUTH k.,,;D
AD KlINOBLOCKS SUB BOL 84
18 3076 305401 E 43 FT OF LOT 43 KNOBLOCK SUB OF B.O.L.84
18 3076 3055 33 FT N SIDE LOT 39 & S1 /2 VAC a.LLEY KNI OBOCKS SUB BOL 3-1
N OF RR
18 3076 3058 33 FT S END LOT 40 KNOBLOCKS SUB BOL 84 N OF RR
18 3076 3060 LOT 41 EX SW PT NE COR LOT 42 KNOBLOCKS SUB BOL 84 N OF RR
18 3076 3057 16 1/2 FT N SIDE LOT 4 & 16 1/ FT LOT 39 KNOBLOCKS SUB BOL 34 N OF RR