HomeMy WebLinkAboutNo. 1766 approving an application for real property tax deduction (American Home Dreams, Inc., 113, 115, 138 Broadway and 710 Pennsylvania)RESOLUTION NO. 1766
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 five years of real
property tax abatement consideration from American Home Dreams, Inc. for real properties located
at 113, 115 and 138 Broadway and 710 Pennsylvania 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
I No. 1222, adopted February 4, 1994, and in the same resolution declared the Sample -Ewing
W Development Area, Allocation Area No. 8; and
WHEREAS, the properties located at 113, 115, and 138 Broadway and 710 Pennsylvania
are 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 American Home Dreams, Inc. for five
years of real property tax abatement consideration for properties located at 113, 115, and 138
Broadway and 710 Pennsylvania 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 American
Home Dreams, Inc.
Approved this 16' day of June 2000 at the regular meeting of the South Bend Redevelopment
Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
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VB:Resl734
EXHIBIT A
115 Broadway
5FT WEST SIDE LOT 18 AND ALL LOT 17
HANEYS ADDITION
113 Broadway
LOT 16 HANEYS ADDITION
138 Broadway
LOT 29 EXCEPT 45 FT SOUTH HANEYS ADD
710 Pennsylvania
LOT 144 WENGER & KREIGHBAUM REPLAT
OF WENGER 6TH ADDITION
Real Property Taxes Paid on associated properties
Tax Key Number
1998 pay 1999 1999 pay 2000
18- 7026 -1034
246.56 242.12
18- 7026 -1035
169.93 0
18- 7027 -1040
5.00 0
18- 7016 -0625
367.78 131.30
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18- 7026 -1034
18- 7026 -1035
18- 7026 -1040
18- 7016 -0625