HomeMy WebLinkAboutNo. 1768 approving an application for personal property tax deduction (Steel Warehouse Co., Inc., A&F Realty Co. and Nathan Lerman Trust, 2722 W. Tucker Dr.)CW RESOLUTION NO. 1768
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6 -1.1- 12.1 -2(1) provides that an application forproperty 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 Steel Warehouse Co., Inc., A & F Realty Co.,
and Nathan Lerman Trust for personal property located at 2722 West Tucker Drive 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 Development Area 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 2722 West Tucker Drive 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 Steel Warehouse Co., Inc., A & F Realty
Co., and Nathan Lerman Trust for five years of personal property tax abatement consideration for
property located at 2722 West Tucker Drive 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 personal property tax abatement for Steel
Warehouse Co., Inc., A & F Realty Co., and Nathan Lerman Trust.
Approved this 16th day f June 2000
Y at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
Philip J. Fac 61ecretary
DP:Res 1768