HomeMy WebLinkAboutNo. 1638 approving an application for real property tax deduction (Phoenix Development, 1911 1915, 1919, 1923 S. Walnut St.)I... , '%
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RESOLUTION NO. 1638
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 five years of real
property tax abatement consideration from Phoenix Development for real property located at 1911,
1915, 1919, 1923 South Walnut Street 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 properties located at 1911, 1915, 1919, 1923 South Walnut Street 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 Phoenix Development for five years
of real property tax abatement consideration for property located at 1911, 1915, 1919, 1923 South
Walnut Street 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 Phoenix
Development.
Approved this 18th day of September 1998 at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
ATTEST:
Eugeni63S. Schwartz, Secretary
VB:Resl638
SOUTH B REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ADDRESSES
1911 S. Walnut St.
1915 S. Walnut St.
1919 S. Walnut St.
1923 S. Walnut St.
EXHIBIT A
LEGAL DISCRIPTION
Lot 38 Swygarts 5th Addition
Lot 39 Swygarts 5th Addition
Lot 40 Swygarts 5th Addition
Lot 41 Swygarts 5th Addition
TAX KEY #
18- 8062 -2461
18- 8062 -2462
18- 8062 -2463
18- 8062 -2464