HomeMy WebLinkAboutNo. 1696 approving an application for real property tax deduction (Dynamic R.E.H.C., Inc., 4747 and 4775 Ameritech Dr.)y
RESOLUTION NO. 1696
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 the South Bend Redevelopment Commission on behalf
of Dynamic R.E.H.C., Inc. for real property located at 4747 and 4775 Ameritech Drive 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 4747 and 4775 Ameritech Drive 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 the South Bend Redevelopment
Commission on behalf of Dynamic R.E.H.C., Inc. for ten years of real property tax abatement
consideration for property located at 4747 and 4775 Ameritech Drive in the Airport Economic
Development Allocation Area, Allocation Area No. 1, 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 the South
Bend Redevelopment Commission on behalf of Dynamic R.E.H.C., Inc.
Approved this 2nd day of July 1999 at the regular meeting of the South Bend
Redevelopment Commission.
SO REDEVELOPMENT COMMISSION
ATTEST:
vb:Res 1696
I WON
Robert W. Hunt, President
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EXHIBIT A
ADDRESS LEGAL DESCRIPTION KEY NUMBER
4747 Ameritech Drive LOT 7 OF U.S. 31 INDUSTRIAL PARK 25 -1016- 0600.10
SECTION ONE RECORDED AS
INSTRUMENT 9743763 IN THE OFFICE
OF THE ST. JOSEPH COUNTY
RECORDER, INDIANA
4775 Ameritech Drive LOT 8 OF U.S. 31 INDUSTRIAL PARK 25- 1016 - 0600.11
SECTION TWO RECORDED AS
INSTRUMENT 9846535 IN THE OFFICE
OF THE ST. JOSEPH COUNTY
RECORDER, INDIANA