HomeMy WebLinkAboutNo. 1697 approving an application for personal property tax deduction (Dynamic Industries, Inc., 4747 and 4775 Ameritech Dr.)RESOLUTION NO. 1697
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 Dynamic Industries, Inc. for personal 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
qW 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 Dynamic Industries, Inc. for five years
of personal property tax abatement consideration for property located at 4747 and 4775 Ameritech
Drive in the Airport Economic Development Allocation Area, Allocation Area No. 1, 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 Dynamic
Industries, Inc.
Approved this 2nd day of July 1999 at the regular meeting of the South Bend Redevelopment
Commission.
ATTEST:
e!�
a S. Schwartz, Secretary
vb:Res1697
11
UT END REDEVELOPMENT COMNIISSION
Robert W. Hunt, President
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
it RECORDER, INDIANA
N