HomeMy WebLinkAboutNo. 1702 approving an application for real property tax deduction (Koontz-Wagner Electric Co., Inc., 3801 Voorde Dr.)RESOLUTION NO. 1702
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 three years of real
property tax abatement consideration from Koontz - Wagner Electric Company, Inc. for real property
located at 3801 Voorde 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
AN
WHEREAS, the property located at 3801 Voorde 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 Koontz - Wagner Electric Company, Inc.
for three years of real property tax abatement consideration for property located at 3801 Voorde
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 Koontz -
Wagner Electric Company, Inc.
Approved this 16th day of July 1999 at the regular meeting of the South Bend
Redevelopment Commission.
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SOUTH BE DEVELOPMENT COMMISSION
Robert W. Hunt, President
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Exhibit A
LEGAL DESCRIPTION OF PROPERTY
The following is an abbreviated legal description. A complete legal description
will be submitted as soon as it is obtained.
BEG NE COR SHERIDAN & Voorde Dr
11.98 AC MORE OR LESS
SEC 33 38 2E