Loading...
HomeMy WebLinkAboutNo. 1634 approving an application for personal property tax deduction (South Bend Brewery, 336 N. Niles Ave.)11 RESOLUTION NO. 1634 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 (5) years of personal property tax abatement consideration from South Bend Brewery for personal property located at 336 North Niles Avenue in the South Bend Central Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the South Bend Central Development Area by Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South Bend Central Development Area, Allocation Area No. 1A; and WHEREAS, the property located at 336 North Niles Avenue is located within the South Bend Central Development Area, Allocation Area No. 1A; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from South Bend Brewery for five (5) years of personal property tax abatement consideration for property located at 336 North Niles Avenue in the South Bend Central Development Area, Allocation Area No. 1A, 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 South Bend Brewery. Approved this 21st day of August 1998 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Robert W. Hunt, President ATTEST: I KIM 1121331-17RIMMINZ TW vb:Res1634 - 11 EXHIBIT A Tract of land beginning 132.911W of NW corner of Madison and Niles and being part of lots 13, 15, and 16, and part of NIS vac alley cottrells 2nd to Lowell cont. 145ac +-