HomeMy WebLinkAboutNo. 1631 approving an application for real property tax deduction (Axelberg and Axelberg, LLC (General Sheet Metal Works, Inc.), 1902 S. Main St.)s
RESOLUTION NO. 1631
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 Axelberg and Axelberg, LLC (General Sheet Metal
Works, Inc.) for real property located at 1902 S. Main 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 1902 S. Main 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 Axelberg and Axelberg, LLC (General
Sheet Metal Works, Inc.) for ten years of real property tax abatement consideration for property
located at 1902 S. Main 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 Axelberg
ro and Axelberg, LLC (General Sheet Metal Works, Inc.).
Approved this 21st day of August 1998 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH D REDEVELOPMENT COMMISSION
z
Robert W. Hunt, President
ATTEST:
Eueenia S. Schwartz, Secret-
VB:Res1631
Actacbamt to Fonn SB-1, page 1, Section 2 Page: 1
Description of Real Property Tnprovmmts and/or New Mmffacturu)g Equipment
AXELBERG LLC
24,000 SQUNRE FEET NEW MANUFACIUUM FACILITY
3
Exhibit A
Legal Description
PARC OF LAND BEG APPROX 140'E OF
CENTERLINE OF CALVERT & LAFAYETTE
ST & BEING PT OF W % SW
SEC 13 -37 -2E
CONT 1.94 AC +-
Exhibit A