HomeMy WebLinkAboutNo. 1630 approving an application for real property tax deduction (K & L, LLC (advanced Imaging Solutions, Inc.), 4070 Meghan Beeler Dr.)C�
RESOLUTION NO. 1630
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 six years of real
property tax abatement consideration from K & L, LLC (Advanced Imaging Solutions, Inc.) for real
property located at 4070 Meghan Beeler 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. l; and
WHEREAS, the property located at 4070 Meghan Beeler 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 K & L, LLC (Advanced Imaging
Solutions, Inc.) for six years of real property tax abatement consideration for property located at
4070 Meghan Beeler Drive in the Airport Economic Development Allocation Area, Al location 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 K & L, LLC
(Advanced Imaging Solutions, Inc.).
Approved this 21 st day of August 1998 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
ATTEST:
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SOUTH BEND REDEVELOPMENT COMMISSION
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Robert W. Hunt, President
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Attachment to Fom SB -1, page 1, Section 2 Page: 1
Description of Real Property Isprovenents and /or New Manufacturing Equipment
LLC
22,857 sq. feet of new manufacturing, warehousing & office space
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Exhibit A
Legal Description
42.41 AC MID PT NW SEC 21 -38 -2E
Exhibit A