HomeMy WebLinkAboutNo. 1609 approving an application for real property tax deduction (Crescent Michiana Properties, LLC, NW corner of Nimtz Pkwy. and Crescent Cir.)III
RESOLUTION NO. 1609
A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6- 1.1- 12.1- 2(l) 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 South Bend Redevelopment Dept. for the benefit of
Crescent Michiana Properties, LLC for real property located at the Northwest corner of Nimtz
Parkway and Crescent Circle 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
ew Economic Development Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at the Northwest corner of Nimtz Parkway and Crescent
Circle 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 South Bend Redevelopment Dept. for
the benefit of Crescent Michiana Properties, LLC for ten years of real property tax abatement
consideration for property located at the Northwest corner of Nimtz Parkway and Crescent Circle
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 South Bend
Redevelopment Dept. for the benefit of Crescent Michiana Properties, LLC.
Approved this 5th day of June 1998 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
4Eugema S. Schwartz, Secre
vb:Res 1609
V. .
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Exhibit A
Legal Description
LOT #2 OF BLACKTHORN CORPORATE OFFICE PARK MINOR SUBDIVISION #7. A
PART OF NE 1/4 & SE 1/4 OF SEC. 19- T38N -R23 & A PART OF NW 1/4 & SW 14/ OF
SECTION 20- T38N -R2E, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH
COUNTY, INDIANA