HomeMy WebLinkAboutNo. 1601 approving an application for real property tax deduction (Enterprise Centre Partners L.P., Lot 3 Olive Road Commerce Park)N
RESOLUTION NO. 1601
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 Enterprise Centre Partners L.P. for real property located
on Lot #3 Olive Road Commerce Park (now known as Ameriplex Industrial Park) 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
WHEREAS, the property located on Lot #3 Olive Road Commerce Park (now known as
Ameriplex Industrial Park) 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 Enterprise Centre Partners L.P. for ten
years of real property tax abatement consideration for property located on Lot #3 Olive Road
Commerce Park (now known as Ameriplex Industrial Park) in the Airport Economic Development
Allocation Area, Allocation Area No. 1, 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 Enterprise
Centre Partners L.P.
Approved this 1 st day of May, 1998 at the regular meeting of the South Bend Redevelopment
Commission.
ATTEST:
Eugenia S. Schwartz, Secretary
vb:Res1601
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
EXHIBIT A
NORTHEAST AND SOUTHWEST PART, EXCEPT PART SOLD SOUTHEAST AND
NORTHWEST OF TOLL ROAD, OF SECTION 19- 38 -2E, CONTAINING 6.717 ACRES;
AND LOT NUMBER 3 OF THE OLIVE ROAD COMMERCE PARK,
SECTION ONE, CONTAINING 3.454 ACRES