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HomeMy WebLinkAboutNo. 1570 approving an application for personal property tax deduction (Huckins Tool and Die Co., Inc., 1010 Prairie Ave.)A RESOLUTION NO. 1570 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 years of personal property tax abatement consideration from Huckins Tool and Die Company, Inc. for personal property located at 1010 Prairie Avenue 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 property located at 1010 Prairie Avenue is 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 Huckins Tool and Die Company, Inc. for five years of personal property tax abatement consideration for property located at 1010 Prairie Avenue in the Sample -Ewing Development Area, Allocation Area No. 8, 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 Huckins Tool and Die Company, Inc. Approved this 16th day of January 1998, at the regularly scheduled meeting of the South Bend Redevelopment Commission. ATT T: n 7c- �y Paula N. Auburn, Secretary vb:Res1570 SOUTH BEND REDEVELOPMENT COMMISSION Robert W. Hunt, President HUCKINS TOOL & DIE CO., INC. EXHIBIT A Legal description of property at 1010 Prairie Avenue, South Bend, IN 46625 TRACT OF LAND BEG 260.58' SWLY SE COR SAMPLE & VAC PRAIRIE AVENUE CONT 1.343 AC +- KNOWN AS TRACT 4 ' I '.ATN•Np o i[•,•N) I _ , Z EI' � •rILAt N� � � 2 J • rl I uElr. I i I rl LONGL_t• 2 Sf n0 �� :� }� NOl • 2 `_ __ �Lr 4 atw 9r n SNRCNr A RFNCf AVf. Ar 2 .•wr0. 0 •ai wISNINO'^ � j) ftrl I �I •t.co.r _ '�. ' � Mitzi v �• J J OO I 1 w w•AMC<I '� 2 2 •� ^ l.4! o of "St. I T ^ l T a ALE trNrON •_�¢'•r(wyOF • 40rtMl = Mf' cr ; ! __ � a0 rrpp0 I ; a _ 1 r _ 1 � I I N� _ . .ry aR awOrt i EoreoN I I '�••� 2 ' OSrf -o 0 0 w JCS a y� � -O/• � 'O c • +Fw N _ I I ^ .00. 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