HomeMy WebLinkAboutNo. 1552 approving an application for personal property tax deduction (South Bend Form Tool Company, Inc., 408 W. Indiana Ave.)rLM
RESOLUTION NO. 1552
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 South Bend Form Tool Company, Inc. for
personal property located at 408 W. Indiana 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 408 W. Indiana 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 South Bend Form Tool Company,
Inc. for five years of personal property tax abatement consideration for property located at 408
W. Indiana Avenue 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 personal property tax abatement for
South Bend Form Tool Company, Inc.
Approved this 7th day of November 1997 at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
ATTE T:
Paula N. Auburn, Secretary
VB:Res1552
SOUTH B D REDEVELOPMENT COMMISSION
Robert W. Hunt, President
M
South Bend Form Tool Co., Inc.
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LEGAL DESCRIPTION
LOTS 55 &56 &57
STULLS 4TH
Address:
408 W Indiana Avenue
South Bend, Indiana 46619
11: