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HomeMy WebLinkAboutNo. 1535 approving an application for real property tax deduction (American Home Dreams, Inc., 125, 127, 133, 137, 201, 209, 229, 235, 243, & 301 E. Broadway St.)f RESOLUTION NO. 1535 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 five years of real property tax abatement consideration from American Home Dreams, Inc. for real property located at 125, 127, 133, 137, 201, 209, 229, 235, 243 and 301 E. Broadway Street 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 properties located at 125, 127, 133, 137, 201, 209, 229, 235, 243 and 301 E. Broadway Street are 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 American Home Dreams, Inc. for five years of real property tax abatement consideration for property located at 125, 127, 133, 137, 201, 209, 229, 235, 243 and 301 E. Broadway Street 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 real property tax abatement for American Home Dreams, Inc. Approved this 1 st day of August 1997 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Robert W. Hunt, President ATTEST: rn ,ef•Q e I : i)Oy) ,ul ([; Ce - VB:Res1535 1 *;4:111.30W.1 American Homes Dreams, Inc. Residential Tax Abatement Petition 125, 127, 133, 137, 201, 209, 229, 235, 243 and 301 E. Broadway Street, South Bend, Indiana Street Address 125 E. Broadway St. 127 E. Broadway St. 133 E. Broadway St. 137 E. Broadway St. 201 E. Broadway St. 209 E. Broadway St. 229 E. Broadway St. 235 E. Broadway St. 243 E. Broadway St. 301 E. Broadway St. �A Legal Description Key Number Part of lots 18 & 19, Haney's Add 18- 7026 -1033 & 18- 7026 -1032 Part of lots 19 & 20, Haney's Add 18- 7026 -1032 & 18 -7026 -1031 Part of lots 20 & 21, Haney's Add 18- 7026 -1031 & 18 -7026 -1030 Part of lots 21 & 22, Haney's Add 18- 7026 -1030 & 18- 7026 -1029 Part of lots 63 & 64, Haney's Add 18- 7025 -0998 & 18- 7026 -0997 Part of lots 64 & 65, Haney's Add 18- 7025 -0997 & 18- 7026 -0996 Part of lots 70 & 71, Haney's Add 18- 7025 -0991 & 18- 7026 -0990 Part of lots 71, 72 & 73, Haney's Add 18- 7025 -0990, 18- 7026 -0989 and 18-7025-0988 & 18- 7025- 0988.01 Lot 739 Haney's Add 18- 7025 -0988 & 18- 7026 - 0988.01 Lot 326 Wenger & Kreighbaum, 1st Broadway Add 18- 7013 -0496 & 18- 7013 - 0496.01