HomeMy WebLinkAboutNo. 1526 approving an application for personal property tax deduction (Apollo Precision Machining, Inc., 4085 Ralph Jones Dr.)RESOLUTION NO. 1526
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 Apollo Precision Machining, Inc., for personal
property located at 4085 Ralph Jones Drive 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 at 4085 Ralph Jones Drive 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 Apollo Precision Machining, Inc., for
five years of personal property tax abatement consideration for property located at 4085 Ralph Jones
Drive 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 personal property tax abatement for Apollo
Precision Machining, Inc.
Approved this 3rd day of July, 1997 at the rescheduled regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
Paula N. Auburn, Secretary
vb:Res 1526
Apollo Precision Machining, Inc.
LEGAL DESCRIPTION
TOLL ROAD INDUSTRIAL PARK SEC
LOT 5
2.37AC
Address:
4085 Ralph Jones Dr
South Bend, Indiana 46628
11: