HomeMy WebLinkAboutNo. 1460 approving an application for real property tax deduction (Elumatec USA, Inc., 4320 Ralph Jones Ct.)�r
RESOLUTION NO. 1460
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 three
(3) years of real property tax abatement consideration from the South Bend
Redevelopment Authority on behalf of Elumatec USA, Inc., for real property located at
4320 Ralph Jones Court 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 4320 Ralph Jones Court 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 the South Bend Redevelopment
Authority on the behalf of Elumatec USA, Inc., for three (3) years of real property tax
abatement consideration for property located at 4320 Ralph Jones Court 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
the South Bend Redevelopment Authority on the behalf of Elumatec USA, Inc.
Approved this 20 day of September 1996 at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
GG,j, /u.
Paula N. Auburn, President
ATTEST:
William P. FKjdacki,, Secretary
' vb:res1460
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Exhibit "A"
Legal Description of Property
A parcel of land in the northeast quarter of Section 21, Township 38 North,
Range 2 East, German Township, St. Joseph County, Indiana, and described as
being Lot 11 of Toll Road Industrial Park - Section 6, as recorded under
instrument number 8908570, dated April 7, 1989, at the office of the recorder, St.
Joseph county, Indiana, and containing 3.7178 acres, more or less, and is
subject to all easements, restrictions and or covenants of record.