HomeMy WebLinkAboutNo. 1431 approving an application for real property tax deduction (Precision Millwork, Plastics, Inc., 4102 William Richardson Ct.)RESOLUTION NO. 1431
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 six (6)
years of real property tax abatement consideration from The South Bend Redevelopment
Commission for the benefit of Precision Millwork and Plastics, Inc. for real property located
at 4102 William Richardson 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 4102 William Richardson 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
Commission for the benefit of Precision Millwork and Plastics, Inc. for six (6) years of real
property tax abatement consideration for property located at 4102 William Richardson 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 Commission for the benefit of Precision Millwork and Plastics,
Inc.
le Approved this 17th day of May, 1996, at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
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Paula N. Auburn, President
ATTEST:
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William P. Ho' cki, Secretary
VB:Res1431
EXHIBIT A
LOT NUMBERED FIVE (5) AS PLATED IN THE PLAT OF THE TOLL ROAD
INDUSTRIAL PARK, PHASE TWO, SECTION ONE AS RECORDED AS
DOCUMENT NO. 9426579 IN THE OFFICE OF THE RECORDER, ST. JOSEPH
COUNTY, INDIANA.
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