HomeMy WebLinkAboutNo. 1395 approving an application for real property tax deduction (M & K Associates, 1024 S. Main St.)RESOLUTION NO. 1395
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 M & K Associates for real property
located 1024 South Main 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 property located at 1024 South Main Street 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 M & K Associates for three (3) years
of real property tax abatement consideration for property located at 1024 South Main Street in
the Sample -Ewing Development Area, Allocation Area No. 8, 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 M & K
Associates.
Approved this 1st day of December, 1995, at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Philip J. Fa , President
ATTEST:
Robert W. Hunt, Secretary
ML:Res1395
Lot Numbered Five (5) as shown on the recorded Plat of
Studebaker Corridor Fourth Minor Subdivision, recorded
May 7, 1993, in the Office of the Recorder of St. Joseph
County, Indiana, as Instrument No. 9315731.
EXHIBIT "A"