HomeMy WebLinkAboutNo. 1334 rescinding resolution No. 1330 of the SBRC and approving an application for real property tax deduction (Communication Test Design, 2740 Viridian Dr.)RESOLUTION NO. 1334
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION RESCINDING RESOLUTION NO. 1330
OF THE SOUTH BEND REDEVELOPMENT COMMISSION
AND APPROVING AN APPLICATION FOR REAL
PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6 -1.1- 12.1 -2(j) provides that an application
for real 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, there has been filed with the South Bend Common
Council a petition for three (3) years of real property tax
abatement consideration from Communication Test Design, for real
property located at 2740 Viridian Drive in the Airport Economic
Development Area, the legal description of which is attached
hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, the 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 Area, Allocation Area No. 1; and
WHEREAS, the South Bend Redevelopment Commission, at its
meeting of March 17, 1995, by its Resolution No. 1330, approved
the application of Communication Test Design for three (3) years
of real property tax abatement for the property located at 2740
Viridian Drive in the Airport Economic Development Area,
Allocation Area No. 1; but
WHEREAS, Communication Test Design has since filed with the
South Bend Common Council an amended petition seeking six (6)
rather than three (3) years real property tax abatement
consideration for the real property located at 2740 Viridian
Drive in the Airport Economic Development Area, Allocation Area
No. 1;
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1) That Resolution No. 1330, approved March 17, 1995, shall
be and is hereby rescinded.
2) The Commission finds that the application from
Communication Test Design for six (6) years of real property tax
abatement consideration for property located at 2740 Viridian
Drive in the Airport Economic Development Area, Allocation Area
No. 1, is appropriate and that the same shall be and hereby is
approved.
3) 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 Communication Test
Design.
Approved this 7th day of April, 1995, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Philip J F cenda, President
ATT T• /
Robert W. Hunt, Secretary
RES0 \RESCIND.RDV