HomeMy WebLinkAboutNo. 1328 approving an application for personal property tax deduction (FDC Graphic Films, Inc., 3820 William Richardson Dr.)RESOLUTION NO. 1328
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, I. C. 6 -1.1- 12.1 -20) provides that an application for personal 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 FDC Graphic Films, Inc. for personal
property located at 3820 William Richardson 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 Area, Allocation Area No. 1; and
WHEREAS, the property located at 3820 William Richardson Drive is located within the
Airport Economic Development 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 FDC Graphic Films, Inc., for five
years of personal property tax abatement consideration for property located at 3820 William
Richardson Drive in the Airport Economic Development Area, Allocation Area No. 1, 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 FDC
Graphic Films, Inc.
Approved this 17th day of March, 1995, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Philip J. Fat1n, Vesident
ATTEST:
Z460�e
Robert W. Hunt, Secretary
ML:res1328
EXHIBIT A
LEGAL PROPERTY DESCRIPTION
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 6 of the Toll
Road Industrial Park - Section Four, as recorded under instrument number 8822752, dated
August 18, 1988, at the office of the recorder, St. Joseph County Indiana, and containing
9.1421 acres, more or less, and is subject to all easements, restrictions and or covenants of
record.