HomeMy WebLinkAboutNo. 1315 approving an application for real property tax deduction (Stephen E. & Susan M. Busk, Busk Brothers Furniture, Lot 16 & 17 Toll Road Industrial Park)RESOLUTION NO. 1315
A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6 -1.1- 12.1 -26) 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 years of real
property tax abatement consideration from Stephen E. and Susan M. Busk (dba: Busk
Brothers Furniture) for real property located at Lot 16 and 17, Toll Road Industrial Park 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 Lot 16 and 17, Toll Road Industrial Park 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 Stephen E. and Susan M. Busk (dba:
Busk Brothers Furniture) for six years of real property tax abatement consideration for
property located at Lot 16 and 17, Toll Road Industrial Park in the Airport Economic
Development Allocation 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 real property tax abatement for Stephen
E. and Susan M. Busk (dba: Busk Brothers Furniture).
Approved this 4th day of January 1995, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST:
ML:Res1315
111 1.13
LOT 16 AND LOT 179 TOLL ROAD INDUSTRIAL PARK