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HomeMy WebLinkAboutNo. 1290 approving an application for personal property tax deduction (Wells Electronics, Inc., 1701, 1801, 1818, 1819 S. Main St.)RESOLUTION NO. 1290 A RESOLUTION APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION WHEREAS, I. C. 6 -1.1- 12.1 -20) 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 five years of personal property tax abatement consideration from Wells Electronics, Inc. for personal property located at 1701, 1801, 1818 and 1819 S. 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- ON Ewing Development Area, Allocation Area No. 8; and WHEREAS, the property located at 1701, 1801, 1818 and 1819 S. 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 Wells Electronics, Inc. for five years of personal property tax abatement consideration for property located at 1701, 1801, 1818 and 1819 S. 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 personal property tax abatement for Wells Electronics, Inc. Approved this 7th day of October 1994, at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMIINT COMMISSION Paula N. Auburn, President ATTEST: mi,10" ML:Res1290 RESOLUTION NO. 1290 EX MIT "A" KEY NUMBER DESCRIPTION 18 -8007 -0370 LOT 7 E 1/2 VAC ALLEY & S 1/2 VAC ALLEY ADJ J P CREEDS 2ND. 18 -8007 -0371 LOTS 8- 9 -10 -11 1/2 VAC ALLEY CREEDS 234.65 FT OF TAX LOTS S 1577 FT NW ON NORTH LINE LOT 2 PERLEY LUMBER CO ADD. 18- 8010 -0446 LOT 14 & S 7' VAC ALLEY N & AD STOVER & WITWER ADD. 18- 8010 -0443 LOT 15 1/2 VAC ALLEY E & A 1/2 VAC ALLEY N & ADJ STOVER & WITWER ADD. 18- 8009 - 0431.02 SO 26.97' LOT 9 ALL LOT 10 7' VAC ALLEY S ADJ PERLEY LUMBER CO. 18 -8008- 0379.01 PARCEL OF GROUND IN SW 1/4 SEC 13 37 2E BEG ON SO LINE OF INDIANA AVE & PENN CENTRAL RR RIGHT OF WAY CONT 41,184' + OR -. 18 -8008 -0382 SO FT ON W SIDE MAIN ST N & ADJ DAYTON ST 13 37 2E. 18 -8009 -0422 LOTS 11 TO 18 INC 1/2 VAC ALLEY S ADJ TO LOT PERLEY LUMBER CO. 18- 8009 -0413 LOT 19 LOT 201/2 VAC ALLEY PERLEY LUMBER CO ADD.