HomeMy WebLinkAboutNo. 1281 approving an application for personal property tax deduction (Apollo Precision Machining, Inc., 4075 Ralph Jones Dr.)RESOLUTION NO. 1281
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL 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 five years of
personal property tax abatement consideration from Apollo Precision Machining, Inc., for
personal property located at 4075 Ralph Jones 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 Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at 4075 Ralph Jones Drive 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 Apollo Precision Machining, Inc., for
five years of personal property tax abatement consideration for property located at 4075 Ralph
Jones Drive 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 personal property tax abatement for Apollo
Precision Machining, Inc.
Approved this 15th day of July, 1994, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
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ML:Res1281
2F f(
Lot Numbered Five (5) as shown on the recorded Plat of Toll Road
Industrial Park, Section Three, recorded June 5, 1987 in the
Office of the Recorder of St. Joseph County, Indiana, as
Instrument No. 8717304.