HomeMy WebLinkAboutNo. 1280 approving an application for real property tax deduction (James & Linda Teske, Apollo Precision Machining, Inc., 4075 Ralph Jones Dr.)RESOLUTION NO. 1280
A RESOLUTION APPROVING AN APPLICATION FOR
REAL 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 three years of real
property tax abatement consideration from James and Linda Teske (dba: Apollo Precision
Machining, Inc.), for real 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
r' 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 James and Linda Teske (dba: Apollo
Precision Machining, Inc.), for three years of real 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 real property tax abatement for James and Linda
Teske (dba: Apollo Precision Machining, Inc.).
Approved this 15th day of July, 1994, at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
ATTEST:
FA
ML:Res1280
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
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.