HomeMy WebLinkAboutNo. 1259 approving an application for real property tax deduction (Rick E. & Vickie D. Newman, Crystal Mountain, Inc., Lot 4 of Toll Road Industrial Park)RESOLUTION NO. 1259
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 South Bend Redevelopment Authority on
behalf of Rick E. and Vickie D. Newman (dba: Crystal Mountain, Inc.), for real property
located at Lot 4, 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 4, 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 South Bend Redevelopment
Authority on behalf of Rick E. and Vickie D. Newman (dba: Crystal Mountain, Inc.) for
three years of real property tax abatement consideration for property located at Lot 4, 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 South
Bend Redevelopment Authority on behalf of Rick E. and Vickie D. Newman (dba: Crystal
Mountain, Inc.).
Approved this 3rd day of June, 1994, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
ML:Res1259
ATTACHMENT "A"
LEGAL DESCRIPTION
LEGAL DESCRIPTION BEING PREPARED. SHOULD BE AVAILABLE BY JUNE 3RD.