HomeMy WebLinkAboutNo. 1253 approving an application for real property tax deduction (Fortuna Land Company, Harbor Metal Treating of Indiana, Inc., 802 S. Fellows St.)RESOLUTION NO. 1253
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 Fortuna Land Company (dba: Harbor Metal
Treating of Indiana, Inc.) for real property located at 802 S. Fellows Street in the South Bend
Central Development Area, the legal description of which is attached hereto, marked Exhibit
"A" and incorporated herein; and
WHEREAS, this Commission declared the South Bend Central Development Area by
Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South
AWA Bend Central Development Area, Allocation Area No. J A; and
WHEREAS, the property located at 802 S. Fellows Street is located within the South
Bend Central Development Area, Allocation Area No. JA;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1) The Commission finds that the application from Fortuna Land Company (dba:
Harbor Metal Treating of Indiana, Inc.) for three years of real property tax abatement
consideration for property located at 802 S. Fellows Street in the South Bend Central
Development Area, Allocation Area No. 1A, 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 Fortuna
Land Company (dba: Harbor Metal Treating of Indiana, Inc.).
Approved this 20th day of May, 1994, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
c� / y -
Paula N. Auburn, President
ATTEST:
Theo F. Sharp, Secretary
ML:Res1253
EXHIBIT "A"
Legal Description of Real Property
LOTS 156 THRU 167 EX NE COR LOT 161 AND VACATED ALLEYS E H RUSHES SECOND
ADD KNOWN AS PARCEL X112 MONROE /SAMPLE REDEVELOPMENT AREA
D