HomeMy WebLinkAboutNo. 1183 approving an application for personal property tax deduction (Exacto, Inc., 1137 S. Lafayette Blvd.)RESOLUTION NO. 1183
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6 -1.1- 12.1 -2(j) 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 (5) years of personal property tax abatement consideration from
Exacto, Inc. of South Bend for personal property located at 1137 South
Lafayette Blvd. 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. 1154 adopted May 21, 1993, and in the same resolution
declared the Sample Ewing Allocation Area (South Bend Allocation Area No.
8) ; and
WHEREAS, the property located at 1137 South Lafayette Blvd. is
located within the Sample Ewing Allocation Area (South Bend Allocation
Area No. 8);
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1) The Commission finds that the application of Exacto, Inc. of
South Bend for five (5) years of personal property tax abatement
consideration for property located at 1137 South Lafayette Blvd. in the
Sample Ewing Allocation Area (South Bend 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 Exacto, Inc.
of South Bend's petition for personal property tax abatement.
Approved this 6th day of August, 1993, at the regularly scheduled
meeting of the South Bend Redevelopment Commission.
ATTEST:
Theo Y. Sha , Secreta
ML:Res1183
7
SOUTH BEND REDEVELOPMENT COMMISSION
Roman J. Pia ecki, Vice President
"EXHIBIT A"
BEGINNING AT THE SW CORNER OF LOT 7, STULL'S SECOND EDITION;
THENCE, N ALONG THE E RIGHT -OF -WAY OF AN ALLEY A DISTANCE OF
336.06 FEET + OR - TO A POINT; SAID POINT BEING THE NW
CORNER OF THE S 1/2 OF LOT 64, SOUTH BEND CITY EDITION;
THENCE, E ALONG THE NORTHERN BOUNDARY OF SAID 1/2 OF LOT 64
WHICH IS ON THE WESTERN RIGHT -OF -WAY OF LAFAYETTE BLVD.;
THENCE, S A DISTANCE OF 275 FEET + OR - TO THE SE CORNER OF
LOT 6, STULL'S SECOND EDITION; THENCE, W A DISTANCE OF 125
FEET TO A POINT; THENCE, S 66 FEET TO A POINT; THENCE, W 40
FEET TO A POINT OF BEGINNING. ALL BEING WITHIN THE CITY OF
SOUTH BEND, COUNTY OF ST. JOSEPH, STATE OF INDIANA.
cw THE KEY NUMBERS OF THE SAID PROPERTY ARE 18 8006 0288,
18 8002 0115, 18 8006 0282, 18 8006 028201, 18 8006 0285,
18 8006 028501, 18 8002 0116.
I p