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HomeMy WebLinkAboutNo. 1185 approving an application for personal property tax deduction (Solvay Automotive, Inc., 1827 N. Bendix Dr.)RESOLUTION NO. 1185 A RESOLUTION APPROVING AN APPLICATION FOR PERSONAL 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 five years of personal property tax abatement consideration from Solvay Automotive, Inc., for personal property located at 1827 N. Bendix 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 1827 N. Bendix 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 Solvay Automotive, Inc., for five years of personal property tax abatement consideration for property located at 1827 N. Bendix 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 Solvay Automotive, Inc. Approved this 20th day of August, 1993, at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Paula N. Auburn, President o MIS Theo F. Sharp, retary MI,:Resl l85 F- L s, SOLVAY sownv AUTOMOTIVE Exhibit A A parcel of land being part of the Northeast Quarter of the Southeast Quarter of Section 33. Township 38 :North, Range 2 East, in the City of South Bend, Portage Township, St. Joseph County, Indiana. Solvay k4to mQtjv :r'i �_� 1827 NQVIII!?�;rtilrx q- Squfh- $unLt