HomeMy WebLinkAboutNo. 1163 approving an application for real property tax deduction (Capitol Technologies, Inc., 3615 W. Voorde Dr.)RESOLUTION NO. 1163
A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6-1.1- 12.1 -26) provides that an application for real 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 ten years of
real property tax abatement consideration from Capitol Technologies, Inc., for property
located at 3615 W. Voorde Drive in the Airport Economic Development Area, the legal
description of which is attached hereto, marked Exhibit "A" and incorporated herein; and
BUT WHEREAS, the project qualifies for six years of tax abatement under the Tax
Abatement Ordinance; 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 Area, Allocation Area No. 1; and
WHEREAS, the property located at 3615 W. Voorde Drive is located within the
Airport Economic Development 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 Capitol Technologies, Inc.,
for six years of real property tax abatement consideration for property located at 3615 W.
Voorde Drive in the Airport Economic Development 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 Capitol Technologies, Inc.
Approved this 4th day of June 1993 at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
'16 IMMIMMI)z
P-� A). L " ,
Paula N. Auburn, President
ATTEST:
rest l63
CITY OF SOUTH BEND PETITION FOR
REAL PROPERTY TAX ABATEMENT CONSIDERATION
EXHIBIT "A"
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