HomeMy WebLinkAboutNo. 1060 approving an application for real property tax deduction (Brett Plaza One, Inc., 322 E. Colfax Ave.)RESOLUTION NO. 1060
A RESOLUTION APPROVING AN APPLICATION FOR
REAL 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 ten years of real property tax abatement consideration
from Brett Plaza One, Inc. for real property located at 322 E.
Colfax Avenue in the South Bend Central Development Area, the legal
description of which is attached hereto, marked Exhibit "Al' 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 Bend Central Development
Area, Allocation Area No. 1A; and
WHEREAS, the property located at 322 E. Colfax Avenue is
located within the South Bend Central Development Area, Allocation
Area No. IA;
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1) The Commission finds that the application from Brett
Plaza One, Inc. for ten years of real property tax abatement
consideration for property located at 322 E. Colfax Avenue 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 Commissions approval of the
petition for real property tax abatement for Brett Plaza One, Inc.
Approved this 22nd day of May 1992, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
ATTEST:
Michael Donoho, Secretary
Res1060
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
"EXHIBIT A"
EAST PART OF LOT 25 OP LOWELL AND EAST PART OF LOTS 1 -2 -3
118.48 FEET ON COLFAX AVENUE MILLERS AND GREENS ADD
(ACCORDING TO THE PORTAGE ASSESSOR'S OFFICE, THE EAST PART
OF LOT 4 IS A PART OF THE LEGAL DESCRIPTION BUT IT IS
POSSIBLE THAT REDEVELOPMENT OWNS THAT LAND)