HomeMy WebLinkAboutNo. 1026 approving an application for personal property tax deduction (Automatic Technologies, Inc., 3606 Progress Dr.)A
RESOLUTION NO. 1026
A RESOLUTION APPROVING AN APPLICATION FOR
Ok PERSONAL PROPERTY TAX DEDUCTION
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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 years of personal property tax abatement consideration
from Automatic Technologies, Inc., for personal property located at
3606 Progress 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 3606 Progress Drive is located
IL 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 Automatic
Technologies, Inc., for five years of personal property tax
abatement consideration for property located at 3606 Progress 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 Commissions approval of the
petition for personal property tax abatement for Automatic
Technologies, Inc.
Approved this 8th day of November, 1991, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
ATTEST:
Michael Donoho, Secretary
Res1026
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SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
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RESOLUTION NO. 1026
ATTACHMENT "A"
A tract or parcel of land located in the Southwest Quarter of the Northeast
Quarter of Section 33, Township 38 North, Range 2 East, more particularly described
as follows: Beginning at a point which is One Hundred Ninety -five and Eighteen
Hundredths (195.18) feet North and Eight Hundred Fifty -five and Fifty -four
Hundredths (855.54) feet Easterly of the center of said Section 33, said point
being on the North line of Progress Drive; thence North 00 19' 51" East a
distance of Four Hundred Sixty -Eight and Seventy -three Hundredths (468.73)
feet to the South line of the St. Joseph County Airport;•thence South 890 59' 38"
East on and along the South line of said St. Joseph County Airport a distance
of Four Hundred Thirty -nine and Ten Hundredths (439.10) feet; thence South
00 18' 51" West a distance of Four Hundred Seventy and Sixty -five Hundredths
(470.65) feet to the North line of Progress Drive; thence North 890 40' 09"
West a distance of Four Hundred Thirty -nine and Seventy -one Hundredths (439.71)
feet to the point of beginning.
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