HomeMy WebLinkAboutNo. 2913 approving an application for real property tax deduction (GVW Realty, LLC, 4411 Quality Dr.)RESOLUTION NO. ):`d 15
A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6 -1.1- 12.1 -2(1) 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 up to seven (7)
years of real property tax abatement consideration from the South Bend Redevelopment Commission
on behalf of GVW Realty, LLC for real property identified as 4411 Quality 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 tentatively identified as 4411 Quality 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 the South Bend Redevelopment
Commission on behalf of GVW Realty, LLC for up to six (6) years of real property tax abatement
consideration for property tentatively identified as 4411 Quality Drive in the Airport Economic
Development Allocation Area, Allocation Area No. 1, should be and 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 the South Bend
Redevelopment commission on behalf of GVW Realty, LLC.
Approved this 28th day of June, 2011, at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Marcia I. Jones, P ident
ATTEST:
C ", 4",/
Nancy N. King Secretary
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EXHIBIT A
LEGAL DESCRIPTION
Description: 71- 03 -19- 126- 002.000 -009
Lot numbered One (1) as shown on the recorded Plat of Hayes Olive
Road Minor Subdivision, recorded July 17, 2000 as Document
Number 0033926 in the Office of the Recorder of St. Joseph County, Indiana.
71 -03 -19 -126- 001.000 -009
Lot numbered Twenty A (20A) as shown on the recorded Plat of
Landmark Business Park, Section 7, recorded October 19, 1992 as
Document Number 9238271 in the Office of the Recorder of St.
Joseph County.
Tax Key No.: 71 -03 -19 -126- 002.000 -009 and 71- 03 -19- 126 - 001.000 -009
Address: 4411 Quality Drive, South Bend, Indiana 46628
German Township, St. Joseph County