HomeMy WebLinkAboutNo. 0862 approving an application for real and personal property tax deduction (Mossberg & Company, Inc., 301 E. Sample)E*
RESOLUTION NO. 862
A RESOLUTION APPROVING AN APPLICATION FOR
REAL AND PERSONAL 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 approving that application; and
WHEREAS, the South Bend Common Council has received a
petition for three years of real property and five years of
personal property tax abatement consideration from Mossberg &
Company, Inc. for real and personal property located at 301 East
Sample in the South Bend Central Development Area, the legal
description of which is attached hereto, marked Exhibit "A" 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 Allocation Area
(South Bend Allocation Area No. 1A); and
WHEREAS, the property located at 301 E. Sample is located
within the South Bend Central Allocation Area (South Bend
Allocation Area No. 1A); and
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1) The Commission finds that the application of
Mossberg and Company, Inc. for three years of real property and
five years of personal property tax abatement consideration for
property located at 301 E. Sample in the South Bend Central
Allocation Area (South Bend 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 Commission's approval
of the Mossberg and Company, Inc. petition for real and
personal property tax abatement.
Approved this 28th day of October, 1988, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
ATTEST:
n
Roman Piasecki, Secretary
ML: res/Res8 6 2
SOUTH BEND RE
y Nimtz, President
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