HomeMy WebLinkAboutNo. 0875 approving an application for real property tax deduction (The Niles/Washington Associates, 115 N. Niles Ave.)L
RESOLUTION NO. 875
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 The
City of South Bend, Department of Redevelopment, on behalf of
Niles /Washington Associates for real property located at 115 N.
Niles Avenue 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 115 N. Niles is located within
the South Bend Central Allocation Area (South Bend Allocation Area
No. 1A) ;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1) The Commission finds that the application of The City of
South Bend, Department of Redevelopment, on behalf of
Niles /Washington Associates for ten years of real property tax
abatement consideration for property located at 115 N. Niles 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
City of South Bend, Department of Redevelopment on behalf of
Niles /Washington Associates' petition for real property tax
abatement.
Approved this 12th day of May, 1989, at the regularly scheduled
meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST:
C
Roman Piasecki, Secretary
Res875