HomeMy WebLinkAboutNo. 0837 approving an application for real property tax deduction (South Bend Limited Partnership, East LaSalle and East Raceway)RESOLUTION NO. 837
A RESOLUTION APPROVING AN APPLICATION FOR
rw 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 approving that application; and
WHEREAS, the South Bend Common Council has received a
petition for ten years of real property tax abatement consideration
from Can - American South Bend Limited Partnership for real property
located at East LaSalle and East Raceway 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 East LaSalle and East
Raceway 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
Can - American South Bend Limited Partnership for ten years of
real property tax abatement consideration located at East
LaSalle and East Raceway 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 Can - American South Bend Limited Partnership petition for
real property tax abatement.
Approved this 15th day of April, 1988, at the rescheduled
meeting of the South Bend Redevelopment Commission.
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ATTEST:
Roman Piasecki, Secretary
CAN -AMSB
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SOUTH BEND REDEVELOPMENT COMMISSION
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