HomeMy WebLinkAboutNo. 0808 approving an application for real property tax deduction (East Race Inn Partnership, 716 N. Niles Ave.)RESOLUTION NO. 808
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 six years of real property tax abatement consideration
from East Race Inn Partnership for real property located at 716 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
Bend Allocation Area No. 1A) ; and
WHEREAS, the property located at 716 N. Niles Avenue 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
East Race Inn Partnership for six years of real
property tax abatement consideration located at 716 N.
Niles Avenue 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 East Race Inn Partnership
petition for real property tax abatement.
lk Approved this 28th day of August, 1987, at the regularly
led meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
i
Jay Nimtz, P eside9t
ATTEST:
, n T . Piasecki , Secretary
2/h