HomeMy WebLinkAboutNo. 0791 0791 approving an application for real property tax deduction (Valley Realty Trust, 213 W. Washington)RESOLUTION NO. 791
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 Valley Realty Trust for real property located at 213 W.
Washington 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 213 W. Washington 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
Valley Realty Trust for six years of real property tax
abatement consideration located at 213 W. Washington 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 Valley Realty Trust
petition for real property tax abatement.
Approved this 23rd day of January, 1987, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
mt� Preside
ATTEST:
Roman Piasecki, Secretary
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