HomeMy WebLinkAboutNo. 3031 approving an application for personal property tax deduction (1801 Commerce Dr.)RESOLUTION NO. 303
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6- 1.1- 12.1 -2(1) 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 (5) five years of personal
property tax abatement consideration from R2 Diagnostics, Inc., for personal property located at
1801 Commerce Drive in the Airport Economic Development Area, the legal description of which is
attached hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, this Commission declared the Airport Economic Development Area by
Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Airport
Economic Development Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at 1801 Commerce Drive is located within the Airport Economic
Development Allocation Area, Allocation Area No. 1.
40 NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from R2 Diagnostics, Inc. for (5) five years of
personal property tax abatement consideration for property located at 1801 Commerce Drive in the
Airport Economic Development Allocation Area, Allocation Area No. 1, should be and 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 petition for personal property tax abatement for R2
Diagnostics, Inc.
Approved this 24h day of April, 2012, at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Marcia I. Jone esident
ATTEST:
Donald Alford, Sr., Secretary
EXHIBIT A
�w LEGAL DESCRIPTION
Description: E PT Lot 25 Airport Industrial park Phase II- Sec 33 -38 -2E Cont .40 acres+/ -
W 287 FT of Lot 25 Airport Industrial Park Phase II- S.W.1 -4 Sec 33 -38 -2E 1.57 acres
S 80 -5 FT of Lot 24 S.W. Sec 33 -38 -2E
Tax Key No.: 025- 1008 - 033502; 025 - 1008 - 033508; 018 - 2183 - 688612; 018 - 2183 - 688603
Address: 1801 Commerce Drive