HomeMy WebLinkAboutNo. 0746 approving an application for real property tax deduction (Main-Colfax Partnership, 201 N. Main St.)RESOLUTION NO. 746
tv 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 real property tax abatement consideration from Main - Colfax
Partnership for real property tax abatement consideration for the
property located at 201 N. Main Street 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, property located at 201 N. Main Street 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 Main - Colfax
Partnership for real property tax abatement consideration for real
property tax abatement on property located at 201 N. Main Street in
the South Bend Central Allocation Area (South Bend Allocation Area
No. IA) 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
Main - Colfax Partnership petition for real property tax abatement.
Approved this 9th day of August, 1985, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
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SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST:
. __:z a P.c_� I I
Roman Piasecki, Secretary
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EXHIBIT A
LEGAL DESCRIPTION
PARCEL "B"
Lots 226, 227 and 228 in the "ORIGINAL PLAT OF THE TOWN (now City)
OF SOUTH BEND" as recorded in the records of St. Joseph County,
Indiana EXCEPTING: Beginning at the southwest corner of said Lot
228; thence north 198.00 ft. to the N.W. corner of Lot 226; thence
east 100.00 ft.; thence south 139.90 ft.; thence west 44.80 ft.;
thence south 8.00 ft.; thence west 17.00 ft.; thence south 50.10
ft.; thence west 38.20 ft. to the Point of Beginning.
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