HomeMy WebLinkAboutNo. 0698 approving an application for real property tax deduction (Jefferson Boulevard Partnership, 205 W. Jefferson St.)RESOLUTION NO. 698
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
Jefferson Boulevard Partnership for real property tax abatement
consideration for the property located at 205 W. Jefferson Street
of the Downtown Urban Renewal Area R -66, the legal description
which is attached hereto, marked Exhibit "A" and incorporated
herein; and
WHEREAS, this Commission declared the Downtown Urban Renewal
Area R -66 by Resolution No. 615, adopted June 6, 1980, and
declared Central Downtown Urban Renewal Allocation Area No. 1 by
Resolution No. 615 adopted June 6, 1980; and
WHEREAS, the Commission expanded and redeclared the Central
Downtown Urban Renewal Area by Resolution No. 690, adopted
October 14, 1983, and therein declared Amended Allocation Area
No. 1; and
WHEREAS, property located at 205 W. Jefferson Street is
located within the Central Downtown Urban Renewal Amended
Allocation Area No. 1.
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1.) The Commission finds that the application of Jefferson
Boulevard Partnership for real property tax abatement
consideration for real property tax abatement on property located
at 205 W. Jefferson Street in the Central Downtown Urban Renewal
Amended Allocation Area No. 1 is hereby approved.
2.) That a copy of this resolution be forwarded to the
South Bend Common Council to indicate the Commission approval of
Jefferson Boulevard Partnership petition for real property tax
abatement.
Approved this 24th day of February, 1984, at the regularly
scheduled meeting of the South Bend Redevelopment commission.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST: