HomeMy WebLinkAboutNo. 0721 approving an application for personal property tax deduction (PAI Properties, Disposition Parcel No. 4)RESOLUTION NO. 721
A RESOLUTION APPROVING AN APPLICATION
FOR PERSONAL 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 personal property tax abatement consideration from
PAI Properties for personal property tax abatement consideration
for the property known as Disposition Parcel No. 4 in the
Monroe - Sample Development Area, the legal description of which is
attached hereto, marked Exhibit "A ", and incorporated herein;
and
WHEREAS, this Commission declared the Monroe- Sample
Development Area by Resolution No. 633, adopted February 2, 1981,
and declared South Bend Allocation Area No. 3 by Resolution No.
633, adopted February 2, 1981.
WHEREAS, Disposition Parcel No. 4 in the Monroe Sample
Development Area is located within South Bend Allocation Area No.
3.
NOW, THEREFORE, BE IT RESOLVED BY THE South Bend
Redevelopment Commission, as follows:
1. The Commission finds that the application of PAI
Properties for personal property tax abatement
consideration for personal property tax abatement
on Disposition Parcel No. 4 in the Monroe - Sample
Development Area 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 PAI Properties' petition
for personal property tax abatement.
Approved this 30th day of November, 1984, at the rescheduled
regular meeting of the South Bend Redevelopment Commission.
ATTEST:
Michael Donoho, Member
REDEVELOPMENT COMMISSION
Roman Piasecki, Assistant Secretary
A parcel of property in
Monroe - Sample Disposition
scribed as follows:
St. Joseph County (sometimes known as
Parcel No. 4) more particularly de-
Lots Numbered Seventy -five (75), Seventy -six (76),
Seventy -seven (77), Seventy -eight (78), Seventy -nine (79),
Eighty (80), Eighty -one (81), Eighty-two (82), Eighty -three
(83), Eighty -four (84), Eighty -five (85), Eighty -six (86),
Eighty -seven (87), Eighty - eight (88), Eighty -nine (89), Ninety
(90) in Rush's Fourth Addition to the City of South Bend, as
found in Plat Book 4, page 54, ALSO Lots Numbered One Hundred
Forty -seven (147), One Hundred Forty -eight (148), One Hundred
Thirty-nine (139) and One Hundred Forty (140) in Edward H.
Rush's First Addition to the City of South Bend as found in
Plat Book 7, page 8 in the Office of the Recorder of St. Joseph
County, Indiana.
DESCRIBED MORE SPECIFICALLY AS FOLLOWS: The commencing
point being at the Northwest corner of Lot 75 in said Rush's
4th Addition; thence South 0 004' East 419.9 feet to the South-
west corner of Lot 148 in said Edward H. Rush's First Addition;
thence South 89 °49' East 254.1 feet to the Southeast corner of
Lot 140 in said Edward H. Rush's First Addition; thence 0 003'
West 419.9 feet to the Northeast corner of Lot 83 in said
Rush's 4th Addition; thence North 89 049' west 254.2 feet to the
point o_f commencing. EXCEPT all North -South and East -west
alleys between said lots.