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HomeMy WebLinkAboutNo. 0714 approving an application for real property tax deduction (Michiana Square, 100 E. Wayne St.)RESOLUTION NO. 714 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 One Michiana Square for real property tax abatement consideration for the property located at 100 E. Wayne 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 100 E. Wayne 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 One Michiana Square for real property tax abatement consideration for real property tax abatement on property located at 100 E. Wayne in the Central Downtown Urban Renewal Amended Allocation Area No. 1 is hereby approved. 2.) That a copy of this Bend Common Council One Michiana Square abatement. Approved this 24th scheduled meeting of the ATTEST: resolution be forwarded to the South to indicate the Commission approval of petition for real property tax day of August, 1984, at the regularly South Bend Redevelopment Commission SOUTH BEND REDEVELOPMENT COMMISSION mtzi rresi.ae LEGAL DESCRIPTION CENTRAL DOWNTOWN PROJECT, INDIANA R -66 DISPOSITION PARCEL NO. 8 -1 Lot Numbered Seven (7) as shown on the recorded Plat of River Bend Addition, recorded May 4, 1977 in the Office of the Recorder of St. Joseph County, Indiana, in Plat Book "R ", page 31. D