HomeMy WebLinkAboutNo. 2445 approving an application for real property tax deduction in the South Side Development Area (4315 S. Lafayette)RESOLUTION N0.2445
A RESOLUTION APPROVING AN APPLICATION FOR
REAL 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 up to eight (8)
years of real property tax abatement consideration from Heraeus Kulzer, Inc. for real property
located at 4315 South Lafayette Blvd. in the South Side Development Area, the development area
location and legal description of which are attached hereto, marked Exhibit "A" and incorporated
herein; and
WHEREAS, this Commission declared the South Side Development Area by Resolution
No. 1928, adopted December 20, 2002, and in the same resolution declared the South Side
Development Area Allocation Area (South Bend Allocation Area No. 1) and
WHEREAS, the property located at 4315 South Lafayette Blvd. is located within the
South Side Area Allocation Area;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
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Commission as follows:
1) The Commission finds that the application from Heraeus Kulzer, Inc. for up to eight
(8) years of real property tax abatement consideration for property located at 4315 South Lafayette
Blvd. in the South Side Development Area Allocation Area 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 real property tax abatement for Heraeus
Kulzer, Inc.
Approved this 28 day of March, 2008, at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
EXHIBIT A
LEGAL DESCRIPTION
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Address: 4315 Lafayette (2 parcels)
Legal Description:
Parcel 1: 314 X 675.6" BEG 628' W NE COR SE '/4 NE '/4 4.86AC SEC 26 37 2E
Parcel 2: 314 X 628' BEG NE COR SE 1/4 NE '/4 4.528 A SEC 26 37 2E
Parcel Number:
Parcel 1: 23-1013-075802
Parcel 2: 23-1013 -075 801
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