HomeMy WebLinkAboutNo. 2472 approving an application for personal property tax deduction 4201 Linden Ave. GTA ContainersRESOLUTION N0.2472
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, LC. 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 (5) five years of
personal property tax abatement consideration from GTA Containers, Incorporated (Foxtrot Realty
Corporation)for personal property located at 4201 Linden Avenue in the Airport Economic
Development Area, the legal description of which is attached hereto, marked Exhibit "A" and
incorporated herein; and
WHEREAS, this Commission declared the Airport Economic Development Area by
Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Airport
Economic Development Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at 4201 Linden Avenue is located within the Airport
Economic Development Allocation Area, Allocation Area No. 1.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
• as follows:
1) The Commission finds that the application from GTA Containers, Incorporated (Foxtrot
Realty Corporation) for (5) five years of personal property tax abatement consideration for property
located at 4201 Linden Avenue in the Airport Economic Development Allocation Area, Allocation
Area No. 1, 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 personal property tax abatement for GTA
Containers, Incorporated (Foxtrot Realty Corporation).
Approved this 18th day of July, 2008, at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Marcia I. Jones, Pres' nt
ATTEST:
re s, cretary
EXHIBIT A
LEGAL DESCRIPTION
Description: "A part of the east half of the southwest quarter of Section 4, township 37 North,
Range 2 East, South Bend, Indiana, more particularly described as follows, viz:
Beginning at a point on the south line of said southwest quarter 578.67 feet west of
the southeast corner of said southwest quarter; thence continuing westerly along said
south line of southwest quarter with an assumed bearing of North 89°42'30" West,
741 feet more or less to the west line of the east half of said southwest quarter, 1344
feet more or less to the southerly right-of--way line of the New York Central Railroad
Company; thence South 79° 18'30" East along said southerly right-of--way line 758.3
feet, more or less to a point which is North 00°08' 15" East 1207.34 feet to the place
of beginning, excepting from the above described tract a strip of land 40 feet in
width, north and south, taken off of and from the entire width of the south and thereof
for Linden Avenue.
Tax Key No.: 018-35174-85744 (Personal Property); 18-2193-7257 (Real Property)
• Address: 4201 Linden Avenue
South Bend, Indiana 46619
•