HomeMy WebLinkAboutNo. 2371 approving an application for personal property tax deduction 3722 Foundation Ct Imagineering EnterprisesRESOLUTION NO. 2371
• 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 Imagineering Enterprises, Inc. ,for personal
property located at 3722 Foundation Court in the Airport Economic Development Area, the legal
description of which is Lot numbered Two (2) as shown on the plat of Metro-Aledo Minor
Subdivision and recorded as document number 9440809 in the Office of the Recorder of St. Joseph
County, Indiana excepting the sixty (60) feet in width off the entire south side thereof., 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 3722 Foundation Court 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 Imagineering Enterprises, Inc., for (5)
five years of personal property tax abatement consideration for property located at 3722 Foundation
Court 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
Imagineering Enterprises, Inc.
Approved this ~ ~~~ day of August, 2007, at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
~~ ~'f
Marcia I. Jones, P ident
• ATTEST:
ory S. Downes, Se ary
•
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