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Home My WebLink AboutNo. 2333 approving an application for real property tax deduction (Key SB, 202 S. Michigan)RESOLUTION NO. 2333 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 ten (10) years of real property tax abatement consideration from Key SB, LLC (The Hinman Company) for real property located at 202 South Michigan Street in the South Bend Central Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the South Bend Central Development Area by Resolution No. 737, adopted May 10,1985, and in the same resolution declared the South Bend Central Development Area, Allocation Area No. lA; and WHEREAS, the property located at 202 South Michigan Street is located within the South Bend Central Development Area, Allocation Area No. lA; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Key SB, LLC (The Hinman Company) for ten (10) years of real property tax abatement consideration for property located at 202 South Michigan Street in the South Bend Central Development Area, Allocation Area No. lA, 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 Key SB, LLC (The Hinman Company). Approved this 8th day of May, 2007, at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ~ i~lC 1.~«t ~~ ~k~~, ~~ Marcia I. Jones; resident ATTEST: re r S. Downes, cretary EXHIBIT A LEGAL DESCRIPTION Tax Key No.: 18-3003-0054 Description: Lot 47 40' W Cor & Vacated Alley W & Adj & W 40 X 54' Lot 48 Ex Sw Cor O P So Bend Address: Vac Lot St Joseph, South Bend, IN 46601 Tax Key No.: 18-3003-0056 Description: Lots 47 & 48 Ex W 40' Original Plat So Bend Address: 202 S. Michigan, South Bend, IN 46601 Tax Key No.: 18-3003-0044 Description: 42.18 Ft E End Lot 58 & 19.05 X 42.36 Ft N E Cor Lot 57 O P South Bend Address: VL 112 E Jefferson, South Bend, IN 46601 • EXHIE3["I a • • PARCELID ] 8-3003-0054 i'.1RCELSTA'C " ~ ,;; ~ "u8010000026 PUGET OT TEXAS INC TAX O~'1'?~ER KEY SB, LLC °~~ THE HINMAIvT C0 STREG'I' ~' ~.-Sox 50751 ,~ GITI' Kalamazoo t ~ , i. _ __ ~,-11 ZIP 49005 1li~:iK1~;AtII) I(ii REAI.RESIN[P ~~ ~~~?L:~rE~. I~ ~,[~ ~ 9i 1 PROP ADDR ~'AC LOT ST JOSEPH PRC)P CITI- South Bend PROP STATE IN PK(1P !IP -1t~~i(~I Lot 47 40' W Cor & Vacated Alley 1w' & Adj LEGALIlESCR ~ ~,, 40 X 54' Lot 48 Ex S~ Cor O P So Bend '~~=~`~' 18-3003 OOSG'. PARCELID : , . . PARCELSTA"[ 710812158011000026 PUGET OF TEXAS INC %'~' TA_X O~'1~ ER 7'HE HINMAN COMPANY- 1"1~f'N: RICH MACDONALDr STRI:E'i P O Box 50751 CITY Kalamazoo ST.-~"LIJ - MI w r ~ ~ 3~ ~+~q ; ZIP ~~y ~ r ~ ~ 490D~" TIFARLAC'ID 101 REALRESi!~IP '... ;~ ~"~~.,~_ ~. CRE.AT'El EAIL 1971 PROP_ADpR 202 MICHIGANa PROP CI"l l South Bend f~ k PROP_STATE f ~~ ~'~` ~~~ , PROP_LIP 46601 Lots 47 R 48 Ex W 40' LEGALDESCR Original Plat So Bend • • •