6.A.(1) Resolution No. 2529 - Laserfiche WebLink

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RESOLUTION NO. A RESOLUTION APPROVING AN APPLICA~hION FOR RE:-~L PROPER"fY TAX DEDUCTION V'~'HERF,AS_ LC. G-I.I-L.I-?(l) pro~~idcs that an application i~~r propety tax deduction ma~~ not be ahlxo~ ed ~~~hen the property is located in an allocation area as defined in LC. 36-7-14-39. unless the Redevelopment Commission ~~~hich designated that allocation area adopts resolution appro~~ing that application: and WHEREAS. the South Bend Common Council has recci~ed a petition for (5) ii~eycars of real property tax abatement consideration from the Northeast 'V~eighborhood Rc~italization Organization. Inc. and y'V'eiss Homes. Inc. for real properly located at 719 and 7?5 Turnock Street in the Northeast Neighborhood De~~clopmcnt Arca_ the dc~°elopment area location and legal description of ~ihich arc attached hereto_ marked Cxhibit "A" and incorporated herein; and ~y'HERI=AS. this Commission declared the Northeast Neighborhood Deg clopment Arca by Resolution No. ?016, adopted No~~embu 17. ?00;. and in the same resolution declared the Northeast Neighborhood Dc~elupmcnt Arca Allocation Arl:a; and WHE~RI:AS, the property located at 719 and 7?5 Tw-nock SUect is located ~~~ithin the Northeast Neighborhood Dc~~elopment Area Allocation .Area: NO\~_ I~HFREFORE_ BE I"h RESOLy'ED by the South I3cnd Rcde~~clopmcnt Commission as follo«'s: i) The Commission tinds that the application from the Northeast Neighborhood Rc~italixution Organisation. Inc. and ~y'eiss Homes. Inc. fbr (j) tisc wars of real property tax abatement consideration f~~r property located at 719 and 7'?5 Turnock Street in the Northeast '~'cighborhood Dc~clopmcnt Arca Allocation Arca should be and is hercb~~ appro~~cd. ?) l~hat a copy of this resolution be t~~r~~~arded to the South Bend Common Council to indicate the Conuuission's appro~a1 of the petition for rail property tax tibatement for the Northeast Neighborhood Rey italizatiun Organization. lnc. and Vdeiss Humes. Inc. Appro~cd this day of December. ?OOS. at the regular meeting of the South Bcnd Rcdc~clopmcnt Commission. SOUTH }SEND REDEVELOPS-1l:AT COM'v11SSlON A~(~~I~EST: