10-12-09 Common Council Minutes - Laserfiche WebLink

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REGULAR MEETINGOCTOBER 12, 2009 SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12.1 et seq. SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Derek D. Dieter Member of the Common Council Ms. Dea Andrews, South Bend Heritage Foundation, Inc., 803 Lincoln Way West, South Bend, Indiana, made the presentation for this bill. Ms. Andrews advised that South Bend Heritage Foundation, Inc. intends to construct two new single-family homes on the vacant lot they currently own on West Washington Street. She stated that they are replatting the lot to permit the construction of the two homes. Ms. Andrews further advised that the homes will be approximately 1,700 square feet with three bedrooms. The average cost of the two homes will be approximately $180,000. The two homes are part of the first allocation of the Neighborhood Stimulus Program (NSP) funding. She stated that several single-family homes will be built in targeted areas to serve the homeowners with a household income of up to 120% of the Area Median Income using NSP funds. She noted that the sales prices of the two homes will be discounted in order to make them affordable to these potential customers. She stated that the total taxes to be abated for the two houses during the five (5) year abatement period are estimated at $16,827.76. Total taxes to be paid for the two houses during the five (5) year abatement period are estimated at $3,896.70. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Varner made a motion to adopt this Resolution. Councilmember Rouse seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes. BILL NO. 09-67 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROVING AN ORDER OF THE ST. JOSEPH COUNTY AREA PLAN COMMISSION APPROVING A CERTAIN DECLARATORY RESOLUTION AND AN AMENDMENT TO THE NORTHWEST NEIGHBORHOOD DEVELOPMENT AREA DEVELOPMENT PLAN ADOPTED BY THE SOUTH BEND REDEVELOPMENT COMMISSION Councilmember Varner made a motion to consider the substitute version of this bill. Councilmember LaFountain seconded the motion which carried by a voice vote of eight (8) ayes. Additionally, Councilmember Varner made a motion to continue this bill until the October 26, 2009, meeting of the Council. Councilmember LaFountain seconded the motion which carried by a voice vote of eight (8) ayes. 14