Designating Tax Abatement - Vacant lot between 1016 and 1032 West Washington Street - South Bend Heritage Foundationk, INC

Home Browse Search

South Bend Common Council RE: South Bend Heritage Foundation, Inc. September 14, 2009 Page 2 Total taxes to be abated for the two houses during the (5) five-year abatement period are estimated at $16,827.76. Total taxes to be aid for the two houses during the (5) five-year abatement period are estimated at $3,896.70. ABATEMENT QUALIFICATION 1. A review of the tax abatements previously granted, finds that the petitioner has been associated with or granted the following previous abatements: TermlType Resolution No. Date 10 year real property 1967-92 8/20/1992 10 year real property 2210-95 1/09/1995 10 year real property 2383-96 7/08/1996 10 year real property 2465-97 6/09/1997 5 year real property 2504-97 8/25/1997 10 year real property 2519-97 10/10/1997 5 year real property 2515-97 10/13/1997 5 year real properly 2655-98 8/07/1998 10 year real property 2726-99 4/28/1999 5 year real property 2727-99 4/28!1999 5 year real property 2748-99 6/14/1999 5 year real property. 2936-00 10/9!2000 10 year real property 3084-02 4/22/2002 5 year real property 3160-03 2/10/2003 5 year real property 3179-03 4/14/2003 5 year real property 3473-05 6/13/2005 5 year real property 3474-OS 6/13/2005 The petitioner is in compliance with the reporting requirements for the previous abatements. 2. The Building Commissioner has reviewed this petition and finds the property to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the property is located in the West Washington/Chapin Development Area, which is a Tax Incremental Allocation Area; therefore, approval of the tax abatement petition by the South Bend Redevelopment Commission is required. 4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner meets the qualifications fora (5) five-year residential tax abatement under Section 2-77.1, .Single Family Residential Construction.