Designating Tax Abatement - 901& 909 N. St. Peter St. Snyder Customer Homes, Inc. (2)

Home Browse Search

RESOLUTION NO. ~ ~~~ `~`~ A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 901 (Lot 2) and 909 (Lot 1) North St. Peter Street AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR Snyder Custom Homes, Incorporated WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement have been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 901 (Lot 2) and 909 (Lot 1) North St. Peter Street (old consolidated address is 727 East Corby Street), South Bend, Indiana, and which is more particularly described as follows: Lot 1 and Lot 2 as shown the same and designated on the Plat of Snyder's Corby Street Minor Subdivision as in the Office of the Recorder of St. Joseph County, Indiana; and this property which has the old consolidated Tax Key Number of 018-5107-3766, be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-l .1-12.1 et sec ., and South Bend Municipal Code Sections 2-76 et seq., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6-1.1- 12.1, et sec ., and South Bend Municipal Code Sections 2-76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required bylaw; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as a Residentially Distressed Area.