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REGULAR MEETING <br />APRIL 23, 2007 <br />C. That the other benefits about which information was requested are benefits <br />that can be reasonably expected to result from the proposed described <br />redevelopment; and <br />D. That the totality of benefits is sufficient to justify the requested deduction, <br />all of which satisfy the requirements of Indiana Code 6-1.1-12.1-3. <br />E. The deduction will not be allowed unless the dwelling is rehabilitated to <br />meet local code standards for habitability. <br />F. The deduction will not be allowed unless the dwelling rehabilitation is <br />completed within five (5) calendar years from the date of the adoption of <br />this Resolution by the Common Council. <br />SECTION IV. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as a Residentially Distressed Area for the purposes <br />of tax abatement. Such designation is for Real property tax abatement only and is limited <br />to five (5) calendar years from the date of adoption of the Declaratory Resolution by the <br />Common Council. <br />SECTION V. The Common Council hereby determines that the property owner is <br />qualified for and is granted Real property tax deduction for a period of five (5) years, and <br />further determines that the petition complies with Chapter 2, Article 6, of the Municipal <br />Code of the City of South Bend and Indiana Code 6-1.1-12.1 et seq. <br />SECTION VL This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approval by the Mayor. <br />s/Timothy A. Rouse <br />Member of the Common Council <br />Mr. Todd Junkins, Habitat for Humanity of St. Joseph County, 402 E. South Street, South <br />Bend, Indiana, made the presentation for these Resolutions. <br />Mr. Junkins advised that on Bill No. 07-59, Habitat for Humanity intends to construct (5), <br />single family homes with volunteer labor and donated materials to build the homes. Two <br />types of homes will be constructed. One style is a three bedroom, one bath, 1,120 square <br />feet, built on a four-foot crawlspace or a full basement. The other style is a 1,344 square <br />foot, four bedrooms, two baths home also built on a four-foot crawlspace or a full <br />basement. The price of each of the homes will be $65,000. Mr. Junkies further noted <br />that on Bill No. 07-60, Habitat for Humanity plans to build four, new, single-family <br />residences: either athree-bedroom, 1 bath home of 1,120 square feet, afour-bedroom, 2 <br />bath home of 1,344 feet, or afive-bedroom, 2 bath home with 1,440 square feet. The <br />homes will be built with afour-foot crawl space or a full basement. <br />A Public Hearing was held on these Resolutions at this time. <br />There was no one present wishing to speak to the Council either in favor of or in <br />opposition to these Resolutions. <br />Councilmember Dieter made a motion to adopt Bill No. 07-59. Councilmember Pfeifer <br />seconded the motion which carried and the Resolution was adopted by a roll call vote of <br />eight (8) ayes. <br />Councilmember Kelly made a motion to adopt Bill No. 07-60. Councilmember Dieter <br />seconded the motion which carried and the Resolution was adopted by a roll call vote of <br />eight (8) ayes. <br />18 <br />