02-28-05 Council Meeting Minutes

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REGULAR MEETINGFEBRUARY 28, 2005 SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. 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/Charlotte D. Pfeifer Member of the Common Council Mr. Bernie Feeney, Registered Land Surveyor, 715 South Michigan Street, South Bend, Indiana, made the presentation for this bill of behalf of Garden Homes by E.L., Inc. Mr. Feeney advised that the petitioner will develop forty-six (46) single family homes on 20 acres on the south side of Brick Road. The project will include sewers, water mains, storm sewers and retentions basins, along with public streets, sidewalks and lighting. The homes will be stick-built, single family homes, approximately 1,340 square feet and the cost of homes within this development is expected to be between $120,000 and $150,000. 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 White made a motion to adopt this Resolution. Councilmember Dieter seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 3425-05 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS LOTS NUMBERED 1 THROUGH 71, HIDDEN CREEK SUBDIVISION AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR PLACE BUILDERS, INC. CRYSTAL BAY BUILDERS WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as vacant land, south side of the St. Joe Valley Parkway, ½ mile west of US 31 on Jackson Road, South Bend, Indiana, and which is more particularly described as follows: Street Address: Legal Description: Key Number: 718 Summertime Lane Lot 1 Hidden Creek 01-1014-030307 726 Hidden Creek Drive Lot 2 Hidden Creek 01-1014-030308 734 Hidden Creek Drive Lot 3 Hidden Creek 01-1014-030309 14