07-11-05 Council Meeting Minutes

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REGULAR MEETINGJULY 11, 2005 designated as a Residentially Distressed Area and hereby adopts a Resolution designating this area as a Residentially Distressed Area for purposes of real property tax abatement. SECTION VI. The designation as a Residentially Distressed Area shall be limited to five (5) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION VII. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of five (5) years. SECTION VIII. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code 5-3-1 and Indiana Code 6-1.1-12.1-2.5, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION IX. Pursuant to Indiana Code 6-1.1-12.1-2, the rehabilitation must meet all local code standards for habitability as a specific condition of having such property designated as a residentially distressed area. SECTION X. 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 Councilmember Ann Puzzello, Chairperson, Community and Economic Development Committee, reported that this committee held a Public Hearing on this bill this afternoon and voted to send it to the full Council with a favorable recommendation. Mr. Derek Spier, Abonmarche Consultants, LLC, 750 Lincoln Way East, South Bend, Indiana, made the presentation for this bill on behalf of Kendall-Weiss, LLP, the developer of Lafayette Falls Subdivision. Mr. Spier advised that this is the third phase of the project that will develop seventeen (17) lots on 9.97 acres of total development that will eventually contain two hundred sixty-six (266) homes on 116.206 acres on the south side of Kern Road. This section of the development will include a pond, 641 linear feet of new streets, and the associated public and private utilities. The property was recently annexed into the City of South Bend. The homes will be stick-built, single family homes approximately 1,300 to 1,800 square feet. The homes will be constructed by Weiss-Homes Inc. The average cost of homes within this development is expected to be $167,647 with a total value for this phase of $2,850,000. 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 Kelly 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 eight (8) ayes. RESOLUTION NO. 3488-05 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 LOT NUMBERS 1a, 4, 8, 11, 12, 16, 18, 29, 34, 41, 42, 44 and 45 ROYAL OAK ESTATES SUBDIVISION, SECTION 1 AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A 11