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(I) have been sold and not redeemed under Indiana Code §6-1.1-24 and <br /> Indiana Code §6-1.1-25; or <br /> (ii) are owned by a unit of local government; <br /> or are found in the alternative to: <br /> (I) Have a significant number of dwelling units within the area which are not <br /> permanently occupied or have a significant number of parcels in the area which <br /> are vacant land; and <br /> (II) Have a significant number of dwelling units within the area which are: <br /> (I) the subject of an order issued under Indiana Code <br /> §36-7-9; or <br /> (ii) evidence of significant building deficiencies; and <br /> (III) Have experienced a net loss in the number of dwelling units, as documented by <br /> census information, local building and demolition permits, or certificates of <br /> occupancy, or <br /> the area is owned by Indiana or the United States; and <br /> The RDAs designated herein(plus any areas previously designated under Indiana Code <br /> §6-1.1-12.1-2)will not exceed ten percent(10%)of the total area within the Council's <br /> jurisdiction. <br /> SECTION II. Chapter 2, Article 6, Section 2-77.1(b) entitled"New Construction" of the <br /> South Bend Municipal Code shall be amended in its entirety by the following language: <br /> (b) New Construction: Proposed single-family new construction homes which <br /> meet the requirements addressing residentially distressed areas set forth in I.C.. 6-1.1-12.1-2, <br /> may be considered for five-year real property tax abatement. <br /> SECTION III. This Ordinance shall be in full force and effect from and after its passage <br /> by the Common Council and approval by the Mayor. <br /> �—� <br /> Member, South Bend Common ouncil <br /> �i1ed 6� Cl���:'� ���ic� <br /> ��9�Y 2 � 1�g7 <br /> 1st READING �� _�'� �o�r��;';y.:�'sj�;�'~--� <br /> PUBLIC HEARING �_ _c�7 C�'�`�:t�:;�r,,�;�.��t��.js e��, <br /> 3 rd READING lo—y—` 7 <br /> t�OT APPROV.ED <br /> REFERRED <br /> �aASSED b—�� 97 <br />