09-12-11 Common Council Meeting Minutes

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REGULAR MEETING SEPTEMBER 12, 2011 WHEREAS, the Petitioner will exceed the five year designation period granted in the Confirmatory resolution, which will expire on September 25, 2011; and WHEREAS, the Petitioner has requested an additional period of time to complete construction of the planned project. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Confirming Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for residential property tax abatement only and is now limited to six (6) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted residential property tax deduction for a period of five (5) years. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Derek D. Dieter Member of the Common Council RESOLUTION NO. 4121-11 A RESOLUTION RECONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS VACANT LAND AT 1746 ALFTON COURT AND VACANT LAND AT 1810 ALFTON COURT TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL PROPERTY TAX ABATEMENT FOR FOSTER CUSTOM HOMES WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known asVacant Land at 1746 Alfton Court and Vacant Land at 1810 Alfton Court, South Bend, Indiana, and which is more particularly described as follows: Lot number 30 as shown on the plat of Norawood Manor, recorded July 7, 2006 in the Office of the Recorder of St. Joseph County, Indiana as Instrument 0628791 and which has Key Number 023-1050-320112/71-09-31-456-025.000-002 and Lot number 31, as shown on the plat of Norawood Manor, recorded July 7, 2006 in the Office of the Recorder of St. Joseph County, Indiana as Instrument 0628791 and which has Key number 023-1050-320113/71-09-31-456-024.000-002as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and 13