Loading...
HomeMy WebLinkAboutConfirming Tax Abatement - 711/715 California Ave - Near Northwest Neighborhood, IncRESOLUTION 3591-06 Passed by the Common Council of the City of South Bend, Indiana May 22, Attest: 06 Zo r ` d'~l/~ City Clerk President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana May 23, 06 20 Approved and signed by me MaY 25 20 06 -~ v ----- City Clerk RESOLUTION NO. 3 S `~ ~ - b~ A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 711/715 CALIFORNIA AVENUE RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR NEAR NORTHWEST NEIGHBORHOOD, INC. 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 711/715 California Avenue, South Bend, Indiana, and which are more particularly described as follows: Tax lot numbered 13 in lot numbered 134 of the third plat of Shetterley Place, South Bend and this property has Tax Key Numbers 18-1062-2664 and 18-1062-2665, be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et sea., and South Bend Municipal Code Sections 2-76 et sea., 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 WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for a residentially distressed area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds that the petition for real property tax abatement and the Statement of Benefits form meet the requirements of Indiana Code 6-1.1-12.1 et sea., for tax abatement. SECTION II. The Common Council hereby determines and finds that the area meets one of the following conditions as formally established in Ordinance no. 8845-97, which was passed on December 8, 1997: A. The area is comprised of parcels that are either unimproved or contain only one (1) or two (2) family dwellings designed for up to four (4) families, including accessory buildings for those dwellings; or B. Any dwellings in the area are not permanently occupied and are: i. the subject of an order issued under IC 36-7-9; or ii. evidencing significant building deficiencies; or C. Parcels of property in the area: i. have been sold and not redeemed under IC 6-1.1-24 and IC 6-1.1-25; or ii. are owned by a unit of local government; or D. A significant number of dwelling units within the area are not permanently occupied or a significant number of parcels in the area are vacant land; or E. A significant number of dwelling units within the area are: i. the subject of an order issued under IC 36-7-9; or ii. evidencing significant building deficiencies; or F. The area has experienced a net loss in the number of dwelling units, as documented by census information, local building and demolition permits, or certificates of occupancy, or the areas are owned by Indiana or the United States; or G. The area (plus any areas previously designated under this subsection) will not exceed ten percent (10%) of the total area within the Council=s jurisdiction. SECTION III. The Common Council also hereby determines and finds the following: A. That the description of the proposed redevelopment meets the applicable standards for such development. B. That the estimate of the value of the redevelopment is reasonable for projects of this nature; C. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment; and D. That the totality of benefits is sufficient to justify the requested deduction, all of which satisfy the requirements of Indiana Code 6-1.1-12.1-3. E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local code standards for habitability. F. The deduction will not be allowed unless the dwelling rehabilitation is completed within five (5) calendar years from the date of the adoption of this Resolution by the Common Council. 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 sea. 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. P:OT l',?P~:~~,~' r,pOPTE~ ,_ Member of the Co on Council Filc~~1 Ira ~i~rk'~ Office f,',~Y 3 L, .,J JAH~dVnGRCE 3 CITY CL~nK, 5J. EE!dD, IPd. 1200 C,OCJNTY-CITY I~UILD[NG 227 W JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT SHARON T. KENDALL EXECUTIVE DIRECTOR Apri126, 2006 Council Member Roland Kelly, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Residential Real Property Tax Abatement Petition for: Near Northwest Neighborhood, Inc. Dear Council Member Kelly: Please find attached the Department of Community & Economic Development's report on a residential real property tax abatement petition for the Near Northwest Neighborhood, Inc. to build a single family house at 711/715 California Avenue. Also attached is a copy of the petition, Statement of Benefits form and supporting information. The report contains the department's findings relative to the above petition. The petitioner proposes to build a new single family, three bedroom home with a total of six rooms. It will contain 1,120 to 1,300 square feet and have a basement and an attached 20 ft. X 22 ft. garage. The cost of the home will be approximately $120,000. The home will straddle the common property line of the two lots located at 711 and 715 California Avenue. The project meets the qualifications for five (5) year real property tax abatement. The petitioner will be available to meet with the Committee on Monday, May 8, 2006. Should you or any of the other Council members have any questions concerning the report or need additional information, please feel free to call me at 235-5826. Sincerely, ~» ~~ti~% Bob Mathia Assistant Director, Economic Development Attachments cc: South Bend Common Council Members Mayor Stephen Luecke Sharon Kendall Don Inks Filed In Clerk's Office APR 2 7 2006 JOhra l~'~aRCE CITY ClES C, ~0• B~idD, IV. COMMUNITY DEVELOPMENT' ECONOMIC DEVELOPMENT PAMELA C. MEYER DONALD E. INKS 574/235-9660 574/235-9371 FAX: 574/235-9697 FINANCIAL HC PROGRAM MANAGEMENT ELIZABETH LEONARD 574/235-9371 1200 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY SL ECONOMIC DEVELOPMENT SHARON T. KENDALL EXECUTIVE DIRECTOR TAX ABATEMENT REPOR T TO: SOUTH BEND COMMON COUNCIL FROM: ROBERT MATHIA SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR: NEAR NORTHWEST NEIGHBORHOOD, INC. DATE: April 26, 2006 On Apri118, 2006, a petition for residential tax abatement consideration for real properties located at 711/715 California Avenue was filed with the City Clerk by the Near Northwest Neighborhood, Inc. Pursuant to Chapter 2, Article 6, Section 2-77 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Community and Economic Development for purposes of investigation and preparation of a report determining whether the area qualifies as a Residentially Distressed Area pursuant to I.C.6-1.1-12.1 and whether all zoning requirements have been met. The Department of Community and Economic Development has reviewed the petition (a copy of which is attached), investigated the area and makes the following report. PROJECT DESCRIPTION The Near Northwest Neighborhood, Inc. is preparing to build a new home on the property listed above. The petitioner proposes to build a new single family, three bedroom home with a total of six rooms. It will contain 1,120 to 1,300 square feet and have a basement and an attached 20 ft. X 22 ft. garage. The cost of the home will be approximately $120,000. The home will straddle the common property line of the two lots located at 711 and 715 California Avenue. The petitioner plans to complete construction of the home by the end of August, 2006. COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SC PROGRAM PAMELA C. MEYEA DONALD E. INKS MANAGEMENT 574/235-9660 574/235-9371 EuzaeETx LEONARD PAX: 574/235-9697 574/235-9371 South Bend Common Council RE: Near Northwest Neighborhood, Inc. Apri126, 2006 Page 2 ABATEMENT QUALIFICATION 1. A review of the tax abatements previously granted, finds that the petitioner has been associated with or granted the following previous tax abatements. Term/Type 5 year real property 5 year real property Resolution No. 3214-03 3506-OS Date 07/28/03 08/22/05 2. The building commissioner has reviewed this petition and finds the properties to be properly zoned for the proposed prof ect. However, the building commissioner did note that a replat may be needed through the Area Plan Commission prior to a building permit being issued. 3. A review of the South Bend Redevelopment designation areas finds that the property is not located in a Tax Increment Allocation Area; therefore, no action was required by the South Bend Redevelopment Commission. 4. A review of the Tax Abatement Ordinance no. 8065-90, as amended by Ordinance No. 8854-97, finds that the petitioner meets the qualifications for a five year residential tax abatement under Section 2-77.1 (Single Family Real Property Abatement). 5 YEAR 26-Apr-06 NEAR NORTHWEST NEIGHBORHOOD. INC. South Bend Portage Township Residential Real Property Tax Abatement Schedule* Estimated Project Cost: Assessed Value: STRUCTURE (assume 85% of project cost): LAND (assume $10,000): Gross Assessed Value: Less Mortgage Exemption: Less Standard Homeowners Deduction: Base Assessed Value: Base Assessed Value: Less Maximum Abatement Deduction Less Non-Abated Amount: Plus Land Assessed Value: Net Assessed Value: $120,000.00 Total Taxes Tax Abated** Tax Paid*** 102,000.00 102,000.00 102, 000.00 10,000.00 N/A N/A 112, 000.00 102,000.00 102, 000.00 (3,000.00) (3,000.00) (3,000.00) (35,000.00) (35,000.00) (35,000.00) 74,000.00 64,000.00 64,000.00 74,000.00 64,000.00 64,000.00 N/A N/A ($64,000.00) N/A 0.00 N/A N/A N/A 10,000.00 74,000.00 64,000.00 10,000.00 Property Taxes: Assume constant tax rate of: 4.89060% 4.89060% 4.89060% Gross Tax (tax rate x net assessed value): 3,619.04 3,129.98 489.06 Less SRTC (21.6113%): (782.12) (676.43) (105.69) Less Homestead Credit (24.3982%): (692.16) (598.62) (93.54) Net Tax: 2,144.76 1,854.93 289.83 Net Assessed Total Year Value Taxes Due Tax Abated Tax Paid 1 74,000.00 2,144.76 1,854.93 289.83 2 74,000.00 2,144.76 1,854.93 289.83 3 74,000.00 2,144.76 1,854.93 289.83 4 74,000.00 2,144.76 1,854.93 289.83 5 74,000.00 2,144.76 1,854.93 289.83 5yeartotals: 10,723.80 9,274.65 1,449.15 *This schedule is for estimation purposes only and assumes constant tax rates. The true tax values will ultimately be determined by the actual assessed valuation and the then current tax rates. **Tax Abated is capped at $74,600 of assessed value of structures only and does not include land assessed value. ***Tax Paid is calculated using the difference between actual assessed value of structure and maximum abated portion of $74,600 and adding back the land assessed value. CITY OF SOUTH BEND, INDIANA PETITION FOR RESIDENTIAL TAX ABATEMENT CONSIDERATION The undersigned owner(s) of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for Residential Real Properly tax abatement consideration and pursuant to I.C., 6-1.1-12.1-1, et_ seq., and South Bend Municipal Code Sec. 2-76 et_ seq., for this petition states the following: 1. Describe the proposed construction project, including information about square footage, numbers of rooms, amenities, the amount of land to be used, the proposed use of the improvements, and a general statement as to the. importance of the.project (use additional sheet for project description if necessary): 2. Estimate the.dollar value of the construction project (do not include land cost): $ ~ ~ d~~ 3. The real property for which tax abatement consideration is petitioned (Property) is owned or to be owned by the following individual(s) or corporations (ifthe business organization is publicly held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): Name Address Interest d1~a~~arl-~..~. Al '~,dar{,a.,-.l r~ lvo7 P~~, ~¢, ~y~c~a~~ ~ t~ 466r~ boner 4. .The commonly known address of the Property is: 7// /; ~n -` 0. ~ 7iS~Q/, r~ f~nd having tax key no.: 1R -- /QGo? '020 (o ~¢ (use additional sheet for multiple addresses). s-eo6z-a~6s 5. A legal description of said Property(s) is attached hereto, marked Exhibit "A", and is incorporated herein. 6. A map and/or plat indicating the location of the Property(s) is attached hereto, marked Exhibit "B", and is incorporated herein. 7. The current assessed valuation of the property before construction is $~1s~~/OO (use additional sheet for multiple addresses). 8. Photographs of the Property, taken within two (2) weeks of the filing of this petition, are attached hereto, marked Exhibit "C", and incorporated herein. 9. List the real property taxes paid at the location during the previous two years, whether paid by the current owner or a previous owner (use additional sheet for multiple addresses): rs ! A - -4- av ex Cm ~-'f 10. What is your best estimate of the after completion market value of the property: $ r~J ~~ 1 1. No building permit has been issued for construction on the property in connection with the improvement in question as of the date of filing of this petition. The building permit may be issued after the South Bend Common Council has approved the Declaratory Resolution. (Tax abatement is not available if a building permit has already been issued). The signature below is verification of this statement. 12. List other anticipated public financing for the project, including any assistance to be sought or already authorized through the United States Department of Housing and Urban Development funds from the City of South Bend, South Bend Housing Authority, Housing Assistance Office, St. Joseph County Housing Consortium or other public financial assistance, including bit not limited to public works improvements: Sf. J"osenh ~aur~Fu ~ol~sihq CbhS~~~iu.fn 13. Describe how the property has become undesirable for or impossible of normal development because of a lack of development, cessation of growth, deterioration of improvements or other factors which have impaired values nd prevent a. norm l development of the property:. ~~2 ~tf~U~.~, 14. The current use of the property is V aea~,~ ~ o ~ and the current zoning is 5~ (use) and (height and area). 15. The property is located in the following Allocation Area (if any) declared and confirmed by the South Bend Redevelopment Commission (requiring approval of the tax abatement by the Redevelopment Commission): n a 16. The following person should be contacted as the petitioners agent regarding additional information and public hearing notifications: Name Addre: City, S Teleph Vi~HEREFORE, Petitioner has paid the required fee of $50.00 and requests that the Common Council of the City of South Bend, Indiana, adopt a declaratory resolution designating the area described herein as a residentially distressed area for the purposes of real property tax abatement consideration, and after publication of notice and public hearing, determine that th qualifications for a residentially distressed area have been met, and confirm such resolution. .s 2ri~ ~.e ~V'P \~ t /~ f 1^~~ \ O r~, ., ~G^_. <~c, r~- G• ..~'` Name of Property Owner(s): N~a~ Nor-N~, 4yes-f- N.e~ ~-6orh~-v~, ~t c, (Signature) 1<al%e~~ C. /fir^~lsl ~ ~xecufr~v~ (~i ~e~v t~ (Typed or printed name an capacity) 2 1. NNN intends to construct new three bedroom, six room home of 1,120 to 1,300 sq/ft, on a full 8' insulated basement. The home will have an attached 20' x 22' garage, vinyl siding, stove, dishwasher, and vent hood. The lot will be seeded and fenced upon completion of the home. The cost of the home will be in the one hundred and fifteen to twenty thousand-dollar range. The importance of this project to the city and the residence of the city is that we will be building affordable homes on infill lots in the City of South Bend. 13. 711/715 California. This area (the 700 block) of California Grove has deteriorated substantially through years of neglect by property owners, absentee landlords and a high turnover rate of property ownership and occupancy. New construction on this lot, together with the rehabilitation of several other properties in the same block and low to moderate income eligible home buyers willing to make a commitment to home ownership, is a part of the Near Northwest Neighborhood Inc.'s effort to revitalize and stabilize the City's near northwest neighborhood. This particular property has been a vacant lot for many years. Our work in this area will make this a prime site for the investment of new construction. This property also anchors an area NNN has worked to stabilize over the past two years. Near Northwest Neighborhood, Inc. in partnership the St. Joseph County Housing Consortium strongly feel New Construction in these areas will spur greater private investment and continued growth and revitalization in the City's near northwest neighborhood. Potential NNN, Inc. New Construction California Ave