Amend Code Chapter 2 Article 6 Tax Abatement Procedures Repealing Ordinance # 8668-96

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BILL NO. 51-96 ORDINANCE NO. R3 ',)-')/9 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING VARIOUS SECTIONS WITHIN CHAPTER 2, ARTICLE 6, ENTITLED TAX ABATEMENT PROCEDURES OF THE SOUTH BEND MUNICIPAL CODE REPEALING ORDINANCE NO. 8668-96 STATEMENT OF PURPOSE AND INTENT The Indiana State Legislature has given to all communities the ability to enhance development through a myriad of economic revitalization programs . The City of South Bend believes that its current guidelines in this area should be upgraded in the effort to provide additional incentives for some of the residential areas of our City to be developed. The City believes that this ordinance meets the definition of "economic revitalization area", and further believes that there are additional factors which have prevented a normal development of property or use of property which have resulted in a lack of development and a cessation of growth. Through the joint efforts of the city administrative branch and the city legislative branch working together with concerned citizens, this proposed ordinance is filed in the interest of providing an additional tool to assist the City in combating the restrictions imposed by state law addressing annexation, which have also limited the growth and development of the City. The areas designated in this ordinance are within the ten percent (10%) guideline permitted under Indiana Code §6-1 . 1-12 .1- 2 (c) . It is believed that the following ordinance is in the best interest of the City and would help bring needed economic revitalization and development . NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, as follows: Section I . Chapter 2, Article 6, Section 2-76 . 1 entitled "Definitions" subparagraph (a) (20) of the South Bend Municipal Code shall read in its entirety as follows : (20) Residentially Distressed Areas (RDA) shall mean the areas located within the City of South Bend as designated on the attached maps and legal descriptions which are incorporated herein by reference, are maintained in the Office of the City Clerk and are available for public inspection during regular business hours . RDA' s are generally described and labeled as follows : Exhibit No. Description Approximate Acreage RDA-A13 Rum Village-Prospect 13 .42 RDA-A14 Rum Village-Calvert 2 .38 RDA A-15 Southeast-Broadway 5 . 89 RDA A-16 Northeast-Bissell 1 . 95 RDA A-17 Northeast-Howard 2 .78 RDA A-18 LaSalle Street-West 2 . 08 RDA A-19 LaSalle Street-Chapin 0 .57 RDA-20 Far Northwest-Bergan 5 . 04 RDA-21 Rum Village-Wabash 6 . 69 RDA-22 Rum Village-Grant 1 .45 RfA-21 Far Nnrthwact—Framnnt 11 _ 14