4870-20 Modifying and Reconfirming Designating Resolution No. 4721-18 for SB Mutual Homes II

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12) Address: 913 N. Lawndale. Tax ID#: 18-1089-3756 Legal Description: Lot Numbered 206 in Vassar Park Addition to the City of South Bend, as per plat thereof recorded July 30, 1919 in Plat Book 10, page 87 in the Office of the Recorder of Saint Joseph County, Indiana. Together with a right-of-way over the North 4 feet of the East 75 feet of Lot Numbered 205. 13) Address: 1138 N. Olive Street. Tax ID#: 18-2090-3369 Legal Description: Lot Numbered Three Hundred Forty-nine (349) in Mayr's Michigan Avenue Addition to the City of South Bend as per plat thereof recorded March 8, 1905 in Plat Book 8, page 190 in the Office of the Recorder of Saint Joseph County, Indiana. 14) Address: 1530 Van Buren. Tax ID#: 18-1083-3458 Legal Description: Lot Numbered Eleven (11) as shown on the recorded Plat of John L. Taylor's Addition to the City of South Bend, recorded April 9, 1924 in Plat Book 11, page 140 in the Office of the Recorder of Saint Joseph County, Indiana. as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et seq., and; WHEREAS, upon proper notice, a public hearing was held, after which the Common Council issued Confirming Resolution No. 4725-18, confirming the adoption of Declaratory Resolution No. 4721-18 on July 23, 2018; and WHEREAS, the Petitioner was granted a three-year designation period in Confirming Resolution No. 4725-18, which will expire on July 23, 2021; however, the project will not be completed until July 2021; and WHEREAS, the Petitioner has requested an additional three years to complete the 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 determines and finds that the extension of the designation period is appropriate and the project continues to meet the requirements of Indiana Code § 6-1.1-12.1 et seq. SECTION II. The Common Council hereby reconfirms Declaratory Resolution No. 4721-18 and Confirming Resolution No. 4725-18 designating the area described herein as a Residentially Distressed Area for the purpose of a residential real property tax abatement. Such designation is limited to three (3) calendar years from the date of adoption of Declaratory Resolution No. 4721- 18 by the Common Council. SECTION III. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of six (6) years as shown below and further determines that the petition and the Statement of Benefits comply with Chapter 2, Article 6, of the 3