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04-28-08 Council Meeting Agenda & Packet
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04-28-08 Council Meeting Agenda & Packet
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9/12/2012 9:26:17 AM
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4/24/2008 2:09:36 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
4/28/2008
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SECTION V. The Common Council hereby accepts the report and recommendation of the <br />Community Ecanami� - e meni Gommltteethanhe- are—a-herei dscribed=b--dL-sipaiod- <br />as a Residentially Distressed Area and hereby adopts a Resolution designating this area as a <br />Residentially Distressed Area for purposes of real property tax abatement. <br />SECTION VI. The designation as a Residentially Distressed Area shall be limited to five (5) <br />calendar years from the date of the adoption of this Resolution by the Common Council. <br />SECTION VII. The Common Council hereby determines that the property owner is qualified for <br />and is granted property tax deduction for a period of five (5) years. <br />SECTION VIII. The Common Council directs the City Clerk to cause notice of the adoption of <br />this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana <br />Code 5 -3 -1 and Indiana Code 6- 1.1- 12.1 -2.5, said publication providing notice of the public <br />hearing before the Common Council on the proposed confirming of said declaration. <br />SECTION IX. Pursuant to Indiana Code 6 -1.1- 12.1 -2, the rehabilitation must meet all local code <br />standards for habitability as a specific condition of having such property designated as a <br />residentially distressed area. <br />SECTION X. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br />Member of the Common Council <br />IEZ In ffice <br />PRESENTED <br />NOT APPROVES 4 <br />ADOPTEf? iN. <br />
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