Laserfiche WebLink
REGULAR MEETING <br />DECEMBER 8, 2003 <br />A. That the description of the proposed redevelopment meets the applicable standards for <br />such development. <br />B. That the estimate of the value of the redevelopment is reasonable for projects of this <br />nature; <br />C. That the other benefits about which information was requested are benefits that can be <br />reasonably expected to result from the proposed described redevelopment; and <br />D. That the totality of benefits is sufficient to justify the requested deduction, all of which <br />satisfy the requirements of Indiana Code 6- 1.1- 12.1 -3. <br />E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local <br />code standards for habitability. <br />F. The deduction will not be allowed unless the dwelling rehabilitation is completed <br />within five (5) calendar years from the date of the adoption of this Resolution by the <br />Common Council. <br />SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the <br />area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such <br />designation is for Real property tax abatement only and is limited to five (5) calendar years from the <br />date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION V. The Common Council hereby determines that the property owner is qualified for and <br />is granted Real property tax deduction for a period of five (5) years, and further determines that the <br />petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and <br />Indiana Code 6 -1.1 -12.1 et se . <br />SECTION VI. 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 />s /Karen L. White <br />Member of the Common Council <br />Mr. Jay Brandenberger, Faculty Member, University of Notre Dame, 137 South Ellsworth Place, <br />South Bend, Indiana, made the presentation for this bill. <br />Mr. Brandenberger stated that he and his wife plan to build a single family home of about twenty <br />four hundred (2,400) square feet at 1035 North Notre Dame Avenue. He stated that they seek tax <br />abatement for five (5) years to support building in a redevelopment area. <br />A Public Hearing was held on the Resolution at this time. <br />There was no one present wishing to speak to the Council in favor of this bill. <br />The following individual spoke in opposition of this bill. <br />Mr. Will Taylor, 511 Marigold Way, South Bend, Indiana, stated that he is a member of the MIPOA <br />and he believes that any tax abatements for development in the City of South Bend should be <br />considered by the Council moot considering that the taxes have been raised on some of the properties <br />owned by personal residents of the County and City and by landlords across the City and the County <br />by as much as three hundred per cent (300 %) to five hundred per cent (500 %). He noted that there <br />appears to be individuals who have the means to pay taxes but there are also the elderly who are on <br />fixed incomes that have had their taxes raised significantly. He noted that in some cases, taxes are <br />more than house payments and he believes that people that can afford to build large houses should <br />have to pay taxes and not receive tax abatements. He suggested that a tax abatement for a one (1) <br />year period while the house is being built would not be out of line but not any longer. He stated that <br />the Council should take these types of tax abatements under advisement. <br />-31- <br />