02-25-02 Council Meeting Minutes

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REGULAR MEETING FEBRUARY 25, 2002 RECONSIDERATION OF BILL NO. 02 -13 At this time Councilmember Coleman made a motion that the Council give consideration to tabled Bill No. 02 -13 as the presenter has arrived. Councilmember White seconded the motion which carried by a voice vote of eight (8) ayes. RESOLUTION NO. 3067 -02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4374 FOXFIRE DRIVE, 4131 GREENGLADE COURT AND 4308 CROSS CREEK DRIVE AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR GARDEN HOMES BY E.L., INC. WHEREAS, a Statement ofBenefits and a petition forresidential real property tax abatement has been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 4374 Foxfire Drive, 4131 Greenglade Court and 4308 Cross Creek Drive, South Bend, Indiana, and which is more particularly described as follows: Street Address Legal Description Key Number 4374 Foxfire Drive Lot 264 Cross Creek 25- 1010 - 036579 4131 Greenglade Court Lot 77 Cross Creek 25- 1010 - 036887 4308 Cross Creek Drive Lot 130 Cross Creek 25- 1010 - 036855 be designated 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 seg., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6 -1.1 -12.1, et seq., and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as a Residentially Distressed Area. 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 seq., 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 -16-