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REGULAR MEETING FEBRUARYI2, 2001 <br />abatement. Such designation is for Real property tax abatement only and is limited to five (5) <br />calendar years from the 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 <br />for and is granted Real property tax deduction for a period of five (5) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend <br />and Indiana Code 6 -1.1 -12.1 et sea. <br />SECTION VI. This Resolution shall be in full force and effect after April 19, 2001 and after <br />its adoption by the Common Council and approval by the Mayor; and effective upon the completion <br />of the annexation of said real estate into the corporate limits of South Bend, Indiana. <br />s /Charlotte Pfeifer <br />Member of the Common Council <br />Mr. Leroy Yoder, 17874 State Road 23, South Bend, Indiana, addressed the Council and advised that <br />he has a Power of Attorney to speak on behalf of this Resolution. <br />Mr. Yoder stated that this project consists of a villa community similar to the Southfield community <br />that they just finished on Miami Road. He stated that he believes this abatement will help the <br />prospect of purchasers buying the land at this location. <br />A Public Hearing was held on the Resolution at this time. <br />There was no one present wishing to speak to the Council either in favor of or in opposition to this <br />Resolution. <br />Councilmember Uj dak advised for the record that he has a business relationship with Garden Place <br />LLC but as determined by Council Attorney he does not have a conflict with consideration of this <br />Resolution. <br />Therefore, Councilmember Kelly made a motion to adopt this Resolution. Councilmember King <br />seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) <br />ayes. <br />RESOLUTION NO. 2967 -01 A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 5017 AND 5033 <br />OAK PLACE; 303, 317, 322, 345, 359, 402, 407, 423, 457, <br />475, 503 AND 515 EVERGREEN PLACE; 4901, 4911, <br />4952, 4955, 5011, 5012, 5023, AND 5030 MAPLE LANE; <br />4953, 5015, 5033, AND 5036 PINE PLACE; 449, 454, 463, <br />466, 478, 482, 502, AND 505 BIRCH BEND DRIVE; 4903 <br />AND 4915 PALM PLACE; 370, 404, 456, 468, AND 480 <br />ANJYLLA; 4948, 4959, 5009, 5019, 5020, AND 5037 <br />ANJYLLA EAST; 4948, 4959, 5009, 5019, 5020, AND 5037 <br />ANJYLLA WEST; 4868, 4931, 4940, 5007, 5018, 5019, <br />5022, 5027, AND 5042 ELM STREET; 4926, 4936, 5005, <br />5010, 5021, 5022, 5038, AND 5041 WALNUT RUN AS A <br />RESIDENTIALLY DISTRESSED AREA FOR PURPOSES <br />OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY <br />TAX ABATEMENT FOR MADCO RESIDENTIAL, LP 2 <br />WHEREAS, a Statement ofBenefits and apetition for residential real property tax abatement <br />