Laserfiche WebLink
REGULAR MEETING MAY 27, 1997 <br />of South Bend, Idniana, as follows: <br />SECTION I. The Common Council hereby determines and finds that <br />the petition for real property tax abatement and the Statement of <br />Benefits form meet the requirements of Indiana Code 6 -1.1 -12.1 et <br />sea., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds the <br />following: <br />A. At least thirty -five percent (35 %) of the pracels are <br />currently vacant; <br />B. A significant number of dwelling units within the reas <br />are not permanently occupied or a significant number of parcels <br />in the areas are vacant land; <br />C. A significant number of dwelling units in the aareas <br />are: <br />i. the subject of an order issued under IC36 -7 -9; or <br />ii. evidencing significant building deficiencies; <br />C. The Areas have experienced a new loss in the number of <br />dwelling units, as documented by census information, local <br />building and demolition permits, or certificates of occupancy, or <br />the areas are owned by Indiana or the Untied States. <br />E. The areas (plus any areas previously designated) do not <br />exceed ten percent (10 %) of the total area within the designating <br />body's jurisdiction. <br />F. That the description of the proposed redevelopment meets <br />the applicable standards for such development. <br />G. Thst the estimate of the value of the redevelopment is <br />reasonable for projects of this nature; <br />H. That the other benefits about which information was <br />requested are benefits that can be reasonably expected to result <br />from the proposed described redevelopment; and <br />I. That the totality of benefits is sufficient to justify <br />the requested deduction, all of which satisfy the requirements of <br />Indiana Code 6 -1.1- 12.1 -3. <br />SECTION III. The Common Coy <br />the following: <br />A. The deduction will <br />rehabilitated to meet local <br />B. The deduction will <br />rehabilitation is completed <br />the date of the adoption of <br />Common Council. <br />incil also hereby determines and finds <br />not be allowed unless the dwelling is <br />code standards for habitability. <br />not be allowed unless the dwelling <br />within five (5) calendar years from <br />the Declaratory Resolution by the <br />SECTION IV. The Common Council hereby confirms its Declaratory <br />Resolution designating the areas described herein as <br />Residentially Distressed Areas for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is <br />limited to five (5) calendar years from the date of adoption of <br />the Declaratory Resolution by the Common Council. <br />SECTION VI. This Resolution shall be in full force and effect <br />from and after its adotion by the Common Council and approval by <br />the Mayor. <br />/s/ Roland Kelly <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. <br />Richardo Miller, executive director, of American Dream Homes, <br />asked the Council for approval of this abatement. Council Member <br />Coleman made a motion to adopt this resolution, seconded by <br />Council Member Aranowski. The motion carried on a roll call vote <br />of nine ayes. <br />RESOLUTION NO. 2462 -97 A RESOLUTION CONFIRMING THE ADOPTION OF <br />A DECLARATORY RESOLUTION DESIGNATING <br />