My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
10-27-08 Council Meeting Agenda & Packet
sbend
>
Public
>
Common Council
>
Common Council Agenda Packets
>
2008
>
10-27-08 Council Meeting Agenda & Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/12/2012 11:22:31 AM
Creation date
10/23/2008 2:13:37 PM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
10/27/2008
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
228
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
South Bend Common Council <br />RE: Kendall - Weiss, LLP <br />October 13, 2008 <br />Page 2 <br />Total taxes to be abated during the (5) five -year abatement period on one home valued at $225,000 are <br />estimated at $8,218. Total taxes to be paid during the (5) five -year abatement period on one home are <br />estimated at $4,792. If all 98 homes were valued at $225,000, the taxes abated for Phase IV of the <br />subdivision would be $805,376 for five years and the taxes paid would be $469,657 for five years. <br />ABATEMENT QUALIFICATION <br />1. A review of the tax abatements previously granted finds that the petitioner has been associated <br />with or been granted the following previous.tax abatements. <br />Term/Type <br />Resolution No. <br />Date <br />5 -year real property <br />3828 -08 <br />January 28, 2008 <br />5 -year real property <br />3810 -07 <br />November 12, 2007 <br />5 -year real property <br />3788 -07 <br />September 24, 2007 <br />5 -year real property <br />3697 -07 <br />February 12, 2007 <br />5 -year real property <br />3551 -06 <br />January 9, 2006 <br />5 -year real property <br />3494 -05 <br />July 25, 2005 <br />5 -year real property <br />3481 -05 <br />June 27, 2005 <br />5 -year real property' <br />3398 -04 <br />October 25, 2004 ' <br />5 -year real property <br />3352 -04 <br />July 12, 2004 <br />2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned <br />for the proposed project. <br />3. A review of the South Bend Redevelopment designation areas finds that the property is not located <br />in any Tax Incremental Allocation Areas; therefore, no action is required by the South Bend <br />Redevelopment Commission. <br />4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petition meets the <br />qualifications for a (5) five -year residential tax abatement under Section 2 -77.1, Single Family <br />Residential Construction. <br />
The URL can be used to link to this page
Your browser does not support the video tag.