Confirming Tax Abatement - Steven & Sharon Obert 2259 Cranston St. (5 Year Residential Real Property)

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RESOLUTION NO. 3 Sy 3 O� A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2259 CRANSTON STREET AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR STEVEN AND SHARON OBERT WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 2259 Cranston Street, South Bend, Indiana, and which is more particularly described as follows: Lot Numbered Forty-one (41) as shown on the recorded Plat of Staffordshire Estates Subdivision, section One, recorded August 18, 1994 as Document Number 9431817 and re- recorded December 19,1994 as Document Number 9446367 in the Office of the Recorder of St. Joseph County, Indiana. and this property has a Tax Key Number 026 - 1035- 058923, be designated as a Residentially Distressed Area under the provisions of Indiana Code 6 -1.1 -12.1 et se g., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for a residentially distressed area have been met. 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