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HomeMy WebLinkAboutConfirming Tax Abatement - Kendall-Weiss LLP Lots 225-235 LaFayette Falls Sub. Section 3 (5 Year Residential Property)RESOLUTION 3481 -05 Passed by the Common Council of the City of South Bend, Indiana June 27, Attest: 05 20_. Presented by me to the Mayor of the City of South Bend, Indiana June 28, 05 City Clerk President of Common Council Approved and signed by me June 29 205, City Clerk M RESOLUTION NO. 3qt' S A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS LOTS NUMBERED 225 THROUGH 235, LA FAYETTE FALLS SUBDIVISION, SECTION THREE AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR KENDALL- WEISS, LLP 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 20000- 21000 Block (South Side) of Kern Road, South Bend, Indiana, and which is more particularly described as follows: Street Address: Legal Description: Key Number: 1014 Cary Court Lot 225 La Fayette Falls, Section 3 01 -1002- 002297 1006 Cary Court Lot 226 La Fayette Falls, Section 3 01 -1002- 002298 930 Cary Court Lot 227 La Fayette Falls, Section 3 01 -1002- 002299 920 Cary Court Lot 228 La Fayette Falls, Section 3 01 -1002- 002300 912 Cary Court Lot 229 La Fayette Falls, Section 3 01 -1002- 002301 902 Cary Court Lot 230 La Fayette Falls, Section 3 01 -1002- 002302 905 Cary Court Lot 231 La Fayette Falls, Section 3 01 -1002- 002303 915 Cary Court Lot 232 La Fayette Falls, Section 3 01- 1002 - 002304 923 Cary Court Lot 233 La Fayette Falls, Section 3 01- 1002- 002305 931 Cary Court Lot 234 La Fayette Falls, Section 3 01- 1002 - 002306 939 Cary Court Lot 235 La Fayette Falls, Section 3 01 -1002- 002307 be designated as a Residentially Distressed Area under the provisions of Indiana Code 6- 1.1 -12.1 et se q., and South Bend Municipal Code Sections 2 -76 et seq., 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 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 B. Any dwellings in the area are not permanently occupied and are: i. the subject of an order issued under IC 36 -7 -9; or ii. evidencing significant building deficiencies; or C. Parcels of property in the area: i. have been sold and not redeemed under IC 6- 1.1 -24 and IC 6 -1.1- 25; or ii. are owned by a unit of local government; or D. A significant number of dwelling units within the area are not permanently occupied or a significant number of parcels in the area are vacant land; or E. A significant number of dwelling units within the area are: i. the subject of an order issued under IC 36 -7 -9; or ii. evidencing significant building deficiencies; or F. The area has experienced a net loss in the number of dwelling units, as documented by census information, local building and demolition permits, or certificates of occupancy, or the areas are owned by Indiana or the United States; or G. The area (plus any areas previously designated under this subsection) will not exceed ten percent (10 %) of the total area within the Council's jurisdiction. SECTION III. The Common Council also hereby determines and finds the following: A. That the description of the proposed redevelopment meets the applicable standards for such development. B. That the estimate of the value of the redevelopment is reasonable for projects of this nature; C. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment; and D. That the totality of benefits is sufficient to justify the requested deduction, all of which satisfy the requirements of Indiana Code 6 -1.1- 12.1 -3. E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local code standards for habitability. F. The deduction will not be allowed unless the dwelling rehabilitation is completed within five (5) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of five (5) years, and farther determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et se . SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. 1 — � Member of the Common C nci Filed In Clerk's Office JUN - 82005 PRESiNTED NOT APPROVED ADOPTED \ -P -6 3j 1200 COuNIV -CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601 -1830 June 2, 2005 PHONE 574 /235 -9371 FA 574/235 -9021 TDD 574/ 235 -5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT SHARON T. KENDALL EXECUTIVE DIRECTOR Council Member Ann Puzzello, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Residential Real Property Tax Abatement Petition for: Kendall - Weiss, LLP Lots numbered 225 through 235, Lafayette Falls Subdivision, Section Three Dear Council Member Puzzello: Please find attached the Department of Community & Economic Development's report on a residential real property tax abatement petition for Kendall - Weiss, LLP for development of eleven (11) lots for single family housing in a new subdivision. Also attached is a copy of the petition, Statement of Benefits form and supporting information. The report contains the department's findings relative to the above petition. The petitioner proposes to develop a 116 acre subdivision with two hundred sixty -six (266) lots. This application is for the third section consisting of eleven (11) lots. The homes will be approximately 1,800 to 2,000 square feet. The development project meets the qualifications for a five (5) year real property tax abatement. The petitioner will be available to meet with the Committee on Monday, June 13, 2005. Should you or any of the other Council members have any questions concerning the report or need additional information, please feel free to call me at 235 -5825. Sincerely, J T dd chafl�r /(� Economic Development Specialist Attachments c: South Bend Common Council Members Mayor Stephen Luecke Sharon Kendall Don Inks Bob Mathia COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235 -9660 574/235 -9371 ELIZANETH LEONARD FAx: 5741235 -9697 574/235 -9371