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HomeMy WebLinkAboutConfirming Tax Abatement - ROJO Development, Inc. 6103 & 6140 Bridgeton (5 Year Residential Property)Attes RESOLUTION 01%. 941 A Passed by the Common Council of the City of South Bend, Indiana February 9, 04 20— Presented by me to the Mayor of the City of South Bend, Indiana February 10, 20 04 City Clerk dent of Common Council Approved and signed by me February 10 2004 NO City Clerk 0 RESOLUTION NO. Z � $ -O A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 6103 AND 6140 BRIDGETON AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR ROJO DEVELOPMENT, INC. WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement has been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the areas commonly known as 6103 and 6140 Bridgeton, South Bend, Indiana, and which are more particularly described as follows: Js J Street Address: Legal Description: Ke umber: 6103 Bridgeton Lot #20 Kensington Farms Estates 23-1454320104 6140 Bridgeton Lot #27 Kensington Farms Estates 23- 1054- 320106 be designated as a Residentially Distressed Area; 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: 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 I1I. 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 further 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 sea. 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. PRESENTED 1A -01 NOT APPROVED ADOPTED ZeL I Member of the Common Council A4 2 G 2004 L- J- -- __ _..-..- Lu:;z'.':i,S d. ,z ; -'gib 1200 CouNTY -CITY BuaDING SOUTH BEND, INDIANA 46601-1830 January 21, 2004 PHONE 574/235 -9371 FAX 574/ 235 -9021 TDD 574/ 235 -5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT Council Member Rolland Kelly, 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: ROJO DEVELOPMENT (Kensington Farms Estate) Anthony J. & Kim M. Simeri Joseph S. & Sandra K. Panzica Elizabeth L. Mencias Jason P. & Audrey R. Bowles Dear Council Member Kelly: Please find attached the Department of Community & Economic Development's report on a residential real property tax abatement petition for the above referenced clients for twenty -nine (29) new single family homes to be located in Kensington Farms Estates. 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 petitioners propose to build homes between 2,200 and 3,200 sq. ft., with prices ranging from $160,000 to $275,000. All homes will be three to four bedrooms with a den, basement, great room and an attached garage. The project meets the qualifications for a five (5) year real property tax abatement and Mr. Kelly will be available to meet with the Committee on Monday, January 26, 2004. COMMuNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235 -9660 574/235 -9371 ELIZABETH LEONARD F= 574/235 -9697 574/235 -9371 Should you or any ofthe other Council members have any questions concerning the report or need additional information, please feel free to call me a1235 -5835. Sincerely, or Michael Beitzinger Assistant Director, Economic Development Attachments c: South Bend Common Council Members Mayor Stephen Luecke