Designating Tax Abatement - Habitat for Humanity of St. Joseph Co, IN. 213, 221 & 229 Sadie St. (5 Year Residential Property)

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RESOLUTION NO. 2 S V Z - OU A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 213, 2219 AND 229 SADIE STREET AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR HABITAT FOR HUMANITY OF ST. JOSEPH COUNTY, IN 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 area commonly known as 213, 221, and 229 Sadie Street, South Bend, Indiana, and which is more particularly described as follows: Street Address Legal Description Key Number 213 Saide Street Lot D, Arnold's Second Addition to South Bend, 18- 2023 -0695 First Replat 221 Sadie Street Lot C, Arnold's Second Addition to South Bend, 18- 2023 -0691 First Replat 229 Sadie Street Lot B, Arnold's Second Addition to South Bend, 18- 2023 -0687 First Replat be designated as a Residentially Distressed Area under the provisions of Indiana Code 6 -1.1 -12.1 et sea., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6 -1.1- 12.1, et M., and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as a Residentially Distressed Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: