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RESOLUTION NO.
<br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
<br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS
<br />2204, 2208, 2212, 2220, 2310, 23149 2207, 2211, 2215, and 2301
<br />Oakwood Park Drive
<br />RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A
<br />FIVE (5) YEAR RESIDENTIAL REAL PROPERTY
<br />TAX ABATEMENT FOR
<br />Woodfield Down, Inc. d.b.a. Oakwood Village
<br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a
<br />Declaratory Resolution designating certain areas within the City as Residentially Distressed
<br />Areas for the purpose of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as 2204, 2208,
<br />2212, 2220, 2310, 2314, 2207, 2211, 2215, and 2301 Oakwood Park Drive, South Bend,
<br />Indiana, and which are more particularly described as follows:
<br />Oakwood Villas Sec One Lot 1, Oakwood Villas Sec One Lot 2, Oakwood Villas Sec One Lot
<br />3, Oakwood Villas Sec One Lot 5, Oakwood Villas Sec One Lot 8, Oakwood Villas Sec One
<br />Lot 9, Oakwood Villas Sec One Lot 23, Oakwood Villas Sec One Lot 24, Oakwood Villas Sec
<br />One Lot 25, and Oakwood Villas Sec One Lot 27
<br />and which has tax Key Number 25 -1004- 025604, 25 -1004- 025605, 25 -1004- 025606, 25 -1004-
<br />025608, 25- 1004 - 025611,25- 1004 - 025612,25 -1004- 025619, 25- 1004 - 025620, 25 -1004-
<br />025621, and 25- 1004 - 025623, as a Residentially Distressed Area; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before
<br />the Council has been published pursuant to Indiana Code 6- 1.1- 12,1 -2.5; and
<br />WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances
<br />and objections from interested persons; and
<br />WHEREAS, the Council has determined that the qualifications for a residentially distressed
<br />area have been met.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana, as follows:
<br />SECTION I. The Common Council hereby determines and finds that the petition for real
<br />property tax abatement and the Statement of Benefits form meet the requirements of Indiana
<br />Code 6 -1.1 -12.1 et sea., for tax abatement.
<br />SECTION R. The Common Council hereby determines and finds that the area meets one of
<br />the following conditions as formally established in Ordinance no. 8845 -97, which was passed
<br />on December 8, 1997:
<br />A. The area is comprised of parcels that are either unimproved or contain only one
<br />(1) or two (2) family dwellings designed for up to four (4) families, including accessory
<br />buildings for those dwellings; or
<br />B. Any dwellings in the area are not permanently occupied and are:
<br />i. the subject of an order issued under IC 36 -7 -9; or
<br />ii. evidencing significant building deficiencies; or
<br />C. Parcels of property in the area:
<br />i. have been sold and not redeemed under IC 6- 1,1 -24 and IC 6- 1,1 -25; or
<br />ii. are owned by a unit of local government; or
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