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RESOLUTION NO. o% rJ / l O
<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 />LOTS #4, 59 69 79 89 9, 109 11, 23, 249 259 27, 289 299 30, 319 329
<br />33, 349 359 369 37, 389 419 429 43, 449 459 469 479 489 499 50,
<br />51, 52, 53 AND 54 SANDPIPER COVE SUBDIVISION
<br />RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A
<br />FIVE (5) YEAR REAL PROPERTY
<br />RESIDENTIAL TAX ABATEMENT FOR
<br />B L BUILDERS, INC.
<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 Lots #4, 5, 6,
<br />7, 8, 9, 10, 11, 23, 24, 25, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 41, 42, 43, 44, 45,
<br />46, 47, 48, 49, 50, 51, 52, 53 and 54 Sandpiper Cove Subdivision, South Bend, Indiana, and
<br />which are more particularly described as follows:
<br />9.213 AC TR LYG W 1/2 SW 1/4 SEC 23- 38 -38 -2E
<br />and which has tax Key Number 25- 1004 - 025497, 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 and
<br />objections from interested persons; and
<br />WHEREAS, the Council has determined that the qualifications for a residentially distressed area
<br />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 H. The Common Council hereby determines and finds that the area meets one of the
<br />following conditions as formally established in Ordinance no. 8845 -97, which was passed on
<br />December 8, 1997:
<br />A. The area is comprised of parcels that are either unimproved or contain only one (1)
<br />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
<br />D. A significant number of dwelling units within the area are not permanently occupied
<br />or a significant number of parcels in the area are vacant land; or
<br />E. A significant number of dwelling units within the area are:
<br />i. the subject of an order issued under IC 36 -7 -9; or
<br />ii. evidencing significant building deficiencies; or
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