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HomeMy WebLinkAboutConfirming Tax Abatement - Royal Oak Estates - Sections 2 & 3 - First Federal Savings BankRESOLUTION 3925-08 Passed by the Common Council of the City of South Bend, Indiana November 24, 08 20 Attest: Presented by me to the Mayor of the City of South Bend, Indiana November 25, 20 08 City Clerk President of Common Council Approved and signed by me November 26 20~$_ . ~~~ City Clerk RESOLUTION NO. 3 12~- 0 g A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS ROYAL OAK ESTATES -SECTIONS 2 & 3 A certain 43 undeveloped, single family lots located south of Johnson Road and mile west of Miami Road AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR FIRST FEDERAL SAVINGS BANK 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 Tax Key Number Lot Number Property Address Section 2 23-1018-0381.57 100 747 Pulling St. 23-1018-0381.58 101 765 Pulling St. 23-1018-0381.59 102 773 Pulling St. 23-1018-0381.63 106 5919 Boxwood Dr. E. 23-1018-0381.65 108 5859 Boxwood Dr. E. 23-1018-0381.67 110 5835 Boxwood Dr. E. 23-1018-0381.68 111 5809 Boxwood Dr. E. 23-1018-0381.69 112 5777 Boxwood Dr. E. Section 3 23-1018-0381.88 48 535 Yoder St. 23-1018-0381.89 49 523 Yoder St. 23-1018-0381.90 50 520 Yoder St. 23-1018-0381.91 51 546 Yoder St. or 5745 Buckhorn Dr. 23-1018-0381.93 53 525 Dice St. 23-1018-0381.94 54 522 Dice St. 23-1018-0381.95 55 528 Dice St. or 5813 Buckhorn Dr. 23-1018-0381.96 56 527 Dice St. or 5907 Buckhorn Dr. 23-1018-0381.97 57 521 Pulling St. 23-1018-0381.98 58 524 Pulling St. 23-1018-0381 59 530 Dice St. or 5929 Buckhorn Dr. 23-1018-0382.01 61 514 Gillmer St. 23-1018-0382.02 62 522 Gillmer St. 23-1018-0382.04 64 6006 Buckhorn Dr. 23-1018-0382.05 65 612 Pulling St. or 5930 Buckhorn Dr. 23-1018-0382.09 69 727 Pulling St. 23-1018-0382.10 70 625 Pulling St. 23-1018-0382.11 71 615 Pulling St. 23-1018-0382.14 74 616 Dice St. 23-1018-0382.15 75 622 Dice St. 23-1018-0382.16 99 708 Dice Ct. 23-1018-0382.26 89 715 Dice Ct. 23-1018-0382.24 91 727 Dice Ct. 23-1018-0382.23 92 733 Dice Ct. 23-1018-0382.22 93 737 Dice Ct. 23-1018-0382.21 94 740 Dice Ct. 23-1018-0382.20 95 734 Dice Ct. 23-1018-0382.29 78 5722 Yellow Wood Dr. 23-1018-0382.31 80 5721 Yellow Wood Dr. 23-1018-0382.32 81 5727 Yellow Wood Dr. 23-1018-0382.35 84 615 Dice St. or 5748 Buckhorn Dr. 23-1018-0382.36 85 5742 Buckhorn Dr. 23-1018-0382.37 86 5736 Buckhorn Dr. 23-1018-0382.38 87 5730 Buckhorn Dr. 23-1018-0382.39 88 5724 Buckhorn Dr. all in Royal Oak Estates -Sections 2 and 3, South Bend, Indiana, and which is more particularly described as follows: LEGAL DESCRIPTION: ROYAL OAK ESTATES, SECTIONS TWO & THREE A PART OF THE NORTHEAST AND SOUTHEAST QUARTER OF SECTION 36, TOWNSHIP 37 NORTH, RANGE 2 EAST, CENTRE TOWNSHIP, ST. JOSEPH COUNTY, INDIANA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: LOTS NUMBERED 48, 49, 50, 51, 53, 54, 55, 56, 57, 58, 59, 61, 62, 64, 65, 69, 70, 71, 74, 75, 78, 80, 81, 84, 85, 86, 87, 88, 89, 91, 92, 93, 94, 95, & 99, AS SHOWN ON THE RECORDED PLAT OF ROYAL OAK ESTATES, SECTION 3, RECORDED OCTOBER 17, 2003 IN THE OFFICE OF THE RECORDER OF ST. JOSEPH COUNTY, INDIANA, UNDER INSTRUMENT NUMBER 0367824. 2 LOTS NUMBERED OUTLOT A, 100, 101, 102, 106, 108, 110, 111 & 112, AS SHOWN ON THE RECORDED PLAT OF ROYAL OAK ESTATES, SECTION 2, RECORDED JANUARY 22, 2003 IN THE OFFICE OF THE RECORDER OF ST. JOSEPH COUNTY, INDIANA, UNDER INSTRUMENT NUMBER 0303821. SUBJECT TO EASEMENT, COVENANTS AND RESTRICTION OF RECORD. and these lots which have individual tax key numbers as shown in the table above, and excepting Outlot A included in the above legal description, 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 seq., and; WHEREAS, notice of the adoption of a Declazatory 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 azea 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 se ., for tax abatement. SECTION II. The Common Council hereby determines and finds that the azea meets one of the following conditions as formally established in Ordinance No. 9394-03, which was passed on February 10, 2003: 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 aze 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 pazcels in the azea 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 the 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 seq. 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. ~~ Member of the C on Council Z~l-Ag ~!OT, }~?PRO`dED ~,DOP7ED ~~-z`'1--~ ~ 4 Fi{c~ Its ~le~k's Office NOV - 4 2008 JCi:iJ VOORDE CITY CLEt~K, S0. E"t4tD, IN. 1200 ~.OUNIY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUT'II BEND, INDIANA 46601-1830 PxoNe574/235-9371 Fax 574/235-9021 TDD 574! 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~L ECONOMIC DEVELOPMENT JEFFREY V. GIBNEY October 23, 2008 EXECUTIVE DIRECTOR Council Member Derek D. Dieter, 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: FIRST FEDERAL SAVINGS BANK (Royal Oak Estates, Sections 2 & 3) Dear Council Member Dieter: Please find attached the Department of Community & Economic Development's report on a residential real property tax abatement petition submitted by First Federal Savings Bank. In collaboration with Weiss Homes, Inc. the Bank intends to develop forty-three lots remaining in Sections 2 and 3 of the Royal Oak Estates 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 the forty-three lots at a cost of $8,600,000. This is a renewal request for tax abatement. The prior developer of the subdivision was D & H Home Builders, Inc. First Federal purchased the lots at a tax sale. The term for the abatement covering Section 2 has already expired. The term for the abatement covering Section 3 will expire this December. The Bank is requesting a new tax abatement in order to continue offering abatements as an incentive for the sale of the remaining lots. The project meets the qualifications for afive-year (5) real property tax abatement. The petitioner will be available to meet with the Committee on Monday, November 10, 2008. 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 235-5835. Sincerely, ~~^ Bob Mathia Assistant Director, Economic Development Attachments cc: South Bend Common Council Members Mayor Stephen Luecke Jeff Gibney Don Inks COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL LC PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 5741235-9660 5741235-9371 ELizASerx LEONARD FAX: 574/235-9697 574/235-9371 _r- 1200 C.OIINTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/235-9371 FAx 574/235-9021 TDD 574! 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY HL ECONOMIC DEVELOPMENT ,JEFFREY V. GIBNEY EXECUTIVE DIRECTOR TAX ABATEMENT REPOR T TO: SOUTH BEND COMMON COUNCIL FROM: BOB MATHIA SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR: FIRST FEDERAL SAVINGS BANK (Royal Oak Estates, Sections 2 and 3) DATE: October 23, 2008 On October 22, 2008, a petition for residential tax abatement consideration for real property located in Royal Oak Estates, sections 2 and 3 was filed with the City Clerk by First Federal Savings Bank. Pursuant to Chapter 2, Article 6, Section 2-77.1 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Community and Economic Development for purposes of investigation and preparation of a report determining whether the area qualifies as a Residentially Distressed Area pursuant to I.C.6-1.1-12.1 and whether all zoning requirements have been met. The Department of Community and Economic Development has reviewed the petition (a copy of which is attached), investigated the area, and makes the following report. PROJECT DESCRIPTION Sections 2 and 3 of the subject subdivision were each granted five-year residential real property tax abatements on January 27, 2003, and December 8, 2003, respectively, through Common Council Resolution numbers 3156-03 and 3277-03. The Common Council's resolutions confirmed their earlier declaratory resolutions designating Sections 2 and 3 as Residentially Distressed Areas (RDAs) and those designations were limited to five calendar years from the dates of the adoption of the declaratory resolutions, which were January 13, 2003, and November 24, 2003. The RDA designation is required in order for the developer, First Federal in collaboration with Weiss Homes, to offer tax abatements on the lots remaining to be sold in Sections 2 and 3 COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL RC PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235-9660 5741235-9371 ELIZAQETH LEONARD FAX: 5741235-9697 574/235-9371 South Bend Redevelopment Council RE: First Federal Savings Bank (Royal Oak Estates, sections 2 & 3) October 23, 2008 Page 2 Forty-three lots are available in Sections 2 and 3. The two sections contain a total of 83 lots. The two sections are located on approximately 12 acres. Homes will range between 1,800 and 2,900 square feet in size. The estimated average price of the homes is $215,000. Taxes to be abated during the five-year (5) abatement period are estimated at $8,700 per home. ,The taxes to be >l aid during the five-year (5) abatement period for each home are estimated at $3,722. Total taxes to be abated for the 43 houses during the five (5) year abatement period are estimated at $374,100. Total taxes to be paid during the five (5) year abatement period for the 43 houses are estimated at $160,039. ABATEMENT QUALIFICATION A review of the tax abatements previously granted finds that the petitioner has not been associated with or been granted any previous tax abatements. 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the property is not located in any of the development areas; therefore, approval of the tax abatement petition by the South Bend Redevelopment Commission is not required. 4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petition meets the qualifications fora (5) five-year residential tax abatement under Section 2-77.1, Single Family Residential Construction. 5 YEAR 23-Oct-08 First Federal Savings Bank South Bend Centre Township Residential Real Property Tax Abatement Schedule* Estimated Project Cost: Assessed Value: STRUCTURE (% AV of cost) 85.0% LAND Value 10 000 Gross Assessed Value Less Mortgage Exemption Less Homestead Deduction Less Supplemental Homestead Deduction Base Assessed Value 215.OOOAO :. Total Taxes Tax Abated** Tax Paid*** 182 , 750.00 182 , 750.00 182 , 750.00 10,000.00 N/A N/A 192 , 7 50.00 182 , 7 50.00 182 , 7 5 0.00 (3,000.00) (3,000.00) (3,000.00) (45,000.00) (45,000.00) (45,000.00) (50,662.50) (50,662.50) (50,662.50) 94,087.50 84,087.50 84,087.50 Less Maximum Abatement Deduction Less Non-Abated Amount Plus Land Assessed Value Net Assessed Value Prooertv Taxes: Assume constant tax rate of N/A N/A (74,880.00) N/A (9,207.50) N/A N/A N/A 10,000.00 94,087.50 74,880.00 19,207.50 4.3356°!0 4.3356% 4.3356% Gross Tax (tax rate x net assessed value) 4,079.26 3,246.50 832.76 Less State ~ County Homestead Credit: 0.4602°l0 (432.99) (344.60) (88.39) Tax Due Before Circuit Breaker 3,646.27 2,901.90 744.37 Less Circuit Breaker Credit (1,161.86) (1,161.86) 0.00 Net Tax 2,484.40 1,740.04 744.37 Circuit Breaker Cap Circuit Breaker 1.0000°l0 1,927.50 1,827.50 1,927.50 Debt Service 0.5919% 556.90 443.21 113.69 Circuit Braker Cap 2,484.40 2,270.71 2,041.19 Year Net Assessed Value Total Taxes Due Tax Abated Tax Paid 1 94,087.50 2,484.40 1,740.04 744.37 2 94,087.50 2,484.40 1,740.04 744.37 3 94,087.50 2,484.40 1,740.04 744.37 4 94,087.50 2,484.40 1,740.04 744.37 5 94,087.50 2,484.40 1,740.04 744.37 5 year totals: 12,422.02 8,700.18 3,721.84 *This schedule is for estimation purposes only and assumes constant tax rates. The true tax values will ultimately be determined by the actual assessed valuation and the then current tax rates. **Tax Abated is capped at $74,880 of assessed value of structures only and does not include land assessed value. ***Tax Paid is calculated using the difference between actual assessed value of structure and maximum abated portion of $74,880 and adding back the land assessed value. ESTIMATED TOTAL TAX REVENUE First Federal Savings Bank 43 lots LAND* BUILDINGS"" TOTAL Year 1 $1,201 $30,807 $32,008 Year 2 1,201 30,807 32,008 Year 3 1,201 30,807 32,008 Year 4 1,201 30,807 32,008 Year 5 1,201 30,807 32,008 Total $6,005 $154,035 $160,040 '`Current tax levy for the 12 acres '`'Includes 43 houses. ABONMARCHE Confidence By Deslgn ENGINEERS ARCHITECTS PLANNERS SURVEYORS 750 Lincoln Way East South Bend, IN 46601 T. 574-232-8700 F. 574-251-4440 www,abonmarche,com FORT WAYNE, IN BENTON HARBOR, MI MANISTEE, MI SOUTH HAVEN, MI October 22, 2008 Members of the Common Council City of South Bend 227 West Jefferson Boulevard, Suite 400 S South Bend, IN 46601 RE: Royal Oak Estates, Section 2 8~ 3 VarIOUS LOtS 5 Year Residential Property Tax Abatement Renewal Dear Council Members: On behalf of the current owner, First Federal Savings Bank, and the contingent owner and builder, Weiss Homes, Inc., we are requesting the renewal of a 5 year residential property tax abatement for 43 lots within Royal Oak Estates, Section 2 and 3. Royal Oak Estates is located on the south side of the City of South Bend and lies to the south of Johnson Road between Miami Road and U.S. 31. Sections 2 and 3 of this subdivision were subdivided and a 5 year property tax abatement was approved in 2003. The abatement for Section 2 was approved by the Common Council on January 27, 2003 (Resolution No. 3156-03), and the abatement for Section 3 was approved by the Common Council on December 8, 2003 (Resolution No. 3277-03). Therefore, the abatement for the lots included within this petition have either already expired or soon will be expiring. First Federal Savings Bank acquired ownership of the remaining undeveloped lots within Royal Oak Estates this month via a tax sale. These lots were previously owned by D 8~ H Home Builders, Inc.; the original developer of the subdivision. Weiss Homes, Inc. has an agreement with First Federal Saving Bank that they will be the sole builder of homes upon these lots. By approving the renewal of the tax abatement, Weiss Homes, Inc. will be able to market the lots with this incentive. Also, the prospective owners of these undeveloped lots will be able to benefit from the same abatement which has been granted for every other developed lot within the subdivision. The City of South Bend will still receive the additional taxes generated by these improved residential lots based upon the 5 year abatement schedule. After the 5 year abatement expires, the City will receive 100 percent of the taxes assessed for these lots. October 2008 Royal Oak Estates, Section 2 and 3 Residential Property Tax Abatement Renewal -Various Lots ABONAAARCHE . City of South Bend Indiana - 2 We believe that the lack of development upon these 43 lots over the last 5 years and Weiss Homes, Inc. current involvement and commitment to develop these lots justify the Council's consideration to renew the residential property tax abatement. Therefore, we are respectfully requesting the favorable consideration of this petition by both the Council's Community and Economic Development Committee and the entire Council. If you have any questions or require any additional information regarding this petition, please do not hesitate to contact our office. Since ~ ~ s_ ~~ Derek J. Spier, AICP Planner cc: File M8-0785-190 Weiss Homes, Inc. 7,~r ~il~u t~ ~l~;r~. ~ ~-f~~ OCT 2 2 ~~~~'~ JOHN VGORCc CITY CLERK, Sfl. ~~"iD CITY OF SOUTH BEND, INDIANA PETITION FOR RESIDENTIAL TAX ABATEMENT CONSIDERATION The undersigned owner(s) of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for Residential Real Property tax abatement consideration and pursuant to 1, ~.; 6-1.1-12.1-1, etet sea•. and South Bend Municipal Code Sec. 2-76 et_ seg•• for this petition states the following: I. Describe the proposed construction project, including information about square footage, numbers of rooms, amenities, the amount of land to be used, the proposed use of the improvements, and a general statement as to the importance of the project (use additional sheet for long project descriptions): 2. Estimate the dollar value of the construction project (do not include land cost): $ ~t (ooo, O,X~ 3. The real property for which tax abatement consideration is petitioned (Property) is owned or to be owned by the following individual(s) or corporations (if the business organization is publiclyheld,indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): ~ ~ ~ t*~c~~ or~~+~-2 ~t-~k W~~- o~~F-2,.- F~cc~.utluo t,_, -rah SAS. to o~i . Name Address Interest ''~ ~. ~~ l E _ _,..~ I. ~. igZB Fe.cr ~CEFFi52So~J QerJz~ _ 1~ ~I° ~~t ''k~ Fi~s~ Feat L. 3~ 1 ER ST q TH ~T~u.~r , P. o. (~,~ SZ Zoo g SAvi~~S INK r1.oGNf~sTE,Q, .rN 44~R~5- ~SZ7 4. The commonly known address of the Property is:, ~r~ A~AGt~t~E.n Ct~-F~_e, and having tax key no.: ~~ P~+c.+tsn St1.F.~S _ (use additional sheet for multiple addresses or key numbers). 5. A legal description of said Property(s) is attached hereto, marked Exhibit "A", and is incorporated herein. 6. A map and/or plat indicating the ioeation of the Property(s) is attached hereto, marked Exhibit "B", and is incorporated herein. 7. The current assessed valuation of the property before construction is $ ~ (oI ~ t o J (use additional sheet for multiple addresses). (This information maybe obtained from the St. Joseph County Assessor's Office 235-9523) 8. Photographs of the Property, taken within two (2) weeks of the filing of this petition, are attached hereto, marked Exhibit "C", and incorporated herein. 9. List the real property taxes paid at the location during the previous two years, whether paid by the current owner or a previous owner (use additional sheet for multiple addresses): 2~(e -ra~~C AA..~n 2.~7 ~ ~I,ZOo.g7 (13t~c.~p) `~' ~0_~F?A-Ib~ Zc~~ srE~ - 9~.? ~u~a ~ q7.? $, 58 ~ •t- 97.7 C A (This information may be obtained om the St. Joseph County Treasurers office 235-953 ~~ 10. What is your best estimate of the after completion market value of the property: $ ~1, 24~, 00 0 11. No building permit has been issued for construction on the property in connection with the improvement in question as of the date of filing of this petition. The building permit may be issued after the South Bend Common Council has approved the Declaratory Resolution. (Tax abatement is not available if a building permit has already been issued). The signature below is verification of this statement. 12. List o thex a nticipated p ublic f financing f or t he p roject, fi ncluding a ny a ssistance t o b e s ought a r already authorized through the United States Department of Housing and Urban Development funds from the City of South Bend, South Bend Housing Authority, Housing Assistance Office, St. Joseph County Housing Consortium or other public financial assistance, including but not limited to public works improvements: ~~~~ 13. Describe how the properly has become undesirable for or impossible of normal development because of a lack of development, cessation of growth, deterioration of improvements or other factors which have impaired vues and prevent a normal development of the property: .~~{,,F ~~EvJA-1.. Of' 'Trl.~ AL~a4~3'r._J/IF~ F+~R- 'T1•t~-SLR L.aTS t<. I~IEf.-,Df..~ IJ~JF Sp ;~~ t.A-G(~ aF ps~/F..taPM~nl?-" StiyCl z~~'3 -iu~SF ~,~ i ~ ,~,,~f,•2~ S.~l~(JiJib6D I+~ 2or~3 ~~ ~j'Ff F-bME[;JI~-4S4.S /t-~lD l-4~A-'J 'St,,1C.~ ~I,JGt.E- FA~M+~~ R~^ScO~~-r-'t,~~. l-E-A~'K-S ~+V T'1~~ S E R~/vtA-~~ ~N4 ~'t`S . ~°"~rn~'oF~t ~`r,~ 14. The current use of the property is Ja~T s~~Ga.~-- Fan~-~~y R~~~D~..rr~~4~ ~~ ~~t~ie current zoning is ~F ( (use) and _~^ (height and area). (This information maybe obtained from the Building Department 235-9553) I5. The property is located in the following Allocation Area (if any) declared and confirmed by the South Bend ReNvhelopment Commiss~ n (requiring appxoval of the tax abatement by the Redevelopment Commission): 16. The followingperson should be contacted as the petitioners agent regarding additional information and public hearing notifications: Name Addre City, Telephone „~~T ~'ZZ- f37oo --- WHEREFORE, Petitioner has paid the required fee of $50.00 and requests that the Common Council of the City of South Bend; Indiana, adopt a declaratory resolution designating the area desenbed herein as a residentially distressed area for the purposes of real property tax abatement consideration, and after publication of notice and public hearing, determine that th qualifications for a residentially distressed area have been met, and confirm such resolution. Name of Property Owners}: t3. LCo~T--hl6a, ~tt6. ~~/~r./,rt~ vF- 'i'tt~ `tv4-x }FQA~-~M.~N7- a4~- '~4~b~ I.~TS E5~°~~~u..Y c,.r2~~.y. -~.~ c~a2EEtirr' );C~No M t L SLoh! iJ~ W ~ . ~t/LST DER-/st.- ~q.J~-~J(nS I~~-~~ By; r~ G ~~~t-~__, (Signature) ~1G}l,.A2~1 QEl.G1.lF~, /1F~SI~ (Typed or p ' d ca}~acit3c; Fil^~ In ~l~r!c'a Gtfice 2 OGT 2 7 2~~8 Ja~ri vco~~c CITY CLcRK, ~0. BEP1D, IN. Royal Oak Estates, Section 2 ~ 3 -Tax Abatement Renewal 2006 Paid 2007 2005 Paid 2006 Tax I.D # Lot Number Property Address Billed Paid Billed Paid Assessed Valuation 23-1018-0381.57 100 747 Pulling St. $128.33 $0.00 $200.92 $200.92 $25,200 23-1018-0381.58 101 765 Pulling St. $140.74 $0.00 $225.04 $225.04 $26,500 23-1018-0381.59 102 773 Pulling St. $153.16 $0.00 $253.16 $253.16 $28,900 23-1018-0381.63 106 5919 Boxwood Dr. E. $157.30 $0.00 $261.20 $261.20 $29,500 23-1018-0381.65 108 5859 Boxwood Dr. E. $8.78 $0.00 $8.04 $8.04 $300 23-1018-0381.67 110 5835 Boxwood Dr. E. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0381.68 111 5809 Boxwood Dr. E. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0381.69 112 5777 Boxwood Dr. E. $8.28 $0.00 $8.04 $8.04 $300 Section 3 23-1018-0381.88 48 535 Yoder St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0381.89 49 523 Yoder St. $12.41 $0.00 $12.05 $12.05 $400 23-1018-0381.90 50 520 Yoder St. $12.41 $0.00 $12.05 $12.05 $400 23-1018-0381.91 51 546 Yoder St. or 5745 $12.41 $0.00 $12.05 $12.05 $400 Buckhorn Dr. 23-1018-0381.93 53 525 Dice St. $12.41 $0.00 $12.05 $12.05 $400 23-1018-0381.94 54 .522 Dice St. $12.41 $0.00 $12.05 $12.05 $400 23-1018-0381.95 55 528 Dice St. or 5813 $12.41 $0.00 $12.05 $12.05 $400 Buckhorn Dr. 23-1018-0381.96 56 527 Dice St. or 5907 $12.41 $0.00 $12.05 $12.05 $400 Buckhom Dr. 23-1018-0381.97 57 521 Pulling St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0381.98 58 524 Pulling St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0381 59 530 Dice St. or 5929 $107.64 $0.00 $242.10 $242.10 $16,500 Buckhom Dr. 23-1018-0382.01 61 514 Gillmer St. $132.46 $0.00 $345.60 $345.60 $22,100 23-1018-0382.02 62 522 Gillmer St. $12.41 $0.00 $12.05 $12.05 $400 23-1018-0382.04 64 6006 Buckhom Dr. $12.41 $0.00 $12.05 $12.05 $400 23-1018-0382.05 65 612 Pulling St. or 5930 $8.28 $0.00 $8.04 $8.04 $300 Buckhom Dr. 23-1018-0382.09 69 727 Pulling St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.10 70 625 Pulling St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.11 71 615 Pulling St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.14 74 616 Dice St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.15 75 622 Dice St. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.16 99 708 Dice Ct. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.26 89 715 Dice Ct. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.24 91 727 Dice Ct. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.23 92 733 Dice Ct. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.22 93 737 Dice Ct. $12.41 $0.00 $12.05 $12.05 $300 23-1018-0382.21 94 740 Dice Ct. $24.84 $0.00 $24.11 $24.11 $700 23-1018-0382.20 95 734 Dice Ct. $8.28 $0.00 $8.04 $8.04 $200 23-1018-0382.29 78 5722 Yellow Wood Dr. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.31 80 5721 Yellow Wood Dr. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.32 81 5727 Yellow Wood Dr. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.35 84 615 Dice St. or 5748 $12.41 $0.00 $12.05 $12.05 $400 Buckhom Dr. 23-1018-0382.36 85 5742 Buckhom Dr. $12.41 $0.00 $12.05 $12.05 $300 23-1018-0382.37 86 5736 Buckhom Dr. $12.41 $0.00 $12.05 $12.05 $300 23-1018-0382.38 87 5730 Buckhom Dr. $8.28 $0.00 $8.04 $8.04 $300 23-1018-0382.39 88 5724 Buckhom Dr. $12.41 $0.00 $12.05 $12.05 $300 Totals $1,200.87 $0.00 $1,897.71 $1,897.71 $161,100 rq (~ e y `l~+„~G•i ~/~ ~.. iii ~:p u. '; ~ ._. 2 ~J~~ I .._~ ~~{^I ~.~'~~~li ti ''134.ISJ EXHIBIT "A" LEGAL DESCRIPTION: A PART OF THE NORTHEAST AND SOUTHEAST QUARTER OF SECTION 36, TOWNSHIP 37 NORTH, RANGE 2 EAST, CENTRE TOWNSHIP, ST. JOSEPH COUNTY, INDIANA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: LOTS NUMBERED 48, 49, 50, 51, 53, 54, 55, 56, 57, 58, 59, 61, 62, 64, 65, 69, 70, 71, 74, 75, 78, 80, 81, 84, 85, 86, 87, 88, 89, 91, 92, 93, 94, 95, & 99, AS SHOWN ON THE RECORDED PLAT OF ROYAL OAK ESTATES, SECTION 3, RECORDED OCTOBER 17, 2003 IN THE OFFICE OF THE RECORDER OF ST. JOSEPH COUNTY, INDIANA, UNDER INSTRUMENT NUMBER 0367824. LOTS NUMBERED OUTLOT A, 100, 101, 102, 106, 108, 110, 111 & 112, AS SHOWN ON THE RECORDED PLAT OF ROYAL OAK ESTATES, SECTION 2, RECORDED JANUARY 22, 2003 IN THE OFFICE OF THE RECORDER OF ST. JOSEPH COUNTY, INDIANA, UNDER INSTRUMENT NUMBER 0303821. SUBJECT TO EASEMENT, COVENANTS AND RESTRICTION OF RECORD. ~il~~ {n Cicr~'~ ~~iu~ OCT 2 2 203 J:? ~Pi V9'J!~D'e CITY CIc~~F~, S.i. iiEP;i?, iN,