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HomeMy WebLinkAboutDesignating Tax Abatement - 220 West Colfax Avenue - Colfax Place AssociatesRESOLUTION 3774-07 Passed by the Common Council of the City of South Bend, Indiana August 13, Attest: r City Clerk President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana August 14, 20 07 Approved and signed by me August 15 20 07 ~-~>~ .~ 07 20 City Clerk RESOLUTION NO. 3 7 7 y-o7 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 220 WEST COLFAX AVENUE AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR COLFAX PLACE ASSOCIATES WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement have 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 220 West Colfax Avenue, South Bend, Indiana, and which is more particularly described as follows: PARCEL I: Lots Numbered One (1), Two (2), Seven (7), Eight (8) and the East one-third (1/3) of Lot Numbered Four (4) as shown on the recorded Plat of J.C. Knoblock's Subdivision of Lots Numbered Two Hundred Forty-five (245) and Two Hundred Forty-six (246) in the Original Plat of the Town, now City of South Bend, Indiana, recorded February 26, 1901 in the Office of the Recorder of St. Joseph County, Indiana. EXCEPTING from said Lot Numbered Two (2) the following: A strip of land bounded by a line described as beginning at the Northwest corner of Lot Two (2) in Knoblock's Subdivision of Lots Two Hundred Forty-five (245) and Two Hundred Forty-six (246) in the Original Plat of South Bend, Indiana; thence running Easterly on the North line of said Lot Two (2) a distance of 31.65 feet to a point that is 0.50 feet East of the East end of the existing Party Wall; thence South a distance of 1.25 feet; thence Westerly parallel with the North line of said Lot Two (2) to a point on the West line thereof. said point being 1.25 feet South of the point of beginning; thence North on the West line of Lot Two (2) along the West end of said Party Wall to the place of beginning; said exception being the real estate described in that certain Quit-Claim Deed dated March 21, 1486, and recorded as Instrument 8606081 in the Office of the Recorder of St. Joseph County, Indiana. PARCEL II: Also, Lot Numbered Two Hundred Forty-four (244) and the East 60 feet of Lots Numbered Two Hundred Forty-five (245) and Two Hundred Forty-six (246) as shown on the Original Plat of the Town, now City of South Bend, Indiana. PARCEL III: (Designated as a Private Alley) Lot Lettered "A" as shown on the recorded Plat of J.C. Knoblock's Subdivision of Lots Two Hundred Foriy-five (245) and Two Hundred Forty-six (246) in. the Original Plat of the Town, now City of South Bend, recorded February 26, 1901 in Plat Book 8, page 15 in the Office of the Recorder of St. Joseph County, Indiana, said alley being Ten (10) feet in width, East and West, and Fifty (50) feet in length, North and South, being adjacent to and East of Lots One (1), Two (2) and the South Nine (9.00) feet of Lot Three (3) in said J.C. Knoblock's Subdivision of said Lots Numbered Two Hundred Forty-five (245) and Two Hundred Forty-six. (246). and this property has Tax Key Numbers 18-1012-0471; 0473; 0474 and 0475 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, 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 sec ., and South Bend Municipal Code Sections 2-76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required bylaw; 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: 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 sea., for tax abatement. 2 SECTION II. The Common Council hereby determines and finds that the area 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 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: 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 determines and finds that the proposed described redevelopment can be reasonably expected to yield benefits identified in the Statement of Benefits and the petition for real property tax abatement consideration and that the Statement of Benefits form prescribed by the State Board of Accounts are sufficient to justify the deduction granted under Indiana Code 6-1.1-12.1-3. SECTION V. The Common Council hereby accepts the report and recommendation of the Community and Economic Development Committee that the area herein described be designated as a Residentially Distressed Area and hereby adopts a Resolution designating this area as a Residentially Distressed Area for purposes of real property tax abatement. SECTION VI. The designation as a Residentially Distressed Area shall be limited to five (5) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION VII. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of five (5) years. SECTION VIII. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code 5-3-1 and Indiana Code 6-1.1-12.1-2.5, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION IX. Pursuant to Indiana Code 6-1.1-12.1-2, the rehabilitation must meet all local code standards for habitability as a specific condition of having such property designated as a residentially distressed area. SECTION X. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. c ~~ Member of the Co on Council PRESENTED ~ ~ l 3 ~~~ NOT APPROVED 4 Filed In Cierk's Office JUL - 32007 JOHN VOORDE CITY CLERK, S0. EEND, IN. ADOPTEQ ~ ~'"13~~1 TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 07-95 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 220 WEST COLFAX AVENUE AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR COLFAX PLACE ASSOCIATES Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Karen L. White Chairperson