HomeMy WebLinkAboutReconfirming Tax Abatement - 1746/1810 Alfton Ct. (5yr) Foster Custom Homes RESOLIJTION
4121-11
Passed by the Common Council of the City of South Bend, Indiana
September 12, 11
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Attest: City Clerk
Attest� President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
September 13, 20 11
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Approved and signed by me S A p t pmti.e r 1;�, 20�L.
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RESOLUTION NO. �� ?�-��. �
A RESOLUTION RECONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
VACANT LAND AT 1746 ALFTON COURT AND
VACANT LAND AT 1810 ALFTON COURT
TO BE AN ECONOMIC REVITALIZATION AREA
' FOR PURPOSES OF A FIVE (5) YEAR
RESIDENTIAL PROPERTY TAX ABATEMENT FOR
FOSTER CUSTOM HOMES
WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory
Resolution designating certain areas within the City as Economic Revitalization Areas for the
purpose.of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly known as Vacant Land at
1746 Alfton Court and Vacant Land at 1810 Alfton Court, South Bend, Indiana, and which
is more particularly described as follows:
Lot number 30 as shown on the plat of Norawood Manor, recorded July 7,2006 in
the Office of the Recorder of St.Joseph County,Indiana as Instrument 0628791
and which has Key Number 023-1050-320112/71-09-31-456-025.000-002 and
Lot number 31, as shown on the plat of Norawood Manor, recorded July 7, 2006 in the
Office of the Recorder of St. Joseph County, Indiana as Instrument 0628791 and which
has Key number 023-1050-320113/71-09-31-456-024.000-002 as an Economic Revitalization
Area; and
WHEREAS, notice of the adoption of a Declaratory 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 an economic revitalization
area have been met.
WHEREAS,the Council issued a Confirmatory Resolution confirming the adoption of the
Declaratory Resolution as Resolution No. 3644-06 on September 25, 2006; and
WHEREAS,the Petitioner will exceed the five year designation period granted in the
Confirmatory resolution, which will expire on September 25, 2011; and
WHEREAS,the Petitioner has requested an additional period of time to complete construction of
the planned project.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
Indiana, as follows:
SECTION I. The Common Council hereby confirms its Confirming Resolution designating the
area described herein as an Economic Revitalization Area for the purposes of tax abatement.
Such designation is for real property tax abatement only and is now limited to six (6) calendar
years from the date of adoption of the Declaratory Resolution by the Common CounciL
SECTION II. The Common Council hereby determines that the property owner is qualified for
and is granted residential property tax deduction for a period of five (5) years.
SECTION III. This Resolution sha11 be in full force and effect from and after its adoption by the
Common Council and approval by the Mayor.
� ' 1
Mem er o ommon Council
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IJ�T. APPitOVEt� JOi�I���s'��'".�'��
'�d�PT�d � �.,� L—1 1 CITYCLERi(,�t3�J��t I���b��ti*•' �
September 13, 2011
MEMO TO THE TAX ABATEMENT FILE
FROM: Kathy Hahn, Department of Community and Economic Development
RE: Roger&Alison Wilson
On September 25, 2006, a five year residential tax abatement was granted to Rojo
Development through resolution 3644-06. Subsequently one lot was sold to Roger&
Alison Wilson. That abatement period expires this month. A reconfirming resolution
was granted to Roger&Alison Wilson on September 12, 2011. The purpose of the
reconfirming resolution was to grant a one year extension.
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
11-57 A RESOLUTION RECONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN
AREAS WITHIN THE Cll"Y OF SOUTH BEND, INDIANA,
COMMONLY KNOWN AS VACANT LAND AT 1746
ALFTON COURT AND VACANT LAND AT 1810 ALFTON
COURT TO BE AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL
PROPERTY TAX ABATEMENT FOR FOSTER CUSTOM
HOMES
RespecfiFully 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.
This bill was heard by the Utilities Committee.
Timothy Rouse
Chairperson, Committee of the Whole
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1ZOO CAUNTY-CITYBUILDING .F',��\ ��j�� PaorrE 574/235-9371
227 W.JEFFEASON BOULEVARD � �� �� "'� �i � F�c 574/235-9021
W �. PEACE/� a
SOUTH BEND,IrrDV,�vn 46601-1830 �� �^%�'a2
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CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY $�L ECONOMIC DEVELOPMENT
JEFFREY V. GIBNEY
EXECUTNE DIRECTOR
August 30,2011
Council Member Timofhy Rouse, Chairperson
Community&Economic Development Committee
South Bend Common Council
4th Floor, County City Building
South Bend, IN 46601
RE: Residential Property Tax Abatement Designation Extension for:
Foster Custom Homes
Roger&Alison Wilson
Brant&Louisa Maria Hesch
Dear Council Member Rouse:
Bernard Feeney,Vice_President of Lang,Feeney&Associates is the Agent for the three petitioners
who are: Foster Custom Homes (21ots);Roger&Alison Wilson(1 lot); and Brant&Louisa Maxia
Hesch ( 1 lot). Mr. Feeney is requesting an extension of the designation period for a five year
residential property tax abatement granted to Rojo Development, Inc.,Norawood Manor through
resolution number 3644-06 on September 25, 2006. The designation period granted to Rojo
Development was five years and is due to expire on September 25,2011.Subsequent to receiving the
designation, Rojo Development sold the four vacant lots to the three petitioners. Mr. Feeney is
requesting a one year extension on the designation (making the total designation six years). The
extension request is due to a delay in the anticipated construction due to the economy and the
depressed market for residential construction.
In view of the current situation Mr. Feeney is requesting a one year extension of the designation
period. The request falls within the Council's guidelines,which allow for a petitioner to request up
to a one year extension for good reason. Also attached are a revised Statement of Benefits (Form
SB-1) from each of the three petitioners along with a map of Norawood.Enclosed also is a copy of
the original staffreport as prepared by Sharon Terrell in 2006. Mr.Feeneywill be available to meet
with the Committee and answer any questions on Monday, September 12,2011.
COMMUNITY DEVEIAPMENT ECONOMIC DEVELOPMENT FINANCIAL&PROGRAM
PAMELA C.MEYER DONALD E.INKS MANAGEMENT
574/235-9660 574/235-9371 ELIZABETH LEONAAD
Fax: 574/235-9469 574/235-9371
i
Should you or any of the other Council members have any questions concerning the request or need
additional information, please feel free to call me at 235-9278.
Sincerely,
�f �c�-�,
Kathy Hahn
Economic Development Specialist
Attachments
cc: South Bend Common Council Members
Mayor Stephen Luecke
Jeff Gibney
Don Inks �
^ �sia'�
����'��^� FORM SB-1 I RE
� STATEMENT OF BENEFITS
a:� �j;=� REAL ESTATE 1MPROVEMENTS
*y _���! State Form 51767(R/1-06)
'O1• Prescribed by the Department of Local Government Finance
lNSTRUCTIONS:
1. This statement must be submitted to the body designating the Economic Revitalization Area prior to ihe public hearing if the designating body requires
information from the applicant in making its decision a6out whether to designafe an Economic Revitalization Area. Otherwise this statement must be
submitted to the designating body BEFORE the redevelopment or rehabilitation of rea!property for which the person wishes fo claim a deduction.'Projects"
planned or committed to afterJuly 1, 1987,and areas designated after Ju/y 1, 1987,require a STATEMENT OF BENEFITS. (IC 6-1.1-12.1)
2. Approva!of the designating body(City Council, Town Board,County Council,etc.)must be o6tained prior to initiation of the redevelopment or rehabifitation,
BEFORE a deduction may be approved
3. To obtain a deduction,Form 322 ERA,Application for Deduction from Assessed Valuation of Structures in Economic Revitalization Areas,musf be filed
with the County Auditor by the iater of.•(1)May 10;or(2)thirty(30)days after the notice of addition to assessed va/uation or new assessment is mailed to
the property owner at the address shown on the records of the township assessor.
4. Property owners whose Statement of Benefits was approved after June 30, 9991, must submit Form CF-1/RE annually fo show compliance with the
Statementof8enefits. QC6-1.1-12.9-5.1(b))
5. The schedu/es established under IC 6-9.9-92.1-4(d)effective Ju/y 1,2000,app/y to any statement of benefits filed on or after July 1,2000. 7'he schedules
effective prior to July 9,2000,shall continue fo apply to those statement of benefits filed before July 9,2000.
• •- •
Name of taxpayer
Foster Custom Homes
Address of taxpayer(number and street,city,state,and Z/P code)
428 Miami Trail Bremen,In 46506
Name of contact person Telephone number
J.Bemard Feeney (574)233-1841
• • • � � • � -�•• � •-•
Name of designating body Resolution number
City of South Bend Common Council
Location of property County DLGF taxing district number
Alfton Court East of Bridgeton Drive St.Joseph South Bend-CRntfe
Description of real property improvements,redevelopment,or rehabilitation.(use additional sheets if necessary) ESTIMATED
Construction of a single family home in Norawood Manor start oate comp�et�on�ace
08/18/2011 12/31/2014
• • • . . -••• . -••
Current number Salaries Number retained Salaries Number additional Salaries
o N/A N/A N/A N/A N/A
• . . • . • •••• . --•
NOTE:Pursuant to IC 6-1.1-12.1-5.1 (d)(2)the REAL ESTATE IMPROVEMENTS
COST of the property is confidential. COST ASSESSED VALUE
Current values z,000.00
Pius estimated values of proposed project z�s,000.00
Less values of any property being replaced
Net estimated values upon completion of project 2n,000.00
• • • � • -• �
Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds)
Other benefits:
•
ereby certify that the representations in this statement are true.
Signatur f t rized represen ' TiUe Vice-President, Date si ed(m nth,day,year)
Lang,Feeney&Associates
. �6�,�
�f ' ��e STATEMENT OF BENEFITS FORM SB-1 I RE
�d'�` � j; REAL ESTATE IMPROVEMENTS
y��;, State Form 51767(R/1-06)
`� °r-'-%� Prescribed by the Department of Local Govemment Finance
INSTRUCTIONS:
1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires
infom�ation from the applicant in making its decision about whether to designate an Economic Revitalization Area. Othenvise thrs sfatement must be
submitted to the designating body BEFORE the redevelopment or rehabi7itation of rea/property for which the person wishes to claim a deduction.'Projects"
planned or committed to afterJu/y 1, 9987,and areas designated after Ju/y 9, 1987,require a STATEMENT OF BENEFITS. (IC 6-9.1-12.1)
2. Approval of the designating body(City Council, Town Board,County Council,etc.)must be obtained prior to initiation of the redeve%pment or rehabilitation,
BEFORE a deductian may be approved.
3. To obtain a deduction,Form 322 ERA,Appfication for Deduction from Assessed Uafuation of Structures in Economic Revitalization Areas,must be filed
wrth the County Auditor by the late�of.•(1)May 10;or(2)thirty(30)days after the notice of addition to assessed valuation or new assessment is mailed to
ihe property owner at the address shown on the records of the township assessor.
4. Property owners whose Statement of Benefits was approved aRer June 30, 9991, must submit Form CF-1/RE annually to show compliance wifh the
StatementofBenefits. (IC6-1.9-12.1-5.1(b))
5. The schedules established under lC 6-1.1-12.1-4(d)effective Ju/y 1,2000,apply to any statement of bene�ts filed on or after Ju/y 1, 2000. The schedules
effective prior to✓uly 1,2000,sha/l confinue to apply to those statement of benefits fi/ed before Ju/y 1,2000.
• •- •
Name of taxpayer
Foster Custom Homes
Address of taxpayer(number and street city,state,and ZIP code)
428 Miami Trail Bremen,In 46506
Name of contact person Telephone number
J.Bemard Feeney
(574)233-1841
• • • � � • • -�•• � •-•
Name of designating body Resolution number
City of South Bend Common Council
Location of property Counry DLGF taxing district number
Aifton Court East of Bridgeton Drive St.Joseph SoUth Bend-Centre
Description of real property improvemenGs,redevelopment,or rehabiiftation.(use additional sheeis ifnecessary) ESTIMATED
Construction of a single family home in Norawood Manor 5tart Date Compleiion Date
08/18/2011 12/31/2014
• . . . • -••. . •-•
Curtent number Salaries � Number retained Salaries Number additional Salaries
0 N/A N/A N/A N/A N/A
• . • • . . -... . ...
NOTE:Pursuant to IC 6-1.1-12.1-5.1 (d)(2)the REAL ESTATE IMPROVEMENTS
COST of the property is confldential. COST ASSESSED VALUE
Current values 2,000.00
Plus estimated values of proposed project 2�s,000.00
Less values of any property being replaced
Net estimated values upon compietion of project 2n,000.00
• • . . • -• .
Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds)
Other benefits:
•
ereby certify that the representations in this statement are true.
S natur au ' ed representati Title Vice-President, Date sign d(mon ,day,year)
Lang,Feeney 8�Associates �
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SHARnN T. KENAALL
F.XEi=i�7'CVE;UlliEt`f'iiR
TAX ABA TEMENT REPOR T
TO: SOUTH BEND COMMON COUNCIL
FROM: SHARON TERRELI�
SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR:
ROJO DEVELOPMENT, INC. (NORAWOOD MANOR)
DATE: August 31, 2006
On August 17, 2006, a petition for residential tax abatement consideration for real property was filed with
the City Clerk by Rojo [)evelopment: Pursuant to Chapter 2, Article 6, Section 2-77:1 of the Manicipal
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
Rojo Development intends to construct(13)thirteen,single-family,custom-built homes. The price of each
home will be approximately two hundred fift.y thousand dollars($250,000). Taxes to be abated during the
(5)five-year abatement period is estimated at$10,216 for each home. The total amount abated for the(13)
thirteen homes totals �132,808. Taxes to be paid for each home are estimated at$27,913. Total taxes to
be paid during the (5) five-year abatement period for the (13) thirteen homes is$362,880.
Cc>�tt.�utlrt�Dt:vr i:o�>n:t��i � Ecc>N���-r��:I)i:vrt.a>>it;.n•r —___w I'i�n�c�ie[.&Pxac;icny �
- I'.;��r;LyC.Vti'�ip;. I)ut�..ti�,:-..I��!:�.: :VI.!NAGFMCN"f .
5'4r2+5.9n(ta ?7•1�^:i`;.n3?1 ia.n..�:,;,r:i L�nhnr.0
F.�x: 5;�ti?;5-�)t>)' S;•i/235-`�;7:
South Bend C'oii�rnon Council
RE: Rojo De��elopment, Ine.
August 31, 2006
Pa�e 2 °
ABATEMENT QUALIFICATION
1. A review of the tax abatements previously granted finds that the petitioner has been associated
with or been granted the following previous tax abatements.
Term/Tvpe Resolution No. Date
S-year real property 3303-04 February 9, 2004
S-year real property 3302-04 February 9, 2004
5-year real property 3301-04 February 9, 2004
5-year real property 3300-04 February 9, 2004
5-year real property 3298-04 February 9, 2004
5-year real property 3119-02 September 9, 2002
5-year real property 2873-00 May 22, 2000
5-year real property 2699-98 December 14, 1998
5-year real property 2620-98 May 11, 1998
5-year real property 2561-98 March 30, 1998
5-yPar real property 2550-98 February l 6, 1998
2. The Building Commissioner lias reviewed this petition and tinds the properties to be propei-1} zoned
for the proposed project.
3. A review of the South Bend Redevelopment designation areas finds that the property is not located
in a Tax Ineremental Allocation area; therefore, no action is required by the Soutl� Bend
Redevelopment Commission is required.
4. A review of the Tax Abatement Ordinance No. 9394-U; finds that the petitioner meets the
qualifications for a (5) five-year residential tax abatement �inder Section 2-77.1, Single �amily
Residential Construction.
5 YEAR 30-Aug-06
° ROJO DEVELOPMENT INC. (N�RAWOOD MANOR) �
South Bend Centre Township Residential Real Property Tax Abatement Schedule`
Estimated Project Cost: $3,250,000.00
Totai Taxes Tax Abated*x Tax Paid*"*
Assessed Value:
STRUCTURE (assume 85%of project cost) 2,762,500.00 2,762,500.OQ 2,762,500.00
LAND (assume$10,000) 10,000.00 N/A N/A
Gross Assessed Value 2,772,500.00 2,762,500.00 2,762,500.00
Less Mortgage Exemption (3,000.00) (3,000.00) (3,OOO.QO)
Less Standard Homeowners Deduction (35,000.00) (35,000.00) (35 000 00)
Base Assessed Vatue 2,734,500.00 2,724,500.00 2,724,500.00
Less Maximum Abatement Deduction N/A N/A (74,880.00)
Less Non-Abated Amount NIA (2,649,620.00) N/A
Plus Land Assessed Value N/A N/A 90,000.00
Net Assessed Value 2,734,500.00 74,880.00 2:659,620.00
Propertv Taxes:
Assume constant tax rate of 5.1338% 5.1338% 5.1338%
Gross Tax (tax rate x net assessed value) 140,383.76 3,844.19 136,539.57
Less SRTC: 21.7230% (30,495.56} (835.07) (29,660.49)
Less Homestead Credit: 32.0952% (35,268.84) (965.78} (34 303.05)
Net Tax 74,619.36 2,043.34 72,576.03
Net Total
Assessed Taxes Tax Tax
Year Value Due Abated Paid
1 2,734,500.00 74,619.36 2,043.34 72,576.03
2 2,734,500.00 74,619.36 2,043.34 72,576.03
3 2,734,500.00 74,619.36 2,043.34 72,576.03
4 2,734,500.00 74,619.36 2,043.34 72,576.03
5 2,734,500.00 74,619.36 2,043.34 72,576.03
5 year totals: 373,096.78 10,216.68 362,880.15
'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 vniy 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.