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HomeMy WebLinkAbout03-08-04 Community & Economic Development The South Bend Common Council's Committee Report from the Community and Economic Development Committee The March 8, 2004 meeting of the Community and Economic Development Committee was called to order by its Chairperson,Council Member Roland Kelly at 4:22 p.m., in the Council Informal Meeting Room. Persons in attendance included Council Members Dieter,Pfeifer,Kelly,Pi»zello, Varner,Kuspa, Coleman,Kirsits and White; Terry O'Brien, Charlotte Sobel, City Clerk John Voorde, Terry Bland of the Soak 93end%amine and Kathleen Cekanski-Farrand,Council Attorney. Council Member Kelly called for a presentation on.Bill No. 04-32 which is a five(5)year residential real property tax abatement request of South Bend Heritage Foundation,Inc. for the properties located at 1309, 1325, 1329, 1405 & 1408 West Washington Street. Specialist,then reviewed his report dated Terry J. O'Brien, an Economic Development Spec p P March 1, 2004. He noted that the petitioner plans to have five(5)homes built on the addresses listed on West Washington. These lots have been previously approved for tax abatement,but are about to expire. The homes would be built by Garden Homes and would range in price from $85,000 to $95,000. The petitioner has received fourteen(14)previous abatements. The report concluded that the petitioner qualifies for a five-year residential tax abatement under Section 2-77.1 of the South Bend Municipal Code addressing"Single Family Real Property Abatement". Charlotte Sobel,Director of Real Estate Development for South Bend Heritage made the presentation. She noted that two(2)families are ready to sign,but the new abatement is necessary to permit this. It is averaging two(2)years to get individuals"credit worthy" for such home ownership. No one from the public spoke in favor or in opposition to the Bill. Council Member Coleman then made a motion, seconded by Council Member Kuspa that Bill No. 04-32 be recommended favorably to Council. The motion passed. There being no further business to come before the Committee, Council Member Kelly adjourned the meeting at 4:26 p.m. Respectfully submitted, Council Member Roland Kelly, Chairperson Community and Economic Development KCF:kmf Attachments