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HomeMy WebLinkAbout5037-23 Declaratory Resolution Multi-Family Development Real Property Tax Abatement Advantix Development Corp.- Multiple Properties RESOLUTION No. 5037-23 Passed by the Common Council of the City of South Bend, Indiana June 26, 20 23 6/j4/0 Attest: 7k , City Clerk Dawn M. Jones / 'TdAttest: "bYt 1 " l 1 President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana June 27, 23 20 k(i,,,,c) -72( , I City Clerk Dawn M. Jones Approved and signed by me 11 �/ 20 Z Mayor 11 ilkit' , (SUBSTITUTE) BILL NO. 23-40 RESOLUTION NO. 5037-23 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 Multiple Properties AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN-YEAR (10) REAL PROPERTY TAX ABATEMENT FOR Advantix Development Corporation WHEREAS, a petition for real property tax abatement consideration has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the areas described as: Key Number: 71-08-02-187-013.000-026 Commonly Known As: 911 Sherman Avenue Legal Description: Lot 23 Muessels 1st Key Number: 71-08-02-187-014.000-026 Commonly Known As: 909 Sherman Avenue Legal Description: Lot 22 Muessels 1st Key Number: 71-08-02-304-006.000-026 Commonly Known As: 813 N Cleveland Avenue Legal Description: 16 2/3 Ft S Side Lot 86& 16 2/3 Ft N Side Lot 87 A G Cushings 4th Key Number: 71-08-02-304-007.000-026 Commonly Known As: 809 N Cleveland Avenue Legal Description: 33 1/3 Ft S Side Lot 87 A G Cushings 4th Add Key Number: 71-08-02-307-025.000-026 Commonly Known As: 737 N Cleveland Avenue Legal Description: Lot 95 A G Cushings 4th Key Number: 71-08-02-307-026.000-026 Commonly Known As: 735 N Cleveland Avenue Legal Description: Lot 96 40W Side A G Cushings 4th Add Key Number: 71-08-02-311-007.000-026 Commonly Known As: 662 Lawndale Avenue Legal Description: Lot 6 Pleasant Home Add Key Number: 71-08-02-311-009.000-026 Commonly Known As: 654 Lawndale Avenue Legal Description: Lot 8 Pleasant Home Add Key Number: 71-08-02-326-011.000-026 Commonly Known As: 1217 Van Buren Street Legal Description: 33 Ft E Side 66 Ft W End Of Lots 81 & 82 & 33 Ft E Side 66 Ft W End 15 Ft S Side Of Lot 83 A G Cushings 4th Key Number: 71-08-02-326-012.000-026 Commonly Known As: 1215 Van Buren Street Legal Description: 33 Ft W Side 68 Ft E End Lots 81-82& 33 Ft W Side 68 Ft E Side Of 15 Ft S Side Lot 83 A G Cushings 4th Key Number: 71-08-02-330-001.000-026 Commonly Known As: 1218 Van Buren Street Legal Description: 36 Ft X 100 Ft Nw Cor Lot 80 A G Cushings 4th Key Number: 71-08-02-330-002.000-026 Commonly Known As: 752 Cleveland Avenue Legal Description: 12 Ft S Side 100 Ft W End Lot 80&28 Ft N Side 100 Ft W End Lot 79 A G Cushing 4th Key Number: 71-08-02-330-003.000-026 Commonly Known As: 1216 Van Buren Street Legal Description: Lot 80 34'E End & 34'E End 28W Side Lot 79 A G Cushings 4th Add Key Number: 71-08-02-330-005.000-026 Commonly Known As: 746 N Cleveland Avenue Legal Description: 35 Ft S Side Lot 78 A G Cushings 4th Key Number: 71-08-02-330-006.000-026 Commonly Known As: 744 N Cleveland Avenue Legal Description: Lot 77 A G Cushings 4th Key Number: 71-08-02-333-013.000-026 Commonly Known As: 716 Sherman Avenue Legal Description: N 35'Ex 10'X40'Se Side Lot 9 All Of Lots 10 & 11 & 43'S Side Lot 12 Cushing 1st Add Key Number: 71-08-02-333-014.000-026 Commonly Known As: 702 Sherman Avenue Legal Description: Lot 9 88 Ft W End 15 Ft S Side & 88 Ft W End Of Lot 8 Cushings 1st Key Number: 71-08-02-335-001.000-026 Commonly Known As: 632 Sherman Avenue Legal Description: Lot 7 78 Ft W End 33 1-3 Ft N Side Cushings 1st Key Number: 71-08-02-335-002.000-026 Commonly Known As: 1014 Lindsey Street Legal Description: Lot 7 50 Ft E End 33 1-3 Ft N Side Cushings 1st Key Number: 71-08-02-335-003.000-026 Commonly Known As: 630 Sherman Avenue Legal Description: 16 2-3 Ft S Side Lot 7 & 16 2-3 Ft N Side Lot 6 Cushings 1st Key Number: 71-08-02-335-004.000-026 Commonly Known As: 622 Sherman Avenue Legal Description: 33 1-3 Ft S Side Lot 6 Cushings 1st Key Number: 71-08-02-356-041.000-026 Commonly Known As: 1411 Linden Avenue Legal Description: Lot 92 Swygarts 1st Add Key Number: 71-08-02-407-007.000-026 Commonly Known As: 744 Harrison Avenue Legal Description: Lot 98 Cushing&Lindsey Key Number: 71-08-02-407-008.000-026 Commonly Known As: 740 Harrison Avenue Legal Description: 33 Ft N Side Lot 99 Cushing&Lindsey Key Number: 71-08-02-407-009.000-026 Commonly Known As: 736 Harrison Avenue Legal Description: 17 Ft S Side Lot 99 & 16 Ft N Side Lot 100 Cushing &Lindsey Key Number: 71-08-03-203-028.000-026 Commonly Known As: 1202 Huey Street Legal Description: Lot 212 Mayrs Mich Ave Add Key Number: 71-08-03-227-014.000-026 Commonly Known As: 1322 NBrookfield Street Legal Description: Lot 148 C R Smiths 2nd Sub Key Number: 71-08-03-258-007.000-026 Commonly Known As: 1030 Obrien Street Legal Description: Lot 76 Mayrs Mich Ave Add Key Number: 71-08-03-384-004.000-026 Commonly Known As: 2518 Linden Avenue Legal Description: Lot 13 Kaleys 1st Key Number: 71-08-03-384-007.000-026 Commonly Known As: 2506 Linden Avenue Legal Description: Lot 10 Kaleys 1st Key Number: 71-08-03-434-013.000-026 Commonly Known As: 630 Johnson Street Legal Description: Lot 13 Kauffman Place Key Number: 71-08-03-434-031.000-026 Commonly Known As: 641 NBrookfield Street Legal Description: Lot 24 Kauffman Place Key Number: 71-08-10-135-006.000-026 Commonly Known As: 2606 W Colfax Avenue Legal Description: Lot 696 Summit Place 3rd Add Key Number: 71-08-10-180-027.000-026 Commonly Known As: 218 S Meade Street Legal Description: Lot 622 Summit Place 3rd Key Number: 71-08-02-459-001.000-026 Commonly Known As: 622 W Marion Street Legal Description: Lot 5 & 6 Smith &Jackson Sub Key Number: 71-08-02-459-003.000-026 Commonly Known As: 620 W Marion Street Legal Description: Lot 7 Smith &Jackson Sub Key Number.• 71-08-02-459-004.000-026 Commonly Known As: 618 W Marion Street Legal Description: Lot 8 Smith &Jackson Sub Key Number: 71-08-02-459-002.000-026 Legal Description: 21.5 Ft W End Lot 11 Smith &Jacksons Sub. Key Number: 71-08-02-459-005.000-026 Commonly Known As: 425 Leland Avenue Legal Description: Lot 11 Ex 21.5 Ft W Side Smith &Jacksons Sub. Key Number: 71-08-02-459-006.000-026 Commonly Known As: 421 Leland Avenue Legal Description: Lot 10 Smith &Jacksons Sub Key Number: 71-08-02-459-007.000-026 Commonly Known As: 419 Leland Avenue Legal Description: Lot 9 Smith &Jacksons Sub Key Number: 71-08-02-459-008.000-026 Legal Description: Lots 1 2 3 & 4 Smith &Jacksons Sub Key Number: 71-08-02-185-017.000-026 Commonly Known As: 901 Blaine Avenue Legal Description: Lot 115 Muessels 2nd Key Number: 71-08-02-185-016.000-026 Commonly Known As: 905 Blaine Avenue Legal Description: Lot 116 Muessels 2nd be designated as Economic Revitalization Area under the provisions of Indiana Code 6-1.1-12.1 et seq. and South Bend Municipal Code Sections 2-76 et seq.; and WHEREAS,petitioner has agreed to and has accepted responsibility to report any changes in the Key Numbers and legal descriptions to the Department of Community Investment and to the Office of the City Clerk; and WHEREAS,the Department of Community Investment has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6-1.1-12.1 et seq. 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 by law; and WHEREAS,the Community Investment Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization 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 completed by the Petitioner meet the requirements of Indiana Code 6-1.1-12.1 et seq. for tax abatement. SECTION II. The Common Council hereby determines and finds the following: A. That the description of the proposed redevelopment or rehabilitation meets the applicable standards for such development; B. That the estimate of the value of the redevelopment or rehabilitation is reasonable for projects of this nature; C. That the estimate of the number of individuals who will be employed or whose employment will be retained by the Petitioner can reasonably be expected to result from the proposed described redevelopment or rehabilitation; D. That the estimate of the annual salaries of those individuals who will be employed or whose employment will be retained by the Petitioner can be reasonably expected to result from the proposed redevelopment or rehabilitation; E. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment or rehabilitation; and F. 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. SECTION III. The Common Council hereby determines and finds that the proposed described redevelopment or rehabilitation can be reasonably expected to yield benefits identified in the Statement of Benefits, Sections 1 through 3 of the Petition for Real Property Tax Abatement Consideration and the Memorandum of Agreement between the Petitioner and the City of South Bend, and that the Statement of Benefits form completed by the petitioner, said form being prescribed by the State Board of Accounts, is sufficient to justify the deduction granted under Indiana Code 6-1.1-12.1-3. SECTION IV. The Common Council hereby accepts the report and recommendation of the Community Investment Committee that the area herein described be designated as an Economic Revitalization Area and hereby adopts a Resolution designating the area as an Economic Revitalization Area for purposes of real property tax abatement. SECTION V. The designations as an Economic Revitalization Area shall expire on December 31, 2026. SECTION VI. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of ten (10) years as shown by the schedule outlined below as well as the attachment pursuant to Indiana Code 6-1.1-12.1-17. Year 1 - 100% Year 2 - 100% Year 3 - 100% Year 4 - 95% Years - 95% Year 6 - 90% Year? - 90% Year 8 - 85% Year 9 - 80% Year 10 - 75% SECTION VII. 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 VIII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. ilt( ...-- ..„- r 1_4_,. Share' cBride, Council President South Bend Common Council Attest:/li��:�.�"`-' 2t' orxtd Dawn M. Jones, City Clerk Office of the City Clerk Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the City of South Bend, Indiana, on the 027 day of , 2023, at 4 ,o'clock .m. BILL NO. 23-40 RESOLUTION NO. 5037-23 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 Multiple Properties AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN-YEAR (10) REAL PROPERTY TAX ABATEMENT FOR Advantix Development Corporation WHEREAS, a petition for real property tax abatement consideration has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the areas described as: Key Number: 71-08-02-187-013.000-026 Commonly Known As: 911 Sherman Avenue Legal Description: Lot 23 Muessels 1st Key Number: 71-08-02-187-014.000-026 Commonly Known As: 909 Sherman Avenue Legal Description: Lot 22 Muessels 1st Key Number: 71-08-02-304-006.000-026 Commonly Known As: 813 N Cleveland Avenue Legal Description: 16 2/3 Ft S Side Lot 86& 16 2/3 Ft N Side Lot 87 A G Cushings 4th Key Number: 71-08-02-304-007.000-026 Commonly Known As: 809 N Cleveland Avenue Legal Description: 33 1/3 Ft S Side Lot 87 A G Cushings 4th Add Key Number: 71-08-02-307-025.000-026 Commonly Known As: 737 N Cleveland Avenue Legal Description: Lot 95 A G Cushings 4th Key Number: 71-08-02-307-026.000-026 Commonly Known As: 735 N Cleveland Avenue Legal Description: Lot 96 40W Side A G Cushings 4th Add Key Number: 71-08-02-311-007.000-026 Commonly Known As: 662 Lawndale Avenue Legal Description: Lot 6 Pleasant Home Add Key Number: 71-08-02-311-009.000-026 Commonly Known As: 654 Lawndale Avenue Legal Description: Lot 8 Pleasant Home Add Key Number: 71-08-02-326-011.000-026 Commonly Known As: 1217 Van Buren Street Legal Description: 33 Ft E Side 66 Ft W End Of Lots 81 & 82 & 33 Ft E Side 66 Ft W End 15 Ft S Side Of Lot 83 A G Cushings 4th Key Number: 71-08-02-326-012.000-026 Commonly Known As: 1215 Van Buren Street Legal Description: 33 Ft W Side 68 Ft E End Lots 81-82& 33 Ft W Side 68 Ft E Side Of 15 Ft S Side Lot 83 A G Cushings 4th Key Number: 71-08-02-330-001.000-026 Commonly Known As: 1218 Van Buren Street Legal Description: 36 Ft X 100 Ft Nw Cor Lot 80 A G Cushings 4th Key Number: 71-08-02-330-002.000-026 Commonly Known As: 752 Cleveland Avenue Legal Description: 12 Ft S Side 100 Ft W End Lot 80&28 Ft N Side 100 Ft W End Lot 79 A G Cushing 4th Key Number: 71-08-02-330-003.000-026 Commonly Known As: 1216 Van Buren Street Legal Description: Lot 80 34'E End & 34'E End 28'N Side Lot 79 A G Cushings 4th Add • Key Number: 71-08-02-330-005.000-026 Commonly Known As: 746 N Cleveland Avenue Legal Description: 35 Ft S Side Lot 78 A G Cushings 4th Key Number: 71-08-02-330-006.000-026 Commonly Known As: 744 N Cleveland Avenue Legal Description: Lot 77 A G Cushings 4th Key Number: 71-08-02-333-013.000-026 Commonly Known As: 716 Sherman Avenue Legal Description: N 35'Ex 10'X40'Se Side Lot 9 All Of Lots 10 & 11 & 43'S Side Lot 12 Cushing 1st Add Key Number: 71-08-02-333-014.000-026 Commonly Known As: 702 Sherman Avenue Legal Description: Lot 9 88 Ft W End 15 Ft S Side & 88 Ft W End Of Lot 8 Cushings 1st Key Number: 71-08-02-335-001.000-026 Commonly Known As: 632 Sherman Avenue Legal Description: Lot 7 78 Ft W End 33 1-3 Ft N Side Cushings 1st Key Number: 71-08-02-335-002.000-026 Commonly Known As: 1014 Lindsey Street Legal Description: Lot 7 50 Ft E End 33 1-3 Ft N Side Cushings 1st Key Number: 71-08-02-335-003.000-026 Commonly Known As: 630 Sherman Avenue Legal Description: 16 2-3 Ft S Side Lot 7 & 16 2-3 Ft N Side Lot 6 Cushings 1st Key Number: 71-08-02-335-004.000-026 Commonly Known As: 622 Sherman Avenue Legal Description: 33 1-3 Ft S Side Lot 6 Cushings 1st Key Number: 71-08-02-356-041.000-026 Commonly Known As: 1411 Linden Avenue Legal Description: Lot 92 Swygarts 1st Add Key Number: 71-08-02-407-007.000-026 Commonly Known As: 744 Harrison Avenue Legal Description: Lot 98 Cushing&Lindsey Key Number: 71-08-02-407-008.000-026 Commonly Known As: 740 Harrison Avenue Legal Description: 33 Ft N Side Lot 99 Cushing&Lindsey Key Number: 71-08-02-407-009.000-026 Commonly Known As: 736 Harrison Avenue Legal Description: 17 Ft S Side Lot 99& 16 Ft N Side Lot 100 Cushing &Lindsey Key Number: 71-08-03-203-028.000-026 Commonly Known As: 1202 Huey Street Legal Description: Lot 212 Mayrs Mich Ave Add Key Number: 71-08-03-227-014.000-026 Commonly Known As: 1322 N Brookfield Street Legal Description: Lot 148 C R Smiths 2nd Sub Key Number: 71-08-03-258-007.000-026 Commonly Known As: 1030 Obrien Street Legal Description: Lot 76 Mayrs Mich Ave Add Key Number: 71-08-03-384-004.000-026 Commonly Known As: 2518 Linden Avenue Legal Description: Lot 13 Kaleys 1st Key Number: 71-08-03-384-007.000-026 Commonly Known As: 2506 Linden Avenue Legal Description: Lot 10 Kaleys 1st Key Number: 71-08-03-434-013.000-026 Commonly Known As: 630 Johnson Street Legal Description: Lot 13 Kauffman Place Key Number: 71-08-03-434-031.000-026 Commonly Known As: 641 N Brookfield Street Legal Description: Lot 24 Kauffman Place Key Number: 71-08-10-135-006.000-026 Commonly Known As: 2606 W Colfax Avenue Legal Description: Lot 696 Summit Place 3rd Add Key Number: 71-08-10-180-027.000-026 Commonly Known As: 218 S Meade Street Legal Description: Lot 622 Summit Place 3rd Key Number: 71-08-14-227-001.000-026 Commonly Known As: 900 S Franklin Street Legal Description: Lot 1 Sample & Lafayette Minor Sub 21/22 NP #1072 6/22/2020 be designated as Economic Revitalization Area under the provisions of Indiana Code 6-1.1-12.1 et seq. and South Bend Municipal Code Sections 2-76 et seq.; and WHEREAS,petitioner has agreed to and has accepted responsibility to report any changes in the Key Numbers and legal descriptions to the Department of Community Investment and to the Office of the City Clerk; and WHEREAS,the Department of Community Investment has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6-1.1-12.1 et seq. 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 by law; and WHEREAS,the Community Investment Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization 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 completed by the Petitioner meet the requirements of Indiana Code 6-1.1-12.1 et seq. for tax abatement. SECTION II. The Common Council hereby determines and finds the following: A. That the description of the proposed redevelopment or rehabilitation meets the applicable standards for such development; B. That the estimate of the value of the redevelopment or rehabilitation is reasonable for projects of this nature; C. That the estimate of the number of individuals who will be employed or whose employment will be retained by the Petitioner can reasonably be expected to result from the proposed described redevelopment or rehabilitation; D. That the estimate of the annual salaries of those individuals who will be employed or whose employment will be retained by the Petitioner can be reasonably expected to result from the proposed redevelopment or rehabilitation; E. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment or rehabilitation; and F. 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. SECTION III. The Common Council hereby determines and finds that the proposed described redevelopment or rehabilitation can be reasonably expected to yield benefits identified in the Statement of Benefits, Sections 1 through 3 of the Petition for Real Property Tax Abatement Consideration and the Memorandum of Agreement between the Petitioner and the City of South Bend, and that the Statement of Benefits form completed by the petitioner, said form being prescribed by the State Board of Accounts, is sufficient to justify the deduction granted under Indiana Code 6-1.1-12.1-3. SECTION IV. The Common Council hereby accepts the report and recommendation of the Community Investment Committee that the area herein described be designated as an Economic Revitalization Area and hereby adopts a Resolution designating the area as an Economic Revitalization Area for purposes of real property tax abatement. SECTION V. The designations as an Economic Revitalization Area shall expire on December 31, 2026. SECTION VI. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of ten (10) years as shown by the schedule outlined below as well as the attachment pursuant to Indiana Code 6-1.1-12.1-17. Year 1 - 100% Year 2 - 100% Year 3 - 100% Year 4 - 95% Years - 95% Year 6 - 90% Year 7 - 90% Year 8 - 85% Year 9 - 80% Year 10 - 75% SECTION VII. 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 VIII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. Sh McBnde, Council President South Bend Common Council Attest: Dawn M. Jones, City Clerk Office of the City Clerk Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the City of South Bend, Indiana, on the (27 day of , 2023, at 2 o'clock 10 .m. /L.e Dawn M. Jones, City Clerk Office of the City Clerk Approved and signed by me on the day of ,2023, at o'clock .m. James Mueller, Mayor City of South Bend #60 ..,aiip (-7L , Dawn M. Jones, City C erk Office of the City Clerk 6, 1 Approved and signed by me on the 3� day of 1'^ y ,2023,at o'clock rm. / Js Mueller, Mayor Ci of South Bend