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HomeMy WebLinkAboutDesignating Tax Abatement - Tampico Developments, LLC Crescent Oaks Section 2 (5 Year Residential Property)RESOLUTION 3921-08 Passed by the Common Council of the City of South Bend, Indiana November 10, 08 20 Attest: .--~ ~~~ Presented by me to the Mayor of the City of South Bend, Indiana November 12, 20 08 City Clerk President of Common Council Approved and signed by me November 12 .~--itc~~~~ 20 ~ 8 . City Clerk ~Y~" RESOLUTION NO. 3~ ~~ ' Og 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 CRESCENT OAKS -SECTION 2 (A certain 80 lots located on approximately 19.9 acres approximately 693 .feet east oflronwood Road, and lyin~ between Jackson Road and Kern Road AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR TAMPICO DEVELOPMENTS, LLC 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 Lots 32 Address Tax Key #s 2322 Basin Street Unavailable for all lots. 33 2330 Basin Street 34 2338 Basin Street 35 2402 Basin Street 36 2408 Basin Street 37 2416 Basin Street 38 2424 Basin Street 39 2432 Basin Street 40 2440 Basin Street or 5511 Running Deer Drive 41 2323 Basin Street 42 2331 Basin Street 43 2339 Basin Street 44 2405 Basin Street 45 2413 Basin Street 46 2421 Basin Street 47 2429 Basin Street or 5469 Balboa Park Avenue 48 2428 St. Charles Avenue or 5461 Balboa Park Avenue 49 2420 St. Charles Avenue 50 2412 St. Charles Avenue 51 2404 St. Charles Avenue 52 2338 St. Charles Avenue 53 2330 St. Charles Avenue 54 2322 St. Charles Avenue 55 2319 St. Charles Avenue 56 2327 St. Charles Avenue 57 2335 St. Charles Avenue 58 2405 St. Charles Avenue 59 2411 St. Charles Avenue 60 2417 St. Charles Avenue 61 2423 St. Charles Avenue 62 2429 St. Charles Avenue 63 2435 St. Charles Avenue 64 2441 St. Charles Avenue 65 2447 St. Charles Avenue or 5373 Balboa Park Avenue 66 2511 St. Charles Avenue or 5418 Balboa Park Avenue 67 2519 St. Charles Avenue 68 2527 St. Charles Avenue or 5419 Iberville Drive 69 2609 St. Charles Avenue or 5420 Iberville Drive 70 2617 St. Charles Avenue 71 2625 St. Charles Avenue 72 2633 St. Charles Avenue 73 2641 St. Charles Avenue 74 2649 St. Charles Avenue 75 2657 St. Charles Avenue 76 2650 St. Charles Avenue or 5455 Julia Street 77 2642 St. Charles Avenue 78 2634 St. Charles Avenue 79 2626 St. Charles Avenue 80 2618 St. Charles Avenue 81 2610 St. Charles Avenue 82 2602 St. Charles Avenue 83 2534 St. Charles Avenue 84 2528 St. Charles Avenue 85 2520 St. Charles Avenue 86 2512 St. Charles Avenue 87 2504 St. Charles Avenue or 5458 Balboa Park Avenue 88 2509 Basin Street or 5464 Balboa Park Avenue 89 2517 Basin Street 90 2525 Basin Street 91 .2533 Basin Street 92 2541 Basin Street 93 2549 Basin Street 94 2607 Basin Street 95 2615 Basin Street 96 2623 Basin Street 97 2631 Basin Street 98 2639 Basin Street 99 2647 Basin Street or 5463 Julia Street 100 2530 Basin Street or 5512 Runnin~Deer Drive 101 2538 Basin Street 102 2546 Basin Street 103 2604 Basin Street 104 2612 Basin Street 105 2620 Basin Street 106 2628 Basin Street 107 2636 Basin Street 108 2644 Basin Street 109 5468 Julia Street 110 5460 Julia Street 111 5452 Julia Street all in Crescent Oaks -Section 2, South Bend, Indiana, and which is more particularly described as follows: LEGAL DESCRIPTION: CRESCENT OAKS, SECTION TWO (PROPOSED) A PARCEL OF LAND BEING A PART OF PARENT PARCEL OF LAND AS DESCRIBED IN DEED RECORD INSTRUMENT NUMBER 9944308 AS RECORDED IN OFFICE OF RECORDER OF ST. JOSEPH COUNTY, INDIANA, IN PART OF THE NORTHWEST QUARTER OF SECTION 32, TOWNSHIP 37 NORTH, RANGE 3 EAST, PENN TOWNSHIP, CITY OF SOUTH BEND, INDIANA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 32; THENCE SOUTH 00 DEGREES 16 MINUTES 29 SECONDS EAST ALONG THE WEST LINE OF SAID NORTHWEST QUARTER; A DISTANCE OF 1363.59 FEET TO THE NORTHWEST CORNER OF CRESCENT OAKS, SECTION ONE AS RECORDED UNDER INSTRUMENT NUMBER 0829850 IN THE OFFICE OF RECORDER OF SAID COUNTY; THENCE NORTH 89 DEGREES 53 MINUTES 49 SECONDS EAST ALONG THE BOUNDARY OF SAID CRESCENT OAKS, SECTION ONE, A DISTANCE OF 693.04 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING NORTH 89 DEGREES 53 MINUTES 49 SECONDS EAST, A DISTANCE OF 177.14 FEET; THENCE NORTH 00 DEGREES 16 MINUTES 57 SECONDS WEST, A DISTANCE OF 125.00 FEET; THENCE NORTH 89 DEGREES 53 MINUTES 49 SECONDS EAST, A DISTANCE OF 232.00 FEET; THENCE SOUTH 85 DEGREES 49 MINUTES 53 SECONDS EAST, A DISTANCE OF 202.56 FEET TO THE POINT OF CURVATURE OF ANON-TANGENT CURVE, CONCAVE TO THE NORTHWEST, HAVING A RADIUS OF 2030.00 FEET AND A CHORD OF 158.81 FEET BEARING SOUTH 14 DEGREES 23 MINUTES O1 SECOND WEST; THENCE SOUTHWESTERLY ALONG SAID CURVE, A DISTANCE OF 158.85 FEET; THENCE SOUTH 82 DEGREES 47 MINUTES OS SECONDS EAST, A DISTANCE OF 138.79 FEET; THENCE SOUTH 88 DEGREES 33 MINUTES 39 SECONDS EAST, A DISTANCE OF 128.79 FEET; THENCE SOUTH 85 DEGREES 11 MINUTES 32 SECONDS EAST, A DISTANCE OF 50.18 FEET; THENCE NORTH 89 DEGREES 51 MINUTES 57 SECONDS EAST, A DISTANCE OF 270.32 FEET; THENCE SOUTH 88 DEGREES 54 MINUTES 22 SECONDS EAST, A DISTANCE OF 60.01 FEET; THENCE SOUTH 87 DEGREES 44 MINUTES 44 SECONDS EAST, A DISTANCE OF 65.06 FEET; THENCE SOUTH 86 DEGREES 28 MINUTES 34 SECONDS EAST, A DISTANCE OF 60.12 FEET; THENCE SOUTH 00 DEGREES 08 MINUTES 03 SECONDS EAST, A DISTANCE OF 110.01 FEET; THENCE SOUTH 02 DEGREES 27 MINUTES 46 SECONDS EAST, A DISTANCE OF 77.59 FEET; THENCE SOUTH 00 DEGREES 08 MINUTES 02 SECONDS EAST, A DISTANCE OF 21.27 FEET; THENCE SOUTH 52 DEGREES 15 MINUTES 17 SECONDS EAST, A DISTANCE OF 153.53 FEET; THENCE SOUTH 02 DEGREES OS MINUTES 58 SECONDS EAST, A DISTANCE OF 68.80 FEET; THENCE SOUTH 35 DEGREES 37 MINUTES 17 SECONDS WEST, A DISTANCE OF 118.24 FEET; THENCE SOUTH 45 DEGREES 42 MINUTES 59 SECONDS WEST, A DISTANCE OF 113.98 FEET TO THE NORTH BOUNDARY OF DEER HOLLOW AS RECORDED UNDER INSTRUMENT NUMBER 0443949 IN THE OFFICE OF SAID RECORDER; THENCE SOUTH 89 DEGREES 51 MINUTES 58 SECONDS WEST ALONG SAID NORTH BOUNDARY AND THE NORTH BOUNDARY OF STONEHEDGE ESTATES, SECTION THREE, PART TWO AS RECORDED UNDER INSTRUMENT NUMBER 9516217 IN THE OFFICE OF SAID RECORDER, A DISTANCE OF 1317.09 FEET TO THE SOUTHEAST CORNER OF LOT 31 IN SAID CRESCENT OAKS, SECTION ONE; THENCE THE NEXT FIVE COURSE ALONG THE BOUNDARY OF SAID CRESCENT OAKS, SECTION ONE, EXCLUSIVE OF THE TEMPORARY TURNAROUND EASEMENTS: (1) NORTH 00 DEGREES 08 MINUTES 02 SECONDS WEST, A DISTANCE OF 130.01 FEET; (2) THENCE SOUTH 89 DEGREES 51 MINUTES 58 SECONDS WEST, A DISTANCE OF 10.93 FEET; (3) THENCE NQRTH 00 DEGREES OS MINUTES 02 SECONDS WEST, A DISTANCE OF 367.00 FEET; (4) THENCE NORTH 89 DEGREES 51 MINUTES 58 SECONDS EAST, A DISTANCE OF 9.51 FEET; (5) THENCE NORTH 00 DEGREES 08 MINUTES 02 SECONDS WEST, A DISTANCE OF 127.76 FEET TO THE POINT OF BEGINNING; SAID DESCRIBED PARCEL CONTAINING 19.91 ACRES, MORE OR LESS. SUBJECT TO ANY EASEMENTS, COVENANTS, RESTRICTIONS, AND RIGHT OF WAY OF RECORD. and these lots which do not yet have individual tax key numbers but are part of the parent parcel with tax key number 26-1035-0589.02, be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et se ., and South Bend Municipal Code Sections 2-76 et sea., 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 se ., 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: 4 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 seq., for tax abatement. 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 5 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~ ommon Council Pf;c~EiViED ~,-`~~~~ {''07 APPicG`~fEL? ~ ~-~ ~ ,0~ 6 FiIGd In Cl~r~c'~ Office OCT 2 3 ~~'~ JOHN VOORRE CITY CLEt~K, S0. BEPJD, tN. TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 08-100 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 CRESCENT OAKS - SECTION 2, A CERTAIN 80 LOTS LOCATED ON APPROXIMATELY 19.9 ACRES APPROXIMATELY 693 FEET EAST OF IRONWOOD ROAD, AND LYING BETWEEN JACKSON ROADAND KERN ROAD AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF (5) FIVE-YEAR RESIDENTIAL REAL PROPERTYTAX ABATEMENT FOR TAMPICO DEVELOPMENTS, LLC 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. Oliver Davis Chairperson, Committee of the Whole