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HomeMy WebLinkAboutConfirming Tax Abatement - Tampico Developments LLC Lots 9-28, 46-58, 69-78 and 80 & 81 Staffordshire Estates Sub. Section 2 (5 Year Residential Property)Attest: RESOLUTION 3480 -05 Passed by the Common Council of the City of South Bend, Indiana June 27, 05 20_ Presented by me to the Mayor of the City of South Bend, Indiana June 28, 05 City Clerk President of Common Council Approved and signed by me June 29 P0—D-5- City Clerk RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS LOTS NUMBERED 9 THROUGH 28, 46 THROUGH 58,69 THROUGH 78,80 AND 81, STAFFORDSHIRE ESTATES SUBDIVISION, SECTION TWO AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR TAMPICO DEVELOPMENTS, LLC WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as Staffordshire Estates Subdivision, Section Two, South Bend, Indiana, and which is more particularly described as follows: Street Address: Legal Description: Key Number: 2325 Harwood St. Lot 9 Staffordshire Estates, Section 2 26- 1035- 058942 2333 Harwood St. 2341 Harwood St. 2349 Harwood St. 2411 Harwood St. 2419 Harwood St. 2427 Harwood St. 5120 Essington St. 5218 Essington St. 5136 Essington St. 5212 Essington St. 5220 Essington St. 5228 Essington St. 2434 Cranston St. 2426 Cranston St. 2418 Cranston St. Lot 10 Staffordshire Estates, Section 2 26- 1035- 058943 Lot 11 Staffordshire Estates, Section 2 26 -1035- 058944 Lot 12 Staffordshire Estates, Section 2 26 -1035- 058945 Lot 13 Staffordshire Estates, Section 2 26- 1035- 058946 Lot 14 Staffordshire Estates, Section 2 26- 1035- 058947 Lot 15 Staffordshire Estates, Section 2 26- 1035- 058948 Lot 16 Staffordshire Estates, Section 2 26- 1035- 058949 Lot 17 Staffordshire Estates, Section 2 26- 1035- 058950 Lot 18 Staffordshire Estates, Section 2 26 -1035- 058951 Lot 19 Staffordshire Estates, Section 2 26 -1035- 058952 Lot 20 Staffordshire Estates, Section 2 26 -1035- 058953 Lot 21 Staffordshire Estates, Section 2 26- 1035- 058954 Lot 22 Staffordshire Estates, Section 2 26- 1035- 058955 Lot 23 Staffordshire Estates, Section 2 26- 1035- 058956 Lot 24 Staffordshire Estates, Section 2 26- 1035- 058957 2410 Cranston St. Lot 25 Staffordshire Estates, Section 2 26- 1035- 058958 2348 Cranston St. Lot 26 Staffordshire Estates, Section 2 26- 1035- 058959 2340 Cranston St. Lot 27 Staffordshire Estates, Section 2 26- 1035- 058960 2322 Cranston St. Lot 28 Staffordshire Estates, Section 2 26- 1035- 058961 2333 Cranston St. Lot 46 Staffordshire Estates, Section 2 26- 1035- 058962 2341 Cranston St. Lot 47 Staffordshire Estates, Section 2 26- 1035- 058963 2349 Cranston St. Lot 48 Staffordshire Estates, Section 2 26- 1035- 058964 2411 Cranston St. Lot 49 Staffordshire Estates, Section 2 26 -1035- 058965 2419 Cranston St. Lot 50 Staffordshire Estates, Section 2 26 -1035- 058966 2427 Cranston St. Lot 51 Staffordshire Estates, Section 2 26- 1035- 058967 Or 5210 Essington St. 5211 Essington St. Lot 52 Staffordshire Estates, Section 2 26 -1035- 058968 Or 2428 Cheshire Dr. 2420 Cheshire Dr. Lot 53 Staffordshire Estates, Section 2 26 -103 5- 058969 2412 Cheshire Dr. Lot 54 Staffordshire Estates, Section 2 26- 1035- 058970 2350 Cheshire Dr. Lot 55 Staffordshire Estates, Section 2 26- 1035- 058971 2342 Cheshire Dr. Lot 56 Staffordshire Estates, Section 2 26- 1035- 058972 2334 Cheshire Dr. Lot 57 Staffordshire Estates, Section 2 26- 1035- 058973 2326 Cheshire Dr. Lot 58 Staffordshire Estates, Section 2 26- 1035- 058974 2333 Cheshire Dr. Lot 69 Staffordshire Estates, Section 2 26- 1035- 058976 2341 Cheshire Dr. Lot 70 Staffordshire Estates, Section 2 26- 1035- 058977 2349 Cheshire Dr. Lot 71 Staffordshire Estates, Section 2 26 -1035- 058978 2411 Cheshire Dr. Lot 72 Staffordshire Estates, Section 2 26 -1035- 058979 2419 Cheshire Dr. Lot 73 Staffordshire Estates, Section 2 26 -1035- 058980 2427 Cheshire Dr. Lot 74 Staffordshire Estates, Section 2 26 -1035- 058981 Or 5135 Essington Dr. 5127 Essington Dr. Lot 75 Staffordshire Estates, Section 2 26- 1035- 058982 Or 2428 Harwood Dr. 2420 Harwood Dr. Lot 76 Staffordshire Estates, Section 2 26- 1035- 058983 2412 Harwood Dr. Lot 77 Staffordshire Estates, Section 2 26- 1035- 058984 2350 Harwood Dr. Lot 78 Staffordshire Estates, Section 2 26- 1035- 058985 2334 Harwood Dr. Lot 80 Staffordshire Estates, Section 2 26- 1035- 058987 2326 Harwood Dr. Lot 81 Staffordshire Estates, Section 2 26- 1035- 058988 be designated as a Residentially Distressed 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, 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 a residentially distressed area have been met. 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 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. 8845 -97, which was passed on December 8, 1997: 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 confirms its Declaratory Resolution designating the area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et sea. SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. YkESiNTED (a-L� -or NOT APPROVED ADOPTED (a ,LZ -ps U�� & Via Member of the Common Cou it Filed in Clerk's Office JUN - 8 2005 JOHN VOORDE CITY CLERK, SO. BEND, IN.