The URL can be used to link to this page

Home My WebLink AboutDesignating Tax Abatement - Kendall Weiss LLP Lots 1-17 LaFayette Falls Sub. Phase 2 (5 Year Residential Property)Attest: RESOLUTION 3487 -05 Passed by the Common Council of the City of South Bend, Indiana July 11, 05 20_. Presented by me to the Mayor of the City of South Bend, Indiana July 12, 20 05 Approved and signed by me July 13 City Clerk President of Common Council 2005 . City Clerk �% - Mayor RESOLUTION NO. 3y ? 7- 0 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 LOTS NUMBERED I THROUGH 17, LA FAYETTE FALLS SUBDIVISION, PHASE TWO AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR KENDALL- WEISS, LLP 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 20000 -21000 Block (South Side) of Kern Road, South Bend, Indiana, and which is more particularly described as follows: Street Address: Legal Description: Key Number: 6522 Norton Court Lot 1 La Fayette Falls, Phase 2 01 -1002- 002308 or 1313 De Luna Way 6514 Morton Court 6468 Morton Court 6460 Morton Court 6452 Morton Court 6444 Morton Court 6447 Morton Court 6455 Morton Court 6463 Morton Court 6471 Morton Court 6515 Morton Court 6521 Morton Court or 1331 De Luna Way 1336 De Luna Way 1328 De Luna Way 1320 De Luna Way 1312 De Luna Way 1304 De Luna Way Lot 2 La Fayette Falls, Phase 2 Lot 3 La Fayette Falls, Phase 2 Lot 4 La Fayette Falls, Phase 2 Lot 5 La Fayette Falls, Phase 2 Lot 6 La Fayette Falls, Phase 2 Lot 7 La Fayette Falls, Phase 2 Lot 8 La Fayette Falls, Phase 2 Lot 9 La Fayette Falls, Phase 2 Lot 10 La Fayette Falls, Phase 2 Lot 11 La Fayette Falls, Phase 2 Lot 12 La Fayette Falls, Phase 2 01- 1002- 002309 01- 1002 - 002310 01 -1002- 002311 01 -1002- 002312 01- 1002 - 002313 01- 1002 - 002314 01- 1002 - 002315 01- 1002- 002316 01 -1002- 002317 01 -1002- 002318 01 -1002- 002319 Lot 13 La Fayette Falls, Phase 2 01- 1002- 002320 Lot 14 La Fayette Falls, Phase 2 01- 1002 - 002321 Lot 15 La Fayette Falls, Phase 2 01- 1002 - 002322 Lot 16 La Fayette Falls, Phase 2 01 -1002- 002323 Lot 17 La Fayette Falls, Phase 2 01 -1002- 002324 be designated as a Residentially Distressed Area under the provisions of Indiana Code 6- 1.1 -12.1 et se q., and South Bend Municipal Code Sections 2 -76 et seq., 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 SeMc ., 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 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: 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 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. PRESENTED NOT APPROVED ; WPTEQ I- -lk -as Member of the Common Co cil Filed In Clerk's Office JUL - 6 2005 joWal VOORDE .v qn BEND. IN. TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 05 -82 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 LOTS NUMBERED 1 THROUGH 17, LAFAYETTE FALLS SUBDIVISION, PHASE TWO AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR KENDALL- WEISS, LLP 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. Roland Kelly Chairman