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Home My WebLink AboutConfirming Tax Abatement - G & M Properties Various Addresses (5 Year Residential Property)Attes RESOLUTION 3297 -04 Passed by the Common Council of the City of South Bend, Indiana February 9, 04 20_. Presented by me to the Mayor of the City of South Bend, Indiana February 10, 20 04 City Clerk dent of Common Council Approved and signed by me February 10 2004 City Clerk RESOLUTION NO. '� Z R 1- D 4 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4011 AND 4005 RIVERSIDE DRIVE, 2645, 2655, AND 2656 W. HOLLAND ST., 1723 AND 1803 SOUTH PHILLIPA ST., 1912, 1916, 1920, 2006, 2010, 2014, 2018, 2022, 2209, 2117, 2113, 2109, 2105, 2101, 1915 AND 1911 SOUTH WABASH ST., 1708 AND 1712 SOUTH TAYLOR ST., AND 2002 PROSPECT ST. AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR G & M PROPERTIES WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement has 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 areas commonly known as 4011 and 4005 Riverside Drive, 2645, 2655, and 2656 W. Holland St., 1723 and 1803 South Phillipa St., 1912, 1916, 1920, 2006, 2010, 2014, 2018, 2022, 2209, 2117, 2113, 2109, 2105, 2101, 1915 and 1911 South Wabash St., 1708 and 1712 South Taylor St., and 2002 Prospect St., South Bend, Indiana, and which are more particularly described as follows: Street Address: Legal Description: Key Number: Dev. Area 4011 Riverside Dr. Lot 279 Riverside Manor Sub 25- 1011 -0451 No 4005 Riverside Dr. Lot 280 Riverside Manor Sub 25- 1011 -0452 No 2002 Prospect Dr. Lot 291 Homeland 3rd Addition 18- 8106 -4022 *SEDA 2645 W. Holland St. Lot 705 & E %2 Vac Alley W & Adj Summit PI 3rd Addition 18- 4029 -1044 No 2651 W. Holland St. Lot 703 & E 18.98' Lot 704 Summit Place 3rd Addition 18- 4029- 104601 No 2655 W. Holland St. Lot 700 Summit PI 3rd Addition 18- 4029 -1049 No 1708 S. Taylor St. S %2 Lot 38 Gary Land Company 18- 8029 -1171 *SEDA 1712 S. Taylor St. S %2 Lot 38 Gary Land Company 18- 8029 -1172 *SEDA 1912 S. Wabash St. Lot 172 Homeland 2nd 18- 8103 -3903 *SEDA 1916 S. Wabash St. Lot 173 Homeland 2nd 18- 8103 -3904 *SEDA 1920 S. Wabash St. Lot 174 Homeland 2nd 18- 8103 -3905 *SEDA 2006 S. Wabash St. Lot 175 Homeland 2nd 18- 8103 -3906 *SEDA 2006 S. Wabash St. Lot 176 Homeland 2nd 18- 8103 -3907 *SEDA 2010 S. Wabash St. Lot 177 Homeland 2nd 18- 8103 -3908 *SEDA 2014 S. Wabash St. Lot 178 Homeland 2nd 18- 8103 -2909 *SEDA 2018 S. Wabash St. Lot 179 Homeland 2nd 18- 8103 -3910 *SEDA 2022 S. Wabash St. Lot 180 Homeland 2nd 18- 8103 -3911 *SEDA 2209 S. Wabash St. Lot 206 Homeland 2nd 18- 8105 -3975 *SEDA 2117 S. Wabash St. Lot 210 Homeland 2nd 18- 8105 -3967 *SEDA 2113 S. Wabash St. Lot 211 Homeland 2nd 18- 8105 -3965 *SEDA 2109 S. Wabash St. Lot 212 Homeland 2nd 18- 8105 -3963 *SEDA 2105 S. Wabash St. Lot 213 Homeland 2nd 18- 8105 -3961 *SEDA 2101 S. Wabash St. Lot 214 Homeland 2nd 18- 8105 -3959 *SEDA 1915 S. Wabash St. Lot 222 Homeland 2nd 18- 8103 -3992 *SEDA 1911 S. Wabash St. Lot 223 Homeland 2nd 18- 8103 -3991 *SEDA 1723 S. Phillipa Lot 103 SB Industrial Add 18- 8096 -3682 *SEDA 1803 S. Phillipa Lot 103 SB Industrial Add 18- 8096 -3681 *SEDA * Sample Ewing Development Area be designated as a Residentially Distressed Area; 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 sea., 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: 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. PRESENTED 2 -9 - oy NOT APPROVED ADOPTED ex�— ember of the Comm- ommon Council F d Fri' ; iH ' ,DAN 14 200b LORE;'TA J. iS� JA CITY CLERK, $ig. BEND. W.