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HomeMy WebLinkAboutDesignating Tax Abatement - South Bend Heritage Foundation, Inc. Various Addresses W. Washington St. (5 Year Property)Attest: RESOLUTION 3309 -04 Passed by the Common Council of the City of South Bend, Indiana March 8, 04 20_ Presented by me to the Mayor of the City of South Bend, Indiana March 9, Approved and signed by me 0 March 10, City Clerk President of Common Council 20 04 . City Clerk RESOL UTION NO. 3309-0q A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SO UTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1309, 1325, 1329, 1405 & 1408 W. WASHINGTON STREET AS RESIDENTIALLYDISTRESSED AREAS FOR PURPOSES OFA FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR SOUTHBEND HERITAGE FOUNDATION, INC. 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 area commonly known as 1309, 1325, 1329, 1405 and 1408 W. Washington St., South Bend, Indiana, and which is more particularly described as follows: Street Address: 1309 West Washington 1325 West Washington 1329 West Washington 1405 West Washington 1408 West Washington Legal Description: Lot "Ell SBHFReplat Lot "B "SBHFReplat Lot "A SBHFReplat Lot 2 Sarah JStover's Sub Lot 2 Kirby's Sub Bol 83 Key Number: 18- 1045 - 1960.01 18- 1045 -1955 18 -1045 -1953 18- 1048 - 2080.01 18- 3075 -2964 be designated as a Residentially Distressed Area under the provisions oflndiana Code 6 -1.1 -12.1 et sea., and South Bend Municipal Code Sections 2 -76 et seu .,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 sM., and South Bend Municipal Code Sections 2 -76, et sea., 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: SECTIONI. The Common Council hereby determines and finds that the petition for real property tax abatement and the Statement of Benefits form meet the requirements oflndiana Code 6 -1.1 -12.1 et sea., for tax abatement. SECTIONIL 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 ofparcels 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 H. 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 ofparcels in the area are vacant land, or E. A significant number of dwelling units within the area are: 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 (10016) of the total area within the Council's jurisdiction. SECTIONIII. 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 oflndiana Code 6- 13- I2.1 -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. SECTIONIV. 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 be designated as a residentially distressed area. SECTIONX. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. Methber of the Common Co ncil PRESENTED NOT APPROVED ADOPTED 3 -D -09 Filed in Clerk's Office MAR 1 ZOQ4 TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 04 -32 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 1309, 1325, 1329, 1405 & 1408 W. WASHINGTON STREET AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION, INC. 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. Sean Coleman Chairman