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HomeMy WebLinkAboutConfirming Tax Abatement - Woodhaven LLC Various Addresses on Emerson Forest Parkway (5 Year Residential Property)Attes RESOLUTION K111111eAILH Passed by the Common Council of the City of South Bend, Indiana March 22, 04 20_. Presented by me to the Mayor of the City of South Bend, Indiana March 23, 20 04 Approved and signed by me March 24 City Clerk dent of Common Council 20—L4—. City Clerk 41:.1W RESOLUTION NO. 33 � -,' A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2309, 2315, 2503, 2513, 2525, 2537, 2603, 2310, 2402, 2432, 2502, 2512, 2524, 2536, 2548, 2608 AND 2620 EMERSON FOREST PARKWAY AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR WOODHAVEN, LLC 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 2309, 2315, 2503, 2513, 2525, 2537, 2603, 2310, 2402, 2432, 2502, 2512, 2524, 2536, 2548, 2608 and 2620 Emerson Forest Parkway, South Bend, Indiana, and which are more particularly described as follows: Street Address 2309 Emerson Forest Parkway 2315 Emerson Forest Parkway 2503 Emerson Forest Parkway 2513 Emerson Forest Parkway 2525 Emerson Forest Parkway 2537 Emerson Forest Parkway 2603 Emerson Forest Parkway 2310 Emerson Forest Parkway 2402 Emerson Forest Parkway 2432 Emerson Forest Parkway 2502 Emerson Forest Parkway 2512 Emerson Forest Parkway 2524 Emerson Forest Parkway 2536 Emerson Forest Parkway 2548 Emerson Forest Parkway 2608 Emerson Forest Parkway 2620 Emerson Forest Parkway Legal Description Lot #9 Emerson Forest Section One Lot #11 Emerson Forest Section One Lot #48 Emerson Forest Section One Lot #49 Emerson Forest Section One Lot #50 Emerson Forest Section One Lot #51 Emerson Forest Section One Key Number 18- 8154 - 5545 -34 18- 8154 - 5545 -32 18- 8154 - 5545 -27 18- 8154 - 5545 -26 18- 8154 - 5545 -25 18- 8154 - 5545 -24 Lot #52 Emerson Forest Section One 18- 8154 - 5545 -23 Lot #159 Emerson Forest Section One 18- 8154 - 5545 -06 Lot #160 Emerson Forest Section One 18- 8154 - 5545 -07 Lot #163 Emerson Forest Section One 18- 8154 - 5545 -10 Lot #195 Emerson Forest Section One 18- 8154 - 5545 -11 Lot #196 Emerson Forest Section One 18- 8154 - 5545 -12 Lot #197 Emerson Forest Section One 18- 8154 - 5545 -13 Lot #198 Emerson Forest Section One 18- 8154 - 5545 -14 Lot #199 Emerson Forest Section One 18- 8154 - 5545 -15 Lot #201 Emerson Forest Section One 18- 8154 - 5545 -17 Lot 4202 Emerson Forest Section One 18- 8154 - 5545 -18 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 thatthe 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 seg., 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 underthis 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 seg. 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 ,3-2-7--01 NOT APPROIAD. ADOPTED 3 -z2-- 0) Memller of the Common Co ncil Filed In Clerk's Office FEB 12 = CITY