HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Heritage Foundation, Inc. 1309, 1325, 1329, 1405, & 1408 W. Washington St. (5 Year Residential Property)Attes
RESOLUTION
3313 -04
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 04.
City Clerk
M
RESOL UTION NO. 3 3
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTHBEND, INDIANA, COMMONLYKNOWNAS
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, 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 1309, 1325,
1329, 1405 and 1408 W. Washington St., South Bend, Indiana, and which are more
particularly described as follows:
Street Address:
1309 West Washington
1325 West Washington
1329 West Washington
1405 West Washington
1408 West Washington
Leeal Description:
Lot "E" SBHF Replat
Lot "B" SBHF Replat
Lot "A SBHF Replat
Lot 2 Sarah J Stover's Sub
Lot 2 Kirby's Sub of Bol 83
be designated as a Residentially Distressed Area; and
Key Number:
18- 1045 - 1960.01
18 -1045 -1955
18 -1045 -1953
18 -1048- 2080.01
18- 3075 -2964
WHEREAS, notice ofthe adoption ofa Declaratory Resolution and thepublic 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
Pave 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.
SECTIONIL The Common Council hereby determines and finds that the area meets one ofthe
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
ii. are owned by a unit of local government, or
D. A significant number ofdwelling units within the area are notpermanently 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 ofdwelling units, as documented
by census information, local building and demolition permits, or certificates ofoccupancy,
or the areas are owned by Indiana or the United States, or
G. The area (plus any areaspreviously designatedunder this subsection) willnot exceed
ten percent (10 %) 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- 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.
SECTIONIV. 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.
tuber of the Common Council
PRESENTED 3,2-2--01
NOT APPROVED
ADOPTED
Filed In Clerk's Office
MAR 1 2004