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HomeMy WebLinkAboutDesignating Tax Abatement - City of South Bend Board of Public Works Various Addresses on East Broadway St. (5 Year Residential Property) (2)Attest: RESOLUTION 3215 -03 Passed by the Common Council of the City of South Bend, Indiana July 28, 20 03 . i' f Presented by me to the Mayor of the City of South Bend, Indiana July 29 Approved and signed by me July 30 03 City Clerk President of Common Council 20 03 City Clerk 0 RESOLUTION NO. S2-15-0, 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 1309 5309 6219 630, 636 AND 726 EAST BROADWAY STREET AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR CITY OF SOUTH BEND BOARD OF PUBLIC WORKS 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 130, 530, 621, 630, 636 and 726 East Broadway Street, South Bend, Indiana, and which is more particularly described as follows: Street Address 130 E. Broadway St. Legal Description Lot 27, Haneys Addition Lot 26, Haneys Addition 530 E. Broadway St. 82 Ft N End Lot 207 Wenger & Kreighbaums Replat of Wenger's 6' Add N 82 Ft Lot 206 Wenger & Kreighbaums Replat of Wenger's 6`h Add Mid Pt Ea 206 & 207 Wenger & Kreighbaums Replat of Wenger's 6' Add S 35 Ft Lots 207 & 206 Wenger & Kreighbaums Replat of Wenger's 6' Add 621 E. Broadway St. Lot 179 Wenger & Kreighbaums Replat of Wenger's 6`s Add Lot 180 Wenger & Kreighbaums Replat of Wenger's 6' Add Key Number 18- 7026 -1043* 18- 7026 -1044 18- 7014 -0552* 18- 7014 -0553 18- 7014 -0554 18- 7014 -0555 18- 7015 -0590* 18- 7015 -0591 630 E. Broadway St. Lot 198 Wenger & Kreighbaums 18- 7015 -0604* Replat of Wenger's 6`h Add 80 Ft N End Lot 197 Wenger & 18- 7015 -0605 Kreighbaums Replat of Wenger's 6th Add 636 E. Broadway St. 80 Ft N End Lot 196 Wenger & 18- 7015 -0606* Kreighbaums Replat of Wenger's 6`h Add Lots 196 & 197, 37 Ft Mid Pt Ea Wenger & 18- 7015 -0607 Kreighbaums Replat of Wenger's 6`h Add Lots 196 & 197, 36 Ft S End Ea Wenger & 18- 7015 -0608 Kreighbaums Replat of Wenger's 6`h Add 726 E. Broadway St. Lot 190 Wenger & Kreighbaums 18- 7016 -0653* Replat of Wenger's 6`h Add Lot 222 Wenger & Kreighbaums 18- 7016 -0654 Replat of Wenger's 6`h Add * - indicates primary tax key number be designated as a Residentially Distressed Area under the provisions of Indiana Code 6 -1.1- 12.1 et sea., and South Bend Municipal Code Sections 2 -76 et sea., 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 seq., and South Bend Municipal Code Sections 2 -76, gt 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: 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: 2 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: L 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: L 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 be 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. PAF u_ Wb of -h o -won Co � PRESENTED -7-4-63 NOT APPROVED ADOPTED 7 '2-,�-CJ3 Had In Clerks Office F JUL17 2003 LCREi7AJ. DUDA CITY CLERK. B®. BEND. RL TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 03 -75 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 130, 530, 621, 630, 636 AND 726 EAST BROADWAY STREET AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR CITY OF SOUTH BEND BOARD OF PUBLIC WORKS 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. Karl King Chairman