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HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Heritage Foundation 1138 Hill St., 711 St. Peter St., & 713 St. Peter St. (5 Year Residential Property)Attest: RESOLUTION 3179 -03 Passed by the Common Council of the City of South Bend, Indiana April 14, 2003 Presented by me to the Mayor of the City of South Bend, Indiana April 15, 2Q3 Approved and signed by me April 16, City Clerk President of Common Council 20-L3— . City Clerk (!•1- .. RESOLUTION NO. �S � 7 S-03 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1138 HILL STREET, 711 ST. PETER STREET AND 713 ST. PETER STREET RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION 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 1138 Hill Street, 711 St. Peter Street and 713 St. Peter Street, South Bend, Indiana, and which are more particularly described as follows: Street Address: Legal Description: Key Number: 1138 Hill Street Lot 19, ex 20 ft S side Lot 20, 18 -5109 -3848 Shenefields Sub of Lot 143, Sorins 2nd Add 711 St. Peter Street Lot 17, ex str Hodsons Sub Lots 24 18 -5032 -1141 & 25, Sorins Is` Add 713 St. Peter Street Lot 16, ex W end for str Hodsons 18 -5032 -1140 of Lots 24 -25, Sorins 1" Add 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 ofthe 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: 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 governinent; 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. Thatthe description ofthe 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 2 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 4 1 "3 NOT APPROVED ADOPTED / �- -N -0-3 / " Member of the Common Council 3 Filed In Clerk's Office MAR 18 2003 LORETTAJ. DUDA WYCLERK, BO. BEND. BN. 1200 COUNTY -CITY BUILDING $OUCH BEND, INDIANA 46601 -1830 PHONE 574 /235 -9371 FAx 574/235 -9021 TDD 574/ 235 -5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT JON R. HUNT March 17, 2003 EXECUTIVE DIRECTOR Council Member Karl King, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Residential Real Property Tax Abatement Petition for: South Bend Heritage Foundation Dear Council Member King: Please find attached the Department of Community & Economic Development's report on a residential real property tax abatement petition for the above referenced petitioner, for three new single family homes to be located at 1138 Hill Street, 711 St. Peter Street and 713 St. Peter Street. Also attached is a copy of the petition, Statement of Benefits form and supporting information. The report contains the Department's findings relative to the above petition. South Bend Heritage Foundation proposes to build four new homes on the above identified lots. The homes will be built by Garden Homes by E.L., Inc. and will be between 1,036 and 1,300 sft each with three bedrooms, two baths on a full basement with a two car attached garage. The average cost for each new home is estimated to be $95,000. The project meets the qualifications for a five (5) year residential real property tax abatement and a representative of South Bend Heritage Foundation and /or Garden Homes by E.L., Inc. will be available to meet with the Committee on Monday, March 24, 2003. Should you or any of the other Council members have any questions concerning the report or need additional information, please feel free to call me at 235 -5835. me ely, Michael Beitzinger ~- Assistant Director, Di Ssion of Economic Development Attachments c: South Bend Common Council Members Mayor Stephen Luecke Donald Inks Filed In Clerk's Office EMAR I A 2003 LOR@TTA d. i8itf.:. CITY CLERK, 80.21Rt•i�,.s C COMMUNITY DEVELOPMENT ECONOMICDEVELOPMENT FINANCIAL &PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 5741235 -9660 574/235 -9371 ELIZABETH LEONARD FAx: 574/235 -9697 5741235 -9371