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HomeMy WebLinkAboutConfirming Tax Abatement - G & M Properties Various Addresses on West Calvert Street & 2239 South Prospect Street (5 Year Residential Property)Attest: RESOLUTION NO. 2836 -00 Passed by the Common Council of the City of South Bend, Indiana February 14, 20 00 . Presented by me to the Mayor of the City of South Bend, Indiana February 16, Approved and signed by me February 17, City Clerk President of Common Council 20 00 City Clerk M-. RESOLUTION NO. ZS 3b - OD A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 28019 2807, 2813, 2817, 28219 28259 29019 29059 29099 29179 30019 3019, 2802,28089 2814, 28209 29029 29069 2912, 2916 West Calvert Street and 2239 South Prospect Street RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR G & M Properties 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 2801, 2807, 2813, 2817, 2821, 2825, 2901, 2905, 2909, 2917, 3001, 3019, 2802, 2808, 2814, 2820, 2902, 2906, 2912, 2916 West Calvert Street and 2239 South Prospect Street, South Bend, Indiana, and which are more particularly described as follows: Street Address Legal Description Key Number 2801 West Calvert Street Lot 1 Richland I" Add 18 -8110 -4170 2807 West Calvert Street Lot 2 Richland 1" 18- 8110 -4169 2813 West Calvert Street 31ft E/S of Lot 3 Richland I" Addition 18- 8110 -4168 2817 West Calvert Street 15' e/s Lot 4 & 32' w/s Lot 3 Richland 1" Add 18- 8110 -4167 2821 West Calvert Street Lot 4 & w 2' of Lot 4 Richland 1" Addition 18- 8110 -4166 2825 West Calvert Street Lot 5 and w 2' of Lot 4 Richland 1" Addition 18- 8110 -4165 2901 West Calvert Street Lot 6 & West 5' of Lot 5 Richland 1" Addition 18 -8110 -4164 2905 West Calvert Street Lot 7 Richland 1" Addition 18- 8110 -4163 2909 West Calvert Street Lot 8 Richland 1" Addition 18- 8110 -4162 2917 West Calvert Street Lot 10 Richland 1" Addition 18- 8110 -4160 3001 West Calvert Street Lot 11 Richland 1" Addition 18- 8110 -4147 3019 West Calvert Street Lot 14 & 28' e/s of Lot 15 Richland 1" Addition 18- 8110 -4144 2802 West Calvert Street Lot 39 Richland 1" Addition 18- 8110 -4179 2808 West Calvert Street Lot 38 Richland 1" Addition 18- 8110 -4178 2814 West Calvert Street Lot 37 Richland I" Addition 18- 8110 -4177 2820 West Calvert Street Lot 36 Richland 1" Addition 18 -8110 -4176 2902 West Calvert Street Lot 34 & 5' of the w/s of Lot 35 Richland 1" Addition 18- 8110 -4174 2906 West Calvert Street Lot 33 Richland Addition 18- 8110 -4173 2912 West Calvert Street Lot 32 Richland Addition 18- 8110 -4172 2916 West Calvert Street Lot 31 Richland Addition 18- 8110 -4171 2239 South Prospect Street Lot 314A Homeland 3rd Add as a Residentially Distressed Area; and 18- 8108 -4107 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 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: 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 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 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. PRESENTED Z —ty -Oa NOT APPROVED ADOPTED Member of the Common CofinciD D JI AMU,1 2-000...e.. { cf f CiE41n,:.LnE.PJa, ii�