HomeMy WebLinkAboutConfirming Tax Abatement - SFI/LDI Partnership (Southfield Subdivision) Various Addresses (5 Year Residential Property)Attest
RESOLUTION
NO. 2749 -99
Passed by the Common Council of the City of South Bend, Indiana
June 14, 99
19
Attest: ` l ce- •'1''d
Presented by me to the Mayor of the City of South Bend,
June
15, 99
19
Clerk
President of Common Council.
Approved and signed by me
June 15,
City Clerk
Mayor
RESOLUTION NO. 21 ` 1-'Aoi
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
1379 Stone Trail, 1403 Stone Court, 6401 Cedar Trail,
63019 63049 63059 63069 63079 63089 6309, and 6310 Dogwood Court, and
13169 1323, 1331, 13379 13459 1352, 13589 13639 13649
13709 1371, 14279 1434, and 1440 Forest View Court
RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A
FIVE (5) YEAR RESIDENTIAL REAL PROPERTY
TAX ABATEMENT FOR
SFI /LDI PARTNERSHIP (SOUTHFIELD SUBDIVISION)
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 1379 Stone
Trail, 1403 Stone Court, 6401 Cedar Trail, 6301, 6304, 6305, 6306, 6307, 6308, 6309, and
6310 Dogwood Court, and 1316, 1323, 1331, 1337, 1345, 1352, 1358, 1363, 1364, 1370,
1371, 1427, 1434, and 1440 Forest View Court, South Bend, Indiana, and which are more
particularly described as follows:
Street Address
Legal Description
Key Number
1379 Stone Trail
Lot 6 Southfield Subdivision
23 -1058 -3389
1403 Stone Court
Lot 11 Southfield Subdivision
23- 1058 -3394
6401 Cedar Trail
Lot 32 Southfield Subdivision
23 -1058 -3413
6310 Dogwood Court
Lot 33 Southfield Subdivision
23 -1059- 2073.66
6308 Dogwood Court
Lot 34Southfield Subdivision
23 -1037- 2073.67
6306 Dogwood Court
Lot 35 Southfield Subdivision
23- 1037 - 2073.68
6304 Dogwood Court
Lot 36 Southfield Subdivision
23 -1037- 2073.69
6301 Dogwood Court
Lot 37 Southfield Subdivision
23 -1037- 2073.70
6305 Dogwood Court
Lot 38 Southfield Subdivision
23 -1037- 2073.71
6307 Dogwood Court
Lot 39 Southfield Subdivision
23- 1037 - 2073.72
6309 Dogwood Court
Lot 40 Southfield Subdivision
23 -1037- 2073.73
1371 Forest View Ct
Lot 44 Southfield Subdivision
23 -1037- 2073.50
1427 Forest View Ct
Lot 46 Southfield Subdivision
23 -1037- 2073.52
1434 Forest View Ct
Lot 48 Southfield Subdivision
23- 1037 - 2073.54
1440 Forest View Ct
Lot 49 Southfield Subdivision
23- 1037 - 2073.55
1370 Forest View Ct
Lot 50 Southfield Subdivision
23- 1037 - 2073.56
1364 Forest View Ct
Lot 51 Southfield Subdivision
23- 1037 - 2073.57
1358 Forest View Ct
Lot 52 Southfield Subdivision
23- 1037 - 2073.58
1352 Forest View Ct
Lot 53 Southfield Subdivision
23 -1037- 2073.59
1345 Forest View Ct
Lot 54 Southfield Subdivision
23- 1037 - 2073.60
1337 Forest View Ct
Lot 55 Southfield Subdivision
23 -1037- 2073.61
1331 Forest View Ct
Lot 56 Southfield Subdivision
23- 1037 - 2073.62
1323 Forest View Ct
Lot 57 Southfield Subdivision
23- 1037 - 2073.63
1316 Forest View Ct
Lot 58 Southfield Subdivision
23- 1037 - 2073.64
1363 Forest View Ct
Lot 59 Southfield Subdivision
23 -1037- 2073.65
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 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 .(o -I�A
NOT APPROVED
ADOPTER " WA A
Member of the Common Council
Filed In C1epk's Office
F AM 19 1999
LORETTA J. DUDA
CRY CLERK, SO. SEND, IN.