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Home My WebLink AboutConfirming Tax Abatement - F & G Development Corp. Various Addresses on Chalet Ct, Dutch Ct, Elizabethan Ct & Provincial Ct (5 Year Residential Property)Attest RESOLUTION NO. 2768 -99 Passed by the Common Council of the City of South Bend, Indiana, July 26, Iv 99 Clerk Attest: President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana July 27, 1999 Approved and signed by me July 27 --19-99---. Clerk Mayor RESOLUTION NO. Z^I 4-11 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1808, 18099 1810, 1812, and 1813 Chalet Court, 1808, 18099 1810, 1812, 1813, and 1814 Dutch Court, 1808, 1809, 1810, 1812, 1813, and 1814 Elizabethan Court and 18089 1809, 18109 1812, 1813, and 1814 Provincial Court RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR F & G DEVELOPMENT CORP. 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 1808, 1809, 1810, 1812, and 1813 Chalet Court, 1808, 1809, 1810, 1812, 1813, and 1814 Dutch Court, 1808, 1809, 1810, 1812, 1813, and 1814 Elizabethan Court and 1808, 1809, 1810, 1812, 1813, and 1814 Provincial Court, South Bend, Indiana, and which are more particularly described as follows: Street Address Legal Description Key Number 1808 Chalet Ct Lot 85 of Southeast Estates Sec.7 23- 1024 - 1298.02 1809 Chalet Ct Lot 89 of Southeast Estates Sec.7 23- 1024 - 1298.06 1810 Chalet Ct Lot 86 of Southeast Estates Sec.7 23- 1024 - 1298.03 1812 Chalet Ct Lot 87 of Southeast Estates Sec.7 23- 1024 - 1298.04 1813 Chalet Ct Lot 88 of Southeast Estates Sec.7 23- 1024 - 1298.05 1808 Dutch Ct Lot 93 of Southeast Estates Sec.7 23- 1024 - 1298.07 1809 Dutch Ct Lot 98 of Southeast Estates Sec.7 23- 1024 - 1298.12 1810 Dutch Ct Lot 94 of Southeast Estates Sec.7 23 -1024- 1298.08 1812 Dutch Ct Lot 95 of Southeast Estates Sec.7 23- 1024 - 1298.09 1813 Dutch Ct Lot 97 of Southeast Estates Sec.7 23- 1024 - 1298.11 1814 Dutch Ct Lot 96 of Southeast Estates Sec.7 23- 1024 - 1298.10 1808 Elizabethan Ct Lot 101 of Southeast Estates Sec.7 23 -1024- 1298.13 1809 Elizabethan Ct Lot 106 of Southeast Estates Sec.7 23- 1024 - 1298.18 1810 Elizabethan Ct Lot 102 of Southeast Estates Sec.7 23- 1024 - 1298.14 1812 Elizabethan Ct Lot 103 of Southeast Estates Sec.7 23- 1024 - 1298.15 1813 Elizabethan Ct Lot 105 of Southeast Estates Sec.7 23- 1024 - 1298.17 1814 Elizabethan Ct Lot 104 of Southeast Estates Sec.7 23 -1024- 1298.16 1808 Provincial Ct Lot 109 of Southeast Estates Sec. 7 23- 1024 - 1298.19 1809 Provincial Ct Lot 114 of Southeast Estates Sec. 7 23- 1024 - 1298.24 1810 Provincial Ct Lot 110 of Southeast Estates Sec. 7 23- 1024 - 1298.20 1812 Provincial Ct Lot 111 of Southeast Estates Sec. 7 23- 1024 - 1298.21 1813 Provincial Ct Lot 113 of Southeast Estates Sec. 7 23 -1024- 1298.23 1814 Provincial Ct Lot 112 of Southeast Estates Sec. 7 23- 1024 - 1298.22 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 2 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. Member of the C "on Council PRESENTED l 3 NOT APPROVED ADOPTED -1 - 2b-q`1 Filed In Clerk's, Office JiEi1999 l LORMAJ. CLDA CITY CLERK, so, smo. IN.