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HomeMy WebLinkAboutConfirming Tax Abatement - Gibraltar Home Builders Limited Partnership Various Addresses on Canton St, Harwood St, Cranston St and Chesire Dr. (5 Year Residential Property)Attest RESOLUTION NO. 2663 -98 Passed by the Common Council of the City of South Bend, Indiana August 10, 19_8 Attest: Presented by me to the Mayor of the City of South Bend, Indiana August 11, 19--2$,. Clerk of Common Council. August 11, 98 Approved and signed by me _ 19 -- Clerk Mayor RESOLUTION NO. C& � - / O A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 51259 51339 52099 5217, 5225 Canton St.; 2252, 2259, 22609 2267, 2268, 2309, 2310, 2318 Harwood St.; 2250, 2251, 2258, 2259, 2266, 2267, 2308, 2309, 23169 2317, 2324 Cranston St.; and 2260, 2268, 2309, 2310, 2318 Chesire Dr., RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR Gibraltar Home Builders Limited Partnership 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 5125, 5133, 5209, 5217, 5225 Canton St.; 2252, 2259, 2260, 2267, 2268, 2309, 2310, 2318 Harwood St.; 2250, 2251, 2258, 2259, 2266, 2267, 2308, 2309, 2316, 2317, 2324 Cranston St.; and 2260, 2268, 2309, 2310, 2318 Chesire Dr., South Bend, Indiana, and which are more particularly described as follows: Street Address Legal Description Key Number 5125 Canton Street Lot 3, Staffordshire 26 -1035- 058905 5133 Canton Street Lot 2, Staffordshire 26 -1035- 058904 5209 Canton Street Lot 38, Staffordshire 26 -1035- 058920 5217 Canton Street Lot 37, Staffordshire 26- 1035- 058919 5225 Canton Street Lot 36, Staffordshire 26- 1035- 058918 2252 Harwood Street Lot 86, Staffordshire 26- 1035 - 058941 2259 Harwwod Street Lot 5, Staffordshire 26- 1035- 058907 2260 Harwood Street Lot 85, Staffordshire 26- 1035- 058940 2267 Harwood Street Lot 6, Staffordshire 26 -1035- 058908 2268 Harwood Street Lot 84, Staffordshire 26 -1035- 058939 2309 Harwood Street Lot 7, Staffordshire 26 -1035- 058909 2310 Harwood Street Lot 83, Staffordshire 26 -1035- 058938 2318 Harwood Street Lot 82, Staffordshire 26 -1035- 058937 2250 Cranston Street Lot 34, Staffordshire 26- 1035- 058916 2251 Cranston Street Lot 40, Staffordshire 26- 1035- 058922 2258 Cranston Street Lot 33, Staffordshire 26- 1035- 058915 2259 Cranston Street Lot 41, Staffordshire 26- 1035- 058923 2266 Cranston Street Lot 32, Staffordshire 26- 1035- 058914 2267 Cranston Street Lot 42, Staffordshire 26- 1035- 058924 2308 Cranston Street Lot 31, Staffordshire 26- 1035- 058913 2309 Cranston Street Lot 43, Staffordshire 26 -1035- 058925 2316 Cranston Street Lot 30, Staffordshire 26- 1035- 058912 2317 Cranston Street Lot 44, Staffordshire 26- 1035- 058926 2324 Cranston Street Lot 29, Staffordshire 26- 1035- 058911 2260 Chesire Drive Lot 62, Staffordshire 26- 1035- 058931 2268 Chesire Drive Lot 61, Staffordshire 26- 1035- 058930 2309 Chesire Drive Lot 66, Staffordshire 26- 1035- 058935 2310 Chesire Drive Lot 60, Staffordshire 26- 1035- 058929 2318 Chesire Drive Lot 59, Staffordshire 26- 1035- 058928 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 64.1 -12.1 et seq., 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 2 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 NOT APPROVED ADOPTED ;?-/0- M Member of the Common Council 3 Filed in Clerk's Office i JUL 1i 1998 LORETTAJ. DUDA CITYCLERK, $O. BEND, IN.