HomeMy WebLinkAboutConfirming Tax Abatement - Woodfield Downs Inc. Various Addresses (5 Year Residential Property)Attest
RESOLUTION
NO. 2657 -98
Passed by the Common Council of the City of South Bend, Indiana,
July 27, 19 98 .
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Attest: "^�•� Pees
Presented by me to the Mayor of the City of South Send, Indiana
Clark
of Common Council.
City Clerk
Approved and signed by me July 29, _ t9 98 _
Mayor
RESOLUTION NO. j q -q D
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
2918, 29229 29269 2923, 2919 Corpus Christi Drive, 2320, 2317, 2321, 2325,
23299 24019 24059 2404, Oakbrook Drive, and 2921, 2917, 2918, 2922,
2926, 2930 Bent Oak Lane
RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A
FIVE (5) YEAR RESIDENTIAL REAL PROPERTY
TAX ABATEMENT FOR
Woodfield Downs, Inc.
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 2918, 2922,
2926, 2923, 2919 Corpus Christi Drive, 2320, 2317, 2321, 2325, 2329, 2401, 2405, 2404,
Oakbrook Drive, and 2921, 2917, 2918, 2922, 2926, 2930 Bent Oak Lane, South Bend,
Indiana, and which are more particularly described as follows:
Street Address
Legal Description Key Number
2918 Corpus Christi Drive
Oakwood Villas Sec Two Lot 16 *see below
2922 Corpus Christi Drive
Oakwood Villas Sec Two Lot 17
2926 Corpus Christi Drive
Oakwood Villas Sec Two Lot 18
or 2324 Oakbrook Drive **
2320 Oakbrook Drive
Oakwood Villas Sec Two Lot 19
2921 Bent Oak Lane
Oakwood Villas Sec Two Lot 20
2917 Bent Oak Lane
Oakwood Villas Sec Two Lot 21
2918 Bent Oak Lane
Oakwood Villas Sec Two Lot 29
2922 Bent Oak Lane
Oakwood Villas Sec Two Lot 30
2926 Bent Oak Lane
Oakwood Villas Sec Two Lot 31
2930 Bent Oak Lane
Oakwood Villas Sec Two Lot 32
2317 Oakbrook Drive
Oakwood Villas Sec Two Lot 33
2321 Oakbrook Drive
Oakwood Villas Sec Two Lot 34
2325 Oakbrook Drive
Oakwood Villas Sec Two Lot 35
2329 Oakbrook Drive
Oakwood Villas Sec Two Lot 36
2401 Oakbrook Drive
Oakwood Villas Sec Two Lot 37
2405 Oakbrook Drive
Oakwood Villas Sec Two Lot 38
2404 Oakbrook Drive
Oakwood Villas Sec Two Lot 39
or 2927 Corpus Christi Drive **
2923 Corpus Christi Drive Oakwood Villas Sec Two Lot 40
2919 Corpus Christi Drive Oakwood Villas Sec Two Lot 41
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 -7- )-T 76
Member of the Common Council
3
Piled In Clerk's Office
E t 1 _ R 1998
WAETTAJ. DUDA
CtrY CLE AK, 80. BEND, M.
(* Tax key 1l for entire parcel 25- 1004 - 025603. Individual tax key numbers in process of
being assigned.)
( ** - designates corner lots which may have one or the other street address listed).
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.
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