Loading...
HomeMy WebLinkAboutConfirming Tax Abatement - Dave & Lois Coker 204 & 210 N. Summit Dr and 5140, 5141 & 5202 Windfall Dr. (5 Yr. Real Property)Attest RESOLUTION NO. 2497 -97 Passed by the Common Council of the City of South Bend, Indiana, August 11, 19 97 Clerk Attest: President of Common Council. Presented by me to the Mayor of the City of South Bend. Indiana August 12, 19 97 Approved and signed by me (�?� /l� 19 City Clerk Mayor RESOLUTION NO. mm l A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 204 & 210 NORTH SUNMT DRIVE AND 5140, 5141 & 5202 WINDFALL DRIVE RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR REAL PROPERTY RESIDENTIAL TAX ABATEMENT FOR DAVE AND LOIS COKER 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 areas commonly known as 204 & 210 North Summit Drive and 5140, 5141 & 5202 Windfall Drive, South Bend, Indiana, and which are more particularly described as follows: Street Address Legal Description Key Number 204 North Summit Drive Lot 168 Mayflower Addition, Sec. 8 1811129 - 5043.87 210 North Summit Drive Lot 169 Mayflower Addition, Sec. 8 18-4129 - 5043.86 5140 Windfall Drive Lot 174 Mayflower Addition, Sec. 8 1811129- 5043.85 5141 Windfall Drive Lot 2 John Carroll's Minor 184129- 5043.80 5202 Windfall Drive Lot 175 Mayflower Addition, Sec. 8 18- 4129 - 5043.84 as Residentially Distressed Areas; 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 the following: A. A significant number of dwelling units within the areas are not permanently occupied or a significant number of parcels in the areas are vacant land; OR B. A significant number of dwelling units in the areas are: i. the subject of an order issued under IC 36 -7 -9; or ii. evidencing significant building deficiencies; OR C. The areas have 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 D. The areas (plus any areas previously designated) do not exceed ten percent (10 %) of the total area within the designating body's jurisdiction. SECTION III. The Common Council also hereby determines and finds the following: A. The deduction will not be allowed unless the dwelling is rehabilitated to meet local code standards for habitability. B. The deduction will not be allowed unless the dwelling rehabilitation is completed within Five (5) calendar years from the date of the adoption of the Declaratory Resolution by the Common Council. C. That the description of the proposed redevelopment meets the applicable standards for such development. D. That the estimate of the value of the redevelopment is reasonable for projects of this nature; E. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment; and F. 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. SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the areas described herein as Residentially Distressed Areas 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 Common Council H: \\H jHOME\ MBEITZIN \WP \TAXABATE \RES,&APPS \RESIDEN2. CON PRESENTED Q ,-1/ —9 7 2 NO.T APPROVED ADOPTED 6-0-V Filed in Cles JU=27 Lon: r J. DUDA OITpOLBK,80.BFND,IN.