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10-26-09 Common Council Minutes
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10-26-09 Common Council Minutes
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REGULAR MEETING OCTOBER 26, 2009 <br /> <br /> <br />wall-to-wall carpeting, central air, garbage disposal, cable hook-ups, and high-speed <br />internet access. Each unit will also have a first-floor exterior entrance; garages will be <br />available to residents for an additional fee. Phase I of the development already features a <br />large clubhouse with managers’ offices, community room, community TV with cable, <br />fitness room, computer room, and a kitchen area. Equal Development, LLC currently <br />owns the property and intends to convey it to Prairie Apartments Housing Partners II, LP. <br />The estimated cost of Phase II construction is $8,000,000. <br /> <br />A Public hearing was held on the Resolution at this time. <br /> <br />There being no one present wishing to speak to the Council either in favor of or in <br />opposition to this Resolution, Councilmember Oliver Davis made a motion to adopt this <br />Resolution. Councilmember Puzzello seconded the motion which carried and the <br />Resolution was adopted by a roll call vote of eight (8) ayes. <br /> <br /> <br /> <br /> <br /> <br />RESOLUTION NO. 3997-09 A RESOLUTION OF THE COMMON COUNCIL <br /> OF THE CITY OF SOUTH BEND <br /> DESIGNATING CERTAIN AREAS WITHIN THE <br /> CITY OF SOUTH BEND, INDIANA, <br /> COMMONLY KNOWN AS 1015 NORTH <br /> FRANCES STREET AS RESIDENTIALLY <br /> DISTRESSED AREAS FOR PURPOSES OF A (5) <br /> FIVE-YEAR RESIDENTIAL REAL PROPERTY <br /> TAX ABATEMENT FOR PETER AND NANCY <br /> KILPATRICK <br /> <br />WHEREAS, a Statement of Benefits and a petition for residential real property <br />tax abatement have been submitted to and filed with the City Clerk for consideration by <br />the Common Council of the City of South Bend, Indiana, requesting that the area <br />commonly known as 1015 North Frances Street, South Bend, Indiana, and which is more <br />particularly described as follows: <br />That part of the Northeast Quarter of Section 1, Township 37 North, <br />Range 2, Portage Township, City of South Bend, St. Joseph County, <br />Indiana which is described as: <br /> <br />Lot # B of the Plat of “Frances Street Minor Subdivision” recorded as <br />Document No. 0835847 in the Records of the St. Joseph County, Indiana <br />Recorder’s Office. <br /> <br />Containing 0.185 acres more or less. Subject to all legal highways, <br />easements & restrictions of record. <br /> <br /> <br />, <br />and this property has Tax Key Number 18-5105-3672.01be designated as a <br />Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seq., <br />and South Bend Municipal Code Sections 2-76 et seq., and; <br /> <br />WHEREAS, the Department of Community and Economic Development has <br />concluded an investigation and prepared a report with information sufficient for the <br />Common Council to determine that the area qualifies as a Residentially Distressed Area <br />under Indiana Code 6-1.1-12.1, et seq., and South Bend Municipal Code Sections 2-76, et <br />seq., and has further prepared maps and plats showing the boundaries and such other <br />information regarding the area in question as required by law; and <br />WHEREAS, the Community and Economic Development Committee of the <br />Common Council has reviewed said report and recommended to the Common Council <br />that the area qualifies as a Residentially Distressed Area. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br /> 11 <br /> <br />
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