08-14-06 Council Meeting Minutes

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REGULAR MEETING AUGUST 14, 2006 Councilmember Roland Kelly, Chairperson, Community and Economic Development Committee, reported that this committee held a Public Hearing on this bill this afternoon and voted to send it to the full Council with a favorable recommendation. Ms. Geraldine Meehan, 52020 Brendan Hills, Granger, Indiana, made the presentation for this bill. Ms. Meehan advised that she and her husband are planning to construct a 2,200 square foot, four-bedroom, three-bath, two story residential home with a front porch and a two- car garage. The construction of this home will help to anchor the area of North Notre Dame between Howard Street and Corby Avenue, and will serve as the primary residence for a family of three. The price of the home will be $300,000. Total taxes abated during the (5) five-year abatement period is $11,420.64. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Dieter made a motion to adopt this Resolution. Councilmember Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 3626-06 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 202 SOUTH DUNDEE STREET AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR CHARLOTTE BRIDGES WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement have been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the area commonly known as 202 South Dundee Street, South Bend, Indiana, and which is more particularly described as follows: Parts of the NW Quarter of Section 10, Township 37 North, Range 2 East, Portage Township, St. Joseph County, Indiana, LaSalle Park, Lots 103 and 104 , and this property has Tax Key Number 18-4056-2048 and 18-4056-2050be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et seq., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6-1.1-12.1, et seq., and South Bend Municipal Code Sections 2-76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as a Residentially Distressed Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: 22