08-14-06 Council Meeting Minutes

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REGULAR MEETING AUGUST 14, 2006 (5) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION VII. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of five (5) years. SECTION VIII. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code 5-3-1 and Indiana Code 6-1.1-12.1-2.5, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION IX. Pursuant to Indiana Code 6-1.1-12.1-2, the rehabilitation must meet all local code standards for habitability as a specific condition of having such property designated as a residentially distressed area. SECTION X. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Timothy A. Rouse Member of the Common Council 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. Charlotte Bridges, 222 S. Dundee, South Bend, Indiana, made the presentation for this bill. Ms. Bridges advised that she intends to construct a 2,500 square foot, three bedroom, two-bath, ranch style frame home with brick trim on the lower portion of the home, along with a two-car garage and a basement. The home will be constructed on an infill lot. The price of the home will be $80,000. Total taxes abated during the (5) five-year abatement period is $4,575.00. 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 Kelly made a motion to adopt this Resolution. Councilmember White seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. BILL NO. 06-82 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 515 SOUTH LIBERTY STREET AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR HABITAT FOR HUMANITY Councilmember White made a motion to accept the Petitions request to withdraw this bill. Councilmember Varner seconded the motion which carried by a voice vote of nine (9) ayes. BILLS, FIRST READING 24