05-23-05 Council Meeting Minutes

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REGULAR MEETINGMAY 23, 2005 by E.L. will build the new home and sell it to Kristine Prock, an employee of Madison Center. The home will be 1,100 square feet and will have three bedrooms, one and half baths with a full basement and a two car attached garage. The new home will have architectural detailing compatible with the historic character of the neighborhood. The cost for the new home is estimated to be $105,000. 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 Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 3468-05 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 715 AND 717 HILL STREET AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement has 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 areas commonly , known as 715 and 717 Hill StreetSouth Bend, Indiana, and which are more particularly described as follows: Street Address: Legal Description: Key Number: 715 Hill Street South ½ Lot 10 and 14 feet Vacant 18-5038-1368 Alley West and Adjacent Cedar Heights Addition 717 Hill Street North ½ Lot 10 and 14 feet Vacant 18-5038-1367 Alley West and Adjacent Cedar Heights Addition be designated as a Residentially Distressed Area under the provisions of Indiana Code 6- 1.1-12.1et 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, etseq., 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: 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 seq., for tax abatement. 25