10-24-05 Council Meeting Minutes

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REGULAR MEETINGOCTOBER 24, 2005 designated as a Residentially Distressed Area and hereby adopts a Resolution designating this area as a Residentially Distressed Area for purposes of real property tax abatement. SECTION VI. The designation as a Residentially Distressed Area shall be limited to five (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/Charlotte D. Pfeifer Member of the Common Council Councilmember Puzzello made a motion to accept the substitute version of this Resolution as on file with the City Clerk. Councilmember Dieter seconded the motion which carried by a voice vote of seven (7) ayes. Councilmember Puzzello, Chairperson, Community and Economic Development Committee reported that this Committee held a Public Hearing on this substituted bill this afternoon and voted to send it to the full Council with a favorable recommendation. Mr. Bernard Feeney, Registered Land Surveyor, Lang, Feeney & Associates Inc., 715 S. Michigan Street, South Bend, Indiana, made the presentation for this bill on behalf of the property owner Ullery Development, LLC. Mr. Feeney advised that this project will develop fifteen (15) lots on 3.33 acres of land between 4044 Sampson and 4104 Sampson. The homes will be constructed by Ullery Development, LLC. The average cost of homes within this development is expected to be $250,000 with a total value of $3,750,000. Mr. Feeney advised that he will file an amended petition with the City Clerk’s Office on Tuesday, October 25, 2005. 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 Rouse seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) ayes. RESOLUTION NO. 3529-05 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA AUTHORIZING DEPOSIT OF VARIOUS NON- TAX REVENUE MONIES INTO FUND 209 WHEREAS, the South Bend Common Council established Fund 209 by Ordinance #9214-01 for the deposit and disbursement of federal grants received or 12