04-25-11 Common Council Meeting Minutes

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REGULAR MEETING APRIL 25, 2011 SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12.1 et seq. SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Derek D. Dieter Member of the Common Council Mr. Robert Berger, 1617 Provincial Drive, South Bend, Indiana, made the presentation for this bill. Mr. Berger advised that he and his wife Maria plan to construct an approximate 2,300 to 2,500 square foot, single-family home. The home will have eight rooms and two and one-half bathrooms. The approximate cost of the home is expected to be between $275,000 to $320,000. He noted that because they are unsure of what the final cost of the home will be they have added 12.5% to the higher value to cover any additional costs. Total taxes to be abated during the five (5) year abatement period are estimated to be $6,068 at the $275,000 level and $2,236 at the $360,000 level. Total taxes to be paid during the five (5) year abatement period are estimated to be $9,310 at the $270,000 level and $17,832 at the $360,000 level. Mr. Berger noted that there is an existing resident tax abatement on 1807 Alfton court that was granted through Confirming Resolution Number 3644-06 on September 25, 2006. the abatement was granted to ROJO Development, Incorporated which is no longer in business. He stated that they plan to complete the construction of their home before the current abatement expires on September 10, 2011. Mr. Berger advised that it is for that reason that they have submitted this bill. 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 Varner 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 nine (9) ayes. BILL NO. 11-31 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROVING BOARD OF PUBLIC WORKS RESOLUTION NO. 21-2011 REGARDING BLOCK PARTY APPLICATIONS Councilmember Varner made a motion to continue this bill until the May 9, 2011 meeting of the Council. Councilmember Kirsits seconded the motion which carried by a voice vote of nine (9) ayes. BILLS - FIRST READING There were no bills for first reading at this time. 8