01-28-08 Common Council Minutes - Laserfiche WebLink

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REGULAR MEETING JANUARY 28, 2008 F. The deduction will not be allowed unless the dwelling rehabilitation is completed within five (5) calendar years from the date of the adoption of this Resolution by the Common Council. 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/Timothy A. Rouse Member of the Common Council Mr. Derek Spier, Abonmarche Consultants, LLC, 750 Lincoln Way West, South Bend, Indiana, made the presentation for this bill on behalf of the owner Kendall-Weiss, LLP. Mr. Spier advised that Kendall-Weiss intends to construct sixteen (16), new, single- family homes on approximately 4.5 acres of land. The total estimated cost of the 16 homes is $2,816,800. The homes will have three to four bedrooms with 2 to 2.5 bathrooms and range in size from 1,200 to 2,500 square feet with attached garages. Each home will also have a basement with eight foot walls. Phase III, Section Three will include approximately 1,419 linear feet of public streets, private alleys for garage access and the associated pubic and private utilities. The average cost of the homes will be $176,050. 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 by a roll call vote of eight (8) ayes and one (1) nay (Councilmember Henry Davis). RESOLUTION NO. 3829-08 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 918 NORTH SAINT PETER STREET AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR BRIAN & ALISON LEVEY WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known 918 North Saint Peter Street, South Bend, Indiana, and which is more particularly described as follows: 15