01-28-08 Common Council Minutes - Laserfiche WebLink

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REGULAR MEETING JANUARY 28, 2008 E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local code standards for habitability. 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 Ms. Alison Levey, 604 E. Angela Blvd., South Bend, Indiana, made the presentation for this bill. Ms. Levey advised that she and her husband intend to construct a new 2,200 square foot, 2 story home with a three car garage. The home will have three bedrooms, three bathrooms, an open front porch, stone patio and full finished basement. There is currently a structure on the property that will be demolished prior to construction beginning. The estimated cost of the home is $325,000. 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 Dieter made a motion to adopt this Resolution. Councilmember LaFountain seconded the motion which carried by a roll call vote of eight (8) ayes and one (1) nay (Councilmember Henry Davis). RESOLUTION NO. 3930-08 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3950 WILLIAM RICHARDSON COURT AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR RYAN FIREPROTECTION, INC. WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 3950 William Richardson Court, South Bend, Indiana, and which is more particularly described as follows: 17