Laserfiche WebLink
REGULAR MEETING JANUARY 12, 2004 <br /> Lot 71 Garland Woods 2nd Sec <br /> and with Key Number 23-1019-1132, be designated as a Residentially Distressed Area under the <br /> provisions of Indiana Code 6-1.1-12.1 et seq.,and South Bend Municipal Code Sections 2-76 et seq., <br /> and; <br /> WHEREAS, the Department of Community and Economic Development has concluded an <br /> investigation and prepared a report with information sufficient for the Common Council to determine <br /> that the area qualifies as a Residentially Distressed Area under Indiana Code 6-1.1-12.1,et sue.,and <br /> South Bend Municipal Code Sections 2-76,et seq.,and has further prepared maps and plats showing <br /> the boundaries and such other information regarding the area in question as required by law; and <br /> WHEREAS,the Community and Economic Development Committee of the Common Council has <br /> reviewed said report and recommended to the Common Council that the area qualifies as a <br /> Residentially Distressed Area. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br /> Indiana, as follows: <br /> SECTION I. The Common Council hereby determines and finds that the petition for real property <br /> tax abatement and the Statement of Benefits form meet the requirements of Indiana Code 6-1.1-12.1 <br /> et seq., for tax abatement. <br /> SECTION II. The Common Council hereby determines and finds that the area meets one of the <br /> following conditions as formally established in Ordinance no. 8845-97, which was passed on <br /> December 8, 1997: <br /> A. The area is comprised of parcels that are either unimproved or contain only one (1) <br /> or two (2) family dwellings designed for up to four(4) families, including accessory <br /> buildings for those dwellings; or <br /> B. Any dwellings in the area are not permanently occupied and are: <br /> i. the subject of an order issued under IC 36-7-9; or <br /> ii. evidencing significant building deficiencies; or <br /> C. Parcels of property in the area: <br /> i. have been sold and not redeemed under IC 6-1.1-24 and IC 6-1.1-25; or <br /> ii. are owned by a unit of local government; or <br /> D. A significant number of dwelling units within the area are not permanently occupied <br /> or a significant number of parcels in the area are vacant land; or <br /> E. A significant number of dwelling units within the area are: <br /> i. the subject of an order issued under IC 36-7-9; or <br /> ii. evidencing significant building deficiencies; or <br /> F. The area has experienced a net loss in the number of dwelling units, as documented <br /> by census information, local building and demolition permits, or certificates of <br /> occupancy, or the areas are owned by Indiana or the United States; or <br /> G. The area(plus any areas previously designated under this subsection)will not <br /> exceed ten percent(10%) of the total area within the Council's jurisdiction. <br /> SECTION III. The Common Council also hereby detel i�iines and finds the following: <br /> A. That the description of the proposed redevelopment meets the applicable standards <br /> for such development. <br /> B. That the estimate of the value of the redevelopment is reasonable for projects of this <br /> nature; <br /> C. That the other benefits about which information was requested are benefits that can <br /> be reasonably expected to result from the proposed described redevelopment; and <br /> D. That the totality of benefits is sufficient to justify the requested deduction, all of <br /> which satisfy the requirements of Indiana Code 6-1.1-12.1-3. <br /> 12 <br />