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REGULAR MEETING JANUARY 26,2004 <br /> SECTION V. The Common Council hereby determines that the property owner is <br /> qualified for and is granted Real property tax deduction for a period of five (5)years, and further <br /> determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City <br /> of South Bend and Indiana Code 6-1.1-12.1 et seq. <br /> SECTION VI. This Resolution shall be in full force and effect from and after its adoption <br /> by the Common Council and approval by the Mayor; and effective upon the completion of the <br /> annexation of said real estate into the corporate limits of South Bend, Indiana. <br /> s/Karen L. White <br /> Member of the Common Council <br />• <br /> Mr. Andy Place, 18360 St. Line Rd., South Bend, Indiana,made the presentation for this bill on <br /> behalf of the petitioner Mr. Cosimo Rulli. <br /> Mr. Place stated that the home that is going to be constructed will be approximately 1800 square <br /> feet and will have three bedrooms, 2 1/2 baths, attached garage and a full basement. The total cost <br /> of the home is estimated at $180,000. 00. <br /> A Public Hearing was held on the Resolution at this time. <br /> Councilmember Dieter asked Mr. Place what the property taxes were on this home. Mr. Place <br /> did not know at this time, but offered to get that information to Councilmember Dieter. <br /> There being no one present wishing to speak to the Council either in favor or in opposition to this <br /> Resolution, Councilmember Kelly made a motion to adopt this Resolution. Councilmember <br /> Coleman seconded the motion which carried and the Resolution was adopted by a roll call vote <br /> of eight (8) ayes. <br /> RESOLUTION NO. 3290-04 A RESOLUTION OF THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND DESIGNATING CERTAIN <br /> AREAS WITHIN THE CITY OF SOUTH BEND,INDIANA, <br /> COMMONLY KNOWN AS 4011 AND 4005 RIVERSIDE <br /> DRIVE, 2645, 2655 AND 2656 W. HOLLAND ST., 1723 <br /> AND 1803 SOUTH PHILLIPA ST., 1912, 1916, 1920,2006, <br /> 2010,2014,2018,2022,2209,2117,2113,2109,2105,2101, <br /> 1915 AND 1911 SOUTH WABASH ST. 1708 AND 1712 <br /> SOUTH TAYLOR ST., AND 2002 PROSPECT ST. AS A <br /> RESIDENTIALLY DISTRESSED AREA FOR PURPOSES <br /> OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY <br /> TAX ABATEMENT FOR G &M PROPERTIES <br /> WHEREAS, a Statement of Benefits and a petition for residential real property tax <br /> abatement has been submitted to and filed with the City Clerk for consideration by the Common <br /> Council of the City of South Bend, Indiana requesting that the areas commonly known as 4011 <br /> and 4005 Riverside Drive, 2645, 2655, and 2656 W. Holland St., 1723 and 1803 South Phillipa <br /> St., 1912, 1916, 1920, 2006, 2010, 2014, 2018, 2022, 2209, 2117, 2113, 2109, 2105, 2101, 1915 <br /> and 1911 South Wabash St., 1708 and 1712 South Taylor St., and 2002 Prospect St., South <br /> Bend, Indiana, and which are more particularly described as follows: <br /> Street Address: Legal Description: Key Number: Dev. Area <br /> 4011 Riverside Dr. Lot 279 Riverside Manor Sub 25-1011-0451 No <br /> 4005 Riverside Dr. Lot 280 Riverside Manor Sub 25-1011-0452 No <br /> -10- <br />