My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
03-22-04 Council Meeting Minutes
sbend
>
Public
>
Common Council
>
Minutes
>
Common Council Meeting Minutes
>
2004
>
03-22-04 Council Meeting Minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/16/2013 11:21:36 AM
Creation date
4/16/2013 9:28:56 AM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Committee Mtg Minutes
City Counci - Date
3/22/2004
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
24
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
REGULAR MEETING MARCH 22, 2004 <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 by <br /> census information,local building and demolition permits,or certificates of occupancy, <br /> 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 exceed <br /> ten percent (10%) of the total area within the Council's jurisdiction. <br /> SECTION III. The Common Council also hereby determines and finds the following: <br /> A. That the description of the proposed redevelopment meets the applicable standards for <br /> 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 be <br /> 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 which <br /> satisfy the requirements of Indiana Code 6-1.1-12.1-3. <br /> E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local code <br /> standards for habitability. <br /> F. The deduction will not be allowed unless the dwelling rehabilitation is completed within <br /> five(5) calendar years from the date of the adoption of this Resolution by the Common <br /> Council. <br /> SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the <br /> area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such <br /> designation is for Real property tax abatement only and is limited to five(5)calendar years from the <br /> date of adoption of the Declaratory Resolution by the Common Council. <br /> SECTION V. The Common Council hereby determines that the property owner is qualified for and <br /> is granted Real property tax deduction for a period of five(5)years, and further determines that the <br /> petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and <br /> 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 by the <br /> Common Council and approval by the Mayor. <br /> s/Karen L. White <br /> Member of the CommonCouncil <br /> Ms. Charlotte B. Sobel,South Bend Heritage Foundation,Inc.,803 Lincolnway West,South Bend, <br /> Indiana made the presentation for this bill. Ms. Sobel advised that the development of these last 5 <br /> remaining lots will complete the project for this area. Ms. Sobel further advised that the homes will <br /> be approximately 1,035 to 1,200 square feet, one and two stores, two-three bedrooms, two <br /> bathrooms, full basements and some will have two car garages. Ms. Sobel advised the Council that <br /> two car garages have become more desirable. The estimated value of the homes will be <br /> approximately$85,000.00 to $95,000.00 per lot. The total cost for the new homes is estimated to <br /> be $450,000.00. <br /> -14- <br /> • <br />
The URL can be used to link to this page
Your browser does not support the video tag.