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REGULAR MEETING APRIL 26, 2004 <br />Common Council and approval by the Mayor. <br />s/Karen L.White <br />Member of the Common Council <br />Councilmember Kelly, Chairperson, Community and Economic Development Committee <br />reported that this committee held a Public Hearing on this bill this afternoon and voted to send it <br />to the full Council with a favorable recommendation. <br />Mrs. Ramona Kyle, 1816 N. O'Brien, South Bend, Indiana, made the presentation for this bill. <br />Mrs. Kyle advised that this bill would allow for the construction of a new single family home to <br />be located at 5111 Olds Avenue, South Bend, Indiana. Mrs. Kyle further advised that she <br />proposed to build a new 2,600 square foot, two- story, single family home. The home will have <br />three bedrooms 2 1/2 baths, an attached garage and full basement. The estimated value of the <br />home is $152,000. <br />A Public Hearing was held on the Resolution at this time. <br />There being no one present wishing to speak to the Council either in favor of or in opposition to <br />this Resolution, Councilmember Coleman made a motion to adopt this Resolution. <br />Councilmember Pfeifer seconded the motion which carried and the Resolution was adopted by a <br />roll call vote of nine (9) ayes. <br />RESOLUTION NO. 3323 -04 A RESOLUTION OF THE COMMON COUNCIL OF <br />THE CITY OF SOUTH BEND DESIGNATING <br />CERTAIN AREAS WITHIN THE CITY OF SOUTH <br />BEND, INDIANA, COMMONLY KNOWN AS <br />1105 FRANCES STREET AS RESIDENTIALLY <br />DISTRESSED AREAS FOR PURPOSES OF A <br />FIVE (5) YEAR RESIDENTIAL REAL <br />PROPERTY TAX ABATEMENT FOR <br />SEMION AND NATALIA LYANDRES <br />WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement <br />has been submitted to and filed with the City Clerk for consideration by the Common Council of <br />the City of South Bend, Indiana requesting that the area commonly known as 1105 Frances <br />Street, South Bend, Indiana, and which is more particularly described as follows: <br />Street Address: Legal Description: Key Number: <br />1105 Frances Street Lot No. 1 of Notre Dame Avenue 18 -5105 -3671 <br />Minor Subdivision <br />be designated as a Residentially Distressed Area under the provisions of Indiana Code 6 -1.1 -12.1 <br />et seq., and South Bend Municipal Code Sections 2 -76 et sea., and; <br />WHEREAS, the Department of Community and Economic Development has concluded <br />an investigation and prepared a report with information sufficient for the Common Council to <br />determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6 -1.1- <br />12.1, et seq., and South Bend Municipal Code Sections 2 -76, et se ., and has further prepared <br />maps and plats showing the boundaries and such other information regarding the area in question <br />as required by law; and <br />14 <br />