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REGULAR MEETING <br />JUNE 9, 2003 <br />SECTION X. 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 Common Council <br />Councilmember King, Chairperson, Community and Economic Development Committee, reported <br />that this committee held a Public Hearing on this bill this afternoon and voted to send it to the full <br />Council with a favorable recommendation. <br />Mr. Mark VanLue, 51073 Ash Road, Granger, Indiana, made the presentation for this bill. <br />Mr. VanLue advised that he is the Construction Manager for Habitat for Humanity of St. Joseph <br />County. Habitat for Humanity proposes to build eight (8) new homes ranging from one thousand <br />one hundred twenty (1,120) to one thousand three hundred forty -four (1,344) square feet. The <br />houses will be single story with three (3) to four (4) bedrooms, one (1) to one and three- quarters <br />(13/4) baths on a full basement. Mr. VanLue stated that new homes and new construction in these <br />areas will increase the value of existing homes and promote future improvement and development. <br />The approximate value of each home is seventy three thousand dollars ($73,000.00) for a total <br />project value of approximately five hundred eighty -five thousand dollars ($585,000.00). He noted <br />that Habitat for Humanity partners with the community and low income families to make home <br />ownership available to them and tax abatement has been one of the many ways the City of South <br />Bend has partnered with Habitat to help make that happen. <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 this <br />Resolution, Councilmember White 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 of <br />nine (9) ayes. <br />RESOLUTION NO. 3200 -03 A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 2226 S. MEADE <br />STREET AS A RESIDENTIALLY DISTRESSED AREA <br />FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL <br />REAL PROPERTY TAX ABATEMENT FOR GERALD <br />ZOCK <br />WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement has <br />been submitted to and filed with the City Clerk for consideration by the Common Council of the City <br />of South Bend, Indiana requesting that the areas commonly known as 2226 S. Meade Street, South <br />Bend, Indiana, and which are more particularly described as follows: <br />Street Address: Legal Description: Key Number: ■ <br />- . .. -. t_ te n <br />. --A . , , � n ni n� no <br />