10-22-01 Council Meeting Minutes

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REGULAR MEETING OCTOBER 22, 2001 SECTION VII. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of five (5) years. SECTION VIII. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code 5 -3 -1 and Indiana Code 6- 1.1- 12.1 -2.5, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION IX. Pursuant to Indiana Code 6- 1.1- 12.1 -2, the rehabilitation must meet all local code standards for habitability as a specific condition of having such property be designated as a residentially distressed area. SECTION X. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s /Charlotte Pfeifer Member of the Common Council Councilmember Kelly reported that the Community and Economic Development Committee met on this bill and recommends this Resolution to the Council favorably. Mr. Edward C. Levy, 316 South Eddy Street, South Bend, Indiana, made the presentation for this bill. Mr. Levy advised that these three (3) lots are vacant and are next to a drainage ditch that the City owns. They wish to build upscale houses at this location and the tax abatement will allow people to purchase such a house on a first time basis. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Coleman made a motion to adopt this Resolution. Councilmember White seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 3044 -01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN 4011 AND 4005 RIVERSIDE DR., 1752 KESSLER BLVD., 12 10 AND 1214 SORIN ST., AND 2834 W. CALVERT ST. AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR G & M PROPERTIES, J.C. AND NAOMI DAVIS, ANNETTE KYLE, AND ERNESTRO MARTINEZ WHEREAS, a Statement ofBenefits and apetition for residential real property tax abatement has been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as South Bend, Indiana, and which is more particularly described as follows: Street Address Legal Description Key Number 4011 Riverside Dr. Lot 279 Riverside Manor Sub 25 -1011 -0451 -12- 1