05-24-99 Council Meeting Minutes

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REGULAR MEETING MAY 24, 1999 SECTION V. The Common Council hereby accepts the report and recommendation of the Community and Economic Development Committee that the area herein described be designated as a Residentially Distressed Area and hereby adopts a Resolution designating this area as a Residentially Distressed Area for purposes of real property tax abatement. SECTION VI. The designation as a Residentially Distressed Area shall be limited to five (5) calendar years from the date of the adoption of this Resolution by the Common Council. 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 /Sean Coleman 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. Ms. Dea Andrews, 223 North Scott Street, South Bend, Indiana, representing South Bend Heritage Foundation, 914 Lincolnway West, South Bend, Indiana, made the presentation for this Resolution. Ms. Andrews stated that this tax abatement is requested for properties at 1401 and 1405 West Washington which are part of the 1300 West Washington Street project. She further stated that in 1998, when South Bend Heritage previously received a tax abatement for this project, they did not own these two (2) properties. As they have now acquired these properties, South Bend Heritage is requesting tax abatement on them in order to include them in their project. A Public Hearing was held on the Resolution at this time. There being no one present wishing to address the Council either in favor of or in opposition to this Resolution, Councilmember Hosinski made a motion to adopt this Resolution. Councilmember Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 2743 -99 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1379 STONE TRAIL, 1403 STONE COURT, 6401 CEDAR TRAIL, 6301, 6304, 6305, 6306, 6307, 6308, 6309, AND 6310 DOGWOOD COURT, AND 1316, 1323, 1331, 1337, 1345, 1352, 1358, 1363, 1364, 1370, 1371, 1427, 1434, AND 1440 FOREST VIEW COURT AS A RESIDENTIALLY DISTRESSED