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REGULAR MEETING SEPTEMBER 27, 1999 <br />granted under Indiana Code 6- 1.1- 12.1 -3. <br />SECTION V. The Common Council hereby accepts the report and recommendation of the <br />Community and Economic Development Committee that the area herein described be designated as <br />a Residentially Distressed Area and hereby adopts a Resolution designating this area as a <br />Residentially Distressed Area for purposes of real property tax abatement. <br />SECTION VI. The designation as a Residentially Distressed Area shall be limited to five <br />(5) calendar years from the date of the adoption of this Resolution by the Common Council. <br />SECTION VII. The Common Council hereby determines that the property owner is qualified <br />for and is granted property tax deduction for a period of five (5) years. <br />SECTION VIII. The Common Council directs the City Clerk to cause notice of the adoption <br />of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana <br />Code 5 -3 -1 and Indiana Code 6 -1.1- 12.1 -2.5, said publication providing notice of the public hearing <br />before the Common Council on the proposed confirming of said declaration. <br />SECTION IX. Pursuant to Indiana Code 6 -1.1- 12.1 -2, the rehabilitation must meet all local <br />code standards for habitability as a specific condition of having such property be designated as a <br />residentially distressed area. <br />SECTION X. This Resolution shall be in full force and effect from and after its adoption by <br />the Common Council and approval by the Mayor. <br />s /Sean Coleman <br />Member of the Common Council <br />Councilmember Kelly reported that the Community and Economic Development Committee met <br />on this Resolution and sends it to the Council with a favorable recommendation. <br />Mr. Michael E. Urbanski, Garden Homes, 17874 State Road 23, South Bend, Indiana, made the <br />presentation for this Resolution. <br />Mr. Urbanski asked for passage of this Resolution and noted that with the inclusion of these houses, <br />the total number of new houses in the City, in which he has been involved, reaches over ninety (90) <br />thanks to tax abatement. <br />A Public Hearing was held on this Resolution at this time. <br />There was no one present wishing to speak to the Council either in favor of or in opposition to this <br />Resolution. <br />Councilmembers Pfeifer and King thanked Mr. Urbanski and the other developers who are building <br />new houses in the City. They noted that this is an example of what residential tax abatement can do <br />for the City so people can get affordable housing. <br />Therefore, Councilmember Pfeifer made a motion to adopt this Resolution. Councilmember <br />King seconded the motion which carried and the Resolution was adopted by a roll call vote of nine <br />(9) ayes. <br />RESOLUTION NO. 2789 -99 <br />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 3702 WEST <br />SAMPLE STREET AN ECONOMIC REVITALIZATION <br />