|
REGULAR MEETING FEBRUARY 9, 1998
<br />140, 142, 143, 145, 146, 147, 148, & 150
<br />HERMITAGE SOUTH ESTATES, SECTION THREE
<br />AS A RESIDENTIALLY DISTRESSED AREA FOR
<br />PURPOSES OF A FIVE (5) YEAR RESIDENTIAL
<br />REAL PROPERTY TAX ABATEMENT FOR ROJO
<br />DEVELOPMENT, INC.
<br />WHEREAS, a Statement of Benefits and a petition for real property
<br />tax abatement has been submitted to and filed with the City Clerk
<br />for consideration by the Common Council of the City of South
<br />Bend, Indiana requesting that the areas commonly known as Lots
<br />47, 52, 53, 86, 92, 93, 94, 95, 101, 105, 108, 114, 115, 116,
<br />117, 118, 119, 120, 122, 123, 126, 127, 128, 129, 131, 132, 133,
<br />134, 135, 136, 137, 138, 139, 140, 142, 143, 145, 146, 147, 148,
<br />& 150, Hermitage South Estates, South Bend, Indiana, and which
<br />are more particularly described as follows:
<br />Lots Numbered 47, 52, 53, 86, 92, 93, 94, 95, 101, 105, 108,
<br />114, 115, 116, 117, 118, 119, 120, 122, 123, 126, 127,128,
<br />129, 131, 132, 133, 134, 135, 136, 137, 138, 139, 140, 142,
<br />143, 145, 146, 147, 148, & 150, Hermitage South Estates,
<br />Section Three
<br />which has tax key number 23 1037 2095 be designated as
<br />Residentially Distressed Areas under the provisions of Indiana
<br />Code 6 -1.1 -12.1 et sea., and South Bend Municipal Code Sections
<br />2 -76 et seg., and;
<br />WHEREAS, the Department of Community and Economic Development has
<br />concluded an investigation and prepared a report with information
<br />sufficient for the Common Council to determine that the areas
<br />qualify as Residentially Distressed Areas under Indiana Code 6-
<br />1.1 -12.1, et sea., and South Bend Municipal Code Sections 2 -76,
<br />et seer., and has further prepared maps and plats showing the
<br />boundaries and such other information regarding the areas in
<br />question as required by law; and
<br />WHEREAS, the Community and Economic Development Committee of the
<br />Common Council has reviewed said report and recommended to the
<br />Common Council that the areas qualify as,Residentially Distressed
<br />Areas.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City
<br />of South Bend, Indiana, as follows:
<br />SECTION I. The Common Council hereby determines and finds that
<br />the petition for real property tax abatement and the Statement of
<br />Benefits form meet the requirements of Indiana Code 6 -1.1 -12.1 et
<br />sea., for tax abatement.
<br />SECTION II. The Common Council hereby determines and finds that
<br />the area meets one of the following conditions as formally
<br />established in Ordinance No. 8845 -97, which was passed on
<br />December 8, 1997:
<br />A. The Area is comprised of parcels that are either
<br />unimproved or contain only one (1) or two (2) family
<br />dwellings designed for up to four (4) families,
<br />including accessory buildings for those dwellings; or
<br />B. Any dwellings in the area are not permanently occupied
<br />and are:
<br />I. the subject of an order issued under IC 36 -7 -9; or
<br />ii. evidencing significant building deficiencies;
<br />C. Parcels of property in the area:
<br />I. have been sold and not redeemed under IC 6- 1,1 -24
<br />and IC 6- 1,1 -25; or
<br />ii. are owned by a unit of local government; or
<br />D. A significant number of dwelling units within the area
<br />are not permanently occupied or a significant number of
<br />parcels in the area are vacant land; or
<br />1
<br />1
<br />
|