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REGULAR MEETING APRIL 13, 1998
<br />RESOLUTION NO. 2599 -98 A RESOLUTION CONFIRMING THE ADOPTION OF
<br />A DECLARATORY RESOLUTION DESIGNATING
<br />CERTAIN AREAS WITHIN THE CITY OF SOUTH
<br />BEND, INDIANA, COMMONLY KNOWN AS 2204,
<br />2208, 2212, 2220, 2310, 2314, 2207,
<br />2211, 2215, AND 2301 OAKWOOD PARK DRIVE
<br />RESIDENTIALLY DISTRESSED AREAS FOR
<br />PURPOSES OF A FIVE (5) YEAR RESIDENTIAL
<br />REAL PROPERTY TAX ABATEMENT FOR
<br />WOODFIELD DOWN, INC. D.B.A. OAKWOOD
<br />VILLAGE
<br />WHEREAS, the Common Council of the City of South Bend, Indiana,
<br />has adopted a Declaratory Resolution designating certain areas
<br />within the City as Residentially Distressed Areas for the purpose
<br />of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the areas commonly
<br />known as 2204, 2208, 2212, 2220, 2310, 2314, 2207, 2211, 2215,
<br />AND 2301 Oakwood Park Drive, South Bend, Indiana, and which are
<br />more particularly described as follows:
<br />Oakwood Villas Sec One Lot 1, Oakwood Villas Section One Lot 2,
<br />Oakwood Villas Section One Lot 3, Oakwood Villas Sec One Lot 5,
<br />Oakwood Villas Section One Lot 8, Oakwood Villas Sect One Lot 9,
<br />Oakwood Villas Sec One Lot 23, Oakwood Villas Sec One Lot 24,
<br />Oakwood Villas Sec One Lot 25, and Oakwood Villas Sec One Lot 27
<br />and which has tax Key Number 25 -1004- 025604, 25- 1004 - 025605, 25-
<br />1004- 025606, 25- 1004 - 025608, 25- 1004 - 025611, 25- 1004 - 025612, 25-
<br />1004- 025619, 26- 1004 - 02620, 25- 1004 - 025621, and 25- 1004 - 025623
<br />be designated as a Residentially Distressed Area under the
<br />provisions of Indiana Code 6 -1.1 -12.1 et seq., and South Bend
<br />Municipal Code Sections 2 -76 et seq., and;
<br />as Residentially Distressed Areas; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and
<br />the public hearing before the Council has been published pursuant
<br />to Indiana Code 6 -1.1- 12,1 -2..5; and
<br />WHEREAS, the Council held a public hearing for the purposes of
<br />hearing all remonstrances and objections from interested persons;
<br />and
<br />WHEREAS, the Council has determined that the qualifications for a
<br />residentially distressed areas have been met.
<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 />se_,{e . , for tax abatement.
<br />SECTION II. The Common Council hereby determines and finds the
<br />following:
<br />A. A significant number of dwelling units within the
<br />areas are not permanently occupied or a significant number of
<br />parcels in the areas are vacant land;
<br />B. A significant number of dwelling units in the areas
<br />are:
<br />i. the subject of an order issued under IC36 -7 -9; or
<br />ii. evidencing significant building deficiencies;
<br />C. The Areas have experienced a new loss in the number
<br />of dwelling units, as documented by census information, local
<br />building and demolition permits, or certificates of occupancy, or
<br />the areas are owned by Indiana or the United States.
<br />D
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