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REGULAR MINUTES APRIL 27,1998
<br />A. That the description of the proposed redevelopment meets
<br />the applicable standards for such development.
<br />B. That the estimate of the value of the redevelopment is
<br />reasonable for projects of this nature;
<br />C. That the other benefits about which information was
<br />requested are benefits that can be reasonably expected to result
<br />from the proposed described redevelopment; and
<br />D. That the totality of benefits is sufficient to justify the
<br />requested deduction, all of which satisfy -the requirements of
<br />Indiana Code 6- 1,1 -12 -3.
<br />E. The deduction will not be allowed unless the dwelling is
<br />rehabilitated to meet local code standards for habitability.
<br />F. The deduction will not be allowed unless the dwelling
<br />rehabilitation is completed within five (5) years from the date of
<br />the adoption of this Resolution by the Common Council.
<br />SECTION IV. The Common Council further exercises its authority to
<br />waive certain compliance requirements of Indiana Code 6 -1.1- 12,1 -1
<br />et seq., as permitted by Indiana `Code 6 -1.1- 12.1- 11.3(c), to the
<br />extent necessary to give effect to this Resolution, with such
<br />waiver taking place after public hearing. Without limiting the
<br />general scope of this waiver, the Common Council hereby approves
<br />From SB -1 Statement of Benefits and specifically waives the
<br />Petitioner's failure to submit said Statement of Benefits to the
<br />Common Council before initiating the redevelopment project, in
<br />accordance with Indiana Code 6- 1.1- 12.1- 11.3(a)(2). The Common
<br />Council further finds that each of the additional findings required
<br />pursuant to Indiana Code 6 -1.1- 12.1.2 have been met, and that the
<br />property located at 2230 N. Huey Street is declared a residentially
<br />distressed area.
<br />SECTION V. The Common Council hereby determines that the property
<br />owner is qualified for and is granted Real property tax deduction
<br />for a period of five ( 5 ) years, and further determines that the
<br />petition complies with Chapter 2, Article 6, of the Municipal Code
<br />of the City of South Bend and Indiana Code 6 -1.1 -12.1 et sea.
<br />SECTION VI. This Resolution shall be in full force and effect from
<br />and after its adoption by the Common Council and approval by the
<br />Mayor.
<br />/s/ Sean Coleman
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Lee
<br />Ross, petitioner, made the presentation for the bill. He
<br />indicated they were asking for tax abatement for their property, as
<br />he was told by the builder to apply for the abatement after the
<br />house was built and that was not true. He asked for the Council's
<br />favorable consideration. Council Member Aranowski made a motion to
<br />adopt this resolution, seconded by Council Member Pfeifer. The
<br />resolution was adopted by a roll call vote of eight ayes (Council
<br />Member Sniadecki was absent from the Chambers.)
<br />RESOLUTION NO. 2613 -98 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 LOTS #1, 2, 3,
<br />4,5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15,
<br />16, 17, 18, 19, 20, 21, 22, 23, 24, 25,
<br />26, 27, 28, 29, 30, 31, 32, 33, 34, 35,
<br />36, 37, 38, 39, 40, 41 HARVEST POINTE
<br />SUBDIVISION AS A RESIDENTIALLY DISTRESSED
<br />AREA FOR PURPOSES OF A FIVE (5) YEAR
<br />RESIDENTIAL REAL PROPERTY TAX ABATEMENT
<br />FOR BEELER & BROWN PROPERTIES, LLC AND
<br />DAVEY, LLC
<br />WHEREAS, a Statement of Benefits and a petition for residential
<br />real property tax abatement has been submitted to and filed with
<br />the City Clerk for consideration by the Common Council of the City
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