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REGULAR MEETING <br />MAY 11, 1998 <br />designating this area as a Residentially Distressed Area for <br />purposes of real property tax abatement. <br />SECTION VI. The designation as a Residentially Distressed Area <br />shall be limited to five (5) calendar years from the date of the <br />adoption of this Resolution by the Common Council. <br />SECTION VII. The Common Council hereby determines that the <br />property owner is qualified for and is granted property tax <br />deduction for a period of five (5) years. <br />SECTION VIII. The Common Council directs the City Clerk to cause <br />notice of the adoption of this Declaratory Resolution for Real <br />Property Tax Abatement to be published pursuant to Indiana Code <br />5 -3 -1 and Indiana Code 6 -1.1- 12,1 -2.5, said publication providing <br />notice of the public hearing before the Common Council on the <br />proposed confirming of said declaration. <br />SECTION IX. Pursuant to Indiana Code 6 -1.1- 12,1 -2, the <br />rehabilitation must meet all local code standards for <br />habitability as a specific condition of having such property be <br />designated as a residentially distressed area. <br />SECTION X. This Resolution shall be in full force and effect <br />from and after its adoption by the Common Council and approval by <br />the Mayor. <br />/s/ Sean Coleman <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. John <br />Chrisman, 54764 Bittersweet, made the presentation for the <br />resolution. He informed the Council that they are building low - <br />come homes and hope to use Federal and State dollars to help with <br />the project. He stated they are not going to put manufactured <br />housing on these lots. Council Member Broden made a motion to <br />adopt the resolution, seconded by Council Member Hosinski. The <br />resolution was adopted by a roll call vote of nine ayes. <br />RESOLUTION NO. 2620 -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 LOTS <br />#1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, <br />13, 14, 15, 16, 17, 18, 19, 20, 21, 22, <br />23, 24, 25, 26, 27, 28, 29, 30, 31, 32, <br />33, 34, 35, 36, 37, 38, 39, 40, 41 <br />HARVEST POINTE SUBDIVISION RESIDENTIALLY <br />DISTRESSED AREAS FOR PURPOSES OF A FIVE <br />(5) YEAR RESIDENTIAL REAL PROPERTY TAX <br />ABATEMENT FOR BEELER & BROWN PROPERTIES, <br />LLC AND DAVEY, LLC <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 Lots #1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 150, <br />16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, <br />32, 33, 34, 35, 36, 37, 38, 39, 40, 41 Harvest Pointe <br />Subdivision, South Bend, Indiana, and which are more particularly <br />described as follows: <br />Street Address <br />4101 Ashard Drive <br />020702* <br />Legal Descri tp ion <br />Lot #1 Harvest Pointe Subdivision <br />or 4433 Harvest Pointe Drive ** <br />4109 Ashard Drive Lot #2 Harvest Pointe Subdivision <br />Key Number <br />25 -1013- <br />