06-22-98 Council Meeting Minutes

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REGULAR MEETING JUNE 22, 1998 notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION IX. Pursuant to Indiana Code 6 -1.1- 12.1 -2, the rehabilitation must meet all local code standards for habitability as a specific condition of having such properties be designated as residentially distressed areas. SECTION X. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Sean Coleman Member of the Common Council A public hearing was held on the resolution at this time. Council Member Kelly reported that the Community and Economic Development committee had met on this bill and recommended it to the Council favorable. Jackie Roelke, 60588 Woodstock St., made the presentation for the resolution. She reported they planned to construction homes that will cost $150,000 to $275,000. She asked the Council to grant the abatement, in order for them to be able to sell the homes. Council Member Pfeifer made a motion to adopt this resolution, seconded by Council Member Broden. The resolution was adopted by a roll call vote of eight ayes. RESOLUTION NO. 2641 -98 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS LOTS #1 TO #73 FIELD POINTE SUBDIVISION PHASE 2 AND LOTS #1, 38, 42, 56, 65, AND 67 FIELD POINTE SUBDIVISION PHASE I AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR MEADOW WOOD II LIMITED PARTNERSHIP WHEREAS, a Statement of Benefits and a petition for real property tax abatement has been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the areas commonly known as Lots #1 to #73 Field Pointe Subdivision Phase 2 and Lots #1, 38, 42, 56, 65, and 67 Field Pointe Subdivision Phase I, South Bend, Indiana, and which are more particularly described as follows: Address Legal Description Key Number Lot #1 Phase 1 Field Pointe Sub., Sec. 1 25- 1013 -0212* Lot #38 Phase 1 Field Pointe Sub., Sec. 3 " Lot #42 Phase 1 Field Pointe Sub., Sec. 4 " Lot # 56 Phase 1 Field Pointe Sub., Sec. 5 " Lot #65 Phase 1 Field Pointe Sub., Sec. 5 " Lot #67 Phase 1 Field Pointe Sub., Sec. 5 " Lot #1 Phase 2 Field Point Sub., Sec. 3 " Lot #2 Phase 2 Field Point Sub., Sec. 3 " Lot #3 Phase 2 Field Point Sub., Sec. 3 " Lot #4 Phase 2 Field Point Sub., Sec. 3 " Lot #5 Phase 2 Field Point Sub., Sec. 3 " Lot #6 Phase 2 Field Point Sub., Sec. 3 " Lot #7 Phase 2 Field Point Sub., Sec. 3 " Lot #8 Phase 2 Field Point Sub., Sec. 3 " Lot #9 Phase 2 Field Point Sub., Sec. 3 " Lot #10 Phase 2 Field Point Sub., Sec. 3 " Lot #11 Phase 2 Field Point Sub., Sec. 3 " Lot #12 Phase 2 Field Point Sub., Sec. 3 66