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REGULAR MEETING <br />JULY 27,1998 <br />SECTION IV. The Common Council hereby determines and finds that <br />the proposed described redevelopment can be reasonably expected <br />to yield benefits identified in the Statement of Benefits and the <br />petition for real property tax abatement consideration and that <br />the Statement of Benefits form prescribed by the State Board of <br />Accounts are sufficient to justify the deduction granted under <br />Indiana Code 6- 1.1- 12.1 -3. <br />SECTION V. The Common Council hereby accepts the report and <br />recommendation of the Community and Economic Development <br />Committee that the areas herein described be designated as <br />Residentially Distressed Areas and hereby adopts a Resolution <br />designating these areas as Residentially Distressed Areas for <br />purposes of real property tax abatement. <br />SECTION VI. The designation as a Residentially Distressed Areas <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 properties be <br />designated as residentially distressed areas. <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. <br />Council Member Kelly reported that the Community and Economic <br />Development Committee had met on this bill and recommended it to <br />the Council favorable. Peter Barberino, 20200 Jewell, made the <br />presentation for the resolution. He reported there are eight -six <br />lots in this development, and twenty -nine are eligible for tax <br />abatement. He reported that this project will help to keep <br />people in the City. Council Member Broden made a motion to adopt <br />this resolution, seconded by Council Member Sniadecki. The <br />resolution was adopted by a roll call vote of nine ayes. <br />RESOLUTION NO. 2659 -98 A RESOLUTION OF THE COMMON COUNCIL OF <br />THE CITY OF SOUTH BEND, INDIANA, <br />SUPPORTING THE SOLID WASTE MANAGEMENT <br />DISTRICT OF ST. JOSEPH COUNTY'S DECISION <br />TO PROVIDE TOTAL DISTRICT -WIDE CURBSIDE <br />COLLECTION OF RECYCLABLE MATERIALS IN <br />THE CITY OF SOUTH BEND, INDIANA <br />Whereas, the South Bend Common Council acknowledges that on <br />March 10, 1997, the Solid Waste Management District of St. Joseph <br />County adopted Resolution No. 5 -97 which called for mandatory <br />curbside recycling by means of competitively bid contracts; and <br />Whereas, the South Bend Common Council acknowledges that on <br />March 10, 1997, the Solid Waste Management District of St. Joseph <br />County adopted Resolution No. 5 -97 which called for mandatory <br />curbside recycling by means of competitively bid contracts; and <br />