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REGULAR MEETING <br />Street Address <br />2918 Elwood* <br />2924 Elwood* <br />2516 Bergan Street <br />2005 Meade Street <br />2045 Meade Street <br />1350 Bissell* <br />JULY 27, 1998 <br />Legal Description <br />Key Number <br />Lot 149 Lincoln Terrace Plat <br />18- 2041 -1412 <br />Lot 150 Lincoln Terrace Plat <br />18- 2041 -1411 <br />Lot 151 Lincoln Terrace Plat <br />18- 2041 -1410 <br />Lot 152 Lincoln Terrace Plat <br />18- 2041 -1409 <br />Lot 549 Vernon Heights Add. <br />18- 2096 -3601 <br />Lot 525 Vernon Heights Add. <br />18- 2095 -3579 <br />Lot 520 Vernon Heights Add. <br />18- 2095 -3562 <br />Lot 78 Park Place Second Plat 18 -5086 -3063 <br />Lot 23 No. Sunnyside 2nd Add. <br />18 -5086 -3076 <br />(* Two lots will be combined into one build able lot) <br />be designated as Residentially Distressed Areas under the <br />provisions of Indiana Code 6 -1.1 -12.1 et sea., and South Bend <br />Municipal Code Sections 2 -76 et sea., and; <br />WHEREAS, the Department of Community and Economic Development has <br />concluded an investigation and prepared a report with information <br />sufficient for the Common Council to determine that the areas <br />qualify as Residentially Distressed Areas under Indiana Code 6- <br />1.1 -12.1, et sea., and South Bend Municipal Code Sections 2 -76, <br />et sea., and has further prepared maps and plats showing the <br />boundaries and such other information regarding the areas in <br />question as required by law; and <br />WHEREAS, the Community and Economic Development Committee of the <br />Common Council has reviewed said report and recommended to the <br />Common Council that the areas qualify as Residentially Distressed <br />Areas. <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 />sea., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds that <br />the areas herein are found to meet state law requirements more <br />particularly set forth in Indiana Code 6 -1.1- 12.1 -2 and the <br />Common Council hereby makes the following additional findings for <br />the areas listed herein: <br />A. A significant number of dwelling units within the areas <br />are not permanently occupied or a significant number of parcels <br />in the areas are vacant land; <br />OR <br />B. A significant of dwelling units in the areas are: <br />I. the subject of an order issued under IC 36 -7 -9; or <br />ii. evidencing significant building deficiencies; <br />OR <br />C. The areas have experienced a net loss in the number of <br />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 />OR <br />D. The areas (plus any areas previously designated) do not <br />exceed ten percent (10 %) of the total area within the designating <br />body's jurisdiction. <br />SECTION III. The Common Council also hereby determines and finds <br />the following: <br />A. The deduction will not be allowed unless the dwelling is <br />