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12-09-13 Common Council Meeting Minutes
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12-09-13 Common Council Meeting Minutes
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REGULAR MEETING DECEMBER 9, 2013 <br /> <br /> <br /> <br />occupied or a significant number of parcels in the area are vacant land; or <br />E. A significant number of dwelling units within the area are: <br /> <br /> i. the subject of an order issued under IC 36-7-9; or <br /> ii. evidencing significant building deficiencies; or <br />F. The area has experienced a net loss in the number of dwelling units, as documented <br />by census information, local building and demolition permits, or certificates of <br />occupancy, or the areas are owned by Indiana or the United States; or <br />G. The area (plus any areas previously designated under this subsection) will not <br />exceed ten percent (10%) of the total area within the Council’s jurisdiction. <br /> <br />SECTION III. The Common Council also hereby determines and finds the following: <br /> <br />A. That the description of the proposed redevelopment meets the applicable standards <br />for such development. <br />B. That the estimate of the value of the redevelopment is reasonable for projects of this <br />nature; <br />C. That the other benefits about which information was requested are benefits that can <br />be reasonably expected to result from the proposed described redevelopment; and <br />D. That the totality of benefits is sufficient to justify the requested deduction, all of <br />which satisfy the requirements of Indiana Code 6-1.1-12.1-3. <br />E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local <br />code standards for habitability. <br />F. The deduction will not be allowed unless the dwelling rehabilitation is completed <br />within five (5) calendar years from the date of the adoption of this Resolution by the <br />Common Council. <br /> <br />SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating <br />the area described herein as a Residentially Distressed Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to five (5) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council as shown by <br />the attachment pursuant to Indiana Code 6-1.1-12.1-17. <br /> <br />SECTION V. The Common Council hereby determines that the property owner is qualified for <br />and is granted Real property tax deduction for a period of five (5) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South <br />Bend and Indiana Code 6-1.1-12.1 et seq. <br /> <br />SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br /> <br /> <br /> s/Derek D. Dieter <br /> Member of the Common Council <br /> <br />Franciso DeAsis Martinez Jerez, 80541 Ashford Lane, Granger, Indiana, made the presentation <br />for this bill. <br /> <br />Mr. DeAsis Martinez Jerez advised that they plan to construct an approximate 3,800 square foot, <br />single-family home with four bedrooms, an office, a family and dining room, and a two-car <br />garage. The cost of the home is expected to be $550,000. Total taxes abated during the five (5) <br />year abatement period are estimated to be $1,893. Total taxes to be paid during the five (5) year <br />abatement period are estimated to be $34,827. He asked the Council for their favorable <br />consideration. <br /> <br />A Public Hearing was held on the Resolution at this time. <br /> <br />There being no one present wishing to speak to the Council either in favor of or in opposition to <br />this Resolution, Councilmember Oliver Davis made a motion to adopt this Resolution. <br />Councilmember Scott seconded the motion which carried and the Resolution was adopted by a <br />roll call vote of eight (8) ayes. <br />20 <br /> <br /> <br />
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