07-27-15 Common Council Meeting Minutes

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REGULAR MEETING JULY 27, 2015 by census information, local building and demolition permits, or certificates of occupancy, or the areas are owned by Indiana or the United States; or, G. The area (plus any areas previously designated under this subsection) will not exceed ten percent (10 %) of the total area within the Council's jurisdiction. SECTION III. The Common Council also hereby determines and finds the following: A. That the description of the proposed redevelopment meets the applicable standards under Indiana Code 6 -1.1- 12.1 -3 SECTION V. The Common Council y acce report ecommendation of the Community Investment Committee t th rea he ed be designated as a Residentially Distressed Area and hereby adopts olution d ating ea as a Residentially Distressed Area for purposes of real prop abatement. SECTION V ation esidentially ed Area shall be limited to two (2) calendar y the a n of this Resolution by the Common Council. SECT 11. The Commo cil he etermines that the property owner is qualified for and is gr a real property educti r a period of five (5) years as shown by the attachment n t to Indiana C -1.1- 12.1 -17. SECTION VIII. mmon it directs the City Clerk to cause notice of the adoption of this Declaratory Res for roperty Tax Abatement to be published pursuant to Indiana Code 5 -3 -1 and Indian 1.1- 12.1 -2.5, said publication providing notice of the public hearing before the Commo ncil 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 property designated as a residentially distressed area. 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. Member of the Common Council 19