06-23-14 Common Council Meeting Minutes

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REGULAR MEETING JUNE 23,201 Member of the Common Council Presentation, Anne — 2647 W Washington, South Bend— this is a tax abatement for construction for 24 new homes in the Lincoln Park neighborhood. Councilmember these will all be new homes and asked about the address on the homes? Petitioner responded that they will, she explained the vacant lots have odd addresses, she has them listed by tax id numbers. There being no one present wishing to speak to the Council either in favor of or in opposition to this bill, Councilmember Henry Davis made a motion to adopt resolution 14 -61. Councilmember Schey seconded the motion which carried and the resolution was adopted by a roll call vote of nine (9) ayes. BILL NO. 14 -62 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 1904 NORTH KENMORE STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TWO -YEAR (2) REAL PROPERTY TAX ABATEMENT FOR J. J. WHITE INCORPORATED WHEREAS, the Common Council of the City of South Bend, Indiana has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 1904 North Kenmore Street South Bend, Indiana and which is more particularly described as follows: 300'N & S X 360'E & W Beg Appx 69'N of SW Cor Se and which has Key Number 71- 03 -33- 200 - 016- 000 -009, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1 -12.1- 2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrance's and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE BE, IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION IL The Common Council hereby determines that the annual amount for which similar buildings in the county were leased or rented or offered for lease or rent during the period the eligible vacant building was unoccupied is approximately in the amount of $79,798.64. 12