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1200 ~'.pUNTY-CITY BUILDING <br />227 W. ]EFFEFSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />PHONE 574/ 235-937] <br />FAx 574/235-902] <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY ~ ECONOMIC .DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />October 12, 2009 <br />Council Member Timothy Rouse, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Commercial Real Property Tax Abatement Petition for: <br />EQUAL DEVELOPMENT, LLC/PRAIRIE APARTMENTS HOUSING PARTNERS II, LP <br />Dear Council Member Rouse: <br />Please find attached the Department of Community & Economic Development's report on a commercial <br />real property tax abatement petition from the above-referenced petitioners for the construction of Phase <br />II of Prairie Apartments, amulti-family residential facility. Phase II is located behind 2630 Prairie <br />Avenue (Phase One's address). Also attached is a copy of the petition, Statement of Benefits form, and <br />supporting information. <br />The report contains the department's findings relative to the above petition. The petitioners propose to <br />construct a total of 96 one, two, three, and four bedroom units. The petitioners are seeking a (10) ten- <br />year real property tax abatement. The current owner of the property, Equal Development, LLC, intends <br />to convey it to Prairie Apartments Housing Partners II, LP. A representative of the petitioners .will be <br />available to meet with the Committee on Monday, October 26, 2009. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235-5835. <br />Sincerely, <br />Bob Mathia <br />Assistant Director, <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeffrey Gibney <br />Don Inks <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL R' PROGRAM <br />PAMELA C. MEYER DONALD E. INKS 1V1I\1VAGEb1ENT <br />5741235-9660 574/235-9371 ELIZABETH LEONARD <br />FAX: 5741235-9697 574/235-9371 <br />