10-26-09 Common Council Meeting Agenda & Packet

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,MF f*~f~ STATEMENT OF BENEFITS -:~- ~ REAL ESTATE IMPROVEMENTS ~` State Fonn 51767 (R2 / 1-07) ~' ,a ; ~`' Prescribed by the Department of Local Government Finance This statement is being completed for real property that qualifies under the following Indiana Code (check one box): ^/ Redevelopment or rehabilitation of real estate improvements (IC 6-1.1-12.1-4) ^ Eligible vacant building (IC 6-1.1-12.1-4.8) 20_ PAY 20_ FORM SB-1 1 Real Property INSTRUCTIONS: 1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submitted to the designating body BEFORE the redevelopment or rehabilitation of real property for which the person wishes to claim a deduction. "Projects" planned or committed to after July 1, 1987, and areas designated after Jufy 1, 1987, require a STATEMENT OF BENEFITS. (IC 6-1.1-12.1) 2. Approval of the designating body (City Council, Town Board, County Council, etc.) must be obtained prior to initiation of the redevelopment or rehabilitation, BEFORE a deduction maybe approved. 3. To obtain a deduction, application Form 322 ERA/RE or Form 322 ERANBD, Whichever is applicable, must be filed with the CountyAuditor bythe later of.• (1) May 10; or (2) thirty (30) days after the notice of addition fo assessed valuation or new assessment is mailed to the property owner at the address shown on the records of the township assessor. 4. Property owners whose Statement of Benefits was approved after June 30, 1991, must attach a Form CF-1/Real Property annually to the application to show compliance with the Statement ofl3enefits. (IC 6-1.1-12.1-5.1(b) and IC 6-1.1-12.1-5.3(l)j 5. The schedules established under IC 6-1.1-12.1-4(d) for rehabilitated property and under IC 6-1.1-12.1-4.8(1) for vacant buildings apply to any statement of benefits approved on or after July 1, 2000. The schedules effective prior to Jufy 1, 2000, shalt continue to apply to a statement of benefits frled before hdv ~ ~nnn •- • Name of taxpayer Peter and Nancy Kilpatrick Address of taxpayer (number and street, city, state, and ZIP code) 1120 E Wayne St,. South Bend IN 46615 Name of contact person Telephone number E-mail address pAL6U RcJt•.r~cv~;rs1'tiHvn DaleDeVon (574)532-8020 Name of designating body Resolution number Common Council of South Bend Location of properly County DLGF taxing district number 1015 N Frances St South Bend 46617/ Lot B, Minr Sub St. Joseph Description of real property improvements, redevelopment, or rehabilitation (use additional sheets if necessary) Estimated start date (month, day, year) Construction of single family home on vacant lot. Estimated completion date (month, tlay, year) Current number Salaries Number retained Salaries Number additional Salaries NOTE: Pursuant to IC 6-1.1-12.1-5.1 (d) (2) the COST of the property REAL ESTATE IMPROVEMENTS is confidential. COST ASSESSED VALUE Current values Plus estimated values of proposed project Less values of any property being replaced Net estimated values upon completion of project ~ • ~ ~ • -• ~ Estimated solid waste converted (pounds) Estimated hazardous waste convert Other benefits ~~~~~ In f~((1~,' ~ ocT - ~ 2aog iG:P! VGORDE , CITY CL%RK, SG. 6EP:D, IN. • I hereby certify that the representations in this statement are true. u~ h~`'ze re resen five Si9`~ Title Date signed (month, day, year) , C G.' ~C~~ {rj (j _~ Page 1 of 2