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Confirming Tax Abatement - Vacant land immediately behind 2630 Prairie Ave (Prairie Apartments - Phase II) - Prairie Apartments Housing Partners II, LP
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Confirming Tax Abatement - Vacant land immediately behind 2630 Prairie Ave (Prairie Apartments - Phase II) - Prairie Apartments Housing Partners II, LP
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11/17/2009 2:23:33 PM
Creation date
11/17/2009 2:23:32 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
11/9/2009
Ord-Res Number
4000-09
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27. The current use of the Property is <br />vacant and the current zoning is MF-2 <br />(This information may be obtained from the Building Department 235-9554). <br />28. Has your business been granted previous tax abatement(s)? If yes, please <br />provide type (real and/or personal property) and date of approval. <br />Yes. A related entity Prairie Apartments Housing Partners, L.P. (phase I) was granted <br />a tax abatement on 2/21/07. Both parcels are owned and controlled by William <br />J. Hollingsworth <br />29. Other anticipated public financing for the project including, if any, industrial <br />revenue-bonding to be sought or already authorized, assistance through the United <br />States Department of Housing and Urban Development funds from the City of <br />South Bend, Small Business Association Sections 503 and 504 financing through <br />the Business Development Corporation of South Bend, Mishawaka, and St. Joseph <br />County, Indiana, Industrial Revolving Fund, Neighborhood Business Development <br />Corporation, Corporation for Entrepreneurial Development; or other public financial <br />assistance, including but not limited to public works improvements. <br />Federal Low Income Housina Tax Credits in the estimated amount of <br />13 <br />(Rev 12/29/06) <br />
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