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APPLICATION FOR DEDUCTION FROM ASSESSED VALUATION 2018 PAY 20 18
<br /> OF STRUCTURES IN ECONOMIC REVITALIZATION AREAS (ERA)
<br /> ° State Form 18379(R14/6-16) FORM 3221 RE
<br /> Prescribed by the Department of Local Government Finance
<br /> INSTRUCTIONS:
<br /> 1. This form is to be filed in person or by mail with the County Auditor of the county in which the property is located.
<br /> 2, To obtain this deduction, a Form 322 IRE must be filed with the County Auditor before May 10 in the year in which the addition to assessed valuation(or
<br /> new assessment)is made,or not later than thirty(30)days after the assessment notice is mailed to the property owner if it was mailed after April 10.If the
<br /> property owner misses the May 10 deadline in the initial year of assessment,he can apply between January 1 and May 10 of a subsequent year for the
<br /> remainder of the abatement term. (See also IC 6-1.1-12.1-11.3 concerning the failure to file a timely application.)
<br /> 3. A copy of the Form 11,the approved Form SB-11 Real Property,the resolution adopted by the designating body,and the Form CF-1/Real Property must
<br /> be attached to this application.
<br /> 4. The Form CF-1/Real Property must be updated annually and provided to the County Auditor and the designating body for each assessment year in which
<br /> the deduction is applicable.
<br /> 5. Please see IC 6-1.1-12.1 for further instructions.
<br /> 6. Taxpayer completes Sections 1, Ii and 111 below.
<br /> 7. If property located in an economic revitalization area is also located in an allocation area as defined in IC 36-7-1439 or IC 36-7-15.1-26,an application for
<br /> the property tax deduction may not be approved unless the Commission that designated the allocation area adopts a resolution approving the application
<br /> (iC 6-1.1-12.1-2(k)).
<br /> 8. Except for deductions related to redevelopment or rehabilitation of real property in a county containing a consolidated city,a deduction for the
<br /> redevelopment or rehabilitation of real property may not be approved for the following facilities(IC 6-1.1-12.1-3):
<br /> a. Private or commercial golf course j. Any facility,the primary purpose of which is(a)retail food and beverage
<br /> b. Country club service;(b)automobile sales or service;or(c)other retail,(unless the
<br /> c. Massage parlor facility is located in an economic development-target area established
<br /> under IC 6-1.1-12.1-7).
<br /> d. Tennis club k. Residential,unless the facility is a multi-family facility that contains at
<br /> e. Skating facility,including roller skating,skateboarding or ice skating least 20%of the units available for use by low and moderate income
<br /> f. Racquet sport facility(including handball or racquet ball court) individuals,or unless the facility is located in an economic development
<br /> g. Hot tub facility target area established under IC 6-1.1-12.1-7,or the area is designated
<br /> h. Suntan facility as a residentially distressed area which is required to meet conditions as
<br /> cited in IC 6-1.1-12.1-2(c)(1&2).
<br /> i. Racetrack I. Package liquor store(see IC 6-1.1-12.1-3(e)(12))
<br /> SECTION I-DESCRIPTION OF PROPERTY
<br /> The owner hereby applies to the County Auditor for a deduction pursuant to IC 6-1.1-12.1-5 beginning with the assessment date January 1,20 17
<br /> County Township DLGF taxing district number Key number
<br /> St. Joseph Portage
<br /> Name of owner Legal description from Form 11
<br /> The LaSalle Apartments, LLC Lot 1 O P South Bend; Lot 2 & N 33.45'; Lot 3 O P
<br /> Property address(number and street,city,state,and ZIP code) Date of Form 11(month,day,year)
<br /> 237 Michigan, South Bend, IN 46601 05/01/2017
<br /> Type of structure Use of structure
<br /> Residential and Commercial Historic Building Rental
<br /> Governing body that approved ERA designation Date ERA designation approved(month,day,year) Resolution number
<br /> Common Council of the City of South Bend, Indiana 03/14/2016 4535-16
<br /> SECTION 11-VERIFICATION OF OWNER OR REPRESENTATIVE
<br /> Signature of owner or representative(I hereby certify that the representations on this application are true.) Date signed(month.day.year)
<br /> February 12, 2018
<br /> Printed name of owner or representative Address(number and street,city,state,and ZIP code)
<br /> Ronda Shrewsbury Weybright 10501 Hague Road, Fishers, Indiana 46038
<br /> SECTION 111-STRUCTURES AUDITOR'S
<br /> A.Rehabilitation structure 1.Assessed valuation AFTER rehabilitation S 6,700,000.00
<br /> 2.Assessed valuation BEFORE rehabilitation $ 862,600.00
<br /> 3.Difference in assessed valuation(Line 1 minus Line 2) $ 5,837,400.00
<br /> 4.Assessed valuation eligible for deduction $ 5,837,400.00
<br /> (for the increase in AN from the rehabilitation,not including
<br /> the increase in AN from the reassessment of the entire
<br /> structure)
<br /> B.New structure 1.Assessed valuation $
<br /> 2.Assessed valuation eligible for deduction Is
<br /> SECTION IV-VERIFICATION OF ASSESSING OFFICIAL
<br /> I verify that the above described structure was assessed and the owner was notified on with the
<br /> effective date of the assessment being January 1,20 ,and that the assessed valuations in Section III are correct.
<br /> Signature of assessing official Printed name of assessing official Date(month,day,year)
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