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08-09-10 Council Agenda & Packet
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08-09-10 Council Agenda & Packet
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City Council - City Clerk
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TO: SOUTH BEND COMMON COUNCIL <br />FROM: BOB MATHIA <br />SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR: <br />PATRICK PERRELLA <br />DATE: July 15, 2010 <br />On July 14, 2010, a petition for residential tax abatement consideration for real property located at 902 N. <br />St. Peter Street was filed with the City Clerk by Patrick Perrella. Pursuant to Chapter 2, Article 6, Section <br />2 -77.1 of the Municipal Code of the City of South Bend, this petition was referred to the Department of <br />Community and Economic Development for purposes of investigation and preparation of a report <br />determining whether the area qualifies as a Residentially Distressed Area pursuant to I.C.6 -1.1 -12.1 and <br />whether all zoning requirements have been met. <br />The Department of Community and Economic Development has reviewed the petition (a copy of which is <br />attached), investigated the area, and makes the following report. <br />PROJECT DESCRIPTION <br />Patrick Perrella intends to construct an approximate 3,350 square foot, two story single - family home as his <br />primary residence. The home will have four bedrooms, four baths, two half baths, a front porch, a finished <br />basement and a two -car garage. The project is part of the Notre Dame Avenue Housing Program and as <br />such will follow the design specifications and standards required by that program. The cost of the home will <br />be approximately $630,000. Total taxes to be abated during the (5) five -year abatement period are <br />estimated at $ . Total taxes to be paid during the (5) five -year abatement period are estimated at $ . <br />
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