12/10/07 Common Council Agenda and Packet

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CITY OF SOUTH BEND, INDIANA PETTITION FOR RESIDENTIAL REAL PROPERTY TAX ABATEMENT The undersigned owner of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for Residential Real Property Tax Abatement consideration and pursuant to Indiana Code.,6 -1,1- 12.1 -1, et se q., and South Bend Municipal Code Sec 2'- 76 et.seq., for this petition states the following: 1. Describe the proposed construction project, including information about square footage, number of rooms, amenities, the amount of land to be used, and the proposed use of the improvements, and a general statement as to the importance of the project: Garden Homes intends to construct new three bedroom, five room homes of 1768 sq /ft, on a full 81insulated basement. Homes will have -a 22' x 23, attached garage, vinyl siding, stove, dishwasher, and vent hood and garbage disposal. The homes will be built on a 58' x 115, lot. The cost of the homes will be in the low one hundred thousand dollar range. The importance of this pibject to the city and the "residence of the city is that we will be building affordable homes on infill lots in the City of South Bend. 2. Estimate the dollar value of the redevelopment project: $125,452 3. The real property for which tax abatement consideration is petitioned is owned or to be owned by the following individuals or corporations: Edward A. Myers Jr. 1861 North Meade-Street South Bend, IN 46628 4. The commonly known address of the Property is: Street Address Key Number 3927 Riverside Drive 25- 1011 -0455 5. A legal description of said Properties: Street Address: Legal Description: Key Number 3927 Riverside Drive Lot 283 Riverside Manor 25- 1011 -0455 6. A map and /or plat describing the property is attached hereto, marked Exhibit "A ", and incorporated herein. 1