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18-29 Designating Residential Real Property tax Abatement: Historic Lincoln Way West Homes, L.P.
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18-29 Designating Residential Real Property tax Abatement: Historic Lincoln Way West Homes, L.P.
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7/3/2018 11:38:39 AM
Creation date
7/3/2018 11:38:27 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
7/9/2018
Bill Number
18-29
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SpvTx e� Filed P�CTS MICE <br /> W <br /> e cep,: a <br /> x� <br /> x 1865 x N FOWLER <br /> OUTH BEND,IN <br /> (CITY OF SOUTHBEND <br /> COMMUNITY INVESTMENT <br /> JAMES MUELLER, EXECUTIVE DIRECTOR <br /> July 2,2018 <br /> Council Member Gavin Ferlic,Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor,County City Building <br /> South Bend,IN 46601 <br /> RE: Residential Real Property Tax Abatement Petition for: Historic Lincoln Way West Homes,L.P. <br /> Dear Council Member Ferlic: <br /> Please find the attached information pertaining to a residential real property tax abatement petition <br /> submitted by Lincoln Way West Homes, L.P. to build 14 single-family homes as part of a housing <br /> cooperative in the area north of Lincoln Way West and west of Sherman Street. This petition package <br /> includes: <br /> ➢ Department of Community Investment's summary report <br /> ➢ Petition <br /> ➢ Statement of Benefits form <br /> ➢ Supporting information. <br /> The report contains the Department's findings relative to the above petition. The petitioner proposes to <br /> build 14 single-family homes with an approximate assessed value of$910,000. The project meets the <br /> qualifications for a (5) five-year residential property tax abatement and a representative from Historic <br /> Lincoln Way West Homes,L.P.will be available to meet with the Committee on Monday,July 9,2018. <br /> Should you or any of the other Council members have any questions concerning the report, or need <br /> additional information,please feel free to call me at 235-5823. <br /> Sincerely, <br /> Daniel uckenmeyer <br /> Director Business Development <br /> DANIELJ.BUCKENIMEYER ALKEYNA ALDRIDGE PA.4IELA MEYER Tim CORCORAN <br /> BUSINESS DEvr.LOPb1ENT ENGAGEMENT&ECONOMIC EMPOWERMENT NEIGHBORHOOD DEvELOPMENT PLA,,mNG&COmmuNm RESOURCES <br /> EXCELLENCE I ACCOUNTABILITY INNOVATION I INCLUSION EMPOWERMENT <br /> 14005 County-City Building 1 227 W.Jefferson Blvd.j South Bend,Indiana 466011 p 574.235.93711 www.southbendin.gov <br />
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