18-31 Confirming Residential Real Property tax Abatement: Historic Lincoln Way West Homes, L.P.

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Filed €6 E Clerk's�`,�5�ice 20 PAY 20 S _ _ r � TATEMENT OF BENEFITS �� M� �M REAL ESTATE IMPROVEMENTS FORM SBA/Real Prop erty State Form 51767(13211-07) JUL Prescribed by the Department of Local Government Fiinance ve. s This statement is being completed for real property that qualifies und�r the f �{tq ah?a-G_od cheer one be ): CIXRedevelopment or rehabilitation of real estate improvements(IC 1-1.1-12 �3� ' 'v'�I t`t} CEP ❑ Eligible vacant building(IC 6-1.1-12.1-4.8) I �i 1`�1'CITEp#1K,SEl(JT Nr BEI•lp,I_a_J INSTRUCTIONS: 1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submitted to the designating body BEFORE the redevelopment or rehabilitation of real property for which the person wishes to claim a deduction. "Projects"planned or committed to after July 1,1987,and areas designated after July 1, 1987,require a STATEMENT OF BENEFITS. (iC 6-1.1-12.1) 2. Approval of the designating body(City Council,Town Board, County Council,etc.)must be obtained prior to initiation of the redevelopment or rehabilitation, BEFORE a deduction maybe approved. 3. To obtain a deduction,application Form 322 ERA/RE or Form 322 ERA/VBD,Whichever is applicable,must be filed with the County Auditor by the later of.,(1)May 10,or(2)thirty(30)days after the notice of addition to assessed valuation or new assessment is mailed to the property owner at the address shown on the records of the township assessor. 4. Property owners whose Statement of Benefits was approved after June 30,1991,must attach a Form CF-1 1Real Property annually to the application to show compliance with the Statement of Benefits. (IC 6-1.1-12.1-5.1(b)and iC 6-1.1-12.1-5.36)] 5. The schedules established under IC 6-1.1-12.14(d)for rehabilitated property and under IC 6-1.1-12.1-4.8(1)for vacant buildings apply to any statement of benefits approved on or after July 1,2000. The schedules effective prior to July 1,2000,shall continue to apply to a statement of benefits filed before July 1,2000. _ • o • Name of taxpayer Historic Lincoln Way West Homes,L.P. _ _- Address of taxpayer(numberand street,city,state,and 21P code) 303 Lincoln Way West,South Bend,IN 46616 Name of contact person Telephone number E-mail address Name of designating body Resolution number South Bend Common Council Location of property County DLGF faxing district number see attached list. St.Joseph Description of real property Improvements,redevelopment,or rehabilitation(use additional sheets if necessary) Estimated start date(month,day,year) 5/1/2019 Single family homes with basements and garages Estimated completion date(month,day,year) 5/1/2020 Current number Salaries EMPLOYEES Number retained !,Salaries Numberaddltional Salaries NOTE:Pursuant to IC 6-1.1-12.1-5.1(d)(2)the COST of the property REAL ESTATE IMPROVEMENTS is confidential. COST ASSESSED VALUE Current values -0- $14,000 Plus estimated values of proposed project 3,618,418 $910,000 Less values of any property being replaced -0- -0 Net estimated values upon completion of project I Estimated solid waste converted(pounds) FEtmted hazardous waste converted(pounds) Other benefits improving the residential fabric of the neighborhood. SECTION 6 TAXPAYER CERTIFICATION I hereby c7edrepres rese t t ons in this statement are true. Signature a e r' Title Dates' ned man ,day,year) 'TY [ J P age 1 of 2 C