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South Bend Redevelopment Commission <br />Regular Meeting —July 12, 2011 <br />6. NEW BUSINESS (CONT.) <br />B. Receipt of Bids <br />(2) continued... <br />are no bids, the city is in a 30 -day waiting <br />period before the Commission can entertain <br />any offers for the property that don't meet <br />the bid specifications. <br />C. Tax Abatements <br />(1) Resolution No. 2922 approving an <br />application for real property tax deduction <br />for property located at 1122 Notre Dame <br />Avenue in the Northeast Neighborhood <br />Development Area. (John and Jennifer <br />Sejdinaj). <br />Ms. Hahn reported that Dale DeVon intends <br />to construct an approximate 3,000 square <br />foot, single - family home at 1122 Notre Dame <br />Avenue for John and Jennifer Sejdinaj. The <br />home will have four bedrooms, 3 '/Z <br />bathrooms, a partially finished basement, <br />two -car garage, and a screened in porch. <br />The project is part of the Notre Dame <br />Avenue Housing Program and, as such, will <br />follow the design specifications and <br />standards required by that program. The cost <br />of the home will be approximately $600,000. <br />Total taxes to be abated during the five -year <br />abatement period are estimated at $1,893.34. <br />Total taxes to be paid during the five -year <br />abatement period are estimated at <br />$31,837.55. <br />John and Jennifer Sejdinaj have not been <br />granted any previous tax abatements. The <br />property is properly zoned for the proposed <br />project. The property is located in the <br />E <br />