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18-50 Modifying and reconfirming resolution for Tower at Washington (Parking Garage)
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18-50 Modifying and reconfirming resolution for Tower at Washington (Parking Garage)
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9/6/2018 11:38:48 AM
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9/6/2018 11:38:27 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/10/2018
Bill Number
18-50
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BRADLEY <br /> C O M P A N Y <br /> August 2,2018 <br /> 112 W.Jefferson Blvd„Suite 300 I South Bend,IN 46601 1574,237.6000 <br /> Daniel Buckenmeyer <br /> Director of Economic Resources and Business Development <br /> Department of Community Investment <br /> City of South Bend <br /> 227 W.Jefferson Blvd.,Suite 1400S i <br /> South Bend,IN 46601 f <br /> Re: Tower at Washington Square ! r <br /> Resolution Number 4501-15/4536-16 HOTEL:4502-15 PARKING GARAGE;4503-15 RETAIL; <br /> 4506-15 APARTMENTS i <br /> i <br /> Dear Mr. Buckenmeyer, I <br /> We are writing to ask foryour support and favorable recommendation to extend the 3-year expiration g <br /> of the Declaratory Resolutions 4501-15/4536-16;4502-15;4503-15 and 4506-15 for the Tower at <br /> Washington Square from October 20,2018 to October 20,2020. We are requesting an extension on <br /> Resolution 4503-15 and 4506-15 due to the size and-nature of the project taking longer than <br /> a <br /> anticipated. <br /> (Resolution 4502-15 sections of the <br /> The Hotel(Resolution 4501-15/4536-16)and Parking Garage{R ut ) <br /> project are complete and opened on September 27,2017. Notice of Assessments were sent on July 171) <br /> 2018 for all parcels,However,they are not fully re-assessed yet which is the reason for the extension <br /> request for these 2 Resolutions. <br /> All CF-1's have been filed in a timely manner since the inception of the Declaratory Resolution. <br /> The actual private investment so far is$38,5MM with another$15MM to finish the Apartments and the <br /> Retall space. There have been 45 of 62 jobs created so far. <br /> Thank you in advance for your support in this matter. <br /> Should you need additional information,please contact me at(574)968-9266. <br /> Filed in Clerk's Office <br /> 3 <br /> Sincerely, c a <br /> EE 5 12013 <br /> a 1 <br /> KAREEMRH FQW ER ! i <br /> J .die Ruiz CITY CLERK,SOUTH REND IN s 3 <br /> Certified Tax Representative for The Tower at Washington Square,LLC. <br /> 6 <br /> i <br /> 3 <br /> I <br /> g <br />
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