Confirming Tax Abatement - Lindenwood, South, Hill, Kalorama, Jefferson, Liston, St. Louis, Howard St. - Garden Homes

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10. What is your best estimate of the after completion market value of the property: $105,000 to $125,000 11. No building permit has been issued for construction on the property in connection with the improvement in question as of the date of filing of this petition. The building permit may be issued after the South Bend Common Council has approved the Declaratory Resolution. The signature below is verification of this statement. 12. List other anticipated public financing for the project, including any assistance to be sought or already authorized through the United States Department of Housing and Urban Development funds from the City of South Bend, South Bend Housing Authority, Housing Assistance Office, St. Joseph County Housing Consortium or other public financial assistance, including but not limited to public works improvements: St. Joseph County Housing Consortium South Bend Heritage Foundation 13. Describe how the property has become undesirable for or impossible of normal development because of a lack of development, cessation of growth, deterioration of improvements or other factors that have impaired values and prevent a normal development of the property: DESCRIBE HERE WHAT IS APPLIBI,E TD YOUR NIEGHBORHOOD EXAMPLE: South Bend Heritgage Foundation, Inc. has been working in the near west side neighborhood and this is a continuation of what they started on west Washington Avenue. The lots on Hill Street are being redeveloped in conjunction with Madison Center, with Madison giving the lots to employees. The employees then become tax paying homeowners. The lots in Laurel Woods were purchased from Habitat for Humanity and are lots that will have homes built on them and be put on the tax roles, as will all of the seventeen lots listed. 14. The current use of the property is VACANT and the currant zoning is "A" (use) and "A" (height and area) . 15. The property is located in the following Allocation Area (if any) declared and confirmed by the South Bend Redevelopment Commission (requiring approval of the tax abatement by the Redevelopment Commission) N/A 4