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HomeMy WebLinkAboutConfirming Tax Abatement - Lindenwood, South, Hill, Kalorama, Jefferson, Liston, St. Louis, Howard St. - Garden HomesRESOLUTION 3599-06 Passed by the Common Council of the City of South Bend, Indiana June 12, 06 20 Attest: Presented by me to the Mayor of the City of South Bend, Indiana June 13, 20 06 • ,. Approved and signed by me June 13, Clerk President of Common Council 20 ~ 6 City Clerk RESOLUTION NO. 3 S ~~(' ~~ A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 820, 626 & 618 LINDENWOOD DR. SOUTH; 707, 721, 733, 735, 807, 809 & 813 N. HILL ST.; 514 KALORAMA ST.; 1020 & 1018 W. JEFFERSON; 1325, 1321, 1319 & 1317 LISTON ST.; 1012 ST. LOUIS ST. AND 701 & 705 HOWARD ST. AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR GARDEN HOMES WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain azeas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the azea commonly known as 820, 626 & 618 Lindenwood Dr. South; 707, 721, 733, 735, 807, 809 & 813 N. Hill St.; 514 Kalorama St.; 1020 & 1018 W. Jefferson; 1325, 1321, 1319 & 1317 Liston St.; 1012 St. Louis St. and 701 & 705 Howazd St., South Bend, Indiana, and which is more particularly described as follows: Street Address• 820 Linwood Drive S. 626 Linwood Drive S. 618 Linwood Drive S. 707 North Hill Street Legal Description: Lot 22 Laurel Woods (PUD) Lot 28 Laurel Woods (PUD) Lot 29 Laurel Woods (PUD) 28.5' S side lot 11 & 14' Vac alley W &adj Cedar Heights Add. Lot 9 Cedar Heights Addition S % Lot 7 Cedaz Heights Add. 33'x112.8' NE Corner lot 7 Cedar Hts. & 8' N &adj W 52.2 of N '/2 Lot 7 Cedar Hts S %2 Lot 5 Cedaz Hts Addition N '/Z Lot 5 Cedar Hts Addition S '/2 Lot 4 Cedar Hts Addition Lot 14 24.7' W side wall & Key Number 24-1007-0596 24-1007-0602 24-1007-0603 18-5038-1370 18-5038-1366 18-5038-1364 18-5038-1363 18-5038-136301 18-5038-1360 18-5038-1359 18-5038-1358 18-3068-2643 721 North Hill Street 733 North Hill Street 735 North Hill Street 514 Kalorama Street 807 North Hill Street 809 North Hill Street 813 North Hill Street 1020 W. Jefferson Street Hines Sub. of BOL 90 1018 W. Jefferson Street Lot 14 32' E side wall & 18-3068-2644 Hines Sub. of BOL 90 1325 Liston Street S 55' lot 23 Studebaker & 18-1045-1931 Hines BOL 80 1321 Liston Street Lot 22 Studebaker & Hines 18-1045-1932 BOL 80 1319 Liston Street W'/2 Lot 21 Studebaker & 18-1045-1933 Hines BOL 80 1317 Liston Street E'/2 Lot 21 and W %z Vac alley 18-1045-193301 E & adj Studebaker & Hines BOL 80 1012 Saint Louis Street W'/2 Lot 81 & 1' S side lot 80 18-5104-3613 Sorins Second Addition 701 Howard Street 40' W end Lot 82 Sorins 18-5104-3614 Second Addition 705 Howard Street 35' mid pt. Lot 82 Sorins 18-5104-3615 Second Addition be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et sea., and; WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for a residentially distressed area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds that the petition for real property tax abatement and the Statement of Benefits form meet the requirements of Indiana Code 6-1.1-12.1 et seq., for tax abatement. SECTION II. The Common Council hereby determines and finds that the area meets one of the following conditions as formally established in Ordinance no. 8845-97, which was passed on December 8, 1997: A. The area is comprised of parcels that are either unimproved or contain only one (1) or two (2) family dwellings designed for up to four (4) families, including accessory buildings for those dwellings; or B. Any dwellings in the area are not permanently occupied and are: i. the subject of an order issued under IC 36-7-9; or ii. evidencing significant building deficiencies; or C. Parcels of property in the area: 2 i. have been sold and not redeemed under IC 6-1.1-24 and IC 6-1.1-25; or ii. are owned by a unit of local government; or D. A significant number of dwelling units within the area are not permanently occupied or a significant number of parcels in the area are vacant land; or E. A significant number of dwelling units within the area are: i. the subject of an order issued under IC 36-7-9; or ii. evidencing significant building deficiencies; or F. The area has experienced a net loss in the number of dwelling units, as documented by census information, local building and demolition permits, or certificates of occupancy, or the areas are owned by Indiana or the United States; or G. The area (plus any areas previously designated under this subsection) will not exceed ten percent (10%) of the total area within the Council's jurisdiction. SECTION III. The Common Council also hereby determines and finds the following: A. That the description of the proposed redevelopment meets the applicable standards for such development. B. That the estimate of the value of the redevelopment is reasonable for projects of this nature; C. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment; and D. That the totality of benefits is sufficient to justify the requested deduction, all of which satisfy the requirements of Indiana Code 6-1.1-12.1-3. E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local code standards for habitability. F. The deduction will not be allowed unless the dwelling rehabilitation is completed within five (5) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such designation is for Real properly tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12.1 et sea. SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. PRESENTED ~ -12.-Ob ~40T l.PPRO~?d~j "~O~'TE~ fo ~ ~2 ' DSO Filed in Cierk'e Office ~---~ ember of t.~l~Y ~ r rile JOt{N VOORDE CfTY CLERK, S0. BEND, IN. 3 Council OWNERSHIP OF LOTS UP FOR TAX ABATEMENT Street Address: Legal Description: Rey Number Garden Homes Inc. 820 Lindenwood Drive South Lot 22 Laurel woods (Pud) 24-1007-0596 626 Lindenwood Drive South Lot 28 Laurel woods (Pud> 24-1007-0602 618 Lindenwood Drive South Lot 29 Laurel woods (Pud) 24-1007-0603 1020 West Jefferson Street LOT 14 24.7' W SIDE WALL & 18-3068-2643 NINES SUB OF BOL 90 1018 West Jefferson Street LOT 14 32' E SIDE WALL & 18-3068-2644 NINES SUB OF BOL 90 1325 Liston Street S 55' LOT 23 STUDEBAKER & 18-1045-1931 NINES BOL 80 1321 Liston Street LOT 22 STUDEBAKER & NINES 18-1045-1932 BOL 80 1319 Liston Street W '~ LOT 21 STUDEBAKER & 18-1045-1933 NINES BOL 80 1317 Liston Street E '~ LOT 21 AND W '~ VAC ALLEY 18-1045-193301 E & ADJ STUDEBAKER & NINES BOL 80 Madison Center Hospital Inc. 707 North Hill Street 2e.5' s SIDE LoT 11 & 14' 18-5038-1370 VAC ALLEY W & ADJ CEDAR HEIGHTS ADDITION 721 North Hill Street LOT 9 CEDAR HEIGHTS ADDITION 18-5038-1366 733 North Hill Street S '~ LOT 7 CEDAR HEIGHTS ADD 18-5038-1364 735 North Hill Street 33' X 112.8' NE coR LoT ~ 1$-5038-1363 CEDAR HTS & 8' N & ADJ 514 Kalorama Street W 52.2 OF N '~ LOT 7 CEDAR HTS 18-5038-136301 807 North Hill Street S ~ LOT 5 CEDAR HTS ADDITION 18-5038-1360 809 North Hill Street N '~ LOT 5 CEDAR HTS ADDITION 18-5038-1359 813 North Hill Street S '~ LOT 4 CEDAR HTS ADDITION 18-5038-1358 South Bend Heritage Foundation 1012 Saint Louis Street w ~ Lot 81 & 1' s SIDE LOT 80 18-5104-3613 SORINS SECOND ADDITION 701 Howard Street 40 FT W END LOT 82 SORINS 18-5104-3614 SECOND ADDITION Gity of South Bend 705 Howard Street 35 FT MID PT LOT 82 SORINS 18-5104-3615 SECOND ADDITION Filcd In Cierk'~ Office I,ti AY 2 2 2006 JOHN VOORDE CITY CLE~;K, S0. BEND, IN. 1200 ~.OUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOU'T'H BEND, INDIANA 46601-1830 PHONE 574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~L ECONOMIC DEVELOPMENT SHARON T. KENDALL EXECUTIVE DIRECTOR May 8, 2006 Council Member Roland Kelly, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend,1N 46601 RE: Residential Real Property Tax Abatement Petition for: Garden Homes/Madison Center/South Bend Heritage Foundation Dear Council Member Kelly: Please find attached the Department of Community & Economic Development's report on a residential real property tax abatement petition submitted by Garden Homes on behalf of Garden Homes, Madison Center and South Bend Heritage Foundation to build twenty single family houses at 820, 626 & 618 Lindenwood Dr. South; 707, 721, 733, 735, 807, 809 & 813 N. Hill St.; 514 Kalorama St.; 1020 & 1018 W. Jefferson; 1325, 1321, 1319 & 1317 Liston St.; 1012 St. Louis St. and 701 & 705 Howard St. Also attached is a copy of the petition, Statement of Benefits form and supporting information. The report contains the department's findings relative to the above petition. The petitioner proposes to build twenty single family houses at a cost of $105,000 - $125,000 each. The project meets the qualifications for five (5) year real property tax abatement. The petitioner will be available to meet with the Committee on Monday, May 22, 2006. Should you or any of the other Council members have any questions concerning the report or need additional information, please feel free to call me at 235-5826. Sincerely, Bob Mathia Assistant Director, Economic Development Attachments cc: South Bend Common Council Members Mayor Stephen Luecke Sharon Kendall Don Inks COMMUNITY DEVELOPMENT PAMELA C. MEYER 574/235-9660 FAX: 574/235-9697 ECONOMIC DEVELOPMENT DONALD E. INKS 574/235-9371 ClcClc'S Office ~ilcd to 111A~i ~ 2 2000 ~otlc~ vsoRaErm,+~ cin c~eax, FINANCIAL RC PROGRAM MANAGEMENT ELIZABETH LEONARD 574/235-9371 `~7 1200 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PxoNE574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT SHARON T. KENDALL EXECUTIVE DIRECTOR TAX ABATEMENT REPOR T TO: SOUTH BEND COMMON COUNCIL FROM: BOB MATHIA SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR: GARDEN HOMES/MADISON CENTER/SOUTH BEND HERITAGE FOUNDATION DATE: May 8, 2006 On May 3, 2006, a petition for residential tax abatement consideration for real properties located at 820, 626 & 618 Lindenwood Dr. South; 707, 721, 733, 735, 807, 809 & 813 N. Hill St.; 514 Kalorama St.; 1020 & 1018 W. Jefferson; 1325, 1321, 1319 & 1317 Liston St.; 1012 St. Louis St. and 701 & 705 Howard St. was filed with the City Clerk by Garden Homes on behalf of Garden Homes, Madison Center and South Bend Heritage Foundation. Pursuant to Chapter 2, Article 6, Section 2-77 of the Municipal Code ofthe City of South Bend, this petition was referred to the Department of Community and Economic Development for purposes of investigation and preparation of a report determining whether the area qualifies as a Residentially Distressed Area pursuant to I.C.6-1.1-12.1 and whether all zoning requirements have been met. The Department of Community and Economic Development has reviewed the petition (a copy of which is attached), investigated the area and makes the following report. PROJECT DESCRIPTION Garden Homes intends to construct new three bedroom, five room homes of 1,036 to 1,200 sq. ft. with a fu118 ft. insulated basement on each of the above listed properties. The homes will have a 12 X 21 ft. attached garage, vinyl siding, stove, dishwasher, vent hood and garbage disposal. Each home will be built on a minimum of a 40 ft. X 120 ft. lot that will be seeded upon completion of the home. The cost of the homes will be in the low one hundred thousand dollar range. The homes will be constructed on infill lots. The price of each house will be between $105,000 and $125,000. COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL RC PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235-9660 574/235-9371 ELIZABETH LEONARD FAX: 574/235-9697 574/235-9371 South Bend Common Council RE: Garden Homes May 8, 2006 Page 2 ABATEMENT QUALIFICATION 1. A review of the tax abatements previously granted, finds that the petitioner has been associated with or granted the following previous tax abatements. Term/Type Resolution No. Date 5 year real property 2278-95 August 28, 1995 5 year real property 2291-95 October 23, 1995 5 year real property 2374-96 June 24, 1996 5 year real property 2484-97 July 28, 1997 5 year real property 2608-98 May 1, 1998 5 year real property 2611-98 May 1, 1998 5 year real property 2645-98 July 21, 1998 5 year real property 2694-98 December 4, 1998 5 year real property 2746-99 June 14, 1999 5 year real property 2803-99 October 11, 1999 5 year real property 2966-01 February 14, 2001 5 year real property 3050-01 November 12, 2001 S year real property 3068-02 March 11, 2002 5 year real property 3128-02 October 14, 2002 5 year real property 3297-04 February 9, 2004 5 year real property 3424-OS February 28, 2005 5 year real property 3507-OS August 22, 2005 2. The building commissioner has reviewed this petition and finds the properties to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the properties are located in the Northeast Neighborhood Development Area and the West Washington-Chapin Development Area, which are Tax Increment Allocation Areas; therefore, approval of the tax abatement petition by the South Bend Redevelopment Commission is required 4. A review of the Tax Abatement Ordinance no. 8065-90, as amended by Ordinance No. 8 finds that the petitioner meets the qualifications for a five year ~~~t~ Section 2-77.1 (Single Family Real Property Abatement). ~j~~~ 1i1 ~~~'~ c,4 AY ~ 2 2006 JCHra Aso a~ s~, ~N. C17Y CLERi., 5 YEAR 10-May-06 GARDEN HOMES South Bend Clay Township Residential Real Property Tax Abatement Schedule' Estimated Project Cost: Assessed Value: STRUCTURE (assume 85% of project cost): LAND (assume $10,000): Gross Assessed Value: Less Mortgage Exemption: Less Standard Homeowners Deduction: Base Assessed Value: Base Assessed Value: Less Maximum Abatement Deduction: Less Non-Abated Amount: Plus Land Assessed Value: Net Assessed Value: $125,000.00 .Total Taxes Tax Abated** Tax Paid`*' 106, 250.00 106,250.00 106,250.00 - 10.000.00 N!A N/A 116,250.00 -106,250.00 106,250.00 (3,000.00) (3,000.00) (3,000.00) (35,000.00) (35,000.00) (35,000.00) 78,250.00 68,250.00 68,250.00 - 78,250.00 .68,250.00 68,250.00 N/A N/A ($74,600.00) N/A 6,350.00 N/A N/A N/A 10,000.00 78,250.00 74,600.00 3,650.00 Property Taxes: Assume constant tax rate of: Gross Tax (tax rate x net assessed value) Less SRTC (21.6296%): Less Homestead Credit (24.4143%): Net Tax: 4.88290% 4.88290% 4.88290% 3,820.87 3,642.64 178.23 (826.44) (787.89) (38.55) (731.07) (696.97) (34.10) 2.263.36 2.157.78 105.58 Net Assessed Total Year Value Taxes Due Tax Abated Tax Paid 1 78,250.00 2,263.36 2,157.78 105.58 2 78,250.00 2,263.36 2,157.78 105.58 3 78,250.00 2,263.36 2,157.78 105.58 4 78,250.00 2,263.36 2,157.78 105.58 5 78,250.00 2,263.36 2,157.78 105.58 5 year totals: 11,316.80 10,788.90 527.90 'This schedule is for estimation purposes only and assumes constant tax rates. The true tax values will ultimately be determined by the actual assessed valuation and the then current tax rates. *"Tax Abated is capped at $74,600 of assessed value of structures only and does not include land assessed value. "'Tax Paid is calculated using the difference between actual assessed value of structure and maximum abated portion of $74,600 and adding back the land assessed value. V ~~ r?9 `C <.o ti w V C~ O O ~,~ .; Fr V L ~~'' 5 YEAR 10-May-06 GARDEN HOMES South Bend Portage Township Residential Real Property Tax Abatement Schedule* Estimated Project Cost: Assessed Value: STRUCTURE (assume 85% of project cost): LAND (assume $10,000): Gross Assessed Value: Less Mortgage Exemption: Less Standard Homeowners Deduction: Base Assessed Value: Base Assessed Value: Less Maximum Abatement Deduction: Less Non-Abated Amount: Plus Land Assessed Value: Net Assessed Value: Proaerty Taxes: Assume constant tax rate of: Gross Tax (tax rate x net assessed value): Less SRTC (21.6113%): Less Homestead Credit (24.3982%): Net Tax: $125,000.00 Total Taxes Tax Abated** Tax Paid*** 106, 250.00 106, 250.00 106, 250.00 10.000.00 N/A N/A 116,250.00 106,250.00 106,250.00 (3,000.00) (3,000.00) (3,000.00) (35,000.00) (35,000.00) (35,000.00) 78,250.00 68,250.00 68,250.00 78,250.00 68,250.00 68,250.00 N/A N/A ($74,600.00) N/A 6,350.00 N/A N/A N/A 10,000.00 78,250.00 74,600.00 3,650.00 4.89060% 4.89060% 4.89060% 3,826.89 3,648.39 178.51 (827.04) (788.46) (38.58) (731.91) (697.77) (34.14) 2.267.94 2.162.16 105.79 Net Assessed Total Year Value Taxes Due Tax Abated Tax Paid 1 78,250.00 2,267.94 2,162.16 105.79 2 78,250.00 2,267.94 2,162.16 105.79 3 78,250.00 2,267.94 2,162.16 105.79 4 78,250.00 2,267.94 2,162.16 105.79 5 78,250.00 2,267.94 2,162.16 105.79 5 year totals: 11,339.70 10,810.80 528.95 *This schedule is for estimation purposes only and assumes constant tax rates. The true tax values will ultimately be determined by the actual ~ assessed valuation and the then current tax rates. E,~~~ **Tax Abated is capped at $74,600 of assessed value of structures only ~P: ,;.r and does not include land assessed value. t; ~~~'~ ***Tax Paid is calculated using the difference between actual assessed value , ~,~ `~~ of structure and maximum abated portion of $74,600 and adding ~ ,'° ~ back the land assessed value. ~~' ~ !~' ~ ~ ~ a :. ~~ A~~ ~v° ~J~~. A,, U~~ CITY OF .SOUTH BEND, INDIANA PETTITION FOR RESIDENTIAL REAL PROPERTY TAX ABATEMENT The undersigned owner of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for Residential Real Property Tax Abatement consideration and pursuant to Indiana Code.,6-1,1-12.1-1, et seq., and South Bend Municipal Code Sec 2- 76 et seq., for this petition states the following: 1. Describe the proposed construction project, including information about square footage, number of rooms, amenities, the amount of land to be used, and the proposed use of the improvements, and a general statement as to the importance of the project: Garden Homes intends to construct new three bedroom, five room homes of 1,036 to 1,200 sq/ft, on a full 8'insulated basement. Homes will have a 12' x 21' attached garage, vinyl siding, stove, dishwasher, and vent hood and garbage disposal. The homes will be built on a minimum of a 40' x 120' lot that will be seeded upon completion of the home . The cost of the homes will be in the low one hundred thousand dollar range. The importance of this project to the city and the residence of the city is that we will be building affordable homes on infill lots in the City of South Bend. 2. Estimate the dollar value of the redevelopment project: $1,900,000 to $2,300,000 3. The real property for which tax abatement consideration is petitioned is owned or to be owned by the following individuals or corporations: Madison Center Inc a 403 East Madison Street South Bend, IN 46617 Garden Homes Inc. 17874 State Road 23 South Bend, IN 46635 South Bend Heritage Foundation 805 Lincoln Way West South Bend, IN 46601 4. The commonly known address of the Property is: Street Address 820 Lindenwood Drive South 626 Lindenwood Drive South 618 Lindenwood Drive South 707 North Hill Street 721 North Hill Street 733 North Hill Street 735 North Hill Street 514 Kalorama Street 807 North Hill Street 809 North Hill Street 813 North Hill Street 1020 West Jefferson Street 1018 West Jefferson Street 1325 Liston Street 1321 Liston Street 1319 Liston Street 1317 Liston Street 1012 Saint Louis Street 701 Howard Street 705 Howard Street Key Number 24-1007-0596 24-1007-0602 24-1007-0603 18-5038-1370 18-5038-1366 18-5038-1364 18-5038-1363 18-5038-136301 18-5038-1360 18-5038-1359 18-5038-1358 18-3068-2643 18-3068-2644 18-1045-1931 18-1045-1932 18-1045-1933 18-1045-193301 18-5104-3613 18-5104-3614 18-5104-3615 5. A legal description of said Properties: Street Address: Legal Description: 820 Lindenwood Drive South Lot 22 Laurel woods (Pua> 626 Lindenwood Drive South Lot 28 Laurel Woods (Pud) 618 Lindenwood Drive South Lot 29 Laurel woods (Pud) 707 North Hill Street 28.5' S SIDE LOT 11 & 14' VAC ALLEY W & ADJ CEDAR HEIGHTS ADDITION 721 North Hill Street LOT 9 CEDAR HEIGHTS ADDITION 733 North Hill Street S '-2 LOT 7 CEDAR HEIGHTS ADD 735 North Hill Street 33' X 112.8' NE COR LOT 7 CEDAR HTS & 8' N & ADJ 514 Kalorama Street w 52.2 OF N '~ LOT 7 CEDAR HTS 807 North Hill Street S '-~ LOT 5 CEDAR HTS ADDITION 809 North Hill Street N '-~ LOT 5 CEDAR HTS ADDITION 813 North Hill Street S ~ LOT 4 CEDAR HTS ADDITION 1020 West Jefferson Street LoT 14 24.7' w SIDE WALL & NINES SUB OF BOL 90 1018 West Jefferson Street LoT 14 32' E SIDE WALL & HINES SUB OF BOL 90 1325 Liston Street S 55' LOT 23 STUDEBAKER & HINES BOL BO 1321 Liston Street LOT 22 STUDEBAKER & NINES BOL 80 1319 Liston Street W '-~ LOT 21 STUDEBAKER & HINES BOL 80 1317 Liston Street E '-~ LOT 21 AND W '-~ VAC ALLEY E & ADJ STUDEBAKER & NINES BOL 80 1012 Saint LOU15 Street W '~ Lot 81 & 1' S SIDE LOT 80 SORINS SECOND ADDITION 701 Howard Street ~ 40 FT W END LOT 82 SORINS SECOND ADDITION 705 Howard Street 35 FT MID PT LOT 82 SORINS SECOND ADDITION Key Number 24-1007-0596 24-1007-0602 24-1007-0603 18-5038-1370 18-5038-1366 18-5038-1364 18-5038-1363 18-5038-136301 18-5038-1360 18-5038-1359 18-5038-1358 18-3068-2643 18-3068-2644 18-1045-1931 18-1045-1932 18-1045-1933 18-1045-193301 18-5104-3613 18-5104-3614 18-5104-3615 2 6. A map and/or plat describing the property is attached hereto, marked Exhibit "A", and incorporated herein. 7. The Current redevelopment is: assessed valuation of the real property before Address: Valuation 820 Lindenwood Drive South 7,300 626 Lindenwood Drive South 4,800 618 Lindenwood Drive South 4,800 707 North Hill Street 5,800 721 North Hill Street 11,800 733 North Hill Street 5,300 735 North Hill Street 5,600 514 Kalorama Street 3,300 807 North Hill Street 5,300 809 North Hill Street 5,300 813 North Hill Street 6,500 1020 West Jefferson Street 3,400 1018 West Jefferson Street 1,400 1325 Liston Street 2,600 1321 Liston Street 2,400 1319 Liston Street 1,800 1317 Liston Street 2,400 1012 Saint Louis 8,100 701 Howard Street 5,000 705 Howard Street 1,400 8. Photographs of the Property, taken within two (2) weeks of filing of this petition, are attached hereto, Marked Exhibit "B", and incorporated herein. 9. List the real property taxes paid at the location during the previous two years, whether paid by the currant owner or a previous owner. ADDRESS: TAXES: 820 Lindenwood Drive South -0- 626 Lindenwood Drive South -0- 618 Lindenwood Drive South -0- 707 North Hill Street -0- 721 North Hill Street -0- 733 North Hill Street -0- 735 North Hill Street -0- 514 Kalorama Street -0- 807 North Hill Street -0- 809 North Hill Street -0- 813 North Hill Street -0- 1020 West Jefferson Street -0- 1018 West Jefferson Street -0- 1325 Liston Street -0- 1321 Liston Street -0- 1319 Liston Street -0- 1317 Liston Street -0- 1012 Saint Louis 310.52 701 Howard Street 250.00 705 Howard Street -0- 3 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 16. The following person should be contacted, as the petitioner agent regarding additional information and public hearing notification: Michael E. Urbanski 14299 Day Road Mishawaka, IN 46545 283-0455 or 993-2268 Agent for Garden Homes ~~~~~ Phil Byrd Madison Center Inc. 403 East Madison South Bend, IN 46617 Michael E. Urbanski will represent South Bend Heritage Foundation, Inc. and Madison Center Inc. in all hearings concerning this Tax Abatement ,~ Michael E. Urbanski Fil d ~~~:~€'~'~ ~~~ice ~,~AY - 3 2006 JGHN VOOFtDE ~ CRy CLEAK, S0. BEND, - 5