Confirming Tax Abatement - Mackey Court , Stadium Drive, Stewart Drive, - Lafayette Falls, - Kendall-Weiss, LLP

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12DD COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTrI BEND, INDIANA-46601-183D PxoNE574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN.J. LUECKE, MAYOR COMMUNITY ~L ~CONOMIC DEVELOPMENT ,JEFFREY V. GIBNEY EXECUTIVE DIRECTOR December 5, 2007 Council Member Derek Dieter, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Residential Real Property Tax Abatement Petition for: KENDALL-WEISS, LLP (Lafayette Falls: Phase III, Section Three) Dear Council Member Dieter: Please find attached the Department of Community & Economic Development's report on a residential real property tax abatement petition submitted by Kendall-Weiss to build sixteen (16), single-family homes which will become Lafayette Falls, Phase -III, Section Three. 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 sixteen (16), single-family homes at a cost of $2,816,800. The project meets the qualifications for a (5) five-year real property tax abatement. The petitioner will be available to meet with the Committee on Monday, January 14, 2008. 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 235-5835. Sincerely, Bob Mathia Assistant Director, Economic Development Attachments cc: South Bend Common Council Members Mayor Stephen Luecke Jeff Gibney Don Inks COMMUNITY DEVELOPMENT - ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235-9660 574/235-9371 ELIZABETH LEONARD Fax: 574/235-9697 574/235-9371