Confirming Tax Abatement - 3927 Riverside Drive - Edward A. Myers

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7. The Current assessed valuation of the real property before redevelopment is: Address: Valuation 3927 Riverside Drive 10,600 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: 3927 Riverside Drive 329.74 10. What is your best estimate of the after completion market value of the property: $135,000 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: n/a 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 APPLIBLE TO YOUR NIEGHBORHOOD EXAMPLE: . The lot has been vacant for many years. It has a terrain that is not good for building a home. We have a home we designed for a lot in another area of the city, and found that it will fit this lot. 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 2