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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting - June 25, 1999 <br />6. NEW BUSINESS (CONT.) <br />a. continued... <br />$15,000 and $17,000 through the St. <br />Joseph County Housing Assistance <br />Office. The total cost of the homes is <br />expected to exceed $1.4 million <br />(excluding land). <br />A review of the tax abatements <br />previously granted finds that the Board <br />of Public Works has been a co- <br />petitioner with several other entities, <br />which have been granted tax abatement. <br />The other entities are responsible for <br />the compliance reporting requirements <br />for the previous abatements. American <br />Home Dreams, Inc. has been granted <br />previous tax abatements. <br />The building commissioner has <br />reviewed the petition and finds the <br />properties to be properly zoned for the <br />proposed project; however, a rezoning <br />of the properties will be pursued to <br />change the zoning from `B" residential, <br />which allows multi - family, to "A" <br />residential, which is single family only. <br />A review of the designated South Bend <br />Redevelopment areas, finds that the <br />properties are located in the Sample - <br />Ewing Development Area, which is a <br />Tax Incremental Allocation Area; <br />therefore, the petition for real property <br />tax abatement must first be approved by <br />the South Bend Redevelopment <br />Commission. <br />HAW PDATATOMMSM062599.MIN <br />