4868-20 Designating Real Property Tax Abatement for SB Mutual Homes II, L.P.

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Filed in ClQrk�s ---O-- CITY OF SOUTH BEND, INDIANAII LL��AVG l 9 2020 PETITION FOR RESIDENTIAL TAX ABATEMENT CONSIIDERAiiBaAti , ..__ IN The undersigned owner(s) 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 LC.. 6-1.1.12.1-1, et mo., and South Bend Municipal Code Sec. 2,76 et sen for this petition state the following: L Describe the proposed construction project, including information about square footage, number of rooms, number of stories, other amenities such as finished basements and garages, the amount of land to be used, the proposed use of the improvements, and a general statement as to the importance of the project (use additional sheet for long project descriptions): ! t � 2. Estimate the dollar value of the construction project (donor include land cost): $2,166,000, 3. The real property for which tax abatement consideration is petitioned (Property) is owned or to be owned by the following individuals) or corporation(s) (if the business organization is publicly held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): Name Address Interest South Bend Mutual Homes 11. LP will be the owner of the oroiect. The limited uartner emtiry investor will be Cinnaire. Cinnaire will own a 99.99% interest in the Voiect. Their address is Suite 516. 320 N. Meridian Street, Indianapolis. IN 46204 The South Bend Mutual Haws Cooperative It, GI' LLC will own a .00596% interest in the oroiect. Their address is 724. W. Washington. South Bend. IN 46601. South Bend Mutual Homes Cooperative 11 GP LLC is a wholly owned subsidiary of Sourh Bend Mutual Homes Cooperative SBHF MH 11 GP. LLC will own a 00394% General Partner interest in the oroiect Their address is 803 Lincoln Was West. South Bend IN 46616 S8HF MH It OP LLC is a wholly owned subsidiary of South Bend Heritage Foundation. Anne Manner will be a special limited oattner with an .0001% interest in the protect. Her address is 724 W. Washington. South Bend IN 46601 4. The commonly known address of the Property is: Please see Exhibit D. and having tax key no.: Plemse �e Exhibit D. (use additional sheet for multiple addresses or key numbers). (Rev. 5/13/11)