Bill No. 23-17 Confirming a Declaratory Resolution for Property at 213 West Washington St. SB, IN

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Filed in Clerk's Office 7-- APR APR 0 3 202)''`� STATEMENT OF BENEFITS 1 ;:,,',4.7'"--‘ �� f DAWN M.JONES I zo_PAY20_ itiett, 1 REAL ESTATE IMPROVEMENTS CITY CLERK,SOUTH BEND, IN j 5!ate REAL, 61787(Ra/1 -14) FORM SB-7/Real Property 7.111!:-;_ Prescribed by the Department of Local Government Finance PRIVACY NOTICE This statement Is oeing completed for real property that qualifies under the following Indiana Code(check one box): -Any rnrormubon concerning�Mcr coli ❑Redevelopment or rehabilitation of real estate Improvements(IC 6-1.1-12.1-4) o!the!uo!xnty and spour�c Santee © paid 10 odrvs unt ornpinyans by the Residentially distressed area(IC 6-1.1-12.1.4.1) pioeerty ownIn roi l dent jl pert INSTRUCTIONS: Cti-t 1.1. t.n h 1 1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement must be submitted fo the designating body BEFORE the redevelopment or rehabilitation of reel property for which the parson wishes to claim a deduction. 2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the initiation of the redevelopment or rehabilitation for which the person desires to claim a deduction. 3. To obtain a deduction,a Form 322/RE must be fried with the County Auditor before May 10In the year In which the addition to assessed valuation is made or not later than thirty(30)days after the assessment notice is mailed to the property owner if It was mailed after April 10 A property owner who failed to tile a deduction application within the prescribed deadline may 5/e an application between March 1 and May 10 of a subsequent year 4. A property owner who files for the deduction must provide the County Auditor and designating body with a Form CF-1/Reai Property. The Form CF-1/Real Property should be attached to the Form 322/RE when the deduction is first claimed and then updated annually for each year the deduction Is applicable. IC 6.1.1-12.1-5.1(b) 5. For a Form SB-1/Reel Property that is approved after June 30. 2013, the designating body to required to establish an abatement schedule for each deduction allowed. Fore Form SB-1/Real Properly that is approved prior to July i, 2013, the abatement schedule approved by the designating body remains in effect. (C 6-1.1.12.1-17 SECTION 1 TAXPAYER INFORMATION Name of taxpayer The Tower at Washington Square LLC Address of taxpayer(number and street,clf)t stew,end ZiP code) 5-44 47th Avenue,4th Floor, Long Island City, NY 11101 Nome of contact person Telephone number E-mel address ( ) 718-786-5555 mkazanas1969@gmail.com SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Nerve of desrgnal!na twdy Resc!utirn number Common Council of South Bend Leratton of property County DLOF taxing district number 213 West Washington Street,South Bend, IN 46601 St.Joseph 026 ❑nscrin!ton al real properly Improvements,re;evnloprnnn!.or'nluibb!nlinn(use Jrirrrftenut sheets rf necuscery) Estimated start date(month,day,year) 04/15/2023 Develop—90 apt units, addtrl meeting/event spaces and 7th floorbar/lounge/event venue Estimated completion dale(month,day,year) 04/15/2024 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT Current number Sayler, Numberrntayned Salaries Number additional Salaries 0 9 avy—$36,000 SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT REAL ESTATE IMPROVEMENTS 1 COST ASSESSED VALUE _ 1 Current values 11 100000 1494200 I. Plus estimated values of proposed project 114700000 Less values of any property being replaced I0 Net estimated values u.. co .telIon of. ec! 15800000 SECiION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated solid waste converted(pounds) _-_ Estimated hazardous waste converted(pounds) Other benefits SECTION o TAXPAYER CERTIFICATION I hereby certify that the representations In this statement are true. ;ynaturo of au iori,d regtaxntnlfw ` onto signed(month,day,year) v-t G . �r 1 /J/) / f ,•;,1.,• �',,,: ,�l i 03/20/2023 — - - Prin!el name d nuthorited repreaeMatfve Title Liberty Angeliades Manager Page 1 of 2