Loading...
HomeMy WebLinkAbout5072-24 Resolution Correcting Scriverner's Error in Resolution No. 5015-23 Designating 722 Harrison Avenue and 726 Harrison Avenue RESOLUTION No. 5072-24 Passed by the Common Council of the City of South Bend, Indiana March 25, 20 24 Attest: AttAW City Clerk Bianca L. Tirado Attest: (AA.h1, 1" ' 11 President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana FkKAI\ 20 24JiriA) City Clerk Bianca L. Tirado Approved and signed by me Alf- 2 20 . , "� Mayor United States of America -RECEIVED • - APR 19 2024 * '+* ST.JOSEPH COUNTY ASSESSOR Certificate STATE OF INDIANA, COUNTY OF ST. JOSEPH, ss: I, Bianca L. Tirado, Clerk of the City of South Bend, County of St. Joseph, Indiana, hereby certify that the attached and foregoing is a full, true, and correct copy of RESOLUTION NO. 5072-24 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA CORRECTING SCRIVENER'S ERROR IN RESOLUTION NO. 5015-23 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 722 HARRISON AVENUE, SOUTH BEND, INDIANA 46616 AND 726 HARRISON AVENUE, SOUTH BEND, INDIANA 46616 A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE- YEAR (5) RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR CROSS COMMUNITY, INC. AND CORRECTING SCRIVENER'S ERROR IN RESOLUTION NO. 5016- 23 CONFIRMING THE ADOPTION OF RESOLUTION NO. 5015-23 ADOPTED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, MARCH 25, 2024 PRESENTED TO APPROVED AND SIGNED BY MAYOR JAMES MUELLER, APRIH, 2, 2024 ATTEST: SHARON L. MCBRIDE, PRESIDENT OF THE COMMON COUNCIL ATTEST: BIANCA L. TIRADO, CITY CLERK the original of which is now on file in the office of the Clerk of the City of South Bend, St. Joseph County, Indiana. IN WITNESS WHEREOF, I have hereunto� xe slt my hand and affixed the official Seal of the City of South Bend, St. Joseph County, Indiana, this I42 day of P19 r, ( 20 -214 Bianca L. Tirado Clerk of the City of South Bend St. Joseph County, Indiana By: ?alfr t`AA/14/1 Deputy BILL NO. 24-09 RESOLUTION NO. 5072-24 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, CORRECTING SCRIVENER'S ERROR IN RESOLUTION NO. 5015-23 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 722 Harrison Avenue, South Bend, Indiana 46616 AND 726 Harrison Avenue, South Bend, Indiana 46616 A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE-YEAR (5) RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR Cross Community, Inc. AND CORRECTING SCRIVENER'S ERROR IN RESOLUTION NO. 5016-23 CONFIRMING THE ADOPTION OF RESOLUTION NO. 5015-23 WHEREAS, on April 10, 2023, the Common Council of the City of South Bend, Indiana, adopted Resolution No. 5015-23 designating a certain area within the City as a Residentially Distressed Area for the purpose of tax abatement consideration; and WHEREAS, Resolution No. 5015-23 designated the area described as: Key Number: 71-08-02-407-013.000-026 Commonly Known As: 724 Harrison Avenue, South Bend, IN 46616 Legal Description: Lot 2 Kingdom Campus Minor Sub 23/24 NP#1221 6/27/2022 Key Number: 71-08-02-407-012.000-026 Commonly Known As: 726 Harrison Avenue, South Bend, IN 46616 Legal Description: Lot 1 Kingdom Campus Minor Sub 23/24 NP#1221 6/27/2022 a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seq. and South Bend Municipal Code Sections 2-76 et seq.; and WHEREAS, on April 24, 2023, the Common Council adopted Resolution No. 5016-23 confirming Resolution No. 5015-23; and WHEREAS,the area described in Resolution No. 5015-23 and Resolution No. 5016-23 as a Residentially Distressed Area should not have included the area identified by Key Number 71- 08-02-407-012.000-026 and instead should have included the area describe as: Key Number: 71-08-02-407-014.000-026 Local Parcel Number: 018-1070-2983 Commonly Known As: 722 Harrison Avenue, South Bend, IN 46616 Legal Description: Lot 3 Kingdom Campus Minor Sub 23/24 NP#1221 6/27/2022 as a Residentially Distressed Area; and WHEREAS,the petitioner notified the Department of Community Investment on February 20, 2024, of the change in the commonly known addresses of the parcels designated as a Residentially Distressed Area; and WHEREAS,the Department of Community Investment investigated the change of address and determined that the area identified by Key Number 71-08-02-407-012.000-026 was inadvertently and incorrectly included as part of the area designated as a Residentially Distressed Area and the area identified by Key Number 71-08-02-407-014.000-026 was inadvertently and incorrectly excluded from the area designated as a Residentially Distressed Area; and WHEREAS, at the times Resolution No. 5015-23 and Resolution No. 5016-23 were each adopted,the area identified by Key Number 71-08-02-407-012.000-026 was commonly known as 726 Harrison Avenue, South Bend, Indiana 46616; and WHEREAS,following the adoptions of Resolution No. 5015-23 and Resolution No. 5016- 23, respectively, the commonly known address of the area identified by Key Number 71-08-02- 407-012.000-026 changed and is now commonly known as 728 Harrison Avenue, South Bend, Indiana 46616; and WHEREAS, at the times Resolution No. 5015-23 and Resolution No. 5016-23 were each adopted, the area identified by Key Number 71-08-02-407-013.000-026 was commonly known as 724 Harrison Avenue, South Bend, Indiana 46616; and WHEREAS,following the adoptions of Resolution No. 5015-23 and Resolution No. 5016- 23, respectively, the commonly known address of the area identified by Key Number 71-08-02- 407-013.000-026 changed and is now commonly known as 726 Harrison Avenue, South Bend, Indiana 46616; and WHEREAS, at the times Resolution No. 5015-23 and Resolution No. 5016-23 were each adopted, the confusion associated with the commonly known addresses of the areas identified by Key Number 71-08-02-407-013.000-026 and Key Number 71-08-02-407-012.000-026, respectively, contributed to the inadvertent and incorrect inclusion of the area identified by Key Number 71-08-02-407-012.000-026 as an area designated as a Residentially Distressed Area and the inadvertent and incorrect exclusion of the area identified by Key Number 71-08-02-407- 014.000-026 from the area designated as a Residentially Distressed Area; and WHEREAS, the Common Council desires to correct this scrivener's error appearing in Resolution No. 5015-23 and Resolution No. 5016-23; and NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The area designated as a Residentially Distressed Area by Resolution No. 5015-23 as adopted on April 10, 2023, and confirmed by Resolution No. 5016-23 as adopted on April 24, 2023, is deleted and in its place is inserted the area described as: Key Number: 71-08-02-407-013.000-026 Local Parcel Number: 018-1070-2982 Commonly Known As: 726 Harrison Avenue, South Bend, IN 46616 Legal Description: Lot 2 Kingdom Campus Minor Sub 23/24 NP#1221 6/27/2022 Key Number: 71-08-02-407-014.000-026 Local Parcel Number: 018-1070-2983 Commonly Known As: 722 Harrison Avenue, South Bend, IN 46616 Legal Description: Lot 3 Kingdom Campus Minor Sub 23/24 NP#1221 6/27/2022 SECTION II. Resolution No. 5016-23 is reaffirmed in all other respects and will continue in full force and effect according to its terms. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. Of(tiociA7(7c4A' Sharon McBride, Council President South Bend Common Council Attest: Bianca Tirado, ity Clerk Office of the City Clerk Presented by me, the undersigns Clerk of the City of South Bend, to the Mayor of the City of South Bend, Indiana, on the day of Aj , 2024, at R o'clock Ot.m. Li44-(A) Bianca Tirado, City rk Office of the City Clerk 2 4J ,i Approved and signed by me on the day of l�p�• , 2024, at o'clock .m. /11/1'\- - Jams Mueller, Mayor Cit of South Bend Filed in Clerk's Office MAR 2 n 2024 Bianca Tiririo MEMORANDUM OF AGREEMENT City Clerk, South [3uria IN (SINGLE-FAMILY RESIDENTIAL REAL PROPERTY TAX ABATEMENT) This Memorandum of Agreement (Agreement) dated as of March 18, 2024, serves as confirmation of a commitment by Cross Community, Inc. (the "Applicant") to comply with the project description contained in its petition, Statement of Benefits, and attachments and this Agreement. 1. Properties Associated with the Abatement and Responsibilities of the Applicant. At the time of this agreement,the properties are described as: Key Number: 71-08-02-407-013.000-026 Local Parcel Number: 018-1070-2982 Commonly Known As: 726 Harrison Avenue, South Bend, IN 46616 Legal Description: Lot 2 Kingdom Campus Minor Sub 23/24 NP#1221 6/27/2022 Key Number: 71-08-02-407-014.000-026 Local Parcel Number: 018-1070-2983 Commonly Known As: 722 Harrison Avenue, South Bend, IN 46616 Legal Description: Lot 3 Kingdom Campus Minor Sub 23/24 NP #1221 6/27/2022 Throughout the duration of the abatement,the Applicant shall promptly report any changes in the addresses or Key Numbers of the properties receiving an abatement to the Department of Community Investment and to the Office of the City Clerk. Moreover, the Applicant also shall report any material changes or improvements made to the properties subject to an abatement including changes as the result of subdividing, replatting, or otherwise. The Applicant agrees that failure to promptly report changes can result in a finding of noncompliance on behalf of the Applicant under the commitments of this agreement. 2. Commitments of City and Applicant. Subject to the adoption of a resolution correcting a scrivener's error in Resolution No. 5015-23 and Resolution No. 5016-23 by the South Bend Common Council(the"SBCC"),the City of South Bend,Indiana, (the"City")commits to provide a five-year (5) single-family residential real property tax abatement for the Applicant, based on the Applicant's commitment set forth in its Application. The Applicant commits to the following (the"Commitments"): (a)making total combined real property expenditures of no less than Four Hundred Forty Thousand dollars ($440,000.00) for the construction of two (2) single-family homes at the properties identified in Section 1 of this agreement; and (b) acting in good faith to complete the project as described in its Application. 1 3. Applicant's Compliance with City and State Laws. During the term of the abatement, the Applicant shall comply with Chapter 2,Article 6,of the South Bend Municipal Code,entitled"Tax Abatement Procedures,"and all governing provisions of the Indiana Code. During the term of this abatement, the City may annually request information from the Applicant concerning the nature of the Project, the approved capital expenditure of the Project,the number of full-time permanent positions newly created by the Project,and the average wage rates and salaries(excluding benefits and overtime)associated with the positions,and the Applicant shall provide the City with adequate written evidence thereof within fifteen(15)days of such request(the"Annual Survey"). The City shall utilize this information and the information required to be filed by the Applicant in the CF-1 Compliance with the Statement of Benefits form to verify that the Applicant has at all times complied with the Commitments after the Commitment Date and during the duration of the abatement and for no other purpose. The Applicant further agrees to provide the City with such additional information as requested by the City to determine Applicant's compliance with the Commitments and with local and state requirements within twenty (20) days following any such request.Notwithstanding anything herein to the contrary,the Applicant acknowledges that the City may be required to disclose certain documents provided by the Applicant as required by a court order or applicable law. 4. Substantial Compliance and Rights of Termination. The City,by and through the SBCC, reserves the right to terminate the Residentially Distressed Area designation and associated property tax abatement deductions if it reasonably determines that the Applicant has not made reasonable efforts to substantially comply with all the Commitments, as defined in Section 2 of this Agreement, and the Applicant's failure to substantially comply with the Commitments was not due to factors beyond its reasonable control,as described in Section 5 below. 5. Factors Beyond Control. As used in this Agreement, factors beyond the control of the Applicant shall only include factors not reasonably foreseeable at the time of designation application and submission of Statement of Benefits which are not caused by any act or omission of the Applicant, and which materially and adversely affect the ability of the Applicant to substantially comply with this Agreement. Applicant has the burden to communicate to the City any such factors in which it believes is beyond its control and impacting its ability to fulfill the terms of this Agreement or any tax abatement benefit provided to the City. The City reserves the right to investigate the factors cited by Applicant under this Section 5 to the fullest extent possible and may deny Applicant's request upon the completion of the City's investigation. 6. Repayment of Tax Abatement Savings. If at any time during the term of this Agreement the Applicant and their successors and assigns shall: (a)be delinquent or in default with respect to any tax payment in St. Joseph County, Indiana; or (b) fail to comply with the obligations established by this Agreement, then the City may immediately terminate the Residentially Distressed Area designation and associated tax abatement deductions, and upon such termination, require Applicant to repay all of the tax abatement savings received through the date of such termination. 2 7. Notice/Hearing of Termination. In the event that the City determines that the Residentially Distressed Area designation and associated tax abatement deductions should be terminated or that all or a portion of the tax abatement savings should be repaid, it will give the Applicant notice of such determination, including a written statement calculating the amount due from the Applicant, and will provide the Applicant with an opportunity to meet with the City's designated representatives to show cause why the abatement should not be terminated and/or the tax savings repaid. Such notice shall state the names of the person with whom the Applicant may meet and will provide that the Applicant shall have thirty (30) days from the date of such notice to arrange such meeting and to provide its evidence concerning why the abatement termination and/or tax savings repayment should not occur. If, after giving such notice and receiving such evidence, if any, the City determines that the abatement termination and/or the tax repayment action is proper, the Applicant shall be provided with written notice and a hearing before the SBCC before any final action shall be taken terminating the abatement and/or requiring repayment of tax benefits. The Applicant shall be entitled to appeal that determination to a St. Joseph County Superior or Circuit Court. 8. Repayment. In the event the City requires repayment of the tax abatement savings as provided hereunder,it shall provide Applicant with a written statement calculating the amount due (the"Statement"),and Applicant shall make such repayment to the City within one hundred twenty (120)days of the date of the Statement. If the Applicant does not make timely repayment,the City shall be entitled to all reasonable costs and attorneys' fees incurred in the enforcement of this Agreement and the collection of the tax abatement savings required to be repaid hereunder. 9. Voidance of Previous Agreement. This Agreement supersedes the Memorandum of Agreement dated April 11,2023, as agreed to by the Applicant and the City. 10. Modification/Entire Agreement. This Agreement and the schedules attached hereto as Exhibit A contain the entire understanding between the City and the Applicant with respect to the subject matter hereof, and supersede all prior and contemporaneous agreements and understandings, inducements, and conditions, expressed or implied, oral, or written, except as herein contained. This Agreement may not be modified or amended other than by an agreement in writing signed by the City and the Applicant. The Applicant understands that any and all filings required to be made or actions required to be taken to initiate or maintain the abatement are solely the responsibility of the Applicant. 11. Waivers. Neither the failure nor any delay on the part of the City to exercise any right, remedy, power, or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power, or privilege preclude any other or further exercise of the same or of any other right, remedy, power, or privilege with respect to any occurrence or be construed as a waiver of such right, remedy,power, or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver. 3 12. Governing Laws of Indiana. This Agreement and all questions relating to its validity, interpretation, performance, and enforcement shall be governed by the laws and decisions of the courts of the State of Indiana. 13. Applicant's Consent to Jurisdiction. The Applicant hereby irrevocably consents to the jurisdiction of the Courts of the State of Indiana and of the St. Joseph County Circuit or Superior Court in connection with any action or proceeding arising out of or relating to this Agreement or any documents or instrument delivered with respect to any of the obligations hereunder, and any action related to this Agreement shall be brought in such County and in such Court. 14. Notices. All notices, requests, demands, and other communications required or permitted under this Agreement shall be in writing and shall be deemed to have been received when delivered by hand or by facsimile(with confirmation by registered or certified mail) or on the third business day following the mailing,by registered or certified mail,postage prepaid,return receipt requested, thereof, addressed as set forth below: If to Applicant: Cross Community, Inc. 707 Sherman Avenue South Bend, Indiana 46616 Attn: Tina Patton If to the City: City of South Bend, Indiana 227 W. Jefferson Boulevard, Suite 1400E South Bend, Indiana 46601 Attn: Executive Director of Community Investment 15. Assignment and Transfer Prohibited. This Agreement shall be binding upon and inure to the benefit of the City and the Applicant and their successors and assigns, except(a) that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other party hereto, in which consent shall not be unreasonably withheld, and (b) Applicant may assign and transfer its rights under this Agreement to the Permitted Assign without prior written consent. "Permitted Assign" means the affiliated single purpose entity created for purposes of designing, constructing, owning, operating, and maintaining the single-family residences which are the subject of this Agreement. 16. Valid and Binding Agreement. This Agreement may be executed in any number of counterparts,each of which shall be deemed to be an original as against any party whose signature 4 appears thereon, and all of which shall together constitute one and the same instrument. By executing this Agreement, each person so executing affirms that he has been duly authorized to execute this Agreement on behalf of such party and that this Agreement constitutes a valid and binding obligation of the party. 17. Severability. The provisions of this Agreement and of each section or other subdivision herein are independent of and separable from each other, and no provision shall be affected or rendered invalid or unenforceable by virtue of the fact that for any reason any other or others of them may be invalid or unenforceable in whole or in part unless this Agreement is rendered totally unenforceable thereby. 18. No Personal Liability. No official, director, officer, employee, or agent of the City shall be charged personally by the Applicant,its employees,or its agents with any liabilities or expenses of defense or be held personally liable to the Applicant under any term or provision of this Agreement or because of the execution by such party of this Agreement or because of any default by such party hereunder. 'Remainder of page intentionally blank.] 5 IN WITNESS WHEREOF,the parties hereto have executed this Agreement as of the day and year first above written. "Applicant" "City" Cross Community, Inc. City of South Bend, Indiana -9 By: kG "' i�` `' By: (,k_ittrty( ' 0 644 Tina Patton Sharon McBride President President, South Bend Common Council Cross Community, Inc. By: Approved as to Legal Adequacy and Form this Troy Warner Chairperson, Community Investment �?iday of 74tr,re A--, 2023. Committee / Bencil By: Erik Glavich Department of Community Investment Counsel for Applicant By: Ja es Mueller Mayor 6 EXHIBIT A Abatement Schedule Subject to the adoption by the SBCC of a resolution correcting a scrivener's error in Resolution No.5015-23 and Resolution No.5016-23,the property owner is qualified for and is granted a retail development real property tax abatement for a period of five (5) years as shown by the schedule outlined below. Year 1 - 100% Year 2 - 100% Year 3 - 95% Year 4 -95% Year 5 -90% 7 STATEMENT OF BENEFITS ir"�'`•`.• 2024 PAY 2025 01641 REAL ESTATE IMPROVEMENTS '+sw State Form 51767(R7/1-21) FORM SB-1 l Real Property Prescribed by the Department of Local Government Finance PRIVACY NOTICE This statement is being completed for real property that qualifies under the following Indiana Code(check one box): Any information concerning the cost ❑ Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) of the property and specific salaries ❑ the Residentially distressed area(IC 6-1.1-12.1-4.1) property owner is id to individual employees � perr IC 6-1.1-12.1-5.1. INSTRUCTIONS: 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 to the designating body BEFORE the redevelopment or rehabilitation of real property for which the person 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 filed with the county auditor before May 10 in 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 file a deduction application within the prescribed deadline may file an application between January 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/Real 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/Real Property that is approved after June 30. 2013, the designating body is required to establish an abatement schedule for each deduction allowed For a Form SB-1/Real Property that is approved prior to July 1, 2013, the abatement schedule approved by the designating body remains in effect. IC 6-1.1-12 1-17 SECTION 1 TAXPAYER INFORMATION Name of taxpayer Cross Community, Inc. Address of taxpayer Number and Street:707 Sherman Avenue City. South Bend slate: IN ZIP. 46616 Name of contact person Telephone number E-mail address Pirst Name: Tina Last Name, Patton (574)876-2106 tmpatton2@comcast.net ION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of designating body Resolution number Common Council of the City of South Bend 5072-24 Location of property Number and Street City State ZIP County DLGF taxing district number 722 Harrison Avenue South Bend IN 46616 St. Joseph 026(South Bend-Portage) Description of real property improvements,redevelopment,or rehabilitation(use additional sheets if necessary) Estimated start date(month,day,year) New single-family home on a vacant lot. 5/1/2023 Estimated completion date(month,day,year) 12/1/2023 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT Current Number Salaries Number Retained Salaries Number Additional Salanes SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current values $o $o Plus estimated values of proposed project $220,000 $176,000 Less values of any property being replaced $0 $0 Net estimated values upon completion of project i s 220.000 $176,000 SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated solid waste converted(pounds) 0 Estimated hazardous waste converted(pounds) 0 Other benefits The home will be sold to a first-time homeowner who has participated in financial/credit building workshops. SECTION 6 TAXPAYER CERTIFICATION I hereby certify that the representations in this statement true. Signature of authorized represen Date sign ((rr��t /yelar Printed name of authorized representative Title Tina M. Patton President Page 1 of 2 FOR USE OF THE DESIGNATING BODY We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed under IC 6-1.1-12.1,provides for the following limitations: A. The designated area has been limited to a period of time not to exceed N/A calendar years*(see below). The date this designation expires is 12/31/2025 . NOTE: This question addresses whether the resolution contains an expiration date for the designated area. B. The type of deduction that is allowed in the designated area is limited to: 1.Redevelopment or rehabilitation of real estate improvements ❑Yes No 2.Residentially distressed areas ❑X Yes ❑No C. The amount of the deduction applicable is limited to$ N/A D. Other limitations or conditions(specify) N/A E. Number of years allowed: ❑Year 1 ❑Year 2 ❑Year 3 ❑Year 4 E Year 5 (*see below) ❑Year 6 ❑Year 7 ❑Year 8 ❑Year 9 ❑ Year 10 F. For a statement of benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-17? ®Yes ❑No If yes,attach a copy of the abatement schedule to this form. If no,the designating body is required to establish an abatement schedule before the deduction can be determined. We have also reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to justify the deduction described above. Approv nature and title of authorized member of designating body) Telephone number •Date signed(month.day.year) Printed e of authorized member'of designating body N me of designating body kr<won vV L �`, I AYV1 N\ Carl O.l aF�Cw- S 1 1 10 attester Atte d by(signature and titl of ter Printed name of attester ek,tk\i L« aivek Q Naval/4 If the designating body limits the time period during which an area is an economic revitalization area,that limitation does not limit the length of time a taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17. A. For residentially distressed areas where the Form SB-1/Real Property was approved prior to July 1,2013.the deductions established in IC 6-1.1-12.1-4.1 remain in effect.The deduction period may not exceed five(5)years. For a Form SB-1/Real Property that is approved after June 30, 2013,the designating body is required to establish an abatement schedule for each deduction allowed. Except as provided Bn IC 6-1.1-12.1-18,the deduction period may not exceed ten(10)years. (See IC 6-1.1-12.1-17 below.) B. For the redevelopment or rehabilitation of real property where the Form SB-1/Real Property was approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect.For a Form SB-1/Real Property that is approved after June 30.2013,the designating body is required to establish an abatement schedule for each deduction allowed.(See IC 6-1.1-12.1-17 below.) IC 6-1.1-12.1-17 Abatement schedules Sec.17.(a)A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1) The total amount of the taxpayers investment in real and personal property. (2) The number of new full-time equivalent jobs created. (3) The average wage of the new employees compared to the state minimum wage. (4) The infrastructure requirements for the taxpayer's investment. (b)This subsection applies to a statement of benefits approved after June 30,2013. A designating body shall establish an abatement schedule for each deduction allowed under this chapter. An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. Except as provided in IC 6-1.1-12.1-18,an abatement schedule may not exceed ten(10)years. (c)An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under the terms of the resolution approving the taxpayer's statement of benefits. Page 2 of 2 41'-"•• STATEMENT OF BENEFITS 2024 PAY2025 REAL ESTATE IMPROVEMENTS State Form 51767(R7/1-21) FORM SB-1/Real Property Prescribed by the Department of Local Government Finance PRIVACY NOTICE This statement is being completed for real property that qualifies under the following Indiana Code(check one box): Any information concerning the cost ❑ Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) of the property and specific salaries paid to individual employees by the ❑r Residentially distressed area(IC 6-1.1-12.1-4.1) property owner Is confidential per IC 6-1.1-12.1-5.1. INSTRUCTIONS: 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 to the designating body BEFORE the redevelopment or rehabilitation of real property for which the person 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 filed with the county auditor before May 10 in 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 file a deduction application within the prescribed deadline may file an application between January 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/Real 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 SS-I/Real Property that is approved after June 30, 2013, the designating body is required to establish an abatement schedule for each deduction allowed. For a Form S8-1/Real Property that is approved prior to July 1, 2013, the abatement schedule approved by the designating body remains in effect. iC 6-1.1-12.1-17 SECTION 1 TAXPAYER INFORMATION Name of taxpayer Cross Community, Inc. Address of taxpayer Number and Street: 707 Sherman Avenue city. South Bend state: IN ZIP: 46616 Name of contact person Telephone number E-mail address First Name: Tina last Name. Patton I (574)876-2106 tmpatton2©comcast.net ION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of designating body Common Council of the City of South Bend Resolution number 5072-24 Location of property Number and Street City State LIP County DLGF taxing district number 726 Harrison Avenue South Bend IN 46616 St. Joseph 026(South Bend-Portage) Description of real property improvements,redevelopment,or rehabilitation(use additional sheets if necessary) Estimated start date(month,day,year) New single-family home on a vacant lot. 5/1/2023 Estimated completion date(month.day,year) 12/1/2023 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT Current Number Salaries Number Retained Salaries Number Additional Salaries SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current values $o $o Plus estimated values of proposed project $220.000 $176,000 Less values of any property being replaced _ $0 $0 Net estimated values upon completion of project S 220,000 $176,000 SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated solid waste converted(pounds) 0 Estimated hazardous waste converted(pounds) 0 Other benefits The home will be sold to a first-time homeowner who has participated in financial/credit building workshops. SECTION 6 TAXPAYER CERTIFICATION I hereby certify that the repres ntations in this tement are t e. 4 Signature of authorized representative Date n tlr, • Printed name of authorized representative Title J Tina M. Patton President Page 1 of 2 FOR USE OF THE DESIGNATING BODY We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed under IC 6-1.1-12.1,provides for the following limitations: A. The designated area has been limited to a period of time not to exceed N/A calendar years"(see below). The date this designation expires is 12/31/2025 . NOTE: This question addresses whether the resolution contains an expiration date for the designated area. B. The type of deduction that is allowed in the designated area is limited to: 1. Redevelopment or rehabilitation of real estate improvements ❑Yes X❑No 2.Residentially distressed areas X❑Yes ❑No C. The amount of the deduction applicable is limited to$ N/A • D. Other limitations or conditions(specify) N/A E. Number of years allowed: ❑Year 1 ❑Year 2 ❑Year 3 ❑Year 4 E Year 5 (*see below) ❑Year 6 ❑Year 7 ❑Year 8 ❑Year 9 ❑ Year 10 F. For a statement of benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-17? ®Yes ❑No If yes,attach a copy of the abatement schedule to this form. If no,the designating body is required to establish an abatement schedule before the deduction can be determined. We have also reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to justify the deduction described above. Ap ved(signature and title of authorized member of designating body) Telephone number Date piped(month,day,year) Prin name of authorized m ber of designating body Name of designating body �( r,ruin )^1 t.'dt C IPAOY\ (S►W�ct,l vk '4hc, fit H of Sv1n w, I IN) Ste by(signature a d title f attester) Printed name of attester CQ-.`t l e cAt t- 11i Ve/1 &tJ aJaO r, `If the designating body limits the time period cluing which an area is an economic revitalization area,that limitation does not limit the length of time a taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17. A. For residentially distressed areas where the Form SB-1/Real Property was approved prior to July 1,2013.the deductions established in IC 6-1.1-12.1-4.1 remain in effect.The deduction period may not exceed five(5)years. For a Form SB-1/Real Property that is approved after June 30, 2013,the designating body is required to establish an abatement schedule for each deduction allowed. Except as provided in IC 6-1.1-12.1-18,the deduction period may not exceed ten(10)years. (See IC 6-1.1-12.1-17 below.) B. For the redevelopment or rehabilitation of real property where the Form SB-1/Real Property was approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect.For a Form SB-1/Real Property that is approved after June 30.2013,the designating body is required to establish an abatement schedule for each deduction allowed.(See IC 6-1.1-12.1-17 below.) IC 6-1.1-12.1-17 Abatement schedules Sec.17.(a)A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1) The total amount of the taxpayer's investment in real and personal property. (2) The number of new full-time equivalent jobs created. (3) The average wage of the new employees compared to the state minimum wage. (4) The infrastructure requirements for the taxpayer's investment. (b)This subsection applies to a statement of benefits approved after June 30,2013. A designating body shall establish an abatement schedule for each deduction allowed under this chapter. An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. Except as provided in IC 6-1.1-12.1-18,an abatement schedule may not exceed ten(10)years. (c)An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under the terms of the resolution approving the taxpayer's statement of benefits. Page 2 of 2