5079-24 Declaratory Resolution Real Property Tax Abatement 728 Harrison Avenue - Cross Community, Inc

Home Browse Search

Filed in Clerk's Office ,,—,- tg..\ STATEMENT OF BENEFITS 2024 PAY 2025 i d ` REAL ESTATE IMPROVEMENTS MAY $ ZO24 — a'` State Form 51767(R7/1-21) FORM SB-1 I Real Property Prescribed by the Department of Local Government Finance Bianca Tirado PRIVACY NOTICE This statement is being completed for real property that qualifies under the followirgihl'dccha r�6d5R4141 kB1/6ibt tj:Nl Any information concerning the cost ❑ Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) of itd to individualvy and specific salanesby paid employees by the I] 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 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 Ave City: South Bend State• IN ZIP 46616 Name of contact person Telephone number E-mail address First Name Tina Last Nor»' Patton (574) 876-2106 tmpatton2@comcast.net SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of designating body Resolution number Common Council of the City of South Bend r1i1—24 Location of property Number and Street City State ZIP County DLGF taxing district number 728 Harrison Ave 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) We will build one (1) new home that will be between 1390-1620 sq ft with 3 06/03/2024 bedrooms, 2 bathrooms, with a garage. Estimatedcompletondate(month,day,year) 11/30/2024 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 $4,300 Plus estimated values of proposed project $270,000 $220,300 Less values of any property being replaced Net estimated values upon completion of project $270,000 $224,600 SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated solid waste converted(pounds) Estimated hazardous waste converted (pounds) � 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 s statement are true. Signature of aulho d representati Date signed(month,day,year) if1.30.C, - v _ I 5/3/2024 Printed name of authorized representative Title Tina M Patton President Page 1 of 2