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r e Filed in Clerk's Office <br /> .. '', CITY OF SOUTH BEND APR 23 2025 <br /> • <br /> c <br /> F,,>. `_ COVIVUNITY INVESTMENT: ' Bianca Tirado <br /> City Clerk,South Bend, IN <br /> /865 <br /> April 23, 2025 <br /> Council Member Troy Warner <br /> Chairperson, Community Investment Committee <br /> South Bend Common Council <br /> County-City Building, 4'h Floor <br /> South Bend, Indiana 46601 <br /> RE: Declaratory Resolution: Multi-Family Development Real Property Tax Abatement for <br /> Allen Edwin Residential Builders, LLC <br /> Dear Council Member Warner, <br /> Please find the enclosed Declaratory Resolution and supporting information pertaining to a tax <br /> abatement petition submitted by Allen Edwin Residential Builders, LLC, a Michigan Limited <br /> Liability Company. This petition package includes: <br /> • Department of Community Investment's summary report <br /> • Petition for abatement <br /> • Statement of Benefits form (SB-1 / Real Property) <br /> • Supporting information <br /> The report contains the Department's findings relative to the above-mentioned petition. The <br /> petitioner intends to build on the property at 603-621 W. Marion Street; 515-517 Leland <br /> Avenue sixteen (16) new rental housing units in the form of single family, duplex, and cottage <br /> court style housing. Allen Edwin's goal is to build quality infill housing which is desirable and <br /> affordable to area residents. <br /> The total investment for this project is $2,496,534. The project meets the qualifications for a <br /> nine-year (9) multi-family development real property tax abatement. <br /> A representative from Allen Edwin Residential Builders, LLC, will be available to meet with the <br /> Committee on Monday, April 28, 2025. <br /> If you or other Council members have questions about the report or need additional information, <br /> please feel free to call me at (574) 245-6022 <br /> Sincerely, <br /> Joseph Molnar <br /> Assistant Director, Growth and Opportunity <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227 W.Jefferson Blvd. South Bend.Indiana 46601 p 574.235.9371 www.southbendin.gov <br />