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South Bend City Hall Phone 311 inside City limits <br /> 215 S.Dr.Martin Luther King Jr.Blvd. —�--"= Email 311@southbendin.gov <br /> Suite 500 QUTH 44._ Website Southbendin.gov <br /> South Bend,IN 46601 04 4'6 • <br /> James Mueller,Mayor jU .. <br /> _ PE'`cE Filed in Clerk's Office <br /> Jun 3, 2026 <br /> /865 <br /> Bianca Tirado <br /> ('tyClerk, South Bend, IN <br /> City of South Bend <br /> Department of Community Investment <br /> June 2, 2026 <br /> Council Member Canneth Lee <br /> President Chairperson <br /> South Bend Common Council Community Investment Committee <br /> South Bend City Hall, 3`a Floor South Bend Common Council <br /> South Bend, Indiana 46601 South Bend City Hall, 3rd Floor <br /> South Bend, Indiana 46601 <br /> RE: Bill No. 36-26: An Ordinance of the Common Council of the City of South Bend, <br /> Indiana, Authorizing Payments in lieu of Taxes for the renovation of Beacon Heights <br /> Dear President Lee and Chairperson <br /> Please find attached Bill No. 36-26 for first reading, which has been filed for the Common <br /> Council's consideration pursuant to Indiana Code 36-1-8-14.3(e). <br /> Indiana Code 36-1-8-14.3 et seq. authorizes the City to enter into a payment in lieu of taxes <br /> (PILOT) agreement with a property owner of a qualifying affordable housing development. Such <br /> an agreement sets the amount and schedule of each payment,which the City must deposit into an <br /> affordable housing fund and is used to directly support the development,preservation, or <br /> accessibility of affordable housing within the community. Bill No. 36-26 provides the necessary <br /> authorization for a PILOT for Beacon Heights Apartments, a renovation of an existing affordable <br /> housing development located on Ardmore Trail,just west of Bendix Drive and to be owned by <br /> SAC Beacon Preservation LLC. <br /> Beacon Heights is a planned redevelopment of an existing 170-unit affordable housing <br /> development by developer L+M Development Partners, a company specializing in renovating <br /> affordable housing developments. The project anticipates an award of low-income housing tax <br /> credits by the Indiana Housing and Community Development Authority. All 170 units for this <br />