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31-26 Ordinance Authorizing Payments in Lieu of Taxes for Western Avenue I, LLC (Substitute)
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31-26 Ordinance Authorizing Payments in Lieu of Taxes for Western Avenue I, LLC (Substitute)
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6/17/2026 11:41:48 AM
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6/17/2026 11:29:40 AM
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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 SOUTH 84 Website Southbendin.gov <br /> South Bend,IN 46601 04 \�� <br /> James Mueller,Mayor \� <br /> �Y 1 PEACE .ate Filed in Clerk's Office <br /> x�_ I�365 x Jun 17, 2026 <br /> Bianca Tirado <br /> City of South Bend City Clerk. South Bend, IN <br /> Department of Community Investment <br /> June 16,2026 <br /> Council Member Canneth Lee <br /> President Chairperson <br /> South Bend Common Council Community Investment Committee <br /> South Bend City Hall, 3rd Floor South Bend Common Council <br /> South Bend, Indiana 46601 South Bend City Hall, 3rd Floor <br /> South Bend, Indiana 46601 <br /> RE: SUBSTITUTE Bill No.31-26: An Ordinance of the Common Council of the City of South <br /> Bend, Indiana,Authorizing Payments in lieu of Taxes for Western Avenue I, LLC <br /> Dear President Lee and Chairperson of the Community Investment Committee, <br /> Please find enclosed SUBSTITUTE Bill No. 31-26, which includes minor amendments to the bill which <br /> received a first reading on June 8, 2026. The substitute bill makes the following amendments to Bill No. <br /> 31-26 as originally filed: <br /> • Clarification in wording regarding income level of affordable units; and <br /> • Establishment of parameters surrounding the right for Owner's authorized lenders and investors <br /> to cure a monetary default. <br /> Sincerely, <br /> >. R. Molnar <br /> •eputy Director, <br /> Department of Community Investment <br />
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