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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />CITY OF SOUTH BEND PETE BUTTICIEC, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <br />October 3, 2013 <br />Council Member Gavin Ferlic, Chairperson <br />Community Investment Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Residential Real Property Tax Abatement Petition for: <br />Cooreman Real Estate Group, Inc. <br />Dear Council Member Ferlic: <br />PHONE: 574 /235 -9371 <br />FAX: 574/235 -9021 <br />Please find attached the Department of Community Investment's report on a commercial real <br />property tax abatement petition from the above - referenced Petitioner for property located at The <br />Villas at Lake Blackthorn, Sections I and II. Also attached is a copy of the petition, Statement of <br />Benefits form, and supporting information. <br />The report contains the Department's findings relative to the above petition. The Petitioner, <br />Cooreman Real Estate Group, Inc. proposes to construct fifty -one homes at a cost of $12,750,000.. <br />A representative of the Petitioner will be available to meet with the Committee on Monday, October <br />28, 2013. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235 -9278. <br />Sincerely, <br />Cott <br />Executive Director, Department of Community Investment <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Pete Buttigieg <br />Chris Fielding <br />Dave Relos <br />Brock Zeeb <br />ASSISTANT EXF.CUTIvE DIRECTOR PLANNING NEIGHBORHOOD ENGAGEMENT ECONOMIC RESOURCES <br />CHRISFIELDING JITIN KAIN PAMELA C. ME>T..R BROCKZEEB <br />