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11-25-13 Common Council Agenda & Packet
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11-25-13 Common Council Agenda & Packet
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11/25/2013 10:33:58 AM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
11/25/2013
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ttiiH.c+., <br /> 227W.]FFFERSON Both.FVA;11 �,��� / 97� PHONE:574/235-9371 <br /> SI9TE 1400 S. "� � � \ EAx:5741235-9021 <br /> $OITH BEND,IN 46601-1830 ` <br /> t. <br /> 1865,. <br /> CITY OF SOUTH [SEND PETE M ITTIGIEG, MAYOR <br /> COMMUNITY INVESTMENT <br /> SCOTT FORD, EXECUTIVE DIRECTOR <br /> TAX ABA TEMENT REPORT <br /> TO: SOU I-H BEND COMMON COUNCIL <br /> FROM: KATHY HAHN <br /> SUBJECT: RESIDENTTAI. REAL PROPERTY TAX ABATEMENT PETITION FOR: <br /> DEETH, KEVIN and KELLEY <br /> DATE: November 1, 2013 <br /> On October 31, 2013, a petition for residential tax abatement consideration for real property located at 1 106 <br /> Georgiana Street was filed with the City Clerk by Kevin and Kelley Deeth. Pursuant to Chapter 2, Article <br /> 6, Section 2-77.1 of the Municipal Code of the City of South Bend, this petition was referred to the <br /> Department of Community Investment for purposes of investigation and preparation of a report determining <br /> whether the area qualifies as a Residentially Distressed Area pursuant to I.C.6-1.1-12.1 and whether all <br /> zoning requirements have been met. <br /> The Department of Community Investment has reviewed the petition (a copy of which is attached). <br /> investigated the area, and makes the following report. <br /> PROJECT DESCRIPTION <br /> Kevin and Kelley Deeth intend to construct an approximate 2,273 square foot, single-family home. The <br /> home will have a kitchen, dining room. great room. mud room, covered porch. 3 bedrooms, and 2 baths. <br /> I"here \t ill be an unfinished basement with 1088 of additional square feet along with a two car rear load-in <br /> garage. The cost of the home is expected to be $316,000. South Bend Heritage is in the process of <br /> repurchasing the lot from Phillip Munoz. The Deeths will have full ownership of the lot on November 6°i <br /> after they pay South Bend Heritage $25.000 for the lot. Total taxes to be abated during the (5) five-year <br /> abatement period are estimated to be $1.893. Total taxes to be paid during the (5) five-year abatement <br /> period are estimated to be $19,281. <br /> PIANNIM. N E.IGHBoRHOUD EN(.,A(.1 NIFNT ECONONii( RI-SOURCl4 <br /> [11[� KAIN PAWIAC.A1riTII Do AIDF. yw' <br />
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