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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <br />'ABA TFUFIvT REPORT <br />TO: SOUTH BEND COMMON COUNCIL <br />FROM: KATHY HAHN <br />PHONE: 574235 -9371 <br />FAX: 574235 -9021 <br />SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION <br />FOR: <br />Robert and Catherine Kossler <br />DATE: April 8, 2014 <br />On April 7, 2014, a petition for residential tax abatement consideration for real property <br />located at 1020 Saint Peter Street was filed with the City Clerk by Robert and Catherine <br />Kossler. Pursuant to Chapter 2, Article 6, Section 2 -77.1 of the Municipal Code of the <br />City of South Bend, this petition was referred to the Department of Community <br />Investment for purposes of investigation and preparation of a report determining whether <br />the area qualifies as a Residentially Distressed Area pursuant to I.C.6 -1.1 -12.1 and <br />whether all zoning requirements have been met. <br />The Department of Community Investment has reviewed the petition (a copy of which is <br />attached), investigated the area, and makes the following report. <br />PROJECT DESCRIPTION <br />The petitioners intend to construct a 2400 square foot single family home on a vacant lot at <br />a cost of $330,000. The home will have eight rooms three of which will be bedrooms along <br />with a 2 car garage, unfinished basement, and front porch, The land size is 66 feet by 115 <br />feet, and the house footprint is 36 feet by 85 feet. <br />Total taxes to be abated during the (5) five -year abatement period are estimated to be $1,893. Total <br />taxes to be raid during the (5) five -year abatement period are estimated to be $19,879 <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT <br />ATM KAIN PAMELA C. MEYER CHRIS FIELDING 'ECONOMIC RESOURCES <br />DONALD E. INKS <br />