Confirming Tax Abatement - Lincoln Park Development LLC (5 Year Residential Real Property)

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11. No building permit has been issued for construction on the property in connection with the improvement in question as of the date of filing of this petition. The building permit may be issued after the South Bend Common Council has approved the Declaratory Resolution. (Tax abatement is not available if a building permit has already been issued). The signature below is verification of this statement. 12. List other anticipated public financing for the project, including any assistance to be sought or already authorized through the United States Department of Housing and Urban Development funds from the City of South Bend, South Bend Housing Authority, Housing Assistance Office, St. Joseph County Housing Consortium or other public financial assistance, including but not limited to public works improvements: LIHTC , City of South Bend HOME, public works improvements, mortgage financing, general partner equity 13. Describe how the property has become undesirable for or impossible of normal development because of a lack of development, cessation of growth, deterioration of improvements or other factors which have impaired values and prevent a normal development of the property: The properties have been abandoned and the neighborhood has seen many years of dedine. This is an area in great need of redevelopment yet, it has been slowto attract developers The hones that existed on the properties suffered from neglect and were no longer habitable and need to be torn down. The vacant land increases the abandonedlook ofthe entire neighborhood. The most compatible and logical development is redeveloping single family homes on the lots to attract more developers to the area. In the recent discussims involving the Lincolnway Corridor Plan this area was mentioned as a prime redevelopment site because of the location between the Chapin Park and the - - -- --- ------ - - - - -- - -------- - - - --- - --- - - - - -- WeslWashington Historic DisVids. 14. The current use of the property is — vacantlots--------------------------------------- and the current zoning is residential_ (use). (This information may be obtained from the Building Department 235.9553) 15. The property is located in the following Allocation Area (if any) declared and confirmed by the South Bend Redevelopment Commission (requiring approval of the tax abatement by the Redevelopment Commission): nla 16. The following person should be contacted as the petitioner's agent regarding additional information and public hearing notifications: Name Anne Mannix Address 724 W Washln City, State, Zip South Telephone --- (574)2 E -mail Address ams WHEREFORE, Petitioner has paid the required fee of $50.00 and requests that the Common Council of the City of South Bend, Indiana, adopt a declaratory resolution designating the area described herein as a residentially distressed area for the purposes of real property tax abatement consideration, and after publication of notice and public hearing, determine that the qualifications for a residentially distressed area have been met and confirm such resolution. Filed In C' *- `r ice MAR ^� 2Q1Q IJOHN VCC END, IN CITY CLERXI SOU'"_ _B (Rev. 5/13/11) Name of Property Owner(s): Lincoln Park Development, LLC By:--- (Signature) Anne Mannix, Member Lincoln Park Development, LLC _____ (Typed or printed name and capacity)