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HomeMy WebLinkAboutConfirming Tax Abatement - Lincoln Park Development LLC (5 Year Residential Real Property)Attes RESOLUTION 4368 -14 Passed by the Common Council of the City of South Bend, Indiana June 23, 14 20 Presented by me to the Mayor of the City of South Bend, Indiana June 24, 20 14 City Clerk dent of Common Council Approved and signed by me _ 20 . City Clerk RESOLUTION NO. q 3'f g- l I A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING A CERTAIN AREA WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 9149 91899239 9259 9279 9309 932.5, 1024, & 1030 OAK; 922, 930, 1002.5, 1014, 10189 & 1020 FUERBRINGER; 418, 417, and 500 BLK SHERMAN; 501 HARRISON; 423, 429, & 431 COTTAGE GROVE; 327, 329, 331, 408, 412, 4179 & 403 CUSHING AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A (5) FIVE -YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR LINCOLN PARK DEVELOPMENT LLC WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 914, 918,923, 925, 927, 930, 932.5, 1024, & 1030 Oak; 922, 930, 1002.5, 1014, 1018, & 1020 Fuerbringer; 418, 417, and 500 blk Sherman; 501 Harrison; 423, 429, & 431 Cottage Grove; 327, 329, 331, 408, 412, 417, & 403 Cushing South Bend, Indiana, and which is more particularly described as follows: 1) 914 Oak South Bend IN Parcel ID: 18 -1029 -1276 Legal Description: Lot Numbered Four (4) as shown in the recorded Plat of Lorenz Fuerbringer's Addition 2) 918 Oak South Bend IN Parcel ID: 18-1020-1278 Legal Description: West 17 and 4/5 feet of Lot 5 and the East 17 and 4/5 feet of Lot 6 Fuerbringers ls` Addition 3, 4) 923 Oak, 925 Oak, 927 Oak, South Bend IN Parcel ID: 923 Oak- 18- 1030 -1345 925 Oak- 18- 1030 -1344 927 Oak- 18- 1030 -1343 Legal Description: 923 Oak- 35 Feet E Side lot 11 Fuerbringers 2nd addition 925 Oak- 17.5 feet East side lot 10 and 17.5 feet West side Lot 11 Fuerbringers 2 "d Addition 927 Oak- Except 17.5 Feet West Side Lot 10 Fuerbringers 2 "d Addition 5) 930 Oak and 932.5 Oak South Bend IN Parcel ID: 930 Oak —18- 1029 -1281 932.5 Oak 1801029- 1281.01 Legal Description: 930 Oak- Part of lot 8 of the recorded plat of Fuerbringer's beginning at the Northeast corner of said Lot 8; running thence South along the East line of said lot, 132 feet to the Southeast corner thereof, thence West along the South line of said lot, 26.825 feet; thence North 132 feet to the North line of said lot; thence East along the North line, 26.65 feet to the place of beginning 932.5 Oak- W Y2 Llot 8 Fuerbringers 15` addition 6) 1024 Oak South Bend IN Parcel ID: 18-1033-1449 Legal Description: Lot 6 William Millers 7) 1030 Oak St South Bend IN Parcel ID: 18 -1033 -1447 Legal Description: Lot 8 William Millers 8) 922 Fuerbringer South Bend IN Parcel ID: 18 -1030 -1334 Legal Description: Lot Numbered 22 as shown on the recorded plat of Furebringer's Second Addition to South Bend, except 10 feet off of the West side thereof and except a parcel described as beginning 18 inches West of the Northeast corner of lot 22: thence East 18 inches to the Northeast corner; thence South to the Southeast corner of lot 22; thence West 1 foot 9 inches, thence Northeast to the place of beginning 9) 930 Fuerbringer South Bend IN Parcel ID: 18-1030-1333 Legal Description: All of Lot numbered 29 and part of Lot numbered 22, of Fuerbringer's 2nd Addition, described as beginning at the Northwest corner of said lot numbered 23; running thence East along the South line of Fuerbringer St 50 feet; thence Southerly 120 feet to a point on the North line of a public alley, which point is 10.58 feet east of the Southeast comer of said lot numbered 23; thence West 50.58 feet to the Southeast comer of lot number 23; thence North 120 feet to the place of beginning 10) 1002..5 Fuerbringer South Bend IN Parcel ID: 18 -1030 -1332 Legal Description: Lot 24 Fuerbringers 2nd Addition 11, 12, 13) 1014 Fuerbringer, 1020 Fuerbringer, 418 Sherman, 1018 Fuerbringer, 418 Sherman South Bend IN Parcel ID: 1014 Fuerbringer- 18- 1034 -1499 1020 Fuerbringer- 18- 1034 -1497 418 Sherman - 18- 1034 - 1497.02 1018 Fuerbringer- 18 -1034 -1498 418 Sherman- 18- 103401498.02 Legal Description: Wunderlich Subdivision lots 1 -3 and 5 of Witherill's addition 14) 417 Sherman South Bend IN Parcel ID: 18 -1034 -1490 Legal Description: Lot 4 Witherill's 15) 500 Blk Sherman South Bend IN Parcel ID: 10 -1034 -1480 Legal Description: Lot 16 O.S Witherills 2 "d Addition 16) 501 Harrision South Bend IN Parcel ID: 18- 103001311 Legal Description: Lot numbered 6 as shown on the recorded plat of Rockstroh and Nickel's First Addition 17) 423 Cottage Grove South Bend IN Parcel ID: 18 -1030 -1329 Legal Description: Lot 27 of Fuerbringer's 3`d Addition 18) 429 Cottage Grove South Bend IN Parcel ID: 18 -1030 -1327 Legal Description: Lot 29 Fuerbringers 3`d Addition 19) 431 Cottage Grove South Bend IN Parcel ID: 18-1030-1326 Legal Description: Lot 30 Fuerbringer's 3`d 20) 327 Cushing and 329, 331 Cushing South Bend IN Parcel ID: 327 Cushing- 18 -1028 -1254 329 and 331 Cushing- 18- 1028 -1253 Legal Description: 327 Cushing- the south 34 feet of Lot 18, Heintzman's 329 and 331 Cushing - The north 30.57 feet of lot 18, Heintzman's addition 21)408 Cushing and 412 Cushing South Bend IN Parcel ID: 408 Cushing- 18- 1028 -1266 412 Cushing -18- 1028 -1265 Legal Description: 408 Cushing- S '/z Llot 6 Heintzman's Addition, 412 Cushing- the North %: of lot 6 Heintzman's Addition 22, 23, 24) 417 Cushing and 403 Cushing South Bend IN Parcel ID: 417 Cushing- 18 -1028 -1249 403 Cushing- 18- 1028 -1252 Legal Description: 417 Cushing — the South %2 Llot 15, Heintzman's Addition 403 Cushing - lot 16 and 17 Heintzmans addition 3 and this property has Tax Key Numbers listed above be designated as a Residentially Distressed Area under the provisions of Indiana Code 6 -1.1 -12.1 et seq., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for a residentially distressed area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds that the petition for real property tax abatement and the Statement of Benefits form meet the requirements of Indiana Code 6 -1.1 -12.1 et seq., for tax abatement. SECTION II. The Common Council hereby determines and finds that the area meets one of the following conditions as formally established in Ordinance No. 9394 -03, which was passed on February 10, 2003: A. The area is comprised of parcels that are either unimproved or contain only one (1) or two (2) family dwellings designed for up to four (4) families, including accessory buildings for those dwellings; or B. Any dwellings in the area are not permanently occupied and are: i. the subject of an order issued under IC 36 -7 -9; or ii. evidencing significant building deficiencies; or C. Parcels of property in the area: i. have been sold and not redeemed under IC 6- 1.1 -24 and IC 6- 1.1 -25; or ii. are owned by a unit of local government; or D. A significant number of dwelling units within the area are not permanently occupied or a significant number of parcels in the area are vacant land; or E. A significant number of dwelling units within the area are: i. the subject of an order issued under IC 36 -7 -9; or ii, evidencing significant building deficiencies; or F. The area has experienced a net loss in the number of dwelling units, as documented by census information, local building and demolition permits, or certificates of occupancy, or the areas are owned by Indiana or the United States; or G. The area (plus any areas previously designated under this subsection) will not exceed ten percent (10 %) of the total area within the Council's jurisdiction. , SECTION III. The Common Council also hereby determines and finds the following: A. That the description of the proposed redevelopment meets the applicable standards for such development. B. That the estimate of the value of the redevelopment is reasonable for projects of this nature; C. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment; and D. That the totality of benefits is sufficient to justify the requested deduction, all of which satisfy the requirements of Indiana Code 6- 1.1- 12.1 -3. E. The deduction will not be allowed unless the dwelling is rehabilitated to meet local code standards for habitability. F. The deduction will not be allowed unless the dwelling rehabilitation is completed within five (5) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as a Residentially Distressed Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council as shown by the attachment pursuant to Indiana Code 6 -1.1- 12.1 -17. SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of five (5) years as shown by the attachment pursuant to Indiana Code 6- 1.1- 12.1 -17, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et seq. SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. 11--� F?l (o =L3 - l �J MA JOHN VOORDE CITY CL,E , SOUTH BEND, IN 227 W. II'I'I II mm 8mi I:VARO Stu 1: 1400 S. SUUIII BLN U. IN 46601 -1830 May 7, 2014 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUMF DIRECTOR Council Member Gavin Ferlic, Chairperson Community Investment Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Residential Real Property Tax Abatement Petition for: Lincoln Park Development LLC Dear Council Member Ferlic: POoNr: 574!235-9371 FAX: 574!235-9021 Please find attached the Department of Community Investment's report on a residential real property tax abatement petition submitted by Anne Mannix of Lincoln Park Development LLC to build 24 single - family homes as part of a cooperative in the Lincoln Park Neighborhood. Also attached is a copy of the petition, Statement of Benefits form, and supporting information. The report contains the department's findings relative to the above petition. The petitioner proposes to build 24 single- family homes at a cost of approximately $4,689,376. The project meets the qualifications for a (5) five -year residential property tax abatement. The petitioner will be available to meet with the Committee on Wednesday, May 28, 2014. Should you or any of the other Council members have any questions concerning the report, or need additional information, please feel free to call me at 235 -5845. Sincerely Brock Director of Economic Resources Attachments cc: South Bend Common Council Members Deputy Mayor Mark Neal Scott Ford Chris Fielding PLASNINS Numn3omoon F.NC:ncr'.tlr:Nr Bt SIN Dr:rra.orsn:N r E(,ONONIIc RESOURCES JITI %K\I\ P.t\111 zC MI)IR Cmas Fu I nha BROCK Zi rx 5 YEAR 21- May -14 LInc01n Park SOUMBe.xl Porla9e Tpwns'O,p ResidenLN Re.al FOparly Tax Avelemere SCnao,si Estimated Project Cost'. $t %35,gio -D Tjh,l T &Tp Tax Abated' Tax Paid-_' Assessed Value' Structure (% AV of Cost) 1000.4 10539D.00 19539000 10539000 Land Value 20.000 20.00000 NIA NIA Gross Assessed Value 215.390.00 195.390.00 195.39000 Less Mortgage Exemplun (]000 00) (3.000.00) (3.00000) Less Homestead Deduction (45.00000) (45.000.00) (45.00000) Less Supplemental Homestead Deduction (59.63650) (59.63650) (59636.(0) Bata Assessed Value 107753.50 89,75350 87,75350 Less Maximum Abatement Deduction NIA NIA 74.880.00) Less Non- Abated Amount NIA (12,87350) NIA Pus Land Assessed Value NIA NIA 20.00000 Net Assessed Value 10775350 7488000 32.87350 P(OOerl. Taxes Assume constant tax rate of 50228% 50228/ 50228% Gross Tan, (tax rate x net assessed value) 541222 376105 1.651 it Less C ounly COTT Homestead Credit 7IM309 (397 42T (276.17) (121 24) Tax Dub Before Circuit Bleaker 5014.80 3,48488 1.52992 Less Cleft Bleaker Credit (231599) (2.315.99) 000 Nei Tax 2,698.81 1.16669 1,52992 CbN4 Breaker Cap Cacwt Breaker Tom% 2.153.90 195390 2.15390 Debttiluocs 0.505791. 544.91 318.67 166.24 Circuit Brake, Cap 2.69881 2.332.57 2,320.14 Net Treat A55essed Taxes Tax Tax Year Value Due Abated Paid 1 10],75350 2698.81 116889 1.52992 2 107]53.50 2.69881 116889 1529.92 3 107]5150 2.69881 116889 1,52992 4 107.753.50 2.69061 1.16809 1.52992 5 10735350 2.69881 1.16889 1529.92 5yea, miss. 13.49405 5.84466 ]649 59 'This schedulela for estimation pulposes only and assumes constant tax rates The True lax values vrlll ultimately be determined by the actual assessed valuation and the, Men current tax fates 'Tax Abated is capped at 574.880 of assessed value of structures only and does nol mUude and assessed value - "Tax Paid is Calculated using Me difference beereen actual assessed valve of structure and maximum scaled ,ortmn of S74.B80 and adding back the land assessed valve 24 r 4.689.360rrma., 11a2 ra. art -e- 24 rax+ a N .Pa ar AOa, I- ,Gla- 28.053 36.718 28.053 36.718 28,053 36.718 28.053 36.718 28.053 36.718 140.267 183.590 227 W. Jurlssou Roul.. i:vmu) Slll I I. 1400S. Socrll BrNH, IN 46601 -1830 CITY OF SOUTFI BEND PETE Bur rIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUTIVE DIRECTOR TAX ABA TEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: KATHY HAHN PrioNti: 5741235-9371 FAX: 574235 -9021 SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR: LINCOLN PARK DEVELOPMENT LLC DATE: May 7, 2014 On May 6, 2014, a petition for residential tax abatement consideration for 24 lots in the Lincoln Park Neighborhood was filed with the City Clerk by Anne Mannix. Pursuant to Chapter 2, Article 6, Section 2 -77.1 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Community Investment for purposes of investigation and preparation of a report determining whether the area qualifies as a Residentially Distressed Area pursuant to I.C.6 -1.1 -12.1 and whether all zoning requirements have been met. The Department of Community Investment has reviewed the petition (a copy of which is attached), investigated the area, and makes the following report. PROJECT DESCRIPTION The petitioner intends to construct 24 single family home on vacant lots at a cost of $4,689,376. The homes will consist of a mix of 2, 3, and 4 bedroom units and will have basements and garages. The homes will be part of a housing cooperative and will provide affordable rents to low income families who are at 60% or less AMI. The homes will amount to a total of 28,814 square feet of residential living space. The lots being developed are equal to 3.4 acres. The project addresses the housing goals set forth in the Lincoln Park Revitalization Plan and will serve as a catalyst to further redevelopment in the area. The project also addresses the City's goals regarding vacant and abandoned homes by returning residential opportunities to an established neighborhood. The homes will also be built with a PLANNING NFAMBORHOOU Brsrm.ss DF.\'ej.orwex r EcoNo.. Im RESOURCES Jn1\ KAJ� PA%mLA C. MI-) eR Coals Flrl )mi BRoc*x 7E.Ea number of green elements that will provide for long term sustainability and affordability. South Bend Common Council RE: Lincoln Park Development LLC May 7, 2014 Page 2 Total taxes to be abated during the (5) five -year abatement period are estimated to be 55,844 per, home or $140,267 for the project. Total taxes to be paid during the (5) five -year abatement period are estimated to be 57,650 per home or $ l 83,590 for the project. ABATEMENT QUALIFICATION 1. A review of the tax abatements previously granted finds that the petitioner has not been associated with or been granted any previous tax abatements. 2. The Building Commissioner has reviewed this petition and finds the property to be properly zoned for the proposed project. 3. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the qualifications for a (5) five -year residential tax abatement under Section 2 -77.1, Single Family Residential Construction. Table of Contents Filed in ±rgr;... Office E � W4 JOHN v Q �= CITY CLERK, SOUT H LEND, IN 1. City of South Bend Tax Abatement Forms 2. Proposed Unit Plans 3. Proposed Site Plans 4. Exhibit A: Lot List and Corresponding Legal Descriptions 5. Exhibit B: Site Map 6. Exhibit C: Current Site Photos 7. Exhibit D: Address and Parcel ID List Including Two Years of Property Taxes and Current Assessed Value CITY OF SOUTH BEND, INDIANA PETITION FOR RESIDENTIAL TAX ABATEMENT CONSIDERATION The undersigned owner(s) of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for Residential Real Property tax abatement consideration and pursuant to I.C. 6.1.1. 12.1.1, et sect., and South Bend Municipal Code Sec. 2.76 et sea., for this petition state the following: 1. Describe the proposed construction project, including information about square footage, number of rooms, number of stories, other amenities such as finished basements and garages, the amount of land to be used, the proposed use of the improvements, and a general statement as to the importance of the project (use additional sheet for long project descriptions): The project will consist of 24 single family homes in the City's Lincoln Park Neighborhood. The homes will consist of a mix of 2, 3 and 4 bedroom units and will have basements andgarages. Attached are proposed unit plans and site plans for the majority of the lots involved. The homes will be part of a housingcooperative and willprovide affordable rents To low income families who are at 60% or less AMIL The homes will amount to a total of 28,814 square feet of residential living space. The lots being developed are equal to 3.4 acres. This project addresses the housing goals set forth in Lincoln Park Revitaliza0on Plan and will serve as a catalyst to further redevelopment in the area. The project also addresses the City_g — b __________ _____________ ______________ City's goalsregarding vacant and abandoned homes by returning residential opportunitiesto an established neighborhood. 2. Estimate the dollar value of the construction project (do not include land cost): $__ 4,689,376 The real property for which tax abatement consideration is petitioned (Property) is owned or to be owned by the following individual(s) or corporation(s) (if the business organization is publicly held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): Name Address Interest Lincoln Park Development, LLC 724 W Washington South Bend IN 46601 Owner 4. The commonly known address of the Property is: please see attached sheet with parcel address and tax id and having tax ________________ _____ key no.:____ Exhibit D ____ ___________ (use additional sheet for multiple addresses or key numbers). 5. A legal description of said Property(s) is attached hereto, marked Exhibit A, and is incorporated herein. 6. A map and /or plat indicating the location of the Property(s) is attached hereto, marked Exhibit B, and is incorporated herein. 7. Photographs of the Property(s), taken within two (2) weeks of the filing of this petition, are attached hereto, marked Exhibit C, and incorporated herein. $54,600 (exhibit D breaks down by parcel ) 8. The current assessed valuation of the property before construction is $_____________ (use additional sheet for multiple addresses). (Information may he obtained from the St. Joseph County Assessor's Office, 235. 9523). 9. List the real property taxes paid at the location during the previous two years, whether paid by the current owner or a previous owner (use additional sheet for multiple addresses): Please see Exhibit D _ ____________ _______________________________ __________ Property taxes paid during the last two years have been paid by current owner. (This information may he obtained from the St. Joseph County Treasurers office, 235.9531) 10. What is your best estimate of the after completion market value of the property: $_____ 4,689,376 (Rev. 5/ 13/ 11) 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) CITY OF SOUTH BEND, INDIANA REQUIREMENTS FOR ALL PETITIONERS SEEKING SINGLE - FAMILY RESIDENTIAL DEVELOPMENT REAL PROPERTY TAX ABATEMENT CONSIDERATION FOR MULTIPLE PARCELS As a condition of granting a petition which seeks single - family residential real property tax abatement consideration for development of multiple parcels in the City of South Bend, Indiana, the petitioner seeking such abatement pursuant to the applicable provisions of the Indiana Code, the Indiana Administration Code and the South Bend Municipal Code must additionally agree to the following: 1. Filing Requirement with the Office of The City Clerk: File with the Office of the City Clerk, 4` Floor County -City Building, South Bend, Indiana 46601, prior to the South Bend Common Council taking final action on a petitioner's Confirmatory Resolution for single - family residential construction where multiple parcels are involved and which is specifically addressed in § 2 -77 of the South Bend Municipal Code, the petitioner's written information statement to be given to all individuals inquiring about any parcels in the petitioned area. 2. Required Contents of Information Statement: Said information statement must be on the petitioner's official stationary which lists their business name, street address, city, state and zip code, telephone and facsimile numbers, email address if any, and contact person(s) and which must include the following: • Official name of the development as listed in the documents of record with the Office of the City Clerk of South Bend, Indiana • A map of the development addressed by the abatement listing the property key number for the parcel in question as well as its street address • Verification of the number of years granted by the tax abatement and the month/year the final action was taken by the South Bend Common Council • Verification and confirmation of the abatement's maximum dollar amount of the assessed value of the improvements on the parcel in question and a statement that the assessed value of the land is not abated • Verification of the petitioner (developer's) duties with regard to the Statement of Benefits form (SB -1) • Verification of the proposed property owner(s)' duties with regard to the FORM 322/RE which must be completed and filed by the owner and builder after completion of the home and prior to occupancy, with said form being attached to the Information Statement (Rev. 5/13/11) (Rev. 5/13/11) • An attachment of the Confirmatory Resolution which approved the abatement in question • Inclusion of contact information, including but not limited to: Department of Community and Economic Development Division of Economic Development 1200 County-City Building South Bend, Indiana 46601 (574) 235 -9371 (574) 235 -9021 Facsimile St. Joseph County Auditor's Office 2nd Floor County-City Building South Bend, Indiana 46601 (574 235 -9668 (574) 235 -5024 Facsimile Office of the City Clerk 4d' Floor County-City Building South Bend, Indiana 46601 (574) 235 -9221 (574) 235 -9173 Facsimile 3. Required Filing of All Revised Information Statements: Any Information Statements which are revised should be filed with of Office of the City Clerk as soon as practicable by the petitioner /developer and in no event filed later than their first use with prospective property owners in the affected tax abatement area. I Anne Mannia , the petitioner of record seeking single - family residential development real property tax abatement consideration for multiple parcels in the City of South Bend, Indiana, for the abatement commonly referred to as South Bend Mutual Homes hereby acknowledges the requirements set forth herein and agree to abide by such conditions. Member, Lincoln Park Development, LLC (Signature) Typed Name of Record Anne Mann"v Address and Telephone Number of Record -� -+a q w was h: nqrow 5+ -550 u jht �i nG( 1 I�! Ll late u 1 nature W er�cl y rn" (!5744) cO b 8 - it 3 U el Typed Name and Officia Capacity Dwe_loprn� + Moxiaje,- Address and Telephone Number � 33 l� �sl. ^ ¢-e n Si- -Sou 4N q U Uo 1 (54v) 03,i -911y Signed this 5 day of M 4&,.__2 o I Filed in 'z -a; Office MAR -Z 2014 CITY CLERK, BUJI H SEND, IN