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Designating Tax Abatement - River Race Townhomes LLC 140 Niles Ave. (9 Year Real Property)
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Designating Tax Abatement - River Race Townhomes LLC 140 Niles Ave. (9 Year Real Property)
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10/24/2014 9:11:30 AM
Creation date
7/21/2014 8:23:30 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
7/14/2014
Ord-Res Number
4374-14
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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 />July 17, 2014 <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: Real Property Tax Abatement Petition for: <br />River Race Townhomes, LLC <br />Dear Council Member Ferlic: <br />PHONE: 574/235 -9371 <br />FAX: 574/235 -9021 <br />Please remove from consideration the tax abatement for the above - referenced petitioner. <br />The project called for the construction of a mixed -use development at 122 South Niles <br />Avenue. <br />There are numerous agreements pertinent to the sale of the site. There is some ambiguity <br />in the documents. The Department of Community Investment has asked for further legal <br />review to determine if tax abatement is allowable. <br />Should you or any of the other Council members have any questions concerning the <br />report, or need additional information, please feel free to call me at 235 -9339. <br />Sincerely, <br />Brock Zeeb <br />Director Economic Resources <br />Attachments <br />cc: South Bend Common Council Members <br />Chris Fielding <br />Scott Ford <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />11TIN KAIN PAMELA C. MEYER CHRIS FIELDING DONALD E. INKS <br />
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