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1200 CouNTY-Crrr BOLDING <br />SOUTH BEND, INDIANA 46601 -1830 <br />PHONE 574 /235 -9371 <br />FAx 574/235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />JON R. HUNT <br />May 20, 2003 ExECUTIvE DIRECTOR <br />Council Member Karl King, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Residential Real Property Tax Abatement Petition for: <br />Tibi Mihalache <br />Dear Council Member King: <br />Please find attached the Department of Community & Economic Development's report on a residential real <br />property tax abatement petition for the above referenced petitioner, for a multi - family home to be located <br />at 2701Northside Blvd. Also attached is a copy of the petition, Statement of Benefits form and supporting <br />information. <br />The report contains the Department's findings relative to the above petition. Tibi Mihalache proposes to <br />build a new multi - family, two story quad plex of 3840 sq.ft. with 1 & 2 bedroom, a full bath on a full <br />basement. The cost of the new multi - family property is estimated to be around $200,000. The project meets <br />the qualifications for a five (5) year residential real property tax abatement and Mr. Mihalache will be <br />available to meet with the Committee on Tuesday, May 27, 2003. <br />Should you or any of the other Council members have any questions concerning the report or need additional <br />information, please feel free to call me at 235 -5828. <br />in rely, <br />% <br />Michael Beitzinger <br />/ ~J <br />Economic Development Specialist <br />Attachments <br />c: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Don Inks <br />� <br />SeB 5 3 i�v `�'e s 'ed fice <br />s <br />EMAY 42 1 2003 <br />CrtY CLERK, go. aE"s4C, Sk. <br />COMMUNm DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br />PAMELA C. METER DONALD E. INKS MANAGEMENT <br />5741235 -9660 5741235 -9371 ELIZABETH LEONARD <br />FAx: 574/235 -9697 5741235 -9371 <br />