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1200 COUNTY -CITY BUILDING <br />$OUCH 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 />March 17, 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 />South Bend Heritage Foundation <br />Dear Council Member King: <br />Please find attached the Department of Community & Economic Development's report on a residential <br />real property tax abatement petition for the above referenced petitioner, for three new single family homes <br />to be located at 1138 Hill Street, 711 St. Peter Street and 713 St. Peter Street. Also attached is a copy <br />of the petition, Statement of Benefits form and supporting information. <br />The report contains the Department's findings relative to the above petition. South Bend Heritage <br />Foundation proposes to build four new homes on the above identified lots. The homes will be built by <br />Garden Homes by E.L., Inc. and will be between 1,036 and 1,300 sft each with three bedrooms, two <br />baths on a full basement with a two car attached garage. The average cost for each new home is estimated <br />to be $95,000. The project meets the qualifications for a five (5) year residential real property tax <br />abatement and a representative of South Bend Heritage Foundation and /or Garden Homes by E.L., Inc. <br />will be available to meet with the Committee on Monday, March 24, 2003. <br />Should you or any of the other Council members have any questions concerning the report or need <br />additional information, please feel free to call me at 235 -5835. <br />me ely, <br />Michael Beitzinger ~- <br />Assistant Director, Di Ssion of Economic Development <br />Attachments <br />c: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Donald Inks <br />Filed In Clerk's Office <br />EMAR I A 2003 <br />LOR@TTA d. i8itf.:. <br />CITY CLERK, 80.21Rt•i�,.s C <br />COMMUNITY DEVELOPMENT ECONOMICDEVELOPMENT FINANCIAL &PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />5741235 -9660 574/235 -9371 ELIZABETH LEONARD <br />FAx: 574/235 -9697 5741235 -9371 <br />