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Confirming Tax Abatement - South Bend Mutual Homes, LP 1015, 1042 & 1107 Oak Street (5 Year Residential Property)
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Confirming Tax Abatement - South Bend Mutual Homes, LP 1015, 1042 & 1107 Oak Street (5 Year Residential Property)
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4/17/2015 10:17:27 AM
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4/17/2015 10:03:58 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
4/13/2015
Ord-Res Number
4436-15
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227 W. JEFFERSON BOULEVARD <br />Surn: 1400 S. <br />SouTH BEND, IN 46601 -1830 <br />March 13, 2015 <br />CITY OF SOUTH BEND PETE BUmuw, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <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 />PHONE: 574235 -9371 <br />FAX: 574235 -9021 <br />RE: Residential Real Property Tax Abatement Petition for: South Bend Mutual <br />Homes, LP <br />Dear Council Member Ferlic: <br />Please find the attached information pertaining to a residential real property tax abatement <br />petition submitted by Anne Mannix of Lincoln Park Development LLC to build 24 single - <br />family homes as part of a housing cooperative in the Lincoln Park Neighborhood. This <br />current petition includes three properties that were not part of the petitioner's 2014 <br />abatement: <br />➢ Department of Community Investment's summary report <br />➢ Copy of the petition <br />➢ Statement of Benefits form <br />➢ Supporting information. <br />The report contains the Department's findings relative to the above petition. The petitioner <br />proposes to build 24 single - family homes with an approximate assessed value of $641,520. <br />The project meets the qualifications for a (5) five -year residential property tax abatement <br />and a representative from South Bend Mutual Homes, LP will be available to meet with <br />the Committee on Monday, March 23, 2015. <br />Should you or any of the other Council members have any questions concerning the report, <br />or need additional information, please feel free to call me at 715 -0110 <br />Sincerely, <br />B oLeb <br />Director Economic Resources <br />Attachments <br />cc: South Bend Common Council Members <br />Filed In Clerk's Office <br />rAR 16 2015 <br />JOHN VOORDF <br />CITY CLERK, SOUTH BEND, IN <br />PLANNING NEIGHBORHOOD ENGAGEMENT BusINEss DEVELOPMENT ECONOMIC REsouRCEs <br />11TIN KAIN PAMELA C. MEYER CHRIS FIELDING BROCK ZEEB <br />
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