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1200 COUN1_Y -CI'cv 13k n.niN(, <br />227 W. Ju Fc.RsoN BOULEVARD <br />SOUTH BEND, INDIANA 46601 -1830 <br />PIK)N1' 574/235-9371 <br />FAx 574/235 -9021 <br />I DD 574/ 235 -5567 <br />C1 cir Sc>a1-H BI NI) STEPHEN J. 1AA C I , MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />JEFFREY V G1I3NEY <br />E.XF.C1 l Ivi' DIRECTOR <br />TAX ABATEMENT REPORT <br />TO: SOUTH BEND REDEVELOPMENT COMMISSION <br />FROM: BOB MATHIA 9 <br />SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR: <br />QUEENAN, JOSEPH & CAROLYN <br />DATE: January 6, 2009 <br />On January 6, 2009, a petition for residential tax abatement consideration for real property located at 912 <br />North St. Peter Street was filed with the City Clerk by Joseph and Carolyn Queenan. Pursuant to Chapter 2, <br />Article 6, Section 2 -77.1 of the Municipal Code of the City of South Bend, this petition was referred to the <br />Department of Community and Economic Development for purposes of investigation and preparation of a <br />report determining whether the area qualifies as a Residentially Distressed Area pursuant to LC.6 -1.1 -12.1 <br />and whether all zoning requirements have been met. <br />The Department of Community and Economic Development has reviewed the petition (a copy of which is <br />attached), investigated the area, and makes the following report. <br />PROJECT DESCRIPTION <br />Joseph and Carolyn Queenan intend to construct a 2,300 square foot, single - family, owner- occupied home. <br />The home will be two stories. It will have three bedrooms and three bathrooms, a front porch, a finished <br />basement and a two -car garage. The project is part of the Notre Dame Avenue Housing Program and as <br />such will follow the design specifications and standards specified by the University's architect. The cost of <br />the home will be approximately $345,000. Total taxes to be abated during the (5) five -year abatement <br />period are estimated at $2,336. Total taxes to be paid during the (5) five -year abatement period are <br />estimated at $17,736. <br />COMMUNR'YD[.wi OPMCN1 B.CONOMI<- DISvii0i'MINI FINANCIAL& PROGRAM <br />PANII.A C. M1 Yi R Dona: t, E. kLk MANAGWI4NT <br />5741235 -9660 574/235 -93 -1 1:.11zAM [r i I II1NAR11 <br />P,�X: 5741'35 -9697 574/`35 -9371 <br />