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1201) COUNTY-CITY BUILDING <br />2.27 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />PIIONE 574/ 235-9371 <br />FAX 574/235-9021 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY ~L ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />January 16, 2007 <br />Council Member Derek D. Dieter, 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 />SFI/LDI PARTNERSHIP <br />Dear Council Member Dieter: <br />Please find attached the Department of Community & Economic Development's report on a residential <br />real property tax abatement petition submitted by SFI/LDI Partnership to build (4) four, new, single- <br />family, villa/condominium units at 6320, 6323, 6328 and 6331 Oak Court. Also attached is a copy of <br />the petition, Statement of Benefits form, and supporting information. <br />The report contains the department's findings relative to the above petition. The petitioner proposes to <br />build the (4) four single-family, villa/condominium units at a cost of $700,000. The project meets the <br />qualifications fora (5) five-year real property tax abatement. The petitioner will be available to meet <br />with the Committee on Monday, February 12, 2007. <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 235-5825. <br />Sincerely, <br />Sharon Terrell <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeff Gibney <br />Don Inks <br />Bill Schalliol <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />574/235-9660 574/235-9371 ELIZABETH LEONARD <br />FAX: 574/235-9697 574/235-9371 <br />