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Confirming Tax Abatement - Vacant Land Prairie Avenue & Locust Road - Prairie Apartments Housing Partnership, LP
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Confirming Tax Abatement - Vacant Land Prairie Avenue & Locust Road - Prairie Apartments Housing Partnership, LP
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Last modified
10/17/2007 3:07:34 PM
Creation date
10/4/2007 2:25:41 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/26/2007
Ord-Res Number
3711-07
Bill Number
07-35
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vacant land <br />5. (a) The real property for which tax abatement consideration is petitioned (Property) is owned <br />or to be owned by the following individuals or corporations (if the business organization <br />is publicly held, indicate also the name of the corporate parent, if any, and the name under <br />which the corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST (%) <br />Bruno & Rosa Cataldo 2610 Prairie Ave. 100% <br />(b) The following other person(s) lease, intend to lease, or have an option to buy the Property <br />(include corporate information as required in 5(a) above, if applicable); <br />NAME ADDRESS INIREST(%) <br />Prairie Apartments Housing Partners. LP. 12873 Tradd St. 3A. Carmel. IN <br />46032, 100% <br />6. The commonly known address of the Property is: N/A -Vacant land <br />immediately West of Bruno's Pizza on the South side of Prairie Ave (West of Locust <br />& East of the bypass) <br />7. The Key Number(s) of said property is: 18-8153-5514 <br />8. A legal description of the above address is attached hereto, marked AExhibit <br />A,@ and incorporated herein. <br />9. A map and/or plat describing the Property is attached hereto, marked AExhibit <br />B,@ and incorporated herein. <br />10. Photographs of the property, taken within two (2) weeks of filing of this petition, <br />are attached hereto, marked AExhibit C, @ and incorporated herein. <br />11. The redevelopment or rehabilitation project itself will create 2 full-time <br />and 2 part-time permanent jobs within the first year, representing a new <br />annual payroll of $ 85,000 and will maintain 0 existing <br />permanent full-time and 0 existing permanent part-time jobs including <br />existing permanent full-time minority employment of 0 and existing <br />(Rev 10/23/06) 2 <br />
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