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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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Template:
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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City of South Bend, Small Business Association Sections 503 and 504 financing <br />through the Business Development Corporation of South Bend, Mishawaka, and <br />St. Joseph County, Indiana, Industrial Revolving Fund, Neighborhood Business <br />Development Corporation, Corporation for Entrepreneurial Development; or <br />other public financial assistance, including but not limited to public works <br />improvements. <br />A $10,000 donation from the City of South Bend (letter attached) and federal Low Income <br />Housing Tax Credits (Section 42 of the IRS Code) in the estimated amount of $724,000. <br />30. The following person(s) should be contacted as Petitioner=s agent regarding <br />additional information and public hearing notifications: <br />Name: Bill Hollingsworth <br />Address: 12873 Tradd St, 3A <br />City, State, Zip: Carmel. IN 46032 <br />Telephone: 317-557-9442 <br />31. Please indicate the name, address, and telephone number of the person who <br />will work with Employment Training Services (ETS) for employee recruitment, <br />and sign the ETS form attached to the petition if the real tax abatement is for <br />warehouse or industrial developments. <br />Name: <br />Address: <br />City, State, Zip: <br />Telephone: <br />WHEREFORE, Petitioner requests that the Common Council of the City of South <br />Bend, Indiana, adopt a declaratory resolution designating the area described herein <br />to be an economic revitalization area for purposes of tangible real property tax <br />abatement consideration, and after publication of notice and public hearing, <br />7 <br />(Rev 12/29/06) <br />
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