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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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1200 COUNTY-CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />January 26, 2007 <br />PHONE 574/ 235-9371 <br />FAx 574/235-9021 <br />TDD 574! 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECICE, MAYOR <br />COMMUNITY $L ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <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: Commercial Real Property Tax Abatement Petition for: <br />PRAIRIE APARTMENTS HOUSING PARTNERS, LP <br />Dear Council Member Dieter: <br />Please find attached the Department of Community & Economic Development's report on a <br />commercial real property tax abatement petition for the above-referenced petitioner for the <br />construction of amulti-family residential facility located at 2600 Prairie Avenue. Also attached is a <br />copy of the petition, Statement of Benefits form, and supporting information. <br />The report contains the Department's findings relative to the above petition. The petitioner, Equal <br />Development, LLC proposes to construct a total of 208 one, two, three, and four bedroom units. <br />Equal Development, LLC is seeking a (10) ten-year real property tax abatement, and a representative <br />of Equal Development, LLC will be available to meet with the Committee on Monday, February 12, <br />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 />o~•~l.~t,6~~ <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 />Bob Mathia <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 />
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