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TAX ABATEMENT REPORT <br />TO: SOUTH BEND COMMON COUNCIL <br />FROM: BROCK ZEEB <br />SUBJECT: RESIDENTIAL REAL PROPERTY TAX ABATEMENT PETITION FOR: <br />Jeffrey Szalay and Amber O'Brien <br />DATE: January 20, 2016 <br />On Thursday, January 7, 2016, a petition from Jeffrey Szalay and Amber O'Brien was <br />received and subsequently filed with the City Clerk for residential ' real property tax <br />abatement consideration for a single - family home. Pursuant to Chapter 2, Article 6, <br />Section 2 -84.2 of the Municipal Code of the City of South Bend, this petition was referred <br />to the Department of Community Investment for purposes of investigation and preparation <br />of a report determining whether the area qualifies as an Economic Revitalization Area <br />pursuant to I.C.6 -1.1 -12.1 and whether all zoning requirements have been met. <br />The Department of Community Investment has reviewed the petition (a copy of which is <br />attached), investigated the area, and makes the following report. <br />PROJECT SUMMARY <br />➢ (1) One single - family home at an approximate net assessed value of $62,910 <br />➢ New total taxes during five year abatement period — $8911 <br />➢ Estimated taxes being abated during five year abatement period — $8809 <br />➢ Total taxes to be paid during five year abatement period — $102 <br />ABATEMENT QUALIFICATION <br />1. A review of the tax abatements previously granted, finds that the petitioner has not <br />been granted or associated with any previous abatements. <br />2. The Building Commissioner has reviewed the petition and finds the property to be <br />properly zoned for the proposed project. <br />3. A review of the South Bend Redevelopment designation areas finds that the property <br />is not located in a designated Development Area. <br />4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner <br />meets the qualifications for a (5) five -year residential property tax abatement under <br />section 2 -77.1, Single Family Residential Construction. <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />Jim KAIN PAMELA C. MEYER CHRIS FIELDING BROCK ZEEB <br />