Confirming Tax Abatement - West Jefferson Bissell and Vacant Lot Bissell - Habitat for Humanity

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10. What is your best estimate of the after completion market value of the property; $85,000 per house. 11. No building permit has been issued for construction on the property in connection with the improvement in question as of the date of filing of this petition. The Uuilding permit may be issued after the South Bend Common Council has approved the Declaratory Resolution. (Tax abatement is not available if a Uuilding permit has already Ueen issued). The signature below is verification of this statement. 12. List other anticipated public financing for the project, including any assistance to be sought or already authorized through the United States Department of Housing and Urban Development funds from the City of South Bend, South Bend Housing Authority, Housing Assistance Office, St. Joseph Cotmry Housing Consortium or other public financial assistance, including but not limited to public works improvements: A portion of these homes will be partially underwritten by a SHOP Brant written throus~h Habitat for Humanity International and funded Uy HUD. Likewise, several mortgages on select homes will be subsidized Uy AffordaUility Grants provided b~St. Toseph County Housine Consortium. 13. Describe how the property has become undesirable for or impossiUle of normal development because of a lack of development, cessation of growth, deterioration of improvements or other factors which have impaired values and prevent a normal development of the property: In the West Jefferson neiehborhood, more than 20% of the lots are vacant. A substantial number of the houses in this area are in need of minor or major reuairs to make them at least "standard" housing. As well, both properties exist within Low-Income Housing Tax Credit Qualified Census Tracts. These are federally designated reeions which have been identified as financiallypressed with a significant percentaee of residents who live Uelow the poverty line. 14. The current use of the property is Vacant and the current zoning is SF2 Single Family . (This information maybe obtained from the Building Department 235-9553) 15. The property is located in the following Allocation Area (if any) declared and confirmed by the South Bend Redevelopment Commission (requiring approval of the tax abatement Uy the Redevelopment Commission): Both efferson properties are located in the West Washineton Chapin Development Area. Both Bissell Properties are located in the Northeast Neiehborhood Development Area. 16. The following person should Ue contacted as the petitioner's agent regarding additional information and public hearing notifications: Name: Violet Blosser, ?odd Tttnkins Address: Habitat for Humanity, 402 E. South Street City, State, Zip: South Bend, IN, 46601 Telephone: 5 74-288-6967 WHEREFORE, Petitioner has paid the required fee of $50.00 and requests that the Common Council of the City of South Bend, Indiana, adopt a declaratory resolution designating the area described herein as a residentially distressed area for the purposes of real property tax abatement consideration, and after publication of notice and public hearing, determine that the qualifications for a residentially distressed area have been met and confirm such resolution. Fr! d ~ ~l~~'~'s Q~~~ee p~AR - 8 2001 JQl3Yi ~'CrJRDE CTFY CLEai~, ~0_~~ Name of Property Owner(s): Habitat for Humani of St ose h Coun -- - -- - ~1---------- ---- David Hatch, Executive Director (Typed or printed name and capacity) 2