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LF <br /> c,e CITY IaeS © I <br /> M <br /> CITY OF SOUTHBEND <br /> COMMUNITY INVESTMENT <br /> ,JAMES MUELLER, EXECUTIVE DIRECTOR <br /> July 2,2018 <br /> Council Member Gavin Ferlic,Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend,IN 46601 <br /> RE:Multifamily Real Property Tax Abatement Petition for: Historic Lincoln Way West Homes,L.P. <br /> Dear Council Member Ferlic: <br /> Please find the attached information pertaining to a real property tax abatement petition submitted by <br /> Lincoln Way West Homes,L.P.to renovate a former brewery building located at 1636 Lincoln Way West <br /> Street, South Bend. The building will be converted to a residential structure with 22 apartments and <br /> common spaces for resident use.This petition package includes: <br /> ➢ Department of Community Investment's summary report <br /> ➢ Petition <br /> ➢ Statement of Benefits form <br /> ➢ Supporting information. <br /> The report contains the Department's findings relative to the above petition. The petitioner proposes to <br /> renovate the building with estimated cost of$6,404,000. The project meets the qualifications for a(10) <br /> ten-year multifamily property tax abatement and a representative from Historic Lincoln Way West Homes, <br /> L.P.will be available to meet with the Committee on Monday,July 9,2018. <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 235-5823. <br /> Since el , <br /> Danie Buckenmeyer <br /> Director Business Development <br /> DANIELJ.BUCKENxIEYER ALKEYNA ALDRIDGE PAMELA MEYER TAI CORCORAN <br /> BUSINESS DEVELOPMENT ENGAGEMEN r&ECONOMIC Dapo ERMENT NEIGHBORHOOD DEVELOPMENT PLANNING&COM,b[UNrrY RESOuRCES <br /> EXCELLENCE i ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT <br /> 1400S County-City Building i 227 W.Jefferson Blvd.I South Bend,Indiana 466011 p 574.235.93711 www.southbendin.gov <br /> I <br /> y <br />