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Filed in Clerk's Office <br /> ii$ov�>i MAY 7 2� 5 <br /> U `�'' CITY OF SOUTH BEND Bianca Southirado <br /> City Clerk, Bend, IN <br /> ''. -l' COMMUNITY INVESTMENT <br /> x � <br /> f tlti.i <br /> May 7, 2025 <br /> Council Member Troy Warner <br /> Chairperson, Community Investment Committee <br /> South Bend Common Council <br /> County-City Building, 4'h Floor <br /> South Bend, Indiana 46601 <br /> RE: Confirming Resolution: Multi-Family Development Real Property Tax Abatement for <br /> Allen Edwin Residential Builders, LLC <br /> Dear Council Member Warner, <br /> Please find the enclosed Confirming Resolution and Memorandum of Agreement for a multi- <br /> family development real property tax abatement for Allen Edwin Residential Builders LLC, an <br /> Michigan Limited Liability Company. The petitioner intends to build on the property at 603-621 <br /> W. Marion Street; 515-517 Leland Avenue sixteen (16) new rental housing units in the form of <br /> single family, duplex, and cottage court style housing. Allen Edwin's goal is to build quality infill <br /> housing which is desirable and affordable to area residents. <br /> The total investment for this project is $2,496,534. The project meets the qualifications for an <br /> nine-year(9) multi-family development real property tax abatement. <br /> A representative from Allen Edwin Residential Builders, LLC, will be available to meet with the <br /> Committee on Monday, May 12, 2025. <br /> Should you or other Council members have questions about the report or need additional <br /> information, please feel free to call me at (574) 245-6022 <br /> Sincerely, <br /> Joseph Molnar <br /> Assistant Director, Growth and Opportunity <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227 W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 wwwsouthbendin.gov <br />