Laserfiche WebLink
o�sou TH <br /> F dx <br /> :J b <br /> W eFacE � � <br /> y� a 1, a2 <br /> 1865 <br /> Office of the Mayor <br /> NEWS RELEASE <br /> September 11, 2007 <br /> 1 P.M. <br /> Builder plans new single-family homes near downtown <br /> Contact: Mikki Dobski, Director of Communications&Special Projects, 235-5855 or 876-1564 <br /> At a time when the rate of new home construction nationwide is plunging, falling by <br /> nearly one-fifth in the Midwest alone, a South Bend developer plans to build six new <br /> homes on vacant property in an established neighborhood near downtown. <br /> The South Bend Common Council unanimously approved a request Monday for <br /> residential property-tax abatements to assist in the construction of six single-family <br /> homes in an urban infill development near Notre Dame Avenue and Wayne Street. <br /> Kendall-Weiss LLP, 828 E. Jefferson Blvd., will spend $1.17 million to build the six <br /> 1,800-square-foot homes. Each will consist of three bedrooms, a basement and an <br /> attached two-car garage. Anticipated per-home cost is $195,000. <br /> "This infill residential development is vital to the city and represents a key objective of <br /> City Plan. These houses, located between Howard Park, our first city park, and <br /> Sunnymede, one of our most popular urban neighborhoods will draw more residents to <br /> the city," said Mayor Stephen J. Luecke. "The City of South Bend is excited to be <br /> involved in this partnership with Kendall-Weiss Homes —a sign of other housing efforts <br /> to come." <br /> The requested five-year tax abatement totals $61,572 or $10,262 per home. Kendall- <br /> Weiss still will pay taxes of$8,616 per home or $51,697 in total over the five-year <br /> period. The city also will replace water service taps and share in the cost of sewer lateral <br /> repairs or replacements. <br /> "This abatement is being sought in order to develop underutilized and/or vacant <br /> properties within the city," said Brian Miller, vice president of operations for Kendall- <br /> Weiss LLP. "The abatement will aid in attracting residents to this area, which in turn will <br /> increase the city's population and tax base. Also, such infill development has the <br />