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1200 COUNTY-CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />PHONE 574/235-9371 <br />FAx 574/235-9021 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY HL ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />August 1, 2007 EXECUTIVE DIRECTOR <br />Council Member Derek Dieter, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Personal Property Tax Abatement Petition for: <br />Imagineering Enterprises, Inc. <br />Dear Council Member Dieter: <br />Please find attached the Department of Community & Economic Development's report on a personal <br />property tax abatement petition for the above-referenced petitioner for installation of new equipment <br />at 3722 Foundation Court, South Bend. Also attached is a copy of the petition, Statement of Benefits <br />form, and supporting information. <br />The report contains the Department's findings relative to the above petition. The petitioner, <br />Imagineering Enterprises, Inc. proposes to buy a 59,000 square foot building and to install $3.5 <br />million of new equipment. The total cost of the prof ect is estimated to be $5.1 million. hnagineering <br />Enterprises, Inc. is seeking a (5) five-year personal property tax abatement, and a representative of <br />Imagineering Enterprises, Inc. will be available to meet with the Committee on Monday, August 20, <br />2007. Should you or any of the other Council members have any questions concerning the report, or <br />need additional information, please feel free to call me at 235-9278. <br />Sincerely, <br />~-1~-~ <br />a <br />Kathy Hahn <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke Don Inks <br />Jeff Gibney Bob Mathia <br />COMMLRdITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL ~ PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />574/235-9660 574/235-9371 ELIZAISETH LEONARD <br />FAx: 574/235-9697 574/235-9371 <br />