Declaring certain portions of the downtown area of South Bend to be an Urban Development Area relating to the River Glen Office Plaza

Home Browse Search

RIVER GLEN OFFICE PLAZA ASSOCIATES 3043 N. Norway Maple Court South Bend, Indiana 46638 Telephone 232 -4845 October 3, 1979 The South Bend Common Council County -City Building South Bend, Indiana 46601 Gentlemen: Re: Application for Urban Development Area for purposes of I.C. §6 -1.1- 12.1 -1 through I.C. §6 -1.1- 12.1 -6 inclusive. River Glen Office Plaza Associates Project By this letter, we submit application for the 10 year Urban Development Area tax abatement on real estate to be purchased by this applicant located in the downtown South Bend area commonly known as Block 6, South Bend, Indiana, pursuant to the purposes of I.C. §6 -1.1- 12.1 -1 through I.C. 96 -1.1- 12.1 -6 inclusive. The improvements to be constructed will consist of a gross 34,866 square feet of office space. The project cost is estimated at $1,965,560.00. The tax abatement will provide necessary economic stimulus to the successful marketing and management of the project. The applicant is negotiating its leases for the office facility with two national corporations. It is estimated that this facility will provide forty new jobs in the South Bend area, with an annual payroll of $600,000.00. If you have any questions concerning this application or the project, please contact the undersigned. Thank you for your consideration of this application. Si 1 Charl s G. Clark General Partner cc Mr. Carl Ellison South Bend Redevelopment Commission