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SOUTH g� <br /> 04 +1+��11,1/� �d <br /> 227 W.JEFFERSON BOULEVARD ��� PHONE:574/235-9371 <br /> SUITE 1400 S. U ����� ,,,, FAx:574/235-9021 <br /> SOUTH BEND,IN 46601-1830 <br /> W �. PEACE/� a <br /> 1865 <br /> CITY OF SOUTH BEND PETE BUTTIGIEG,MAYOR <br /> COMMUNITY INVESTMENT <br /> May 2, 2017 Filed in Clerk's Office <br /> Council Member Gavin Ferlic, Chairperson MAC' 0 2 2017 <br /> Community Investment Committee <br /> South Bend Common Council Kl�REEMfaH FOWLER CIT <br /> 4th Floor, County City Building Y CLERK, SOUTH GEND, IN <br /> South Bend, IN 46601 ---- --- - — <br /> RE: Personal Property Tax Abatement Extension for: JSK Development,Inc. <br /> Dear Council Member Ferlic: <br /> On June 22, 2015, JSK Development, Inc. was granted declaratory resolution number <br /> 4457-15 for a 9 year real property tax abatement for development to be completed in an <br /> economic revitalization area. Per Section V of the original resolution # 4457-15: "The <br /> designation as an Economic Revitalization Area shall be limited to two (2) calendar <br /> years from the date of the adoption of this Resolution by the Common Council." <br /> Due to unforeseen delays in the design stage, led primarily by the Department of <br /> Community Investment to look at the overall site plan and building elevation. The results <br /> of this additional design time will deliver a product that both the Developer and City feel <br /> is far superior to the original design and be a tremendous asset for the community for <br /> years to come. We kindly request a one (1) year extension be granted, enabling the work <br /> to be completed and for the abatement to remain active. <br /> A representative from JSK Development, Inc. will be available to meet with the <br /> Committee on May 8, 2017. <br /> Should you or any of the other Council members have any questions concerning the <br /> report, or need additional information,please feel free to contact me at 235-9278. <br /> Sin erely, <br /> Aaron Kobb <br /> Director of Economic Resources <br /> PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br /> TIM CORCORAN PAMELA C.MEYER BRIAN PAWLOWSKI AARON KOBB <br />