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03-08-10 Council Agenda & Packet
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03-08-10 Council Agenda & Packet
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CITY OF SOUTH BEND <br />#ETITION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION <br />The undersigned owner(s) of real property, located within the City of South Bend, hereby <br />petition the Common Council of the City of South Bend for real property tax abatement <br />consideration and pursuant to II -;C., 6 -1.1- 121-1, et sag., and South Bend municipal Code <br />Sec. 2 -76 et� seg., for this petition states the following: <br />Describe the proposed redevelopment or rehabilitation project, including information <br />about physical improvements to be made, the proposed use of the improvements, and <br />a general statement as to the importance of the project to your business: <br />Construction of a new modern industrial, design- built warehousel distribution <br />facility in evelo meat Area in the Blackthorn West <br />Industrial Park, This 80,0610 s . ft. building will feature 32' clear het ht 75 docks <br />& rade level access a roximatelY 5,000 s . ft. office area and eneMy efficient <br />design Llightinm heafinqL efc. . <br />Investor's intention are to construct this facility to accommodate the relocation <br />acrd ex arnslon of existin fenanf's business "nvacare Gorp.) fronrn 7055 <br />Cleveland Road South Bernd IN 46628 and to also facilitate the prospgctive <br />purchase of rO55 Cleveland Road b Eatterson Logistics to accommodate their <br />proposed business line reloca €ions and expansion to the South Bend market as <br />prevdously �reserrfecl.. <br />Land size 6.89 acres; Building Size +1-80,000 sq. ft. <br />Describe the overall nature of the business and of the operations occurring at the <br />Property (attach additional sheet if more space is needed): <br />This newly constructed building with accommodate Invacare Con oration <br />ex ansion and relocation of their Midwest re ional distribution center <br />o2oratiotns.. <br />lrnvacare C ®r crafion is a leading manufacturer and dear` rner in the worldwide <br />home medical a ui wnt market. The company desi ns r nanufacfures and <br />distributes an e, iaensive lime Df health care roducts for the non acute care <br />environment includin the home health care retail and extended care markets. <br />3. Estimate the dollar value of the project (excluding land): $2,400,044.00 <br />4. The current assessed valuation of the real property before rehabilitation, <br />redevelopment, economic revitalization, or improvement: <br />TO 600 l of X14 039 -7036- 0590.12 <br />30 200 L2t 115 — 031 ®1036. 0590.13 <br />TOTAL 700 800 <br />(Rev 12/29106) <br />
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