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06-28-10 Council Agenda & Packet
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06-28-10 Council Agenda & Packet
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1200 Couwy -Cm BUILOING <br />227 W JEFFERSON BouuvARD <br />SOUTH BEND, INDIANA 46601 -1830 <br />PHONE 5741 23 5 -937 1 <br />FAX 5741235 -9021 <br />TAD 5741235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC D-EVELOPMEN`I' <br />JEFFREY V. GIBNEY <br />June 18, 2010 ExFCUT1vE DIRECTOR <br />Council Member Timothy A. Rouse, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Commercial Real Property Tax Abatement Petition for: <br />OLIVE CLEVELAND PARTNERS, LLC. <br />Dear Council Member Rouse: <br />On March 8, 2010,-the Common Council approved a Designating Resolution for a tax abatement <br />for the subject firm. At that time the firm had not completed a list of construction contractors and <br />suppliers for its proposed project as called for in the petition forms. In approving the Designating <br />Resolution it was noted that the firm would qualify for no more than a six -year tax abatement term. The <br />firm agreed to provide the required information prior to the Council considering its Confirming <br />Resolution. The project entails the construction of an 80,000 square foot building to be located on Lot <br />Nos. 14 and 15 on Vorden Parkway adjacent to 3751 Olive Road. The building will be occupied by <br />lnvacare Corporation who is vacating another building to make way for Patterson Logistics Services. <br />Olive Cleveland has now completed the list of contractors and suppliers and submitted it to me. I have <br />reviewed the information and found that the firm qualifies for a five -year tax abatement term. A copy of <br />the Public Benefit Points Summary used to calculate the abatement term is attached together with a <br />complete copy of the tax abatement petition. A representative of the firm plans to attend the Council's <br />public meeting on July 12, 2010, to present the firm's Confirming Resolution. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235 -5835. <br />Sincerely, <br />Bob Mathia <br />Assistant Director, <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeff Gibney /Don Inks <br />COMMUNITY DEVEk.oPmFNT ECONDMIC DEVELOPMENT FINANCAL & PROGRAM <br />('AMPLA C. MEYER DONALD F- INKS MANAGEMENT <br />5741235 -9664 5741235 -9371 ELIZABETH LEUNAPD <br />FAx: 574/235.9697 5741235 -9371 <br />
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