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RE: Tax Abatement for Patterson Logistics Services, Inc. (Consolidated) <br />February 8, 2010 <br />Page 3 <br />3. A review of the South Bend Redevelopment designation areas finds that the property is located <br />in .the Airport Economic Area, which is a Tax Incremental. Allocation Area; therefore, the <br />petitions for real and personal property tax deduction must first be approved by the South Bend <br />Redevelopment Commission. <br />4. A review of Tax Abatement Ordinance Number 9394-03 finds that the petitioner meets the <br />qualifications for up to an eight-year real property tax abatement under Section 2-79, Warehouse <br />Development in the City-wide District and a (5) five-year personal property tax abatement under <br />section 2-84.2, Tangible Personal Property Tax Abatement. <br />