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1200 COUNTY-CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />PHONE 574/ 235-9371 <br />FAx 574/235-9021 <br />TDD 574/ 235-5567 <br />COMMUNITY ~L ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />TAX ABATEMENT REPORT , ~3,~ w~ <br />'N~ a 3a~oor, NNOc <br />CONSOLIDATED INCLUDING ADDEND M <br />TO: SOUTH BEND COMMON COUNCIL ~~~ $ ~ ~3~ <br />J~~r~a01:~ u1 ~~:~~ <br />FROM; BOB MATHIA s~1~~~ <br />SUBJECT: REAL AND PERSONAL PROPERTY TAX ABATEMENT PETITIONS <br />FOR: PATTERSON LOGISTICS SERVICES, INC. <br />DATE: February 8, 2010 <br />On January 27, 2010, petitions for real and personal property tax abatement consideration for <br />property located at 7055 Cleveland Road were filed with the City Clerk by Patterson Logistics <br />Services, Incorporated. Pursuant to Chapter 2, Article 6, Section 2-82 of the Municipal Code of the <br />City of South Bend, these petitions were referred to the Department of Community and Economic <br />Development for purposes of investigation and preparation of a report determining whether the area <br />qualifies as an Economic Revitalization Area pursuant to I.C.6-1.1-12.1 and whether all zoning <br />requirements have been met. <br />The Department of Community and Economic Development has reviewed the petitions, investigated <br />the area, and makes the following report. <br />PROJECT SUMMARY <br />Patterson Logistics Services, Inc. operates distribution facilities for the company's medical, dental <br />and veterinary divisions. The Petitioner is proposing to: (a) purchase an existing 208,000 square foot <br />warehouse/distribution center that is only partially occupied; (b) construct physical improvements <br />including mechanical and electrical upgrades plus 10,000 square feet of new office and supporting <br />spaces necessary to support planned operations; (c) install logistical equipment to set up the building <br />as a distribution center. The existing building has aseven-year tax abatement on it that the Petitioner <br />intends to assume. The Petitioner is requesting up to an eight-year abatement for the improvements <br />it intends to make to the building. The cost of the construction portion of the project for the <br />improvements is estimated at $2,500,000. <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SL PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />574/235-9660 574/235-9371 ELIZABETH LEONARD <br />FAX: 574/235-9697 574/235-9371 <br />