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1200 Cou ry -CITE BLITI)IM: <br />227 W ]EFFER_SON BOULEVARD <br />SOL!FH BEND, INDIANA 46601 -1830 <br />Iliio4E 5741235-9-3-7) <br />Fxx 5741235 -9021 <br />TDD 57412'35 -5567 <br />CITY OF Sou'rH BEND STEPHEN J. LFFCKF, MAYOK <br />COMMUNITY COMMUNITY& EC®NOMic DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DiRF.CTOR <br />July 10, 2008 <br />Council Member Derek D. Dieter, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Personal Property Tax Abatement Petition for: <br />Stanz Foodservice, Inc. <br />Dear Council Member Dieter: <br />Please find attached the Department of Community & Economic Development's report on a personal <br />property tax abatement petition for the above - referenced petitioner. Also attached is a copy of the petition, <br />Statement of Benefits form, and supporting information. The purposed project consists of the acquisition <br />and installation of new logistical distribution and information technology equipment, including without <br />limitation, warehouse racking systems, fork lifts, pallet movement mechanisms, GPS monitoring and <br />tracking systems and related systems for use in Stanz's fWl line food service distribution business. The <br />business is located at 1840 North Commerce Drive. <br />The report contains the Department's findings relative to the above petition. The entire cost for the proposed <br />project is estimated between $300,000 to $700,000 for logistical distribution equipment and between <br />$50,000 and $150,000 for information technology equipment. The project meets the qualifications for a (5) <br />five-year personal property tax abatement and a representative from Stanz Foodservice will be available to <br />meet with the Committee on Monday, July 28, 2008. <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 <br />COMNLIINf'LY DBvF.Loi- ,mFN "r EcoNomic DWE-LOPMENT FINANCIAL & PROCRAM <br />PAMELA C. MErh.c Lloy.o.r, F. N,[: MANA61:MENT <br />5?41.�.35 -9660 W412i5 -9371 EJIZAUEr�f LF.o,farrF� <br />FAX: S74/2.3i -9697 <br />