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1200 County -City BWding, 227 West Jefferson, South Bend, lndlana 46601.1830 *Phone 574/235 -9371 *Fax 574/235 -9021 <br />To: South Bend Common Council <br />From: Bob Mathial <br />Subject: Stanz Foodservice Petition for Personal Property Tax Abatement <br />Date: July 17, 2008 <br />Due to insufficient information and deadlines at the time of preparation, the report for the subject tax <br />abatement petition did not contain the estimated amount of property tax to be abated and paid during <br />the five -year term of the abatement. The necessary information has since been received and the <br />estimates are provided below and in the attached tables. <br />Total taxes to be abated during the (5) five-year abatement period are estimated at $16,119. Total <br />taxes to be paid during the (5) five -year abatement period are estimated at $136,325 <br />MemoToCommon Council.7.17.08 Wh8t We 00 roday Makes A Difference P <br />