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1200 CGLiN'IY-~,ITY BUfLDNG <br />227 W JEFFERSON 130L'LEVAR[) <br />$OU'fli BEND, INDIANA 46601-1830 <br />PrroNE 574/ 235-9371 <br />F,ti~c 574/ 235-90Z 1 <br />'I'DD 574/235-5567 <br />CI'CY OF SOU"I'H BEND STEPHEN J. LUECI:E, MAYOR <br />COMMUNITY SL ECONOMIC DEVELOPMENT <br />-JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <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 full 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 fora (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 />inn Tnkc <br />COMMUNCCY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL. 8C PROGRAM <br />Pr~MELA C. MEYFR l~oti:aLn E. INr, MANA<;GhIEN'I' <br />5?4/235-9660 i74l2g5-'1371 F.uz~BE~rt~ L.EO"lA2D <br />FAX: 574!335-9697 5?4/_'i5-9,171 <br />