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1200 ~',OUNTY-CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />PHONE 574/ 235-9371 <br />FAx 574/235-9021 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY ~ ECONOMIC DEVELOPMENT <br />,JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />December 28, 2010 <br />Council Member Timothy Rouse, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Commercial Real Property Tax Abatement Petition for: <br />SBG REALTY, LLC <br />Dear Council Member Rouse: <br />Please find attached the Department of Community & Economic Development's report on a <br />commercial real property tax abatement petition from the above-referenced Petitioner for property <br />they intend to purchase that is identified as vacant Lot l OA HG Baus Centre Phase One First Replat. <br />Also attached is a copy of the petition, Statement of Benefits form, and supporting information. <br />The report contains the Department's findings relative to the above petition. The Petitioner, SBG <br />Realty, LLC, proposes to construct a 50,000 square foot manufacturing facility for one of the <br />Petitioner's tenants which will be South Bend Gear, LLC. A representative of the Petitioner will be <br />available to meet with the Committee on Monday, January 10, 20l 1. <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 meat 235-9278. <br />Sincerely, <br />a~~,t~ <br />Kathy Hahn <br />Economic Development Specialist <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeff Gibney <br />Don Inks <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SC PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />574/235-9660 574/235-9371 ELIZABETH LEONARD <br />Fax: 574/235-9469 574/235-9371 <br />