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TH <br /> o45°u 8�d FtAPR k's Office <br /> U ✓p <br /> W 2018 <br /> PEACE <br /> aZ <br /> x x <br /> 1865 KAREE101AH i OWLE_R <br /> CITY OF SOUTHBENDC11-YCLERK,SOUTH BEND,IN <br /> COMMUNITY INVESTMENT <br /> JAMES MUELLER, EXECUTIVE DIRECTOR <br /> April 18, 2018 <br /> Council Member Gavin Ferlic, Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend, IN 46601 <br /> RE: Real Property Tax Abatement Petition for: Franklin Street Technology Park, LLC <br /> Dear Council Member Ferlic: <br /> Please find attached the Department of Community Investment's report on a real property tax <br /> abatement petition for the above-referenced petitioner. Also attached is a copy of the petition, <br /> Statement of Benefits form, and supporting information. The project calls for the construction of <br /> three office buildings,located at the intersection of Sample Street and Franklin Street, South Bend. <br /> The report contains the Department's findings relative to the above petition. The total cost for the <br /> construction is estimated at $3,000,000 over a four year period. The project meets the <br /> qualifications for an eight-year real property tax abatement and a representative from Franklin <br /> Street Technology Park, LLC will be available to meet with the Committee on Monday, April 23, <br /> 2018. <br /> Should you or any of the other Council members have any questions concerning the report, or <br /> need additional information,please feel free to call me at 235-5823. <br /> Sincer y, <br /> f <br /> Daniel uckenmeyer <br /> Director of Business Development and Economic Resources <br /> DANUELJ.BUCKEN.\IEYER AI.KEYNA ALDRIDGE PANIEI.A MEYER TIM CoRCORAN <br /> BUSINESS DEVELOPMENT ENCAGETIENT&ECONOMIC EMPOWERN'IENT NEICIiIIORIIOOD DEVEI.OI'\TENT PI.,V\NING&COMNfuNITY RESOURCES <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227W.Jefferson Blvd. South Bend,Indiana 46601 p574.235.9371 www.southbendin.gov <br />