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o`�s�U', ►Hj��'`►'d <br /> iZOO COUN'IY-CTI"YBUILDING ���..\ ��j d PxoNE 574/235-9371 <br /> � �. \� ,�,, �� ., <br /> 227 W.JeFFEasorr Bovc.EVnxn �� p�p�E � � F.vc 574/235-9021 <br /> w ���._\�� , ,,/,�`l a <br /> � $OUTH BEND,IN�v,Nn 46601-1830 �^��/;.����� ��'a� <br /> i, <br /> 1865 <br /> CITY OF SOUTH BEND STEPHEN,J. LUECKE,MAYOR <br /> COMMUNITY �L ECONOMIC DEVELOPMENT <br /> JEFFREY V. GIBNEY <br /> EXECUTIVE DIRECTOR <br /> February 17, 2011 <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: Personal Property Tax Abatement Petition for: <br /> Global Parts Network, LLC <br /> Dear Council Member Rouse: <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 project calls for the acquisition and <br /> installation of equipment to establish a new manufacturing/distribution facility to be located at 5102 Dylan <br /> Drive. <br /> The report contains the Department's findings relative to the above petition. The equipment will be used to <br /> manufacture/distribute brake shoes and other parts for the heavy duty truck market.The project cost for the <br /> equipment is estimated at $2,075,000. The project meets the qualifications for a (5) five-year personal <br /> property tax abatement and a representative from Global Parts Network will be available to meet with the <br /> Committee on Monday, February 28, 2011. <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 /> d►�>1�7 °✓r/'tt���?E'' <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 /> Don Inks <br /> COMMUNITY DEVELOPMENT ECONOM[C DEVELOPMENT FINANCIAL HL PROGRAM <br /> PAMELA C.MEYER DONALD E.INKS MANAGEMENT <br /> 574/235-96G0 574/235-9371 EctznoeTH LEONARD <br /> Fnx: 574/235-9�69 574/235-9371 <br />