Laserfiche WebLink
1200 COUNTY -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 />TAX ABA TEMENT REPORT <br />TO: SOUTH BEND REDEVELOPMENT COMMISSION <br />FROM: KATHY HAHN <br />SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: <br />GVW Realty, LLC <br />DATE: June 22, 2011 <br />On June 21, 2011, a petition for real property tax abatement consideration for property identified as <br />4411 Quality Drive was filed with the City Clerk by GVW Realty, LLC Pursuant to Chapter 2, <br />Article 6, Section 2 -82 of the Municipal Code of the City of South Bend, this petition was referred to <br />the Department of Community and Economic Development for purposes of investigation and <br />preparation of a report determining whether the area qualifies as an Economic Revitalization Area <br />pursuant to I.C.6 -1 .1 -12.1 and whether all zoning requirements have been met. <br />The Department of Community and Economic Development has reviewed the petition, investigated <br />the area, and makes the following report. <br />PROJECT SUMMARY <br />The petitioner, GVW Realty, LLC intends to construct a 30,635 square foot building addition to an <br />existing building located at 4411 Quality Drive. The existing building is occupied by a tenant, Best <br />One Tire. The new addition will be occupied by another tenant, Premier Bandag #3. The new <br />addition will be primarily made of steel, masonry, and concrete materials. The estimated cost of the <br />new addition is $1,500,000. <br />Premier Bandag #3, a franchisee of Bandag and Bridgestone Commercial Services Group, recycles <br />used truck tires by retreading them for reuse primarily for semi - trucks and buses. Premier Bandag #3 <br />has operated in the area since 1989. With this project they will be relocating from a facility on Nome <br />Street in Mishawaka which involves the transfer of 15 full time positions and l part time position. <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & 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 />