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CITY OF SOUTH BEND PETITION FOR <br /> REAL PROPERTY TAX ABATEMENT CONSIDERATION <br /> The undersigned owner(s) of real property, located within the City of South Bend, hereby <br /> petition the Common Council of the City of South Bend for real property tax abatement <br /> consideration and pursuant to I.C. § 6-1.1-12.1-1 et see ., and South Bend Municipal Code <br /> Section 2-76, et sue., for this petition states the following: <br /> 1. Describe the proposed redevelopment or rehabilitation project, including information <br /> about physical improvements to be made, the proposed use of the improvements, and a <br /> general statement as to the importance of the project to your business. <br /> The proposed project includes construction of a new building addition containin <br /> g2LoximatLly 30,635 square feet primarily made of steel masonry and concrete <br /> materials. This addition will expand an existing 40,000 square foot facility located at <br /> 4411 Quality Drive in South Bend which is operated by Best One Tire. The building` <br /> addition will be constructed for and leased to Premier Banda #3 Inc. "Premier <br /> Banda " . <br /> Premier Bandag, a franchisee of Bandag and Bridgestone, recycles used truck tires by <br /> retreadin them for reuse. This project involves the relocation of Premier Bandag from a <br /> facilit on Home Street in Mishawaka to South Bend. The project is vital to the future <br /> rowth of Premier Bandag because it will enhance the Cornpany_'s im_a eg_and level of <br /> services it provides to its largest.customer (Best One Tire) which will be located next <br /> door. In addition, the building addition will significantly improve the work_ing <br /> environment for our employees which should improve our overall Product quality and <br /> operational efficiencies and support continued growth in both sales and employment. <br /> Land Size 6.14 acres; Building Size 30, 635 sq. ft. (new building addition) <br /> 2. Describe the overall nature of the business and of the operations occurring at the Property <br /> (Please attach additional sheet if more space is needed): <br /> Premier Banda #3 Inc. will occupy the new building addition, Premier Banda rec eles <br /> used truck tires by removing the old tread from„the„used tires It then, after inspecting the <br /> tire casing, applies new Banda re-cure tread rubber to the casin so it can be reused, <br /> The Banda process and materials are used to retread and repair tires primarily for semi- <br /> t andag <br /> global process on a 1 basis is the most recognized retread <br /> process, with <br /> Group rand has. operated in area since–1989. This project involves the Solutions <br /> f Banda _ g <br /> s , —1 relocation of <br /> Premier Banda 's operations from Mishawaka to an ideal site in South Bend includin <br /> transfer of an estimated 15+ full time and 1 part time Position. Please see our Mission <br /> Statement (and additional information_regarding_ _our,business philosophies) attached to <br /> this Petition. — — <br />