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South Bend Redevelopment Commission <br />Regular Meeting —,tune 28, 2011 <br />guidelines are for new construction only: that <br />they do not affect, in any way shape or form <br />existing buildings. Even if owners improve <br />existing buildings, they still remain <br />guidelines and not building department <br />requirements. Ms. Maradik agreed. She will <br />provide a copy of Mr. Byorni's letter for <br />Commissioners. <br />A. Tax Abatements <br />(1) Resolution No. 2913 approving an <br />application for real property tax deduction <br />for property located at 4411 Quality Drive <br />in the Airport Economic Development <br />Area (GVW Realty). <br />Ms. Hahn noted that GV W Realty, LLC <br />intends to construct a 30,635 square foot <br />building addition to an existing building <br />located at 4411 Quality Drive. The existing <br />building is occupied by a tenant, Best One <br />Tire. The new addition will be occupied by <br />another tenant, Premier Bandag #3. The new <br />addition will be primarily made of steel, <br />masonry, and concrete materials. The <br />estimated cost of the new addition is <br />$1,500,000. <br />Premier Bandag #3, a franchisee of Bandag <br />and Bridgestone Commercial Services <br />Group, recycles used truck tires by retreading <br />them for reuse primarily for semi - trucks and <br />buses. Premier Bandag #3 has operated in <br />the area since 1989. With this project they <br />will be relocating from a facility on Home <br />Street in Mishawaka (operating since 1989) <br />which involves the transfer of fifteen full <br />time positions and one part-time position. <br />The project is vital to the future growth of <br />Premier Bandag #3 because it will enhance <br />15 <br />