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, v <br />.a <br />._ 1865 <br />City of South Bend <br />Joseph E. Kernan. Mayor <br />Community & Economic Development <br />Jon R. Hunt Ann E. Kolata <br />Executive Director Deputy Executive Director <br />MEMORANDUM <br />TO: SOUTH BEND REDEVELOPMENT COMMISSION <br />FROM: DEPT. OF COMMUNITY & ECONOMIC DEVELOPMENT - MICHAEL BEITZINGER <br />SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: <br />SOUTH BEND ABSORBTECH °, L.L.C. <br />3900 WILLIAM RICHARDSON DRIVE <br />DATE: October 16, 1995 <br />On October 16, 1995, a petition for tax abatement consideration for personal property <br />located at 3900 William Richardson Drive was filed with the City Clerk by South Bend <br />Absorbtech®, L.L.C. Pursuant to Chapter 2, Article 6, Section 2 -77 of the Municipal Code <br />of the City of South Bend, this petition was referred to the Department of Community and <br />Economic Development for purposes of investigation and preparation of a report <br />determining whether the area qualifies as an Economic Revitalization Area pursuant to <br />I.C.6 -1.1- 12.1 -1 and whether all zoning requirements have been met. <br />The Department of Community and Economic Development has reviewed the petition <br />(a copy of which is attached), investigated the area and makes the following report. <br />The petitioner is in the business of industrial laundering. They have developed a <br />launderable sorbent product, called Sorbits®, that is a practical and cost effective <br />alternative for the disposal of material saturated with industrial process fluids in an <br />environmentally friendly manner. Their dry cleaning process captures these fluids so they <br />can be reused or safely disposed of, and not landfilled. The overall project calls for the <br />construction of a 40,000 square foot dry cleaning facility on 12 acres of land in the Toll <br />Road Industrial Park. The total estimated cost of the building is $1.2 million. <br />1 200 County -City Building • South Bend, Indiana 46601. 219/235 -9371 • Fax (219) 235 -9021 • TDD (219) 235 -5567 <br />Redevelopment Business Assistance Bureau of Housing Financial & Program Planning & <br />Ann E. Kolata & Development Kathryn Baumgartner Management Neighborhood Development <br />235 -9371 Donald E. Inks 521 Eclipse Place Elizabeth Leonard Pamela C. Meyer <br />235 -9335 235 -9475 235 -9335 235 -9660 <br />Fax: 235 -9469 Fax: 235 -9697 <br />