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5 UTHeF <br /> 227 W.JEFFERSON BOULEVARD PHONE:574/235-9371 <br /> SUITE 1400 S. � \`� FAx:574/235-9021 <br /> SOUTH BEND,IN 46601-1830 <br /> f865 <br /> CITY OF SOUTH BEND PETE BUTTIGIEG,MAYOR <br /> COMMUNITY INVESTMENT <br /> SCOTT FORD,EXECUTIVE DIRECTOR <br /> May 19,2015 <br /> Council Member Gavin Ferlic,Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor,County City Building <br /> South Bend,IN 46601 <br /> RE: Real Property Tax Abatement Petition for:Historic JMS Building,LLC <br /> Dear Council Member Ferlic: <br /> Please find the attached information pertaining to a real property tax abatement petition for <br /> Historic JMS Building,LLC's downtown renovation: <br /> ➢Department of Community Investment's summary report <br /> ➢ Copy of the petition <br /> ➢ Statement of Benefits form <br /> ➢ Supporting information. <br /> The report contains the Department's findings relative to the above petition. The total cost <br /> for the construction is estimated at$7,600,000. The project meets the qualifications for a <br /> (10)ten year real property tax abatement and a representative from Historic JMS Building <br /> LLC will be available to meet with the Committee on Tuesday,May 26,2015. <br /> Should you or any of the other Council members have any questions concerning the report, <br /> or need additional information,please feel free to call me at 235-9339. <br /> Sincerely, <br /> -0 /�Itl <br /> Brock Zeeb <br /> Director Economic Resources <br /> Attachments <br /> cc: South Bend Common Council Members <br /> Mayor Pete Buttigieg <br /> Scott Ford <br /> Chris Fielding <br /> PLANNING - NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br /> JlTM KAIN PAMELA C.MEYER CHRIS FIELDNO BROCKZEEB <br />