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FiClerk's Office <br /> P 19 2018 <br /> STATEMENT OF BENEFITS 20 PAY 20 <br /> REAL ESTATE IMPROVEMENTS iV5AH F(JWLER State Form 51767(R6110-14) � SOUTH BEND IN FORM SB•1 f Real Property <br /> Prescribed by the Department of Local Government _ K.__.. PRIVACY NONCE <br /> This statement is being completed for real property that qualifies under the following Indiana Code(check one box): Any information concerning the cost <br /> Q Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) of the property and specific salaries <br /> paid to individual employees by the <br /> ❑Residentially distressed area(IC 6-1.1-12.1-4.1) proparty owner is confidential per <br /> INSTRUCTIONS: <br /> IC 6-1.1-12.1-5.1. <br /> 1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires <br /> information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement must be <br /> submitted to the designating body BEFORE the redevelopment orrehabilitation ofreal property for which the person wishes to claim a deduction. <br /> 2. The statement of benerits form must be submitted to the designating body and the area designated an economic revitalization area before the initiation of <br /> the redevelopment or rehabilitation for which the person desires to claim a deduction. <br /> 3. To obtain a deduction,a Form 3221RE must be filed with the County Auditor before May 10 in the year in which the addition to assessed valuation is <br /> made or not later than thirty(30)days after the assessment notice is mailed to the property owner ifit was mailed after April 10. A property owner who <br /> failed to file a deduction application within the prescribed deadline may file an application between March 1 and May 10 of a subsequent year <br /> 4. A property owner who files for the deduction must provide the County Auditor and designating body with a Form CF-1/Real Property. The Form CF-1 1Real <br /> Property should be attached to the Form 3221RE when the deduction is first claimed and then updated annually for each year the deduction is applicable. <br /> IC 6-1.1-12.1-5.1(b) <br /> 5. For a Form SB-1/Real Property that is approved after June 30, 2013, the designating body is required to establish an abatement schedule for each <br /> deduction allowed. For a Form SB-1/Real Property that is approved prior to July 1, 2013, the abatement schedule approved by the designating body <br /> remains in effect. IC 6-1.1-12.1-17 <br /> SECTION <br /> INFORMATION <br /> Name of taxpayer <br /> r ational Distributions Center, LLC (NFI) <br /> Address of taxpayer(number and street,city,state,and ZIP code) <br /> 1515 Burnt Mill Road, Cherry Hill, NJ 08003 <br /> Name of contact person Telephone number E-mail address <br /> toy Adams ( ) roy.adams@nfiindustries.corr <br /> SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT <br /> Name of daslgnatlng body Resolution number <br /> ity of South Bend <br /> Location of property County DLGF taxing district number <br /> Description of real property improvements.redevelopment,or rehabilitation(use eddiNonal sheets llnecessary) Estimated start date(month,day,year) <br /> ecember 1, 2018 <br /> 232, 000 sq ft Concrete block/Pre-cast concrete building with 32'clear heights, docks with I Estimated completion date(month,day,year) <br /> ctober 31, 2019 <br /> SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT <br /> Current number Salaries Number retained Clries Number additional salaries <br /> 4.1 million 108 4.1 million <br /> i SECTION 4 ESTINIATED TOTAL COST AND VALUE OF PROPOSED PROJECT <br /> REAL ESTATE IMPROVEMENTS <br /> COST I ASSESSED VALUE <br /> current values 11,000,000 3.500 <br /> Plus estimated values of proposed project 117,100,000 <br /> Less values of any property being replaced 0 <br /> Net estimated values upon completion of project 118,100,000 <br /> SECTION . r AND .THER BENEFITS PROMISED B <br /> Estimated solid waste converted(pounds)0 Estimated hazardous waste converted(pounds)0 <br /> Other benefits <br /> Maintain 108 employees with—$5.0 million payroll with full company benefits(healthcare, retirement savings,training, pal <br /> CERTIFICATION SECTION 6 TAXPAYER <br /> I hereby certify ntations in this statement are true. <br /> Signature o au ed repre I Date sign (mon ,day,year) <br /> Printed name of authorized represents' e IT'Ite �j� <br /> lye C/l[/Z <br /> Page 1 of 2 <br />