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CITY OF SOUTH BEND PETITION FOR . <br />TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION <br />The undersigned owner(s) of new manufacturing equipment, personal property, located within <br />the City of South Bend, hereby petitions the Common Council of the City of South Bend for <br />personal property (new manufacturing- equipment) tax abatement consideration and pursuant <br />to I.C., 6-1.1-12.1, et seq., and South Bend Municipal Code Section 2-84.2, et seq., for this <br />petition states the following: <br />1. Describe the proposed project, including information about the new <br />manufacturing equipment personal property (equipment) to be installed, the <br />amount of land to be used, if any, the proposed use of the equipment, and a <br />general statement as to the value of the project to your business. <br />Pending the granting of the tax abatement, Ancon Construction Company, Inc. <br />(Ancon) of Goshen, Indiana has proposed to Jade Elephant Holding LLC (JEH) <br />of Mattawan, Michigan and Lake Michigan Mailers, Inc. (LMM) of Kalamazoo, <br />Michigan to sell to JEH the property described herein and construct a mail <br />assembly and document processing facility of the size herein described. <br />This facility will be leased by JEH to LMM under along-term lease. <br />This facility represents.the largest facility construction project undertaken by <br />LMM since 1999. The facility described herein is a critical component of LMM"s <br />long-term strategy for serving customers in Northern Indiana for the provision of <br />mail assembly, daily mail processing and document creation. The facility will <br />also serve as a "hot site° for disaster recovery for LMM's document creation and <br />mail assembly operations located in Kalamazoo, Michigan. The facility will also <br />serve as a sales facility and customer training site for customers located in <br />Northern Indiana. <br />The building will initially be constructed as a single story facility of approximately <br />13,000 square feet on the parcel described herein (currently owned by Ancon). <br />It is essential to LMM's strategic plan that the facility described herein be <br />expandable to meet anticipated volume growth and evolving technology. As <br />such, the site plan for the facility includes options for substantial building <br />expansion so as to accommodate additional processing and assembly volumes. <br />Land Size 4.75 acres; <br />Building Size: 13,000 sq.ft. (Initial size only.) <br />(Revised 812/02) <br />