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Filed in Clerk's Office <br /> APR 0 3 2019 <br /> KAREEMAH FOWLER <br /> CITY CLERK,SOUTH BEND. IN <br /> CITY OF SOUTH BEND <br /> COv1MU \ ITY INVESTMENT <br /> Council Member Gavin Ferlic, Chairperson April 3,2019 <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: <br /> GLC Portage Prairie IV,LLC <br /> Dear Council Member Ferlic: <br /> Please find attached the Department of Community Investment's report on a real property tax abatement <br /> petition for the above-referenced petitioner. Also attached is a copy of the petition, Statement of Benefits <br /> form, and supporting information. GLC Portage Prairie IV, LLC is proposing to invest more than <br /> $7,000,000 in the construction of a new speculative building located at NE corner of Adam Road and U.S. <br /> 31 Bypass, South Bend. <br /> The report contains the Department's findings relative to the above petition. The project meets the <br /> qualifications for a(6)six-year real property tax abatement and a representative from GLC Portage Prairie <br /> IV will be available to meet with the Committee on Monday,April 8, 2019. <br /> Should you or any of the other Council members have any questions concerning the report, or need <br /> additional information,please feel free to call me at 235-5823. <br /> Sin erel <br /> A <br /> i <br /> Dani r uckenmeyer <br /> Director Economic Resources &Business Development <br /> DANIEL J.BUCKENMEYER ALKEYNA ALDRIDGE PAMELA MEYER TIM CORCORAN <br /> BUSINESS DEVELOPMENT ENGAGEMENT&ECONOMIC EMPOWERMENT NEIGHBORHOOD DEVELOPMENT PLANNING&COMMUNITY RESOURCES <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227 W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 www.southbendin.gov <br />