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Filed in Clerk's O fhe 1 <br /> i.. APRio ;3 2' 11 <br /> . t. CITY C!EUK, SOL <br /> I6 - <br /> CITY OF SOUTH BEND <br /> COMMUNITY 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: CBK Land Development,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. The project calls for extension of a distribution center as part of the <br /> company's planned increase in productive capacity at 5245 Dylan Drive,South Bend. The project cost is <br /> approximately$3,500,000. <br /> The report contains the Department's findings relative to the above petition. The project meets the <br /> qualifications for a (7) seven-year real property tax abatement and a representative from CBK Land <br /> Development, LLC 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 /> Sincerely, <br /> '6A" --, <br /> Daniel uckenmeyer <br /> Director Economic Resources&Business Development <br /> DANIEI,J.BUCKENMEYER ALKEYNA ALDRIDGE PA.NIEI.A MEYER TIM CORCORAN <br /> BUSINESS DEVELOPMENT ENGAGEMENT 8c ECONOMIC EMPOWERMENT NEIGHBORHOOD DEVELOPMENT PLANNING&COMMUNTIY RESOURCES <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 14005 County-City Building 227 W.Jefferson Blvd. South Bend.Indiana 46601 p 574.235.9371 www.southbendin.gov <br />