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4780-19 Catalyst Three Designating Real Property Tax Abatement
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4780-19 Catalyst Three Designating Real Property Tax Abatement
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4/26/2019 9:48:32 AM
Creation date
4/9/2019 3:47:45 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
4/8/2019
Ord-Res Number
4780-19
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Filed in Clerk's Office <br /> APR 0 3 2019 <br /> KAREEMA� FOWLER <br /> CITY CLERK,SOUTH BEND,IN <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: <br /> Catalyst Three,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. Catalyst Three,LLC is proposing to invest more than$16,000,000 in the <br /> construction of a new office building located in the Ignition Park, South Bend. <br /> The report contains the Department's findings relative to the above petition. The project meets the <br /> qualifications for a(8)eight-year real property tax abatement and a representative from Catalyst Three will <br /> 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 /> rzio <br /> Daniel Buckenmeyer <br /> Director Economic Resources & Business Development <br /> DANIELJ.BUCKEiNMEYF.R AI.KEYNA AI.I)RIDGE PAMELA MEYER TIM CORCORAN <br /> BUSINESS DEVELOPMENT ENGAGEMENT&ECONOMIC EMPOWERMENT NEIGHBORHOOD DEVELOPMENT PLANNING&COMMUNITY 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 />
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