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19-29 GLC Portage Prairie IV Confirming Real Property Tax Abatement
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19-29 GLC Portage Prairie IV Confirming Real Property Tax Abatement
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Last modified
4/10/2019 3:23:27 PM
Creation date
4/10/2019 3:23:23 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
4/22/2019
Bill Number
19-29
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Rind ----._.� <br /> clerk's Ol;ice <br /> r---- <br /> 'Tni''`i, LLAPR 0 3 2019 <br /> • ti, CiTyKAREEm- 1-F6--- EA <br /> .�c�=R- �CLfTr BEND IN <br /> CITY OF SOUTH BEND <br /> CO\AVUNITY INVESTME\T <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 /> 1 IA , <br /> Dani uckenmeyer <br /> Director Economic Resources&Business Development <br /> DANIEL J.BUCKENMEYER ALKEYNA ALDRIDGE PAMELA MF.YER 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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