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4785-19 31 Nimtz Land Confirming Real Property Tax Abatement
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4785-19 31 Nimtz Land Confirming Real Property Tax Abatement
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5/16/2019 12:42:12 PM
Creation date
5/16/2019 12:42:08 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/13/2019
Ord-Res Number
4785-19
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City of South Bend <br /> Petition for Incentives t <br /> Petition must Include a$250ili ! ' <br /> f ng fee payable to the City Clerk's Office or online via the City's webs/te gL _ - __ - <br /> http://southbendin.gov/government/content/tax-abatement before processing can be complete Pap rf in CIpfj q f)fflrue <br /> General Information Project Name Project lumber ---- <br /> LegalnameasregisteredwithSecretaryof 31 Nimtz Land LLC <br /> sus: APR Zig <br /> Business truaare Limited Liability Company <br /> Company website <br /> www.holladayproperties.com KAREEMAH FOWLEF <br /> Proposed Project Information CITY CLERK,SOUTH BEN`).IN <br /> Proposed project address 24605 Cleveland Road Parentcampanyname Holladay Properties <br /> City,State,Zip South Bend, IN 46628 legal owner 31 Nimtz Land LLC <br /> Site acreage or acreage required 19.6 Is the real estate owned or Leased <br /> teased <br /> Square feet of facility 225,000 If leased by whom Speculative <br /> Primary Contact Information <br /> Primary company contact name Paul Phair Title <br /> VP-Development <br /> Address of company contact 227 S. Main Street,Ste.300 Phone 574-217-4498 <br /> City,State,Zip South Bend, IN 46601 Email pphair@holladayproperties.com <br /> Senior Official Information <br /> Company senior official name John Phair Title President <br /> Address of company contact(if different from 227 S. Main Street, Ste. 300 Phone 574-217-4475 <br /> abovel <br /> City,State,Zip South Bend, IN 46601 Ercall jphair@holladayproperties.com <br /> Consultant Information/Agent <br /> Hired business consultant/agent name N/A Consultant release(Y/N) <br /> Address Local economic development partners <br /> approval(Y(N) <br /> City,State,Zip Email 11 <br /> Project Overview <br /> Brief description of your <br /> company,protect,and why the The proposed project is an approximately 225,000 square foot <br /> property is necessary for speculative industrial facilityto be located in South Bend on the NW <br /> economic growth <br /> corner of US 31 and Nimtz Parkway. The construction investment <br /> anticipated is approximately $12.94 million, which does not include <br /> equipment and additional investment which may be made by future <br /> Tenants of the building. Due to the speculative nature of the building, we <br /> do not know specific job creation statistics, but we are moving forward <br /> with the building to specifically attract companies that are either 1. <br /> expanding their operations, or 2. establishing new operations in our <br /> community. We fully expect that new jobs will be created as a result of <br /> this new industrial building being constructed. <br /> Certified Technology Park appropriate N/A <br /> is the project In a Tax Incremental Financing Yes- River West District <br /> (TIF I area? dm which? <br /> Certify that the Building Permit has not been Yes Number of residential units vested by o <br /> Issued IY/N) nro) <br /> If this Is a petition for personal property tax abatement,has No <br /> the equipment been Installed <br /> Investment Details <br /> Public Infrastructure needs(Off- Has any 504 funding been What is the value of any equipment being purchased In What is the value of any equipment being <br /> site of project in dollars) - received? Indiana for the project? purchased from out of state for the project? <br /> N/A No Unknown-Speculative Development Unknown-Speculative Development <br />
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