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CITY OFSOUTH BEND OFFICE OF THE CLERK not malicious. Certainly,just an oversight of something that usually follows a different timeline or at least a one (1) time submission. We've got Roy Marshky and Jeff Ryan from Real America here. So, if you have any other questions for me, I'd be happy to answer them. Committee Chair Gavin Ferlic asked, Are all of their applications met? Mr. Buckenmeyer replied, Yes, exceeded. Councilmember Jo M. Broden asked, Just for clarification, the information is on the form, but the County doesn't have that same level of follow up correct? Right? Mr. Buckenmeyer replied, They do not have any functionality or anyone that goes out and proactively asks for that. We do it within our own department with the help of Angelina, and we actually contract with Crowe Horvath who does additional follow-up and intake for us, and that's part of the fix from two (2) years ago when we had so many of these. Jeff Ryan, Vice President of Development for Real America with offices at 10501 Hague Road, Fishers, IN stated, As Mr. Buckenmeyer said, we placed this building in service in December of 2016,and filed the three twenty-two RE(322-RE). The building was one hundred percent(100%) placed in service at that time,but it was not fully assessed. It was assessed over two(2) years, and with that, it was our mistake. We did not know that we needed to file that again. We have been filing the CF1 timely on it. It was just not knowing that there was a second(2nd) year because they only partially assessed it in the first (1St) year. It was not until we received our tax bill earlier this year, which we did pay in full to make sure that we stayed in their good graces, but very much we would ask for you to help us to correct this. Councilmember John Voorde stated, With the sixty-seven apartments, are you fully leased? Mr. Ryan replied, Yes. That has gone very well. The retail has been a little rougher for us. We've got three (3) great tenants in there. When we first started talking with the City back in 2015 when we started this, we had heard about a bunch of restaurants that might want to have a space here. None of that materialized, so we are running an event center there that has a great place for a wedding by the way. Also, we have what we call suite one(1). When you look at the building it's on the right side. We had a furniture company in there for a while, but they left. So, we've had a little rougher time on that which is also one of the reasons why it's important for us to reinstate the tax abatement. The event center had been ramping up. It's getting more used. Word of mouth is out and it's getting more advertising,but the apartments have been one hundred percent(100%) leased up as projected on that and has stayed well. Committee Chair Gavin Ferlic, stated, Seeing no other questions, we'll go to the public. Is there anyone here from the public wishing to speak in favor or in opposition to Bill No. 19-54? Seeing none, I apologize there is no quorum here so this will go to the Council with no recommendation With that, the Community Investment meeting is adjourned. EXCELLENCE ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT 455 County-City Building 227 W.Jefferson Bvld I South Bend,Indiana 46601 p 574.235.9221 f574.235.9173 TTD574.235.5567 www.southbendin.gov 5