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54 <br />s STATEMENT OF BENEFITS 20_PAY 20_ <br />A `• VACANT BUILDING DEDUCTION <br />10, <br />Slate Form 55182(R 1 2-14) FORM SB-1 I VBD <br />Prescribed by the Department of Local Government Finance <br />PRIVACY NOTICE <br />This statement is being completed for real property that qualifies as an"eligible vacarl building"as defined by The cost and any specific individual'sIC6-1.1-12.1-1(17). <br />salary information is confidential,the <br />balance of the filing is public record <br />per IC 6-1 1-12.1-5.1(c)and(d). <br />INSTRUCTIONS: <br />1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body <br />requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement <br />must be submitted to the designating body BEFORE the occupation of the eligible vacant building for which the person wishes to claim a deduction. <br />2. To obtain a vacant building deduction,a Form 322N813 must be filed with the county auditor before May 10 in the year in which the property owner <br />or his tenant occupies the vacant building or not later than thirty(30)days after the assessment notice is mailed to the property owner if it was <br />mailed alerApril 10. if the property owner misses the May 10 deadline in the initial year of occupation,he can apply between March 1 and May 10 <br />of a subsequent year. <br />3 A property owner who files the Form 322NBD must provide the county auditor and the designating body with a Form CF-1NBD to show compliance <br />with the approved Form SB-1NBD. The Form CF-1NBD must also be updated each year in which the deduction is applicable. <br />SECTION 1 TAXPAYER INFORMATION <br />Name of <br />WSJM- <br />INCaer <br />Address of taxpayer(number and street,city state,and ZIP code) <br />1301 EasDouglas Road Mishawaka,IN 46545 <br />Name of contacterson Tel hone number E-mad addressDavidDoetsciX269j925-1111 davedtgmidwestfamilyswmi.com <br />SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT <br />Name of designating body ho;c.ul or.numcer <br />City of South Bend <br />Location of property County DLGF taxing district number316EastMonroeStreetSt.Joseph <br />Description of eligible vacant building that the property owner or tenant will occupy(use additional sheets 11 necessary). Estimated occupancy date(month,day.year)The building consists of 2 floors with a total square footage of 1 ,185sf.The construction consists of February 22.2021 <br />precast concrete wall panels and a conventional bar joist roof deck with built up roof.Building has <br />Estimated date placed inose(month,day.year)been vacant for over 12 months. <br />SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS A RESULT OF PROPOSED PROJECT <br />Current number Salaries Number retained Salaries Number additional Salaries <br />23 1,040,520 23 1,040,520 3 105,000 <br />SECTION ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT <br />REAL ESTATE IMPROVEMENTS <br />COST ASSESSED VALUE <br />Current values 235,000 <br />Plus estimated values of proposed project 3,100,600 <br />Less values of any property being replaced <br />Net estimated values upon completion of project 3,335,600 <br />SECTION 5 EFFORTS TO SELL OR LEASE VACANT BUILDING <br />igowngtiren lls[e0 IIre agrs`tacegral teSag:a reAVIVciVreags ate serncees,worldwide company.It was previously a data center <br />owned by CyrusOne. <br />Show amount for which the building was offered for sale.lease,or rent during period of vacancy. <br />The list price was"Negotiable"when the offer to purchase was made. <br />tf'he7xsprigeullcaingw°R Mlome`"`i'r a i{t urge gzpeenceAT8adcasting company.By revitalizing this existing building and bringing new <br />employees to this location,a new sense of confidence should be felt by other businesses looking to relocate to this area of South Bend.This <br />new development should also provide support to existing local amenities or encourage new service businesses to locate here. <br />SECTION 6 TAXPAYER CERTIFICATION <br />I hereby certify that the representations in this statement are true. <br />Sign a of authorized rept alive Title <br />President <br />Date signed impnrA08 yyg$r)t I U4/ LUZU <br />Page 1 of 2