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South Bend Redevelopment Commission <br />Regular Meeting - October 2, 1998 <br />6. NEW BUSINESS (CONT.) <br />a. continued.... <br />Federal-Mogul South Bend, Inc. is in <br />compliance with reporting requirements <br />for each of the previous tax abatements. <br />The building commissioner has reviewed <br />the petition and finds the property to be <br />properly zoned for the proposed project. <br />A review of the designated South Bend <br />Redevelopment areas finds the property to <br />be properly zoned for the proposed <br />project. A review of the designated South <br />Bend Redevelopment areas finds that the <br />property is located in the Airport <br />Economic Development Area, which is a <br />Tax Incremental Allocation Area; <br />therefore, the petition for real and personal <br />property tax abatement must first be <br />approved by the South Bend <br />Redevelopment Commission. <br />The staff received information from <br />Federal -Mogul South Bend, Inc. stating <br />that a foundation permit was obtained <br />prior to submission of the tax abatement <br />petition. The staff investigated the site <br />and visually confirmed that no concrete <br />work or construction has begun. The staff <br />also confirmed with the Building <br />Department that no building permit has <br />been issued. <br />The staff reviewed the Tax Abatement <br />Ordinance and finds that Federal-Mogul <br />South Bend, Inc. still meets the <br />qualifications for a six -year real property <br />tax abatement under Industrial <br />HAWPDATA \C0MMSN\100298.MIN -6- <br />