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1200 COUNTY -Clny BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SouTH BEND, INDIANA 46601 -1830 <br />PHONE 574/235 -9371 <br />FAx 574/235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, IAAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />April 21, 2008 EXECUTIVE DIRECTOR <br />Council Member Derek D. Dieter, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Commercial Real Property Tax Abatement Petition for: <br />HERAEUS KULZER, INC. <br />Dear Council Member Dieter: <br />On April 14, 2008, the Common Council approved a Designating Resolution for a tax abatement <br />for the subject firm. At that time the firm had not completed a list of construction contractors and <br />suppliers for its proposed project as called for in the petition forms. Jn approving the Designating <br />Resolution it was noted that the firm would qualify for no more than an eight -year tax abatement <br />term. The firm agreed to provide the required in prior to the Council considering its <br />confirming resolution. The project entails the renovation of an existing building located at 4315 <br />South Lafayette Boulevard, South Bend, to be used for the firm's corporate headquarters. The firm <br />has now completed the list of contractors and suppliers and submitted it to me. I have reviewed the <br />information and found that the firm qualifies for a tax abatement term of five years. A copy of the <br />Public Benefit Points Summary used to calculate the abatement term is attached together with a <br />complete copy of the tax abatement petition. A representative of the firm plans to attend the <br />Council's public meeting on April 28, 2008, to present the firm's Confirming Resolution. <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 -5835. <br />Sincerely, <br />Bob Mathia <br />Assistant Director, <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeff Gibney <br />Don Inks <br />COMMUNfrY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />5741235 -9660 5741235 -9371 ELIZABETH LEONARD <br />FAx: 574/235-9697 574/235 -9371 <br />