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Cie <br /> s Off);- <br /> Ice <br /> Mqy 2 <br /> CITY OF SOUTH BEND , N <br /> Go 0?2 <br /> COMMUNITY INVESTMENT �F�KoU His <br /> EEN�IN <br /> May 18, 2022 <br /> 9 <br /> 9 <br /> f Councilmember Rachel Tomas Morgan, Chairperson <br /> j Community Investment Committee <br /> South Bend Common Council <br /> 41h Floor, County-City Building <br /> South Bend, IN 46601 <br /> i <br /> I <br /> Dear Councilmember Tomas Morgan, <br /> f <br /> Attached please find a proposed form of resolution approving a waiver of noncompliance,pursuant <br /> to Indiana Code 6-1.1-12.1-11.3, for Imagineering Finishing Technologies. <br /> The Company filed a Form CF-l/RP and CF-I/PP with the City of South Bend in 2021,however, <br /> the Company inadvertently did not file the Form 322 and Form 103 with the Auditor's office. <br /> In an annual self-audit, the company discovered that they failed to submit forms required for the <br /> continuation of their real property and personal property tax abatements. Imagineering shared that <br /> the omission was due to staff turnover within Imagineering and at Kruggel Lawton. <br /> The company is requesting that the Common Council waive noncompliance with the filing <br /> deadline for tax deduction forms including the Form 322 and Form 103. <br /> The Department of Community Investment endorses and supports this waiver as the Company has <br /> been on track with their abatement milestones. The initial projection associated with building <br /> improvements was $3.5 million and the actual cost through December 31, 2022,was $2,254,753. <br /> The project has met the employment representation stated in the original petition for tax abatement <br /> from when the project began operating, until the present date. <br /> We ask that the attached resolution be referred to the Community Investment Committee for an <br /> advisory recommendation and then heard at the Common Council meeting to be held on May 23, <br /> 2022. <br /> A representative from Imagineering will be present at the meetings. Should you require additional <br /> information, please let me know. <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227 W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 www.southbendin.gov <br />