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;cri i aCj jG� <br /> ............. erk's <br /> ..� - 1, <br /> 4Y ' V <br /> CITY OF SOUTHBEN ov <br /> COM M U N ITY I NVESTM ENT <br /> Caleb Bauer, Deputy Executive Director <br /> May 18, 2022 <br /> Council Member Rachel Tomas Morgan, Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend, IN 46601 <br /> RE: Real Property Tax Abatement Petition for: GLC Portage Prairie V LLC <br /> Dear Council Member Tomas Morgan: <br /> Please find the attached information pertaining to a real property tax abatement petition submitted by <br /> GLC Portage Prairie V LLC to build a new speculative warehouse building at the intersection of Dylan Drive <br /> and Adams Road,South Bend, IN,46628. GLC Portage Prairie V LLC is a subsidiary of Great Lakes Capital. <br /> This petition package includes: <br /> Department of Community Investment's summary report <br /> Petition <br /> Statement of Benefits forms(Real property) <br /> Supporting information <br /> The report contains the Department's findings relative to the above petition. The petitioner proposes to <br /> invest approximately$15,318,200 in new construction. A representative from GLC Portage Prairie V LLC <br /> will be available to meet with the Committee on Monday, May 23, 2022. <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 574-235-5898. <br /> Since ly, <br /> Caleb Bauer <br /> Acting Executive Director <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 />