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Bill No. 23-36 Confirming 5448 Dylan Drive, South Bend, IN 46628 9 yr. Real Property Tax Abatement Petition for GLC Portage Prairie, LLC
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Bill No. 23-36 Confirming 5448 Dylan Drive, South Bend, IN 46628 9 yr. Real Property Tax Abatement Petition for GLC Portage Prairie, LLC
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6/22/2023 3:34:54 PM
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6/21/2023 2:21:57 PM
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EXHIBIT A <br /> Abatement Schedule <br /> Subject to the adoption by the SBCC of a resolution confirming the adoption of Declaratory Resolution <br /> No. 5028-23,the property owner is qualified for and is granted an industrial development real property <br /> tax abatement for a period of nine(9)years as shown by the schedule outlined below. <br /> Year 1 - 100% <br /> Year 2 - 90% <br /> Year 3 - 80% <br /> Year 4 - 70% <br /> Year 5 - 60% <br /> Year 6- 50% <br /> Year 7 -40% <br /> Year 8 -30% <br /> Year 9 - 20% <br /> rnIed1ncffice <br /> 1 JUN 2 1 2023 <br /> CITY C E KN OU�H BEND,IN <br /> 6 <br />
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