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Bill No. 23-43 Peak Investment & Asset Management LLC Confirming - 1405 Portage Ave. Tax Abatement 5 Yr. Real Property
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Bill No. 23-43 Peak Investment & Asset Management LLC Confirming - 1405 Portage Ave. Tax Abatement 5 Yr. Real Property
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7/6/2023 10:54:44 AM
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7/5/2023 4:04:32 PM
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______ I Filed in clef*,s ffice <br /> City of South Bend Instructions:Complete pates 1-3 <br /> AND the proper Form SFS- for <br /> Petition for Incentives the type of abatement(WI <br /> i��� �(1?� <br /> property or personal pro erty( I VVV <br /> Petition must include a$250 filing fee payable to the City Clerk's Office for which you are applyir g. <br /> before processing can be complete .►Ty j`CJAV�lN M JU�E ~ <br /> General Information Project Name isc Project Num er i ��Rt ,SOV I H BEND IN <br /> Legal name as registered with <br /> Secretary of State Peak Investment and Asset Management LLC <br /> Business structure Domestic Limited Liability Company <br /> Company website N/A <br /> Proposed Project Information <br /> Proposed project address 1405 Portage Ave Parent company name <br /> City,State,Zip South Bend, IN 46616 Legal owner st Managem;r: <br /> Site acreage or acreage required ip the ramal esten,awned <br /> 0.4 or leased? Owned <br /> Square feet of facility 10,300 If leased,by whom? <br /> Primary Contact Information <br /> Primary company contact name Praveen K Gulati Title Owner/Manager <br /> Address of company contact 5199 Gardenia Ct Phone (765)412-0756 <br /> civ,State,Zip West Lafayette, IN 47906 Email praveeng217@gmail.com <br /> Senior Official Information <br /> Company senior official name Title <br /> Same as above <br /> Address of company contact Phone <br /> (if different from above) <br /> City,State,Zip Email <br /> Consultant Information/Agent <br /> Hired business consultant/agent name N/A Consultant release?(Y/N) <br /> Address Local economic development partners <br /> approval?(Y/N) <br /> City,State,Zip Email <br /> Project Overview <br /> Brief description of your <br /> company,project,and why the It is with great enthusiasm that we present this proposal for our <br /> property is necessary for neighborhood shopping <br /> center NSCbring <br /> This project will livelihood <br /> economic growth to the community n <br /> this area by providing opportunities for small <br /> business ownerships and creating 15-20 jobs for area residents. The <br /> main goal of our organization is to dedicate this shopping center to <br /> District 1 of the City of South Bend. <br /> Certified Technology Park appropriate N/A <br /> Is the project in a Tax Incremental Financing <br /> (TIF)area? If so,which? River West <br /> Have Building Permits been Issued?(Y/NI Number of residential units creatml by <br /> [Note-Not eligible for abatement if Yes) N Iwoject <br /> If this is a petition for personal property tax abatement,has L <br /> the equipment been Installed? N/A <br /> Investment Details <br /> Public infrastructure needs Has any 504 funding been What is the value of any equipment being purchased in What is the value of any equipment being <br /> (Off-site of project in dollars) received? Indiana for the project? purchased from out of state for the project? <br /> 0 No N/A N;A <br />
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