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• ~ ~ SOUTH 8F <br />o ,1d~~ilC// ~d <br />Community & Economic Development ='~~~"''~_ <br />~ s?~ 2 a <br />1200 County-Clay Building, 227 WesT Jefferson, South Bend, Indiana 46601-1830 ~ Phone 574/235-9371 • Fax 5741235-9021 <br />To: South Bend Common Council <br />From: Bob Mathia ~,~7~~ <br />Sabject: Stanz Foodservice Petition for Personal Property Tax Abatement <br />Date: July 17, 2008 <br />Due to insufficient information and deadlines at the time of preparation, the report for the subject tax <br />abatement petition did not contain the estimated amount of property tax to be abated and paid during <br />the five-year term of the abatement. The necessary information has since been received and the <br />estimates are provided below and in the attached tables. <br />Total taxes to be abated during the (5) five-year abatement period are estimated at $16,119. Total <br />taxes to be paid during the (5) five-year abatement period are estimated at $136,325 <br />MemoToCommon Counci1.7.17.08 What We Do Today Makes A Difference ! <br />