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1200 CouN-n-CITY BC1ILpiNG <br />227 W. JEFFERSON BOULEI,'ARD <br />SOUTH BEND, INDIANA 40001-1830 <br />PHONE 57412350371 <br />FAx 574/ 235-9021 <br />"TDI7 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY ~ ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />July 10; 2008 <br />Council Member Derek D. Dieter, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />1ZE: Personal Property Tax Abatement Petition for: <br />5tanz Foodservice, Inc. <br />Dear Council Member Dieter: <br />Please find attached the Department of Community & Economic Development's report on a personal <br />property tax abatement petition for the above-referenced petitioner. Also attached is a copy of the petition, <br />Statement of Benefits form, and supporting information. The purposed project consists of the acquisition <br />and installation of new logistical distribution and information technology equipment, including without <br />limitation, warehouse racking systems, fork lifts, pallet movement mechanisms, GPS monitoring and <br />tracking systems and related systems for use in Stanz's full line food service distribution business. The <br />business is located at 1840 North Commerce Drive. <br />The report contains the Department's findings relative to the above petition. The entire cost for the proposed <br />project is estimated between $300,000 to $700,000 for logistical distribution equipment and between <br />$50,000 and $150,000 for information technology equipment. The project meets the qualifications fora (5) <br />five-year personal property tax abatement and a representative from Stanz Foodservice will be available to <br />meet with the Committee on Monday, July 28, 2008. <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 235-5835. <br />Sincerely, <br />~~ ~~~~ <br />Bob Mathia <br />Assistant Director, <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeff Gibney <br />COMMUNCI'Y DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM <br />PAMELA C. MEYER nONALn E. INK`: MANAGEhIENT~ <br />5?41235-9660 574/235-9371 E:Lizaeert( LEONari~ <br />Fax: 5741235-9697 5741235-9371 <br />