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. 1y Filed in Clerk's Office <br /> `�\' CITY OF SOUTH BEND j%.i LI 8 <br /> y' '"Cif, Bianca Tirado <br /> �: COMMUNITY INVESTMENT City Clerk,South Bend, IN <br /> /965 <br /> January 8, 2025 <br /> Council Member Troy Warner <br /> Chairperson, Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County-City Building <br /> South Bend, Indiana 46601 <br /> RE: Reconfirming Resolutions (2): Real Property Tax Abatement and Personal Property <br /> Tax Abatement for Greenleaf Holdco LLC <br /> Dear Council Member Warner, <br /> Please find enclosed two resolutions that would reconfirm a real property tax abatement and <br /> personal property tax abatement, respectively, for Greenleaf Holdco LLC, the owner of the <br /> parcels for Pure Green Farms, located at 3820 W. Calvert Street in South Bend. <br /> On February 14, 2022, the Common Council of South Bend adopted Confirming Resolution <br /> 4941-22, which confirmed Declaratory Resolution 4939-22 to establish a nine-year (9) real <br /> property tax abatement for an expansion project by Pure Green Farms. Also on February 14, <br /> 2022, the Common Council adopted Confirming Resolution 4945-22, which confirmed <br /> Declaratory Resolution 4944-22 to establish a five-year (5) personal property tax abatement for <br /> equipment to be purchased and installed for the expansion. The designation periods for each <br /> abatement are set to expire on January 24, 2025. <br /> The expansion project has been delayed, and a representative of Pure Green Farms contacted <br /> the Department of Community Investment seeking support for an extension of the designation <br /> period. According to the company representative, the expansion project is scheduled to begin <br /> by mid-2025, and the previously granted tax abatements are necessary for the project to move <br /> forward. <br /> The Reconfirming Resolutions serve two primary purposes: (1) reconfirm the Declaratory <br /> Resolution adopted in 2022 and (2) extend the designation period to the end of 2026. <br /> A representative from Pure Green Farms will be available to meet with the Committee on <br /> Monday, January 13, 2025. If you or any of the other Council members have questions <br /> concerning the report or need additional information, please feel free to call me at(574) 235- <br /> 5838. <br /> Sincerely, <br /> -/ ) 2 ."---- --„---• <br /> Erik Glavich <br /> Director, Growth and Opportunity <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 />