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a new commercial facility for food production at the parcels designated as an Economic <br /> Revitalization Area through the adoption of Declaratory Resolution No. 4939-22; and <br /> WHEREAS, Pure Green Farms is an assumed business name of Greenleaf Holdco LLC as <br /> certified by the Office of the Secretary of State of the State of Indiana; and <br /> WHEREAS, Greenleaf Holdco LLC, operating as Pure Green Farms, plants, grows, <br /> harvests, packages, and distributes lettuces grown at an existing greenhouse facility at the parcels <br /> designated as an Economic Revitalization Area through the adoption of Declaratory Resolution <br /> No. 4939-22; and <br /> WHEREAS, Greenleaf Holdco LLC was granted a three-year (3) designation period in <br /> Confirming Resolution No. 4939-22, which will expire on January 24, 2025; and <br /> WHEREAS, construction on the new commercial facility for food production was delayed <br /> by project development challenges and other issues outside of the control of Greenleaf Holdco <br /> LLC; and <br /> WHEREAS, completion of the project by end of the original designation period was not <br /> possible; and <br /> WHEREAS, the project will be completed by the end of 2026; and <br /> WHEARAS, Greenleaf Holdco LLC has requested that the designation period confirmed <br /> by Confirming Resolution No. 4941-22 be extended; and <br /> WHEREAS, the Common Council desires to reconfirm the designation of certain areas <br /> designated by Declaratory Resolution No. 4939-22 and confirmed by Confirming Resolution No. <br /> 4941-22 as an Economic Revitalization Area for purposes of a nine-year (9) real property tax <br /> abatement; and <br /> WHEREAS, the Common Council desires to extend the designation period confirmed by <br /> Confirming Resolution No. 4941-22; and <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br /> Bend, Indiana,n as follows: <br /> SECTION I. The Common Council hereby reconfirms Declaratory Resolution No. 4939-22 and <br /> Confirming Resolution No. 4941-22 for purposes of a nine-year(9)real property tax abatement. <br /> SECTION II. The designation as an Economic Revitalization Area for purposes of a nine-year(9) <br /> real property tax abatement expires on December 31, 2026. <br /> SECTION III. The Common Council hereby determines that Greenleaf Holdco LLC is qualified <br /> and is granted property tax deduction for a period of nine (9) years as shown in Section VI of <br /> Declaratory Resolution No. 4939-22 and further determines that the petition, the Statement of <br /> Benefits, and the Memorandum of Agreement between Greenleaf Holdco LLC and the City of <br /> South Bend associated with Declaratory Resolution No. 4939-22 as adopted on January 24, 2022, <br />