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,o44UTH 84�.,. <br /> V <br /> � y <br /> PEACE <br /> 1865 <br /> CITY OF SOUTH BEND <br /> COMMUNITY INVESTMENT <br /> Santiago Garces, Executive Director <br /> January 19, 2022 <br /> Council Member Rachel Tomas Morgan,Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend, IN 46601 <br /> RE: Real& Personal Property Tax Abatement Petition for: Greenleaf HoldCo <br /> Dear Council Member Tomas Morgan: <br /> Please find the attached information pertaining to a real and personal property tax abatement petition <br /> submitted by Greenleaf HoldCo to build a new production facility at 3820 W Calvert Street, South Bend, <br /> IN 46613 and purchase new logistical distribution equipment.This petition package includes: <br /> i- Department of Community Investment's summary report <br /> • Petition <br /> • Statement of Benefits forms (Real and Personal properties) <br /> • Supporting information <br /> The report contains the Department's findings relative to the above petition. The petitioner proposes to <br /> invest approximately$12,000,000 in new construction and purchase new logistical distribution equipment <br /> with estimated cost of$68,000,000. A total project cost is approximately $80,000,000. A representative <br /> from Greenleaf HoldCo will be available to meet with the Committee on Monday,January 24, 2022. <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 574-235-5838. <br /> Sincerely, <br /> Angelina Billo <br /> Director of Business Development <br /> EXCELLENCE ACCOUNTABILITY I INNOVATION INCLUSION , EMPOWERMENT <br /> 1400S County-City Building 1227 W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 www.southbendin.gov <br />