25-45 Designating Resolution - Real Property Tax Abatement for Michigan Motorsports LLC at 3315 William Richardson Court

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City of South Bend Instructions:Complete pages 1-3 TH ti AND the proper Form SB-1 fore Petition for Incentives the type of abatement(real property or personal property) _ Petition must include a$250 filing fee payable to the r ' for which you are applying. 1tl85 j "City of South Bend"before processing can be complete 'General Information Project Name Project Number Legal name as registered with Secretary of State Michigan Motorsports Business structure LLC Company website wwyy.michiganmotorsportS.com Proposed Project Information Proposed project address 3315 William Richardson Ct Parent company name Michigan Motorsports City,State,Zip South Bend, IN 46628 Legal owner Ardannie Baber and Easter Baber Site acreage or acreage required 7.06 Is the real estate owned or leased? Square feet of facility 50,000 If leased,by whom? Primary Contact Information Primary company contact name Dan Baber Title Owner Address of company contact 255 Bell Road Phone (269)340-2279 City,State,Zip Niles, MI 49120 Email dan@michiganmotorsports.com Senior Official Information Company senior official name Easter Baber Title Owner Address of company contact Phone (if different from above) (269)340-4521 City,State,zip Email ebaber@ mich igamotorsports.corn Consultant Information/Agent Hired business consultant/agent name Consultant release?(Y/N) Address Local economic development partners approval?(YIN) City,State,Zip Email Project Overview Brief description of your Michigan Motorsports is a thriving auto parts supply business that has experienced consistent growth of 30 o year-over-year for the company,project,and why the past rive years.We are currently operating out of a 7.500-square-foot facility located in Niles,Michigan.Due to this sustained growth, property is necessary for we have been actively seeking a significantly larger space to support our expanding distribution operations.Our site search has economic growth focused specifically on the northwest side of South Bend,and we believe the William Richardson property is an excellent fit for our expansion plans.We currently employ 15 team members,and employee retention is a top priority as we scale.In addition to retaining our existing workforce,we anticipate the creation of new lobs and believe that relocating to South Bend will provide access to a broader and more diverse pool of talent. We propose constructing a 40,000 to 50,000-square-foot warehouse and distribution center,designed to support both operational and administrative functions The planned fadlily would include. -8-10 standard 10'x 12'offices -4 larger corner offices,with 1-2 designated as conference/meeting rooms -15-20 open-concept cubicles for administrative and call center staff -1,200-square-foot showroom -Covered outdoor display area to accommodate 6-8 vehicles near the showroom -4-5 standard loading docks -2 additional docks for box truck deliveries This investment represents a major step forward in our company's growth and our continued commitment to long-term success in the region. Certified Technology Park appropriate N/A Is the project in a Tax Incremental Financing (TIF)area? If so,which? River West Development Area Have Building Permits been issued?(Y/N) Number of residential units created by (Note-Not eligible for abatement If Yes) No project 0 If this is a petition for personal property tax abatement,has the equipment been installed? N/A Investment Details Public Infrastructure needs Has any 504 funding been What is the value of any equipment being purchased in What is the value of any equipment being (Off-site of project in dollars) received? Indiana for the project? purchased from out of state for the project? N/A No N/A N/A