5162-26 Designating Resolution - Real Property Tax Abatement for David A. Nufer LLC (Burton's Laundry)

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STATEMENT OF BENEFITS 20 26 PAY 20 27 REAL ESTATE IMPROVEMENTS FORM SB-1/Real Property State Form 51767(R8/5-25)ca PRIVACY NOTICE Prescribed by the Department of Local Government FinanceAny information concerning the cost This statement is being completed for real property that qualifies under the following Indiana Code(check one box): of the property and specific salaries ✓E Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) property owner is confidential per Residentially distressed area(IC 6-1.1-12.1-4.1) IC 6-1.1-12.1-1.1. New agricultural improvement(IC 6-1.1-12.1-4) paid to individual employees by the INSTRUCTIONS: 1. This statement must be submitted to the body designating the Economic Revitalization Area PRIOR to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate art Economic Revitalization Area.Otherwise,this statement must be submitted to the designating body BEFORE the initiation of the redevelopment or rehabilitation of real property or a new agricultural improvement for which the person wishes to claim a deduction. 2. To obtain a deduction,a Form 322/RE must be filed with the county auditor before May 10 in the year in which the addition to assessed valuation is made or not later than thirty(30)days after the assessment notice is mailed to the property owner if it was mailed after April 10.A property owner who failed to file a deduction application within the prescribed deadline may file an application between January 1 and May 10 of a subsequent year. 3. A property owner who files for the deduction must provide the county auditor and designating body with a Form CF-1/Real Property. The Form CF- I/Real Property should be attached to the Form 322/RE when the deduction is first claimed and then updated annually for each year the deduction is applicable.iC 6-1.1-12.1-5.1(b) 4. For a Form SB-1/Real Property that is approved after June 30,2013,the designating body is required to establish an abatement schedule for each deduction allowed. SECTION 1 TAXPAYER INFORMATION Name of Taxpayer David A Nufer, LLC Address of Taxpayer(number and street,city,state,and ZIP code) 2409 Mishawaka Ave., South Bend, IN 46615 Name of Contact Person Telephone Number Email Address David Nufer (574 ) 340-9750 davidanufer@gmail.com SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of Designating Body Resolution Number Common Council of the City of South Bend Location of Property County DLGF Taxing District Number 2614-2626 S.Main St,109 W.Eckman Street,South Bend, IN 46614 St. Joseph 026 (South Bend-Portage) Description of Real Property Improvements,Redevelopment,or Rehabilitation(use additional sheets,if necessary) Estimated Start Date(month,day,year) A new Burton's Laundry on the current vacant land. The existing building on 06/01/2026 the north side of the of the property will be used for storage. .Estimated Completion Date(moat,day,year) 12/31/2027 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES FROM PROPOSED PROJECT Current Number 1 Salares Number Retained Salaries Number Additional Salaries 0 0 0 0 4 $96,000 SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current Values $0 $14,800 (+)Plus Estimated Values of Proposed Project $1,200,000 $720,000 (—)Less Values of Any Property Being Replaced $0 $0 Net Estimated Values Upon Completion of Project $1,200,000 $734,800 SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated Solid Waste Converted(pounds) 0 Estimated Hazardous Waste Converted(pounds) 0 Other Benefits: SECTION 6 TAXPAYER CERTIFICATION I hereby .edify that the represen. ions his schedule are true. Signature.1 Authorized Re ese =tiv Date 7onth,day,year) Ia6 Printed ••e of Authonz d Re re ern A, e Title Page 1 of 2