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Department of Community Investment,City of South Bend <br /> Confirming Start Pay Yeah Expected Estimated Actual Project Estimated MUM! Announced Actual Announced Actual New Compliance` <br /> Corporation Project Information Resolution End Pay Completion CQlltpk�9rt Retained Retained New Jobs Jobs (0-6) <br /> Number Year Granted Project Cost Cast Date Date Jobs Jobs <br /> RDistrict One LLC Studebaker Buildings 112&113-RPTA 2015 4514-15 2019 10 2030 $ 9,446,250 $ 14,679,034 3/1/2017 5/11/2018 65 194 20 2 1 <br /> ND QOZB LLC The Hill Apartments(511 N.Notre Dame Ave.) 4992-22 2024 8 2032 $ 11.385,000 $ 12.550.000 7/27/2023 12/15/2023 0 8 8 1 <br /> -RPTA 2022 <br /> The Monrsaux LLC The Monreaux-RPTA 2022 4975-22 Not_Stgrted 8 $ 1$,524,560 11/12024 0 — 29 0 <br /> Toyo Seiko North America Toyo Seiko North America Inc -RPTA 2019 4832-19 2022 6 2027 $ 1.576,000 $ 2.101,604 7/1/2021 7/1/2021 4 5 I 1 1 <br /> Inc _ <br /> Tri-Pac.Inc Tri-Pac,Inc.(3333 N.Kenmore St.)-RPTA 4673-17 2020 7 2026 $ 1,000,000 $ 1,187,634 12/31/2019 12/312019 7 157 20 7 1 <br /> 2017 <br /> Tri-Pac.Inc (4303 Technology Dr.)-RPTA 4875-20 2025 7 2031 $ 1,000.000 $ 2,957,442 12/31/2021 12/31/2021 144 20 20 1 <br /> Tri-Pac,Inc. 2020 , <br /> Verbio South Bend Verbio South Bend Ethanol Expansion-RPTA 5026-23 2026 8 2035 $ 11,000,000 $ 5,343,759 12/31/2025 61 61 8 21 1 <br /> gin_3 . — __ —_ <br /> -- --._ - —. -w.. <br /> Bakery Group LLC Ward Bakery/Bakery Group-RPTA 2021 4909-21 2026 4 2029 $ 3.750,000 $ 3.336.882 10/15/2024 0 0 0 1 <br /> (Hometowne Dev LLC) <br /> Wharf Partners,LLC Wharf Partners,LLC-RPTA 2018 4714-18 2021 6 2026 $ 19,350,000 $ 19,350,000 10/1/2019 8/1/2024 23 - 65 1 <br /> WSJM-INC WSJM.Inc.(316 E.Monroe St.)-RPTA 2020 4849-20 2023 5 2027 $ 3.100,600 $ 2,777.399 7/31/2021 9/15;2021 23 26 0 1 <br /> WSJM-INC WSJM,Inc.(316 E.Monroe St.)-VBD 2020 4853-20 2023 5 2027 $ - 1 <br /> 'Legend/Key for Compliance Scores <br /> (0)New Abatement:Not required to file Form CF-1 <br /> (1)Company is in compliance <br /> Company is in compliance with all goals,including project cost,jobs created and related saltines,and jobs retained and related salaries. <br /> (2)Company substantially in compliance <br /> Company fell under one or more of the following:(a)company did not meet one or more goals for its abatement,however,the project is relatively new and other factors have slowed progress:(b)company met their goals in earlier <br /> reporting periods and is currently below those goals due to other factors:and/or(c)company's explanation provided in a previous reporting period still applies for the current period or the company failed to meet their estimated <br /> project cost.Since abatement is only applied to improvements actually built.the fact that improvements were less than anticipated means the company's abatement benefits were automatically reduced when the abatement <br /> deduction was actually calculated.This results in a lower cost to the City for each job created or retained. <br /> (3)Company substantially out of compliance <br /> Company has failed significantly to meet one goal related to created jobs and salaries,retained jobs and salaries,and/or the actual cost of their investment. <br /> (4)Company out of compliance <br /> Company has failed to meet all goals related to project cost,jobs created and related salaries,and jobs retained and related salaries;or company has been delinquent or in default with respect to any tax payment in St.Joseph <br /> County.Indiana.for multiple payment peniods. <br /> (5)Company failed to file Form CF-1 <br /> Company has failed to submit this year's Form CF-1.Staff contacted business multiple attempts after the initial letter,to obtain information.Recommend Common Council consider this business noncompliant. <br /> (8)Business Closed/Out of Business:No action required <br /> June 13,2025 <br />