26-11 Designating Resolution - Real Property Tax Abatement for Wharf Partners LLC

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.0*74r.f0. STATEMENT OF BENEFITS 20 26 PAY 20 27 7e' . , REAL ESTATE IMPROVEMENTS FORM SB 1 I Real Property 1g' 0. f State Form 51761(R8/5-25) • e1e Prescnbed by the Department of Local Government Finance PRIVACY NOTICE Any 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 N Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12 1-4) paid to individual employees by the Residentially distressed area(IC 6-1 1 12 1 4 1) property owner is confidential per IC 6 1 1-12 1-1- New agncultural improvement(IC 6-1 1-12 1-4) - 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 an 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- 1/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 Wharf Partners LLC Address of Taxpayer(number and street.city,state,and ZIP code) PO Box 148 Name of Contact Demon Telephone Number Email Address Frank Perri (574 ) 532-5646 fperri@earthdesignsred.com SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of Designating Body Resolution Number South Bend Common Council L ocation of Property County DLGF Taxing Distnct Number 312-318 E. Colfax Avenue, South Bend. IN 46617 St. Joseph 026 (South Bend-Portage) Descnption of Real Property Improvements,Redevelopment or Rehabilitation(use addd'onal sheets if necessary) Estimated Start Date(month,day,year) See attached sheet. (Parcels 71-08-12-130-002.000-026; 06/01/2026 F sfinated Completion Date(ni xifl i.day year) 71-08-12-130-011 .000-026) 06/30/2029 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES FROM PROPOSED PROJECT Current Number Salanes Number Retained Salanes Number Additional Salanes 0 $0 0 $0 15 $750,000 SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current Values 0 $26,200 (*)Plus Estimated Values of Proposed Project $50,000,000 $30,000,000 (-)Less Values of Any Property Being Replaced 0 $26,200 Net Estimated Values upon Completion of Protect $50,000,000 $30,000,000 SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated Solid Waste Converted(pounds) 0 f stimated Hazardous Waste Converted(pounds) 0 - Other Benefits SECTION 6 TAXPAYER CERTIFICATION I hereby certify that the representations in this schedule are true Signa*ure of Authorized Representative / , > Date SIn e I(month r dzrz.gar) • Pnnted Name of Authonzed Representative Title Frank Perri Managing Member facie I of 2