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South Bend Redevelopment Commission <br />Regular Meeting -July 18, 2008 <br />6. NEW BUSINESS (CONT.) <br />B. Tax Abatements <br />(3) continued... <br />Development Area; therefore the <br />Redevelopment Commission must give its <br />approval. The project qualifies for five years <br />of personal property tax abatement under the <br />tax abatement ordinance. <br />The petitioners have been granted one <br />previous tax abatement for five years on real <br />property. The property is properly zoned for <br />the proposed use. The property is in the <br />Airport Economic Development Area; <br />therefore the Redevelopment Commission <br />must give its approval. The project qualifies <br />for four years of real property tax abatement <br />under the tax abatement ordinance. <br />Mr. Deahl, Barnes & Thornburg, noted that <br />this project is an extension of the $6M <br />project to construct an additional warehouse <br />approved in 2007. At that time they opted to <br />not change locations, but to expand at their <br />existing site and acquire additional land <br />adjacent to that. <br />Mr. Blake noted that Stanz Foodservice was <br />always an active member of the Minority and <br />Women's Business Association. <br />Upon a motion by Mr. Blake, seconded by <br />Dr. Varner and unanimously carried, the <br />Commission approved Resolution No. 2470 <br />approving an application for personal <br />property tax deduction for property located at <br />1840 N. Commerce Drive in the Airport <br />Economic Development Area (Stanz <br />Foodservice, Inc.) <br />COMMISSION APPROVED RESOLUTION NO. 2470 <br />APPROVING AN APPLICATION FOR PERSONAL <br />PROPERTY TAX DEDUCTION FOR PROPERTY <br />LOCATED AT 1840 N. COMMERCE DRIVE IN THE <br />AIRPORT ECONOMIC DEVELOPMENT UREA <br />(STANZ FOODSERVICE, INC. <br />21 <br />