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South Bend Common Council <br />RE: University Of Notre Dame, Innovation Park At Notre Dame, Inc. <br />August 12, 2008 <br />Page 3 <br />ABATEMENT QUALIFICATION <br />1. A review of the tax abatements pre1viously granted finds that the petitioner has not been granted or <br />assn Vlated YVlth all,' <br />previous 1V uJ tUA al~JGL14111e11ts. <br />2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned <br />for the proposed project. <br />3. A review of the South Bend Redevelopment designation areas finds that the property is located in <br />the Northeast Neighborhood Development Area, which is a Tax Incremental Allocation Area; <br />therefore, the petition for personal property tax deduction must first be approved by the South Bend <br />Redevelopment Commission. <br />4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the <br />qualifications for a (5) five -year personal property tax abatement under section 2 -84.2, Tangible <br />Personal Property Tax Abatement. <br />