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Sou rN e� <br /> 227 W.IEFFERSoN BouLWARD OF .'d' �' �.�'t� PHONF S74/235-9371 <br /> SI1nE 1400 S. /,� /- <br /> FAX:5741235-9021 <br /> So1rrH BEND,IN46601-1H30 <br /> 1 a2� <br /> X � <br /> 1985 � <br /> CITY OF SOUTH BEND PETE BUTTIGIEC,, MAYOR <br /> COMMUNITY INVESTMENT <br /> SCOTT FORD, EXEC(1TNE DIRECTOR <br /> August 21, 2013 <br /> Council Member Gavin Fcrlic, Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend, IN 46601 <br /> RE: Real Property Tax Abatement Petition for: <br /> GREAT LAKES CAPITAL DEVELOPMENT <br /> Dear Council Member Ferlic: <br /> Please find attached the Department of Community Investments report on a real property tax abatement <br /> petition for the above-referenced petitioner. Also attached is a copy of the petition, Statement of Benefits <br /> form, and supporting information. The project calls for the renovation of the Hotel LaSalle located at 237 <br /> North Michigan Street. <br /> The report contains the Department's findings relative to the above petition. The total cost for the renovation <br /> is estimated at$9,537,076.10. The project meets the qualifications for a seven to ten-year real property tax <br /> abatement and a representative from Great Lakes Capital Development will be available to meet with the <br /> Committee on Monday, November 25, 2013. <br /> Should you or any of the other Council members have any questions concerning the report, or need <br /> additional information, please feel free to call me at 235-9278. <br /> Sincerely, <br /> X/Z Z/ <br /> BrockL,eeb <br /> Director Economic Resources <br /> Attachments <br /> cc: South Bend Common Council Members <br /> Mayor Pete Buttigieg <br /> Scott Ford <br /> Chris Fielding <br /> Dave Relos <br /> AASISrANT ERF(viNEDIRI'('r<1R RIANNING N F.IGHAOR1 fool)ENGAGF.MI'N T ECONOMIC RrSOVRCFS <br /> clolR FIFI UING III IN KzUN PAMI EI C.Yimk liRo(.K%IfEB <br />