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• r a n • U M UTH BF <br />o aQi,i�Ci /„ �o <br />Community & Economic Development <br />7865 <br />1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 ♦ Phone 574/235 -9371 ♦ Fax 574/235 -9021 <br />To: South Bend Common Council <br />From: Bob Mathia;0/j <br />Subject: Stanz Foodservice Petition for Personal Property Tax Abatement <br />Date: July 17, 2008 <br />Due to insufficient information and deadlines at the time of preparation, the report for the subject tax <br />abatement petition did not contain the estimated amount of property tax to be abated and paid during <br />the five -year term of the abatement. The necessary information has since been received and the <br />estimates are provided below and in the attached tables. <br />Total taxes to be abated during the (5) five -year abatement period are estimated at $16,119. Total <br />taxes to be paid during the (5) five -year abatement period are estimated at $136,325 <br />MemoToCommon Council.7.17.08 What We Do Today Makes A Difference! <br />