Commendation Leroy Dixon for participating in the 2008 Summer Olympics held in Beijing, China (2)

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CITY OF SOUTH BEND PETITION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION The undersigned owner(s) of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for real property tax abatement consideration and pursuant to I.C., 6 -1.1- 12.1 -1, et seq., and South Bend Municipal Code Sec. 2 -76 et seq., for this petition states the following: Unless otherwise noted herein, the responses to the following questions pertain only to Phase I of the proposed project. Reference should be made to Form SB- 1 /Real Property Statement of Benefits for the proposed project for a more detailed description of Phase II, Phase III and Phase IV of the proposed project. 1. Describe the proposed redevelopment or rehabilitation project, including information about physical improvements to be made, the proposed use of the improvements, and a general statement as to the importance of the project to your business: The proposed project is a new technology park to be known as the "Innovation Park at Notre Dame" (`7P @ND') and will include the construction of four buildings on an approximately 12 acre site, with construction to begin on the first building (Phase I) in the early fall 2008 and be completed within 12 to 24 months. The Master Plan for the project anticipates three additional buildings to be phased in between 2010 and 2018. The future phases are expected to include a free - standing addition to the first building (Phase 11) followed by two additional separate buildings (Phases 111 and IV) on the main site. A further facility may also be added on the approximately two -acre portion on the east side of Twyckenham Drive. The first building (Phase I) will be the main gathering area for the entire park, and provide most of the essential common areas, conference facilities and training resources. Phase I will comprise a facility of approximately 54,000 sq ft on three levels, with the reception area, administration space and "Greenhouse" incubator facility (approximately 6, 000 sq ft) on the first level. The second and third levels will be designed as `build -to -suit' tenant areas for general office space and dry or wet lab configurations. Land Size approximately 12 acres; Building Size approximately 54,000 sq.ft. 2. Describe the overall nature of the business and of the operations occurring at the Property (attach additional sheet if more space is needed): The IP @ND will encourage the initiation and growth of world -class research activity on the campus of the University of Notre Dame, and in collaboration with other universities and colleges. The IP @ND will act as abase for the technology platform development in addressing basic human needs, such as water, nutrition, clean air, health, shelter, education, communications, transportation, energy and the (Rev 12/29/06)