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

Home Browse Search

environment. In doing so, the IP @ND will foster and facilitate the accelerated exploration and development of the commercial applications of these technology platforms through technology transfer, joint ventures, start -ups, and other avenues with large and small innovation -based businesses located in Michiana, across the U.S., and around the world. Succinctly stated, the mission of the Innovation Park at Notre Dame is, therefore, to transform research into marketable enterprises. The IP @ND will accomplish this mission by providing convenient access to necessary space, administrative services and Internet connectivity in combination with the active engagement of expert technical support, professional business advice and introduction to private risk capital. Key outcomes will include the translation of intellectual property into viable products and services, as well as enhanced research /technology development opportunities and uniquely valuable educational experiences forfacultyand students. At the same time, the IP @ND will not actively provide the means to advance basic research off campus, or to seek to become a long -term landlord for start-up or other commercial ventures on this site. Instead, the IP @ND will encourage the continuous development of its core research /technology platforms and facilitate an accelerated exploration of potential commercial applications, leading to the eventual transplantation of these enterprises into Michiana for market scale -up. 3. Estimate the dollar value of the project (excluding land): $10,000,000 - $15,000,000 4. The current assessed valuation of the real property before rehabilitation, redevelopment, economic revitalization, or improvement: $210,000 - -which amount represents the approximate assessed value for the 12 -acre site of the proposed project. The unimproved land that makes up such 12 -acre site is assessed at approximately $17,500 an acre, and, therefore, the 12 -acre site of the proposed project represents approximately $210,000 of current assessed value (12 x $17,500 = $210,000). Such 12 -acre site is located on a portion of the two parcels identified at Question No. 7 below (total assessed value for the two parcels is $1,290,830 for real property taxes payable in 2007). 5. (a) The real property for which tax abatement consideration is petitioned (Property) is owned or to be owned by the following individuals or corporations (if the business organization is publicly held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): NAME ADDRESS INTEREST ( %) University of Notre Dame 203 Main Building 100 du Lac Notre Dame, IN 46556 -5602 (b) The following other person(s) lease, intend to lease, or have an option to buy the Property (include corporate information as required in 5(a) above, if applicable); 2 (Rev 12/29/06)