Confirming Tax Abatement - University of Notre Dame Du Lac, and Innovation Park at Notre Dame, IN

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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 a base forthe technology platform development in addressing basic human needs, such as water, nutrition, clean air, health, shelter, education, communications, transportation, energy and the 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 otheravenues 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 fo necessary space, administrative services and Internet connecfivity 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 researchltechnology development opportunities and uniquely valuable educational experiences for faculty and students. At the same time, the IP@ND will not actively provide the means to advance basic research off campus, or to seek tobecome along-term landlord for start-up or other commercial ventures on this site. Instead, the IP@ND will encourage the confinuous 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. 6. The commonly known address of the property where the Equipment is located is: No common address is currentlyavailable. The propertyis located on an approximately 12-acre site with Edison Road on the northern boundary, State Road 23-South Bend Avenue on the southern boundary, and Twyckenham Drive running through the property as shown on Exhibit A and Exhibit B hereto. 7. The Key Number of said property is: 17-1017-0406; 18-5102-3579 8. Attached is the legal description of the property where the equipment is to be located, marked "Exhibit A," and is hereby incorporated herein. 9. Attached are a map and/or plat describing the property where the equipment is to be located, marked "Exhibit A" (the Plat) and "Exhibit B" (the Map), and are hereby incorporated herein. Please see Exhibit "B" attached hereto and made a Hart hereof. 10. Attached are photographs of the property, taken within 30 days of filing of this petition, marked "Exhibit C," and are hereby incorporated herein. 3