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

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by the Indiana Bureau of Child Development. ECDC operates two programs, one on the campus of Saint Mary's College and the other on the campus of the University of Notre Dame. Both sites are governed by one Board of Directors and operate with the same educational philosophy, curriculum, parent involvement, college student involvement and enrichment opportunities. ECDC is partially funded by Saint Mary's College and the University of Notre Dame to serve their communities. ECDC serves as an early childhood leader, administering grants and facilitating activities in our community which support early childhood quality and training initiatives. The ECDC program seeks to enhance the growth and development of the whole child through a developmentally appropriate curriculum. The curriculum equally fosters cognitive, social, emotional, physical and creative growth through experience-based, hands-on learning activities and play. A central goal is the promotion ofeach child's self confidence and love of learning. Learning experiences with peers and teachers encourage the development of the 4R's: respect, responsibility, resourcefulness and responsiveness. The ECDC program believes that the 4R's are the foundation blocks fordemocratic living. ECDC provides a positive and nurturing environment within which young children thrive. ECDC views itself as an extension of each child's family. As such, ECDC works to develop a genuine partnership with parents. ECDC teachers and staff recognize and celebrate the diversity of its children and families. ECDC is committed to establishing an anti-bias curriculum that supports our multicultural community. ECDC welcomes students ofanyrace, color, religion, genderand nafional or ethnic origin. 16.~ What is your best estimate of the market value of the new Equipment after installation? The best estimate of the market value of the new Equipment after installation is no less than $500,000. However, a great deal of this equipment is dedicated for specialized applications, which are likely to limit its resale value immediately after installation. 17. What is your best estimate of the amount of taxes to be abated during each of the five years after installation? (Estimate based on $500, 000 investment and 3% tax rate). Year Estimated Dollar Amount 1 $ 6,000 2 $ 6,720 3 $ 3,780 4 $ 1,920 5 $ 720 18. What is the commitment your firm will make to minority employment during the five years of tax abatement? See information at Exhibit E herefo. 19. The Equipment has not been installed as of the date of filing of this petition. The signature at the end of this Petition is verification of this statement. 5