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Council Member Gavin Ferlic, Chairperson February 7, 2014 <br />Community Investment Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Personal Property Tax Abatement Petition <br />Noble Americas South Bend Ethanol LLC <br />Dear Council Member Ferlic: <br />Please find attached the Department of Community Investment's report on a personal property tax <br />abatement petition for the above - referenced petitioner. Also attached is a copy of the petition, Statement of <br />Benefits form, and supporting information. The project calls for the acquisition and installation of new <br />equipment. The project cost is $2,425,000. <br />The equipment costs for two years are $2,425,000. The project meets the qualifications for a (5) five -year <br />personal property tax abatement A representative from Noble Americas South Bend Ethanol LLC will be <br />available to meet with the Committee on Monday, February 24, 2014. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235 -9339. <br />Sincerely,� L ✓/ <br />Brock Zeeb <br />Director Economic Resources <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Pete Buttigieg <br />Scott Ford <br />Chris Fielding <br />