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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SouTH BEND, IN 46601-1830 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <br />TAX ABATEMENT REPORT <br />TO: SOUTH BEND COMMON COUNCIL <br />FROM: KATHY HAHN <br />PHONE: 574/235 -9371 <br />FAx:574/235 -9021 <br />SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: <br />Lippert Components Manufacturing, Inc. <br />DATE: March 21, 2014 <br />On March 21, 2014 , a petition for personal property tax abatement consideration for <br />property located at 1902 West Sample Street was filed with the City Clerk by Mr. Scott <br />McPhall of Lippert Components Manufacturing, Inc. Pursuant to Chapter 2, Article 6, <br />Section 2 -82 of the Municipal Code of the City of South Bend, this petition was referred <br />to the Department of Community Investment for purposes of investigation and <br />preparation of a report determining whether the area qualifies as an Economic <br />Revitalization Area pursuant to I.C.6 -1.1 -12.1 and whether all zoning requirements have <br />been met. <br />The Department of Community Investment has reviewed the petition, investigated the <br />area, and makes the following report. <br />PROJECT SUMMARY <br />Drew Industries Incorporated is the real estate holding company. Lippert Components <br />Manufacturing, Inc. will be the lessee. Lippert Components Manufacturing, Inc. (LCI) is <br />a tier -1 supplier serving the manufactured Housing (MH), Recreational Vehicle (RV), <br />and Cargo/Horse Trailer Industries. LCI is an industry leader in a multitude of products <br />including chassis, fabricated steel parts, entry doors, axles, leveling and stabilization <br />equipment, suspension enhancement products, and accessories that enhance the RV <br />lifestyle. As an industry leader and innovator , LCI has grown into a multi- state, multi- <br />facility organization. <br />As part of the company's growth plans, it is in need of racking, forklifts, and computers <br />costing $1.3 million over the next two years. <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />JITIN xAIN PAMELA C. MEYER CHRIS FIELDING DONALD E. INKS <br />