Laserfiche WebLink
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 />June 3, 2014 SCOTT FORD, EXECUTIVE DIRECTOR <br />Council Member Gavin Ferlic, Chairperson <br />Community Investment Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Real Property Tax Abatement Petition for: <br />CATALYST, LLC <br />Dear Council Member Ferlic: <br />PHONE: 574 /235 -9371 <br />FAX: 574/235 -9021 <br />Please find attached the Department of Community Investment's report on a real property <br />tax abatement petition for the above - referenced petitioner. Also attached is a copy of the <br />petition, Statement of Benefits form, and supporting information. The project calls for the <br />construction of two multi - tenant facilities in Ignition Park. <br />The report contains the Department's findings relative to the above petition. The total <br />cost for the construction is estimated at $12,000,000 over a two year period. The project <br />meets the qualifications for a seven -year real property tax abatement and a representative <br />from Catalyst, LLC will be available to meet with the Committee on Monday, July 14, <br />2014. <br />Should you or any of the other Council members have any questions concerning the <br />report, or need additional information, please feel free to call me at 235 -9339. <br />Sincerel y, <br />/ <br />1l <br />Brock Zeeb <br />Director Economic Resources <br />Attachments <br />cc: South Bend Common Council Members <br />Scott Ford <br />Chris Fielding <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />JITIN KAIN PAMELA C. MEYER CHRIS FIELDING DONALD E. INKS <br />