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1200 ComN -CI BUILDING <br />227 W JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601 -1830 <br />PHONE 574/235 -9371 <br />FAx 5741235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />July 18, 2005 SHARON T. KENDALL <br />EXECUTIVE DIRECTOR <br />Council Member Ann Puzzello, Chairperson <br />Community & Economic Development 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 />Ancatrice, LLC (Omicron Biochemicals, Inc.) <br />Dear Council Member Puzzello: <br />Please find attached the Department of Community & Economic Development's report on a commercial real <br />property tax abatement petition for the above identified petitioner for renovations to the building they <br />recently purchased. Also attached is a copy of the petition, Statement of Benefits form and supporting <br />information. <br />The report contains the Department's findings relative to the above petition. The petitioner plans renovate <br />the building located at 115 South Hill Street. The cost of the renovations will be $200,000. The project <br />meets the qualifications for seven (7) year real property tax abatement and a representative from Ancatrice, <br />LLC (Omicron Biochemicals, Inc.) will be available to meet with the Committee on Monday, July 25, 2005. <br />Should you or any of the other Council members have any questions concerning the report or need additional <br />information, please feel free to call me at 235 -5825. <br />Sincerely, <br />Tedd Schaffer <br />Economic Development Specialist <br />Attachments <br />c: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Sharon Kendall <br />Don Inks <br />Bob Mathia <br />�k�e O�t:ce <br />Ft�Qfi� <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />574/235 -9660 574/235 -9371 ELIZABETH LEONARD <br />PAX: 574/235 -9697 574/235 -9371 <br />