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Council Member Gavin Ferlic, Chairperson October 6, 2014 <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 />CBK Land Development, LLC <br />Dear Council Member Ferlic: <br />Please find attached the Department of Community Investment's report on a real property tax abatement <br />petition for the above - referenced petitioner. Also attached is a copy of the petition, Statement of Benefits <br />form, and supporting information. The project calls for construction of a distribution center as part of the <br />company's planned increase in productive capacity at 5233 Dylan Drive. The project cost is $4,885,376. <br />The report contains the Department's findings relative to the above petition. The project meets the <br />qualifications for a (10) ten -year real property tax abatement and a representative from CBK Land <br />Development, LLC will be available to meet with the Committee on Monday, October 27, 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, <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 />