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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 />SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: <br />CHASE PLASTICS <br />DATE: October 6, 2014 <br />PHONE: 574/235 -9371 <br />FAX: 574/235 -9021 <br />On October 6, 2014 a petition for personal property tax abatement consideration for property located <br />at 5233 Dylan Drive, South Bend, is filed with the City Clerk by Chase Plastics. Pursuant to Chapter <br />2, Article 6, Section 2 -84.2 of the Municipal Code of the City of South Bend, this petition was <br />referred to the Department of Community Investment for purposes of investigation and preparation of <br />a report determining whether the area qualifies as an Economic Revitalization Area pursuant to <br />I.C.6 -1.1 -12.1 and whether all zoning requirements have been met. <br />The Department of Community Investment has reviewed the petition (a copy of which is attached), <br />investigated the area, and makes the following report. <br />PROJECT SUMMARY <br />The proposed project is the purchase and installation of new equipment at their new distribution <br />center which is being constructed by CBK Land Development LLC. Chase Plastics is the tenant. <br />The equipment will cost $265,000. <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />11TM KAIN PAMELA C. MEYER CHRIS FIELDMG DONALD E. INKS <br />