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1200 CouNTY-Cny BUILDING <br />SOUTH BEND, INDIANA 46601 -1830 <br />March 17, 2004 <br />PHONE 574/ 235-9371 <br />FAx 574/ 235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />Council Member Roland Kelly, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Commercial Real Property Tax Abatement Petition for: <br />TriNet Essential Facilities X, Inc., for the benefit of: Cequent Towing Products, Inc. <br />3310 William Richardson Court <br />Dear Council Member Kelly: <br />Please find attached the Department of Community & Economic Development's report on a commercial <br />real property tax abatement petition for the above referenced petitioner, for the rehabilitation of an <br />existing distribution facility at 3310 William Richardson Court. Also attached is a copy of the petition, <br />Statement of Benefits form and supporting information. <br />The report contains the Department's findings relative to the above petition. The petitioners, TriNet <br />Essential Facilities X (building owner) and Cequent Towing Products (operating entity), plan to <br />rehabilitate the distribution facility at 3310 William Richardson Court. The total cost is estimated to be <br />$860,366. The petitioners are seeking a six (6) year real property tax abatement. Please note that a <br />building permit has already been issued for this project making it ineligible for abatement, however the <br />petitioners would still like to be considered for the abatement and the attached report details the <br />circumstances regarding the building permit. Representatives of the two companies will be available to <br />discuss this abatement request with the Committee on Monday, March 22, 2004. <br />Should you o r a ny o f t he o ther C ouncil in embers h ave any questions concerning t he r eport o r n eed <br />additional information, please feel free to call me at 235 -5828. <br />cerely, �oc <br />Terry J O'Brien <br />Economic Development Specialist <br />Attachments <br />c: South Bend Common Council Members <br />Mayor Stephen Luecke <br />COMMUMTY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br />PAMELA C. MEYER DONALD E. INxs MANAGEMENT <br />574/235 -9660 5741235 -9371 EuzAsnm LEONARD <br />FAx: 574/235 -9697 574/235 -9371 <br />