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City of South Bend <br />�> a4�UTego <br />Petition for I iceintiyes : <br />Petition mastlnclud o$2S0 I1n <br />4 jl gfee'payabie to the City- Clerk's Office oronllne vio the website at <br />http.!j1s uthben` din. gov/ grevemment% ontent /tax•abatementbeJorepiocessing can: be complete - rats.. <br />General Information Project Name Project Number <br />Legal r ame sred itsaxet y w <br />state MGE Wholesale, Inc. <br />Business structure incorporated <br />companywebsite - - NA <br />Proposed Project Information <br />PFOpo{edprojeetaddcess parent companyname <br />5021 Nimtz Parkay - NA <br />CJry, State Zip <br />South Bend, IN 46628 <br />l owner ,e <br />Lega .; Bradley Foster <br />Site acteage dr Saeage required 'r; <br />11 <br />Is the real estate owned or owned <br />Square ferret facility <br />Primary Contact Information <br />120,000 <br />If leased bywkom <br />MGE Wholesale <br />frimary,2ompany contact name <br />Bradley Foster <br />Title President <br />Address of tympany contact <br />5021 Nim�Parkway <br />Phone 574- 257 -0020 <br />City, SUte,zip ", South Bend, IN 46628 <br />Email brad @MGEgroup.com <br />Senior Official <br />Company senior official name Same as above <br />Yme <br />Address. ofcompany contact gf different from <br />gboyE <br />Phone <br />Chy, SU2e, 2fP <br />Email <br />Consultant Information/Agent <br />Hired business consultant/agent t name <br />Consultant release (Y /N) <br />Address <br />Loral economic development partners <br />a royal N <br />CIty Sbna, Zlp <br />_. <br />Email <br />Overview .. <br />Project .... <br />Brief description of pour <br />The Foster Group is seeking to purchase the facility in Blackthorn to house a wholesale distribution company. The facility <br />company, project, and why the <br />will be owned by the Foster Group LLC and leased to MGE Wholesale. The facility has sat vacant for 3 years and <br />property is necessary for <br />expenenced vandalism to the mechanical systems during that lime. We are seeking to purchase the facility and make <br />economlegrowth: <br />upgrades to the building to accommodate a new wholesale operation. <br />The eligibility of the building and Personal Property for Tax Abatement will allow for a positive NOI in the first two years as <br />_ <br />we complete construction, design, upgrades and I u ch oo tie company. - - - - - -_ <br />Certified Technology Park appropriate <br />N <br />Community Revitalization Enhancement <br />District <br />N <br />Catlfy that the Building Permit has not been <br />N <br />Nmbof resWendalunitsuateitby. <br />If this Ise petition for personal property tax abatement, has <br />- the - ul ment been lnstalletl <br />NO <br />