04-27-15 Agenda, Packet & Committee Meeting Notice

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STATEMENT OF BENEFITS REAL ESTATE IMPROVEMENTS State Form 51767 (R412 -13) Prescribed by the Department of Local Government Finance This statement is being completed for real property that qualifies under the following Indiana Code (check one box): Redevelopment or rehabilitation of real estate improvements (IC 6 -1.1. 12.1 -4) ❑ Residentially distressed area (IC 6-1.1- 12.14.1) fNSIKUGIIVNS. 1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise, this statement must be submitted to the designating body BEFORE the redevelopment or rehabilitation of real properly for which the person wishes to claim a deduction. Projects-planned or committed to after July 1. 1987, and areas designated after July 1, 1987, require a STATEMENT OF BENEFITS. (IC 6 -1.1 -12.1) 2. Approval of the designating body (City Council, Town Board, County Council, etc.) must be obtained prior to initiation of the redevelopment or rehabilitation, BEFORE deduction maybe appro ved. 3. To obtain a deduction, a Form 3221RE must be filed with the County Audftor before May 10 in the year in which the addition to assessed valuation is made or not later than thirty (30) days afterthe assessment notice is mailed to the property owner if it was mailed after April 10. If the property owner misses the May 10 deadline in the initial year of occupation, he can apply between March 1 and May 10 of a subsequent year. 4. Property owners whose Statement of Benefits was approved after June 30, 1991, must attach a Form CF- IlReal Property annually to the application to show compliance with the Statement of Benefits. PC 6- 1.1- 12.1.5.1(b) and 1Cfi -1.1- 12.1- 5.3Q)J. 5. The schedules established under IC 6- 1.1- 12.1-4(d) for rehabilitated property apply to any economic re vitalization areas designated after June 30. 2000, unless an aftemative deduction schedule is adopted by the designating body (IC 6.1.1- 12.1 -17). The schedules effective pdorto July 1, 2000, shall continue to apply to economic revitalization areas designated before July 1. 2000. • •- Name of taxpayer Ameriplex Superior Partners, L.P. Address of taxpayer (number and street city, state, and ZIPCode) 227 S. Main Street Suite 200 South Bend, IN 46601 Name of contact person Telephone number E -mail address Manette Tape $74- 2i74�05 mtepe @holladaypropentes.com ' Name of designating body City of South Bend Resolution number Location of property County 5231 Dylan Dnve, South Bend, IN SL Joseph DLGF taxing district number Description of real property improvements, redevelopment t orrehabililaGOn fuse addib'onalsheets if necessary) Estimated start dale (month, day. yean May2015 The existing building will receive an addition of 60,770sf. Estimated completion dale (month, day, year) August 2015 '- • - • `Salaries 1 1 Current number Number retained Salaries Number additional Salaries 62 $2,086,220 62 $2,086,220 12 $025.000 t REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current values $3,500,000 $3,253,100 Plus estimated values of proposed pro ect $2,100,000 $1.500.000 Less values of any property being replaced Net estimated values upon completion of project $5,600,000 $4,753,100 Estimated solid waste converted (pounds) Estimated hazer F"Od" rted { pounds .V Other benefits ) CITY CLERri%'jSOW H, BEND, IN SECTION 6 TAXPAYER CERTIFICATION I he b certify t e representations in this statement are true. Signature f a h r resentaltve Title ^ Date signed (month, day, yead - r Page 1 of 2