Confirming Tax Abatement - 4440 North Portage Road - The South Bend Clinic

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CITY OF SOUTH BEND PETITION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION The undersigned owner(s) of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for real property tax abatement consideration and pursuant to I.C. 6-1.1-12 1-1, et sec ., and South Bend Municipal Code Section 2-76, et sec ., for this petition states the following: Describe the proposed redevelopment or rehabilitation project, including information about physical improvements to be made, the proposed use of the improvements, and a general statement as to the importance of the project to your business. The proposed project will convert a current vacant, undeveloped lot into a campus for primary medical care services. The western portion of the land will be developed with a 1.5 story 13 874 gross square foot medical office that will offer the services of up to eight physicians specializing in family medicine and internal medicine. Parking space will consist of 102 paved surface parking spaces. Primary campus access will be from Brick Road. Comprehensive landscaping will be undertaken so as to present a community based, residential medical office complementing area conditions, while the balance of the property which will be undeveloped and available for future use will be seeded with natural wildflowers and grasses. (See additional information on Exhibit D.) Land Size 12.72 acres +/- acres; Building Size 13,874 BGSF 2. Describe the overall nature of the business and of the operations occurring at the Property (Please attach additional sheet if more space is needed): The medical office will offer the services of up to eight physicians specializing in family medicine and internal medicine. Supporting the physicians will be a complement of on-site diagnostic services including plain film radiography, screening mammography and basic laboratory services. The physicians will serve a patient population from obstetric and newborn care through children, adolescents adults and the elderly. On site procedural services will include minor office surgery and care of acute inluN, flexible sigmoidoscopy, primary dermatologic services, routine fracture care, and complete physicals and preventative medicine services. (See additional information on Exhibit D.) 3. Estimate the dollar value of the project (excluding land): $2,943,000 4. The current assessed valuation of the real property before rehabilitation, redevelopment, economic revitalization, or improvement: $26,100