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

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(a) The real property for which tax abatement consideration is petitioned (Property) is owned or to be owned by the following individuals or corporations (if the business organization is publicly held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): Name Address Interest Portage Property Development, LLC, a wholly owned real estate entity of The South Bend Clinic LLP (b) The following other person(s)s lease, intend to lease, or have an option to buy the Property (include corporate information as required in (5)(a) above, if applicable): Name Address Interest The South Bend Clinic, LLP, 211 N. Eddy St., South Bend, IN 46617-Leasee 6. The commonly known address of the Property is: 4440 N. Portage Ave, South Bend, IN 46628 7. The Key Number(s) of said property is: 004-1014-0217 A legal description of the above address is attached hereto, marked "Exhibit A," and incorporated herein. See Attached Exhibit A 9. A map and/or plat describing the Property is attached hereto, marked "Exhibit B," and incorporated herein. See Attached Exhibit B-1 and B-2 10. Photographs of the Property, taken within two (2) weeks of filing of this petition, are attached hereto, marked "Exhibit C," and incorporated herein. See Exhibit C 11. The redevelopment or rehabilitation project itself will create 1 full-time and 2 part-time permanent jobs within the first year, representing a new annual payroll of $66,705 (b) and will maintain 19 existing permanent full-time and 7 existing permanent part-time jobs with an annual payroll of $598,868 (b), including existing permanent full-time minority employment of 2 and existing permanent part-time minority employment of 1. Footnotes to # 11 (a) It is projected that year one will add three incremental positions, one full time and two initially as part time ~rowin~ to full time by mid to end of year. See response to # 12 for 2