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227 W. JEFFERSON BOULEVARD <br />SuITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />May 12, 2015 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <br />Council Member Gavin Ferlic, Chairperson <br />Community Investment Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Personal Property Tax Abatement Petition for: Schafer Industries, Inc. <br />Dear Council Member Ferlic: <br />PHONE: 574 /235 -9371 <br />FAx:574/235 -9021 <br />Please find the attached information pertaining to a personal property tax abatement <br />petition for Schafer Industries, Inc.: <br />➢ Department of Community Investment's summary report <br />➢ Copy of the petition <br />➢ Statement of Benefits form <br />➢ Supporting information. <br />The report contains the Department's findings relative to the above petition. Schafer <br />Industries, Inc. will be purchasing and installing approximately $2,450,000 of new <br />equipment to meet market demands and acquire new customers. The project meets the <br />qualifications for a (5) five year personal property tax abatement and a representative from <br />Schafer Industries, Inc. will be available to meet with the Committee on Tuesday, May 26, <br />2015. <br />Should you or any of the other Council members have any questions concerning the report, <br />or need additional information, please feel free to call me at 235 -9339. <br />Sincerely, <br />-;5 /24-n <br />Brock Zeeb <br />Director Economic Resources <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Pete Buttigieg <br />Scott Ford <br />Chris Fielding <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />JITIN KAIN PAMELA C. MEYER CHRIS FIELDING BRocKZEEB <br />