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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />May 14, 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: Masterbilt, 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 Masterbilt, 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. Masterbilt, <br />Inc. will be purchasing and installing approximately $600,000 of new equipment to <br />improve capabilities, efficiencies, and produce more complex parts to meet market <br />demands. The project meets the qualifications for a (5) five year personal property tax <br />abatement and a representative from Masterbilt, Inc. will be available to meet with the <br />Committee on Tuesday, May 26, 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 />>3 ) ?� <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 KAN PAMELA C. MEYER CHRIS FIELDING BROOK ZEEB <br />