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2009 Annual Report of the Community and Economic Development Committee <br />December 3, 2008 <br />Page 2 <br />Initiative; progress report on Eddy Street Commons; reviewed a lease for improvements <br />for Century Center; received an update on the expansion of the Airport Economic <br />Development Area (AEDA) and Portage Prairie; received updates on Coveleski Park <br />Planning Area and East Bank Development Area; received an update from the DTSB, <br />Inc. Executive Director as well as continued discussion of our local tax abatement <br />procedures. Tax abatement requests included discussions on the following: <br />• Tax Abatement requests heard in chronological order for: <br />1. 9-year Real Property Tax Abatement for Key SB, LLC, the Hinman Company <br />2. 5-year Residential Real Property Tax Abatement for properties in Lafayette <br />Falls, Phase III <br />3. 5-year Residential Real Property Tax Abatement for Brian & Alison Levey at <br />918 N. St. Peter <br />4. 6-year Real Property Tax Abatement for Ryan Fire Protection, Inc., at 3950 <br />William Richardson Court <br />5. 10-year Real Property Tax Abatement for McKinley Apartments Housing, LP <br />6. 4-year Real Property Tax Abatement for 3445 William Richardson Drive for <br />Jade Elephant Holding LLC (Lake Michigan Mailers, Inc.) <br />7. 5-year Personal Property Tax Abatement for 3445 William Richardson Drive <br />for Jade Elephant Holding LLC (Lake Michigan Mailers, Inc.) <br />8. 5-year Residential Real Property Tax Abatement for Garden Homes <br />9. 5-year Personal Property Tax Abatement for Triangle Machine <br />10.7-year Real Property Tax Abatement for Heraeus Kulzer <br />11.5-year Residential Real Property Tax Abatement for Tampico <br />12. 5-year Residential Tax Abatement for 601 Cottage Grove and 701 South <br />Grant for Habitat for Humanity <br />13.2-Year Real Property Tax Abatement for River Rock, Inc. <br />14. 5-year Residential Real Property for 1401 South Main Street for Old Fort <br />Building Supply <br />15. 5-year Residential Real Property Tax Abatements for the Villas at Lake <br />Blackthorn Sections I and II, Cooreman Real Estate <br />16. 5-year Real Property Tax Abatement for Stanz Food at 1840 Commerce Drive <br />17.5-year Residential Real Property for Cleland Builders for remaining lots in <br />Section 1 of Jade Crossing <br />18. 5-year Personal Property Tax Abatement for Mann & Hummel USA, Inc. at <br />1824 North Bendix <br />19. Personal and 10-year Real Property Tax Abatement for Innovation Park at <br />Notre Dame <br />20. 5-year Residential Real Property Abatement for Southfield Lake, LLE Real <br />Estate <br />21.5-year Residential Real Property Tax Abatement for Lafayette Fall, Phase IV, <br />Kendall-Weiss <br />