Confirming Tax Abatement - 211 N. Eddy Street - The South Bend Clinic, LLP, South Bend Mac, L.P. & Eddy Property Development, LLC

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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 se ., and South Bend Municipal Code Section 2-76, et seg., 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 add (a) a new 3-story 104,000 building_ orb ss square foot addition connected to the existing 100,000 square foot medical office structure, and (b) two separate tiered parking structures -one of which will be a 3-story parking structure and the other which will be a 2-stormsstructure, all on the main campus of The South Bend Clinic ("Clinic") eg nerally located at 211 N. Eddy Street in South Bend. All construction will be performed on existing real estate owned by the Clinic and its affiliated entities (including certain property recently acquired as a result of the vacation of a portion of Francis St. (between Colfax Ave. and Luther Ct.) approved by the South Bend Common Council. The project will conclude with some renovation and retrofitting of the existing 100,000 s.f. structure to accommodate new physicians and chap es in particular space use. The overall project is critical to accommodate growth in new physicians by the Clinic to serve an increasing patient population. Additionally, the project will replace and expand current ambulatory surgical facilities on ig na11X constructed in 1984 and now terribly undersized for demand and technology. Inability to expand on site will result in expansion elsewhere, and loss of clinical integration and economy of scale otherwise available in a single site operation. The project will also allow the Clinic to relocate three satellite offices to the expanded main campus for eater economy of scale. Two of the satellite offices are located within two blocks of the Clinic's campus in leased space, while the third office is in Gran er in property owned by the Clinic. This relocation will reduce operating expenses associated with third party leases as well as bring clinicians together in a single facility for greater clinical integration and collaboration. Land Size 4+/- acres; Building Size 205,338 BGSF (consisting of 104,000 sq. ft. new building addition) plus two new tiered parking structures. 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 South Bend Clinic provides a comprehensive array of ambulatory/outpatient medical services through physicians and allied health providers The expanded and renovated facilities will offer the services of up to 91 physicians and mid-level medical~roviders (as compared to 50 in current facilities specializing in 21 different primary care medical and surgical subspecialties. Supporting the ~hysicians will be a complement of expanded on-site diagnostic services including radiology, clinical laboratory, cardiac dia ostic