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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neurological,_pain visual and auditory services. The current 2 suite/4500 s.f. outpatient sur ery center will be replaced and expanded with a 8 suite 22 000 s.f. center. The physicians serve a patient population from obstetric and newborn care through children adolescents adults and the elderly. In addition to routine physician office visits, outpatient surgery and diagnostic tests, on site procedural services include minor office surgery and care of acute injury, flexible siQmoidoscopy, dermatologic services, skin cancer surgery and cosmetic dermatology, routine fracture care, and retail pharmac}_and optical dispensing and hearing aid services. Current facilities are frequented by well over 1,000 patient per day (M-F) seeking medical care. 3. Estimate the dollar value of the project (excluding land): $32,984,000 for construction and A&E fees, but not including owner's costs for fixtures and furnishings estimated at $3,500,000 or financing fees and interest expense. 4. The current assessed valuation of the real property before rehabilitation, redevelopment, economic revitalization, or improvement: $5,517,530 5. (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 Eddy Property Development, LLC, a wholly owned real estate entity of The South Bend Clinic, LLP; and South Bend MAC, LP, an affiliated partnership owning current facilities and real estate. All entities have address of record as 211 N. Eddy St, South Bend, IN 46617 (b) The following other person(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--Lessee 6. The commonly known address of the Property is: 211 N. Eddy St, South Bend, Indiana 46617 7. The Key Number(s) of said property is: 018-5017-0594 plus contiguous minor parcels which will be used to facilitate the development (see Attached Exhibit D). 8. A legal description of the above address is attached hereto, marked "Exhibit A," and -2-