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CONFIRMING TAX ABATEMENT - Ontario Partners LLC - Lot 4 Portage Prairie Minor #5, South Bend, IN 46601 Ten (10) YR Real Porperty
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CONFIRMING TAX ABATEMENT - Ontario Partners LLC - Lot 4 Portage Prairie Minor #5, South Bend, IN 46601 Ten (10) YR Real Porperty
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Last modified
4/25/2017 3:57:32 PM
Creation date
2/2/2016 9:12:35 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/11/2016
Ord-Res Number
4523-16
Bill Number
16-01
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City of south Bend <br />7Hg <br />�4Spt <br />W <br />Petition for Incentives <br />5 <br />Petition must include a $250 filing fee payable to the City Clerk's Office or online via the City's website at <br />received? <br />htfp.//southbendm.gov /government /content /fox - abatement before processing can be complete <br />tab' <br />No <br />N/A <br />Legal name as registered with Secretary of <br />Ontario Partners, LLC <br />Business structure Indiana Limited Liability Company <br />Company website Not Applicable <br />Proposed project address To be determined <br />Parent company name Not Applicable <br />City, State, Zip <br />South Bend, IN 46628 <br />Legal owner Ontario Partners, LLC <br />Site acreage or acreage required <br />13 49 <br />Is the real estate owned or Owned <br />Square feet of facility <br />Rei;6arV Contact Information <br />165,000 <br />If leased by whom <br />Primary company contact name <br />Paul Phair <br />Title VP - Development <br />Address of company contact <br />227 S. Main Street, Suite 300 <br />Phone 574 - 217 -4498 <br />City, State, Zip South Bend, IN 46601 <br />Email pphair @holladayproperties.com <br />Senior Official <br />Company senior official name <br />John Phair <br />Title President <br />Address of company contact (if different from <br />above) <br />Same as above <br />I <br />Phone <br />City, State, Zip <br />Consultant Information/Agent <br />Email <br />Hired business consultant/agent name Not Applicable <br />Consultant release (Y /N) <br />Address <br />Local economic development partners <br />approval Y N <br />City, State, Zip <br />Email <br />Project Overview <br />Brief description ofyour <br />The Ontario Building will be a 165,000 square foot industrial facility that will be constructed to serve multiple tenants. <br />company, protect, and why the <br />Approximately 45% (75,000 SF) of the facility will be pre - leased, leaving approximately 55% (90,000 SF) to be marketed as <br />property is necessary for <br />available space that is ready for an immediate user to the market place. Not only is this a development that provides an <br />economic growth <br />immediate impact by retaining, and also adding, jobs immediately, but it provides a new, modern and available industrial <br />space for a user to expand in this market. Due to the low levels of vacancy in industrial space in our area, we expect that <br />this space will be attractive to users both in and outside of our market as they will be able to move at a pace which will <br />support their growing operations. <br />Zai5 <br />CI, <br />Certified Technology Park appropriate <br />No <br />Community Revitalization Enhancement <br />Pstrict <br />Yes <br />Certify that the Building Permit has not been <br />Yes <br />Number ofrestdential units aeated <br />Not Applicable <br />If this is a petition for personal property tax abatement, has <br />the equipment been installed <br />No <br />Am <br />Public Infrastructure needs (Off- <br />Has any 504 funding been <br />What is the value of any equipment being purchased in What is the value of any equipment being <br />site of protect in dollars) <br />received? <br />Indiana for the project? purchased from out ofstate for the project? <br />No <br />No <br />N/A <br />N/A <br />
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