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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />March 8, 2016 <br />CITY OF SOUTH BEND PETE BurriGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />Scow 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: Spectron mrc, LLC. <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 Spectron mrc, LLC: <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. Spectron <br />mrc, LLC will be investing approximately $2,780,000 in the purchase of new <br />pharmaceutical equipment. Spectron mrc, LLC will be leasing space in the newly <br />constructed Ignition Park Catalyst Two building. The project meets the qualifications for <br />a (5) five year personal property tax abatement. A representative from Spectron mrc, <br />LLC will be available to meet with the Committee on Monday, March 14, 2016. <br />Should you or any of the other Council members have any questions concerning the <br />report, or need additional information, please feel free to call me at 235 -5823. <br />Sincerely, /� <br />000e4 l4/ <br />Aaron Kobb <br />Director of Economic Resources <br />Filed in Clerk's Office <br />MAR 0 9 2016 <br />KAREEMAH FOWLER <br />CITY CLERK, SOUTH BEND, IN <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT EcoNOMic RESOURCES <br />PAMELA C. MEYER BRIAN PAWLOWSKI AARON KOBB <br />