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STATEMENT OF BENEFITS <br />VACANT BUILDING DEDUCTION <br />State Form 66182 (R / 2 -14) <br />Prescribed by the Department of Local Government Finance <br />This statement Is being completed for real property that qualifies as an "eligible vacant building' as defined by <br />IC 6 -Li -12.11- 1(17). <br />20_JfL PAY 20—ICL <br />FORM SB -1 / VSD <br />ARIVACY NOTICE_ <br />77'�t�e:gosl snit/: .peFlhclndtviduars <br />&?ls „iiigittpmia pn��s.ca}f[dtsriYial,�he <br />'bitlanceof the fpngg • ":pt!blfc_recprd . <br />per IC 'bland (d). <br />INSTRUCTIONS: <br />1. This statement must be submitted to the body designating the Economic Revilarzation Area prior to the public heating If the designating body <br />requires information from the applicant In making Its decision about whether to designate an Economic Re"Ization Area. Otherwise, this statement <br />must be submitted to the designating body BEFORE the occupation of the a /lgible vacant building for wfikh the person wishes to claim a deduction. <br />2. To obtains vacant building deduction, a Form 3221VBD must be filed with the county auditor before May 10 in the year in which the property owner <br />or his tenant oocuplas the vacant building or not later than thirty (30) days after the assessment notice is mailed to the property owner if It was <br />mailed afterApril 10. If the property owner misses the May 10 deadline In the Initial year of occupation, he can apply between March f and May 10 <br />of subsequent year. <br />3. A property owner who riles the form 3221VBD must provide the county auditor and the designating body with a Form CF- VVBD to show compliance <br />with the approved Form SB -1NBD. The Form CF -UVBD must also be updated each year in which the deduction is applicable. <br />SECTION • • <br />Appletree Associates LP <br />Address of taXpayar (number end street 'olty, stale, and ZIP code) <br />2180 Hornig Road Philadelphia, PA 19116 <br />Name of contact person <br />Telephone number <br />E-mail address <br />Greg Warshaw -. <br />( 215 ) 673 0400 <br />gre�'.warshaw@peigenesis.com <br />SECTION • • D DESCRIPTION <br />OF • • , PROJECT <br />Name of de's hs0ng li6tly - .:...- <br />ReSdhition number <br />City of South Bend Common Council <br />Location or property <br />County <br />DLGF taxing dIT50 number <br />1915 Bendix Drive South Bend IN 46628 <br />St. Joseph <br />German, South Bend <br />poscitption Of eligible vaeant,buildilig that the property owner or tenant will occupy fuse addRronaisheata 1f necessary). <br />Estimated occupancy date (month, day, year) <br />64,500 square foot facility including production, warehouse and office space on 4.45 acres adjacent <br />1/1/2016 <br />to the South Bend Airport, This space has been vacant and for sale and/or lease since the prior <br />Estimated date placed-In-use (month, day, year) <br />tenant (PEI /Geriesis, Inc.) moved to Its new facility in 2007. <br />. SECTION 3 ESTIMATE OF EMPLOYEES <br />AND SALARIES AS A RESULT OF PROPOSED PROJECT <br />current number Salarles <br />Number retained Salaries Nurpbereddttlonal Salaries <br />:SECTION ESTIMATED <br />TOTAL COST AND VALUE OF PROPOSED PROJECT <br />_ _ ..._ : _REAL ESTATE IIVIF�OV�MENTS <br />COST ... <br />ASSESSED.VALUE <br />Current values <br />Plus estimated values of ' ro osed ro act <br />Less values of an pro ert beln replaced <br />Net estimated valves upog tfgplelrott of.proJ4pl: <br />SECTION <br />•- TO SELL OR LEASE VACANT BUILDING <br />Oesadbed efloris by a owner or previous ownerto sell; tease, or rent the b B-Ing during perod - vacancy: <br />This building has been for sale and/or lease since 2007 through numerous brokers. it is currently listed with Newmark Grubb Cressy & <br />Everett. <br />Show amount for which the building was offerdd for sale, lease, or rent during period of vacancy. <br />' — <br />Current listing: Sale $1.5 million: Lease $1.95 PSF NNN. <br />List any other benefits resulting fro m the occupancy of the eligible vacant building. .- <br />Increased employment, revitalization of neighborhood "" <br />CITY ti3Y1., 111161 i i (:i L "fit Itt <br />SECTION CERTIFICATION <br />fwffeby cefCif "that the repteaen7ationt::ln th S statement are e. <br />Signature of sulboo d: _%gee 'tl <br />�. <br />Tits <br />GA=O <br />Date signed ( pill ; day, year) <br />t►�+ lIr <br />Page 11 of 2 <br />