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<br /> <br />' CITY OF SOUTH BEND <br />PETITION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION <br />' The undersi ned owner(s) of real property, located within the City of South Bend, hereby <br />9 <br />petition the Common Council of the City of South Bend for real property tax abatement <br />consideration and pursuant to I.C., 6-1.1-12.1-1, et se .and South Bend Municipal Code <br />Sec. 2-76 et seq., for this petition states the following: <br />1. Describe the proposed redevelopment or rehabilitation project, including information <br />about physical improvements to be made, the proposed use of the improvements, and <br />a general statement as to the importance of the project to your business: <br />' Please see attached Exhibit D. <br />' Land Size approximately 1.94 acres; Building Size approximately31,819 square feet, <br />yet to be determined. <br />' 2. Describe the overall nature of the business and of the operations occurring at the <br />Property (attach additional sheet if more space is needed): <br />' Tenants in the building are likely to be primarily warehouse users, but with <br />some need for front-space office or showroom (similar to existing Gateway <br />tenants). All suites will have grade-level overhead door access, with at least 4 <br />' slated for dock access, as well. <br />3. Estimate the dollar value of the project (excluding land): X1,480,180 <br />' 4. The current assessed valuation of the real property before rehabilitation, <br />redevelopment, economic revitalization, or improvement: $13,000 (land only: 2007 <br />' German Township assessment). <br />' 5. (a) The real property forwhich tax abatement consideration is petitioned (Property) is <br />owned or to be owned by the following individuals or corporations (if the business <br />.organization is publicly held, indicate also the name of the corporate parent, if <br />' any, and the name under which the corporation has filed with the Securities and <br />Exchange Commission): <br /> <br />NAME <br />ADDRESS <br />INTEREST (%) <br /> <br />Gatewa~Plaza Real Estate, LLC 202 S. Michigan, Ste. 200 100% <br />c/o CB Richard Ellis ~ Bradley South Bend, IN 46601 <br />' (Rev 8/11/08) <br />1 <br />