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1200 COUNTY-CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />PHONE 574/ 235-9371 <br />FAx 574/235-9021 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY ~ .ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />TAX ABATEMENT REPORT <br />TO: <br />FROM: <br />SOUTH BEND COMMON COUNCIL <br />BOB MATHIA <br />SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: <br />Waggoner Farm Development, L.P./Ontario Partners, L.P. <br />DATE: June 5, 2009 <br />On May 11, 2009, a petition for real property tax abatement consideration for property located in the <br />Portage Prairie Development Area was filed with the City Clerk by Holladay Properties in the name <br />of Waggoner Farm Development, LP. Waggoner Farm Development intends to transfer the property <br />to Ontario Partners, LP. Pursuant to Chapter 2, Article 6, Section 2-82 of the Municipal Code of the <br />City of South Bend, this petition was referred to the Department of Community and Economic <br />Development for purposes of investigation and preparation of a report determining whether the area <br />qualifies as an Economic Revitalization Area pursuant to I.C.6-1.1-12.1 and whether all zoning <br />requirements have been met. <br />The Department of Community and Economic Development has reviewed the petition (a copy of <br />which is attached), investigated the area, and makes the following report. <br />PROJECT SUMMARY <br />Ontario Partners intends to construct a $5,000,000 facility known as the "Ontario Building" in the <br />Portage Prairie Development Area. It is a speculative, 157,500 square-foot, light-industrial building <br />that will house multiple tenants performing a variety of business functions, such as a medical supply <br />company, data storage facility, food general distribution facilities, printing companies, or light <br />assembly. The building will be constructed using pre-cast concrete panels. It will utilize green <br />building techniques such as florescent lighting in the warehouse. The building will be the second <br />one in the Portage Prairie Development Area, which is expected to produce a total of over $350 <br />million in private investment. The first building, also built on a speculative basis, is the "Huron <br />Building" which currently has over 70 people working in it. Having a building ready to go <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL Y~ PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />5741235-9660 574!235-9371 ELIZABETH LEONARD <br />FAX: 574/235-9697 574!235-9371 <br />