Designating Tax Abatement - 5855 Carbonmill Drive - GWSB Properties, LLC Lessee: Corporate Services Inc

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RESOLUTION NO. ~ ~ ~ ~ -~~ A RESOLUTION WAIVING CONDITIONS PRECEDENT TO THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 5855 CARBONMILL DRIVE, SOUTH BEND, INDIANA TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR GWSB PROPERTIES, LLC (Lessee: Corporate Services, Inc.) WHEREAS, GWSB Properties, LLC, an Indiana Limited liability company (the "Petitioner") filed a petition for real property tax abatement (the "Petition") and a Form SB-1 Statement of Benefits with the South Bend City Clerk on June 22, 2007, for consideration by the Common Council of the City of South Bend, Indiana (the "Common Council"), requesting that the area commonly known as 5855 Carbonmill Drive, South Bend, Indiana, and which has the parcel key number 25-1009-015210 (the "Property"), be designated as an economic revitalization area under the provisions of Indiana Code sections 6-1.1-12.1-1 et seq., and South Bend Municipal Code sections 2-76 et sea.; and WHEREAS, the Petitioner promptly submitted their petition on June 22, 2007, in anticipation of the petition being considered at the Redevelopment Commission's regularly scheduled meeting set for July 6, 2007; and WHEREAS, the Redevelopment Commission's regularly scheduled meeting of July 6, 2007, was unexpectedly canceled; and WHEREAS, the Petitioner waited for the Redevelopment Commission's next regularly scheduled meeting set for July 20, 2007; and WHEREAS, the Petitioner has a tenant, Corporate Services, Inc., leasing the Property; and WHEREAS, Corporate Services, Inc. provides services and products to clients which require environmentally controlled facilities for the production of those products and the provision of those services; and