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CITY OF SOUTH BEND <br />PETITION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION <br />The undersigned owner(s) of real property, located within the City of South Bend, <br />hereby petition the Common Council of the City of South Bend for real property tax <br />abatement consideration and pursuant to I.C.. 6-1.1-12.1-1, et seq.• and South Bend <br />Municipal Code Sec. 2-76 et se .for this petition states the following: <br />1. Describe the proposed redevelopment or rehabilitation project, including <br />information about physical improvements to be made, the proposed use of the <br />improvements, and a general statement as to the importance of the project to <br />your business: <br />Addition of mechanical equipment to provide temperature and humidity <br />control to the entire operation. Due to the types of materials we store <br />and handle for our current and prospective clients, humidity control is <br />a contractual requirement to obtaining and keeping the business. <br />Without it, we cannot operate in this facility. <br />Land Size Approx 12 acres; Building Size 198,000 sq.ft. <br />2. Describe the overall nature of the business and of the operations occurring at <br />the Property (attach additional sheet if more space is needed): <br />Marketing services, including packaging, assembly, warehousing and <br />distribution. <br />3. Estimate the dollar value of the project (excluding land): $ 300,000-$500,000 <br />4. The current assessed valuation of the real property before rehabilitation, <br />redevelopment, economic revitalization, or improvement: $5,072,100 <br />(Rev 10/23/06) <br />