Confirming Tax Abatement - 1217 & 1215 South Walnut Street - Steel Warehouse Company LLC

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South Bend Redevelopment Commission RE: Steel Warehouse (Personal Property Abatement) July 16, 2007 Page 3 ABATEMENT QUALIFICATION A review of the tax abatements previously granted finds that the petitioner has been granted the following previous tax abatements: Term/Type Resolution No. Date 5 year personal property 1169-84 June 25, 1984 5 year personal property 1432-86 Sept. 8, 1986 5 year personal property 1674-88 Nov. 28, 1988 10 year real property 1964-92 July 27, 1992 5 year personal property 1965-92 July 27, 1992 10 year real property 2157-94 July 11, 1994 5 year personal property 2158-94 July 11, 1994 10 year real property 2371-96 June 24, 1996 5 year personal property 2372-96 June 24, 1996 10 year real property 2496-97 August 25, 1997 5 year personal property 2495-97 August 25, 1997 5 year personal property 2714-99 March 22, 1999 10 year real property 2798-99 Oct.l 1, 1999 5 year personal property 2896-00 June 26, 2000 10 year real property 2895-00 June 26, 2000 5 year personal property 3035-01 Sept. 24, 2001 10 year real property 3036-01 Sept. 24, 2001 5 year personal property 3380-04 Sept. 27, 2004 5 year real property 3381-04 Sept. 27, 2004 5 year personal property .3382-04 Sept. 27, 2004 The petitioner is in compliance with the reporting requirements for the previous abatements. 2. The •Building Commissioner has reviewed the petitions and finds the properties to be properly zoned for the proposed prof ects. The Commissioner noted that two of the facilities (Tucker Drive and Walnut Street) recently have been issued building permits for construction. However, those permits are not related to the personal property abatements requested above. 3. A review of the South Bend Redevelopment designation areas finds that the properties located at 2722 W. Tucker Drive and 1217/1215 Walnut Street are located in the Sample Ewing Development Area, which is a Tax Increment Allocation Area; therefore, the petitions for personal property tax abatement for those two locations must first be approved by the South Bend Redevelopment Commission. The 1400 Riverside Drive location is not in a