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HomeMy WebLinkAbout17-20 to 17-22 JSK Cover Letter SOUTH g� 04 +1+��11,1/� �d 227 W.JEFFERSON BOULEVARD ��� PHONE:574/235-9371 SUITE 1400 S. U ����� ,,,, FAx:574/235-9021 SOUTH BEND,IN 46601-1830 W �. PEACE/� a 1865 CITY OF SOUTH BEND PETE BUTTIGIEG,MAYOR COMMUNITY INVESTMENT May 2, 2017 Filed in Clerk's Office Council Member Gavin Ferlic, Chairperson MAC' 0 2 2017 Community Investment Committee South Bend Common Council Kl�REEMfaH FOWLER CIT 4th Floor, County City Building Y CLERK, SOUTH GEND, IN South Bend, IN 46601 ---- --- - — RE: Personal Property Tax Abatement Extension for: JSK Development,Inc. Dear Council Member Ferlic: On June 22, 2015, JSK Development, Inc. was granted declaratory resolution number 4457-15 for a 9 year real property tax abatement for development to be completed in an economic revitalization area. Per Section V of the original resolution # 4457-15: "The designation as an Economic Revitalization Area shall be limited to two (2) calendar years from the date of the adoption of this Resolution by the Common Council." Due to unforeseen delays in the design stage, led primarily by the Department of Community Investment to look at the overall site plan and building elevation. The results of this additional design time will deliver a product that both the Developer and City feel is far superior to the original design and be a tremendous asset for the community for years to come. We kindly request a one (1) year extension be granted, enabling the work to be completed and for the abatement to remain active. A representative from JSK Development, Inc. will be available to meet with the Committee on May 8, 2017. Should you or any of the other Council members have any questions concerning the report, or need additional information,please feel free to contact me at 235-9278. Sin erely, Aaron Kobb Director of Economic Resources PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES TIM CORCORAN PAMELA C.MEYER BRIAN PAWLOWSKI AARON KOBB