HomeMy WebLinkAboutBill No. 23-10 Ten Year (10) Real Property Tax Abatement for 7468 Vorden Parkway, SB, IN 46628 in Clerk's Office
0 8 2023
UAWRI M.JONES
1141ft,, CITY OF SOUTH BENDS clf RKSOUTH BEND,IN
COMM UNITY INVESTMENT
March 8, 2023
Council Member Rachel Tomas Morgan
Chairperson, Community Investment Committee
South Bend Common Council
4th Floor, County City Building
South Bend, IN 46601
RE: Declaratory Resolution: Commercial Development Real Property Tax Abatement for
7468 Vorden Parkway, LLC (Coast Southwest, Inc)
Dear Council Member Tomas Morgan,
Please find the enclosed information pertaining to an industrial development real property tax
abatement petition submitted by Coast Southwest, Inc., a California S corporation. Coast Southwest
is a chemical distribution and ingredient technology company. The company has formed an Indiana
limited liability corporation named 7468 Vorden Parkway, LLC, as a subsidiary of the parent
company. Coast Southwest will construct a new building at 7468 Vorden Parkway on the northwest
side of South Bend at the southwest corner of Vorden Parkway and Didam Boulevard.
This petition package includes:
• Department of Community Investment's summary report
• Petition
• Statement of Benefits form (SB-1 / Real Property)
• Supporting information
The report contains the Department's findings relative to the above petition. The petitioner plans to
construct a new distribution center on Vorden Parkway. Once constructed, Coast Southwest will
relocate their current distribution center from Illinois to South Bend. Relocating their
distribution center to South Bend is anticipated to create 43 new jobs over the next 10 years. The
average hourly wage will begin at$31.07 in year 1 and will increase to $44.31 at the end of the 10-
year period. The total private investment to develop this new industrial real property is$8.203
million. The project meets the qualifications for a ten-year(10)commercial development real
property tax abatement, and a representative from Coast Southwest, Inc., will be available to meet
with the Committee on Monday, March 13, 2023.
Should you or any of the other Council members have any questions concerning the report or need
additional information, please feel free to call me at(574)235-5838.
Sincerely,
Erik Glavich
Director, Growth and Opportunity
EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT
14005 County-City Building 227W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 www.southbendin.gov
Fi! d in ClerLizi1
's O
MAR 0 80;
BILL NO. 23-10 DAWN M.JONES
RESOLUTION NO. 5007-23
CITYCLERK,SOUTH BEND,IN
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN
THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS
7468 Vorden Parkway, South Bend, IN 46628
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN-
YEAR (10) REAL PROPERTY TAX ABATEMENT FOR
7468 Vorden Parkway, LLC
WHEREAS, a petition for real property tax abatement have been filed with the City Clerk
for consideration by the Common Council of the City of South Bend, Indiana, requesting that the
areas described as:
Key Number: 71-02-24-400-018.000-037
Commonly Known As: 7468 Vorden Parkway, South Bend, IN 46628
Legal Description: Lot 13B W Business Park Major Sub02-03 New
Replat 4013-16-2001
be designated as an Economic Revitalization Area under the provisions of Indiana Code § 6-1.1-
12.1 et seq. and South Bend Municipal Code Sections 2-76 et seq.; and
WHEREAS,petitioner has agreed to and has accepted responsibility to report any changes
in the Key Number and legal description to the Department of Community Investment and to the
Office of the City Clerk; and
WHEREAS,the Department of Community Investment has concluded an investigation and
prepared a report with information sufficient for the Common Council to determine that each area
qualifies as an Economic Revitalization Area under Indiana Code § 6-1.1-12.1 et seq., and South
Bend Municipal Code Sections 2-76 et seq., and has further prepared maps and plats showing the
boundaries and such other information regarding the area in question as required by law; and
WHEREAS,the Community Investment Committee of the Common Council has reviewed
said report and recommended to the Common Council that the area qualifies as an Economic
Revitalization Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION I. The Common Council hereby determines and finds that the Petitions for Real
Property Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the
requirements of Indiana Code § 6-1.1-12.1 et seq. for tax abatement.
SECTION II. The Common Council hereby determines and finds the following:
A. That the description of the proposed redevelopment or rehabilitation meets the
applicable standards for such development;
B. That the estimate of the value of the redevelopment or rehabilitation is reasonable
for projects of this nature;
C. That the estimate of the number of individuals who will be employed or whose
employment will be retained by the Petitioner can reasonably be expected to result from the
proposed described redevelopment or rehabilitation;
D. That the estimate of the annual salaries of those individuals who will be employed
or whose employment will be retained by the Petitioner can be reasonably expected to result from
the proposed redevelopment or rehabilitation;
E. That the other benefits about which information was requested are benefits that can
be reasonably expected to result from the proposed described redevelopment or rehabilitation; and
F. That the totality of benefits is sufficient to justify the requested deduction, all of
which satisfy the requirements of Indiana Code § 6-1.1-12.1-3.
SECTION III. The Common Council hereby determines and finds that the proposed described
redevelopment or rehabilitation can be reasonably expected to yield benefits identified in the
Statement of Benefits, Sections 1 through 3 of the Petition for Real Property Tax Abatement
Consideration and the Memorandum of Agreement between the Petitioner and the City of South
Bend, and that the Statement of Benefits form completed by the petitioner, said form being
prescribed by the State Board of Accounts, are sufficient to justify the deduction granted under
Indiana Code § 6-1.1-12.1-3.
SECTION IV. The Common Council hereby accepts the report and recommendation of the
Community Investment Committee that the area herein described be designated as an Economic
Revitalization Area and hereby adopts a Resolution designating this area as an Economic
Revitalization Area for purposes of real property tax abatement.
SECTION V. The designation as an Economic Revitalization Areas shall be limited to three (3)
calendar years from the date of the adoption of this Resolution by the Common Council.
SECTION VI. The Common Council hereby determines that the property owner is qualified for
and is granted property tax deduction for a period of ten (10) years as shown by the schedule
outlined below as well as the attachment pursuant to Indiana Code § 6-1.1-12.1-17.
Year 1 — 100%
Year 2 —90%
Year 3 —80%
Year 4—70%
Year 5 —60%
Year 6-50%
Year 7—40%
Year 8-30%
Year 9—20%
Year 10— 10%
SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of
this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana
Code § 5-3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication providing notice of the public
hearing before the Common Council on the proposed confirming of said declaration.
SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the
Common Council and approval by the Mayor.
Sharon McBride, Council President
South Bend Common Council
Attest:
Dawn M. Jones, City Clerk
Office of the City Clerk
Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the City of
South Bend, Indiana, on the day of , 2023, at o'clock
.m.
Dawn M. Jones, City Clerk
Office of the City Clerk
Approved and signed by me on the day of ,2023,at o'clock
.m.
James Mueller, Mayor
City of South Bend ,,,1 in Clerk's Office
I',',R 0 8 2023
DAWN M.JONES
Cm'ci ERK,SOUTH BEND,IN
Cocist ouffi vest
Fluid Thinking. Innovative Solutions:
February 15, 2023
South Bend Common Council
227 W Jefferson Blvd
South Bend, Indiana 46601
Re: City of South Bend Petition for Incentives -Coast Southwest, Inc.
Dear Council Members and Staff of the City of South Bend:
Attached please find Coast Southwest's City of South Bend Petition for Incentives for our project to
relocate our current distribution operations from Illinois to South Bend, IN. Coast Southwest is a
family-owned and operated chemical distribution company. Our business began in California,
focused on the western states.Twenty years ago,we expanded to Texas through an acquisition.
Over the last five years,we have undertaken an aggressive plan to expand nationally,from coast to
coast. That plan includes creating a state-of-the-art distribution center in the center of the country
to reach our Midwest and East Coast customers.We want that mission-critical initiative to be
anchored in South Bend, starting with distribution, and then expanding with sales, research, and
manufacturing capabilities.
Not only is the State of Indiana the"Crossroads of America,"two generations of Coast Southwest's
ownership are Notre Dame graduates. Our hearts are here. Locating this new facility and hiring new
employees here in South Bend is a solid business decision for Coast South and also our way of
honoring our long-standing connections to the people, places,and local business that we have come
to know in a special way. Our connections began with Notre Dame about forty years ago, but now
those connections are with the entire community.We want to give back to the Northern Indiana
people, businesses, and community organizations that have given so much to us.
We have already created opportunities for Indiana residents by contracting local design and
construction services, hiring employees,and using Indiana-based services,wherever possible.That's
just the first step.
• Phase 1 of the project is constructing a 94,000 square-foot facility designed to expand to
230,000 square-foot.
• Upon completion,we will relocate current distribution operations from Illinois to Indiana.
South Bend will be our access point to hit the East Coast market. Optimal geographic
location.
• The site includes offices, labs, and manufacturing, production, and distribution space.
• We have already hired a local South Bend firm, Holladay,to design and build this facility.
• We are sourcing as much equipment as possible from Indiana.
• We have commenced hiring locally for these expanded business functions. info@coastsouthwest.com
• Our first full-time employee is currently working in temporary office space.We have open 817.652.7400
requisitions for two more hires.We have engaged an Indiana-based recruiter, not only for
these jobs but for roles in other locations.
608 111th Street
Arlington, D(76011-7615 USA
coastsouthwest.com
CoastSou t"Nest
rl T:, .� .,, �. cnlutions..
• Wages earned by our employees exceed the local average. Our employee retention rate
exceeds the industry average.
• We will add STEM jobs to the local economy, opportunities to attract and retain highly
sought after graduates of not only Notre Dame, but more of Indiana's outstanding colleges
and universities.
• Coast Southwest has a research alliance with Notre Dame.
• We are a pipeline with Notre Dame's college internship initiatives, providing paid internships
to several students every year,with a special emphasis on STEM opportunities for women.
• We are an Equal Opportunity Employer—we hire the best and the brightest.
We are eager to make our plans reality in Indiana.We are eager to hire more people and create
more jobs.Thank you for your time and consideration.
Sincerely,
Olivia G. Cimo
info@coastsouthwest.com
817.652.7400
608 111th Street
Arlington,TX 76011-7615 USA
coastsouthwest.com
TAX ABATEMENT REPORT
TO: South Bend Common Council
FROM: Erik Glavich, Director, Growth and Opportunity
SUBJECT: Industrial Real Property Tax Abatement Petition
for 7468 Vorden Parkway, LLC (Coast Southwest, Inc)
DATE: March 8, 2023
On March 8, 2023, a petition for tax abatement from Coast Southwest, Inc., was filed with the
Office of the City Clerk. The petition seeks consideration for an industrial real property tax
abatement for property at 7468 Vorden Parkway in South Bend, Indiana. The company has
formed an Indiana limited liability corporation named 7468 Vorden Parkway, LLC, as a
subsidiary of the parent company.
Pursuant to Chapter 2, Article 6, Section 2 84.2 of the Municipal Code of the City of South Bend,
this petition was referred to the Department of Community Investment for purposes of
investigation and preparation of a report determining whether the area qualifies as an Economic
Revitalization Area pursuant to I.C.6 1.1 12.1 and all zoning requirements have been met.
The Department of Community Investment has reviewed the petition (a copy of which is
attached), investigated the area, and makes the following report.
Project Summary
• Coast Southwest, Inc., plans to develop a new distribution center on the lot located on
the southwest corner of Vorden Parkway and Didam Boulevard on the City's northwest
side.
• Once the distribution center is complete, Coast Southwest will move its current
operations in Illinois to the new South Bend facility.
Tax Estimates
The petitioner qualifies for a ten-year (10) industrial real property tax abatement.
• Taxes in 2022 for the existing property: $1,367
• Total estimated taxes during the ten-year (10) abatement period: $2,050,053
• Estimated taxes being abated during the abatement period: $824,136
• Estimated total taxes to be paid during the abatement period: $1,225,917
Employment Impact
Coast Southwest currently has 1 employee in South Bend.
• Upon completion, the company intends to relocate operations from its current distribution
center in Illinois to the newly built location. This will create 43 jobs over the next decade.
The starting average wage in the first year will be $31.07 and is anticipated to reach
$44.31 at the end of the abatement term.
Abatement Qualification
1. A review of the tax abatements previously granted finds that the petitioner has not been
granted or is associated with a previous abatement.
2. The property is properly zoned for the proposed project.
3. Taxes on the property have been paid in full.
4. A review of the South Bend Redevelopment designation areas finds that the property is
in the River West Development Area.
5. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner meets
the qualifications for a (10) ten-year industrial development real property tax abatement
under Division 7 (Industrial Development Real Property Tax Abatement), Section 2-82
(Industrial Development City-Wide General Standards).
2
10-Year Abatement March 8,2023
Coast Southwest, Inc.
South Bend Warren Township
Commerical Development Real Property Tax Abatement Schedule*
Type of Property: Industrial
Estimated Project Cost: $ 7,503,000 New Construction
Property Address: 7468 Vorden Parkway,South Bend,IN 46628
Tax Key Number: 71-02-24-400-018.000-037
Without
Current Abatement Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Assessed Value(AV)
Land $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700 $ 27,700
Structure(AV=80%Project Cost) - 6,002,400 6,002,400 6,002,400 6,002,400 6,002,400 6,002,400 6,002,400 6,002,400 6,002,400 6,002,400 6,002,400
Gross Assessed Value 27,700 6,030,100 6,030,100 6,030,100 6,030,100 6,030,100 6,030,100 6,030,100 6,030,100 6,030,100 6,030,100 6,030,100
Abatement 100% 90% 80% 70% 60% 50% 40% 30% 20% 10%
Abatement Deduction - (6,002,400) (5,402,160) (4,801,920) (4,201,680) (3,601,440) (3,001,200) (2,400,960) (1,800,720) (1,200,480) (600,240)
Net Assessed Value 27,700 6,030,100 27,700 627,940 1,228,180 1,828,420 2,428,660 3,028,900 3,629,140 4,229,380 4,829,620 5,429,860
Property Taxes
Assume constant tax rate of 5.2756%
Gross Tax(Tax Rate x Net AV) 1,461 318,124 1,461 33,128 64,794 96,460 128,126 159,793 191,459 223,125 254,791 286,458
Local Tax Credit(8.0000%of GT-DS) (108) (23,522) (108) (2,449) (4,791) (7,132) (9,474) (11,815) (14,156) (16,498) (18,839) (21,180)
Circuit Breaker Credit (412) (89,597) - - - - - - - (8,820) (35,745) (62,671)
Taxes Due $ 942 $ 205,005 $ 1,353 $ 30,678 $ 60,003 $ 89,328 $ 118,653 $ 147,978 $ 177,303 $ 197,808 $ 200,207 $ 202,606
3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3%
Circuit Breaker Cap 831 180,903 180,903 180,903 180,903 180,903 180,903 180,903 180,903 180,903 180,903 180,903
Debt Service(0.3997%of Net AV) 111 24,102 111 2,510 4,909 7,308 9,707 12,107 14,506 16,905 19,304 21,703
Max Tax Under the Cap 942 205,005 181,014 183,413 185,812 188,211 190,610 193,010 195,409 197,808 200,207 202,606
Combined
Year Abatement Current Taxes New Current& Taxes Abated Net Taxes
Due Projected Tax Paid
New Taxes
1 100% $ 942 $ 204,064 $ 205,005 $ (203,652) $ 1,353_
2 90% 942 204,064 205,005 (174,327) 30,678
3 80% 942 204,064 205,005 (145,002) 60,003
4 70% 942 204,064 205,005 (115,677) 89,328
5 60% 942 204,064 205,005 (86,352) 118,653
6 50% 942 204,064 205,005 (57,028) 147,978
7 40% 942 204,064 205,005 (27,703) 177,303
8 30% 942 204,064 205,005 (7,197) 197,808
9 20% 942 204,064 205,005 (4,798) 200,207
_ 10 10% 942 204,064 205,005 (2,399) 202,606
Total: 9,417 2,040,636 2,050,053 (824,136) 1,225,917
'This schedule is for estimation purposes only and assumes constant tax rates equal to those for 2022 Payable 2023. tj�'iik Department of Community Investment
The true tax values will ultimately be determined by the actual assessed valuation and the then current tax rates. City of South Bend
Filed in Clerk's Office
City of South Bend
Petition for Incentives 4WNM.JON zS
Petition must induce o$250 filing fee payable to the City Clerk's Office CIT/CLERKc SOUTH PEND,IN
before processing can be complete
General Information Project Name Project Number
tag.Inameasregistered"ri"'Se`eta"ot Coast Southwest, Inc.
sdig
Business structure
S-Corp
Company
website coastsouthwest.corn
Proposed Project Information
p°pOSedproject address 7468 Vorden Parkway Pa'a"tm'npa"t'"dite Coast Southwest,Inc.
City,state,ap South Bend, IN 46628 Lep!owner 7648 Vorden Parkway, LLC
Site acreage or acreage required
10.58 Acre Is th*re'll owned°f Owned
e
If
Square feet of facility 94,000 Sq. Ft leased by wham
Primary Contact Information
Primary company contact name Olivia Cimo Title Business Manager, Midwest
Address of company contact 608 111th Street Phone (574)891-3300 x 218
City,State,np Arlington, TX 76011 Email ocimo@coastsouthwest.com
Senior Official Information -
CompanysenIoroffitialname Bob Pietrusiak Title Vice President, Administration
Address of company contact(If different from 505 S. Melrose Street P''°"° (714) 524-2777 x 140
above),
°ry'State,
Zip Placentia, CA 92870 Email rpietrusiak@coastsouthwest.com
Consultant Information/Agent
Hired business consultant/agent name Impending Torch, LLC ca"'") Y
Adorns 430 N. Center St. Local economicdevelopment partners N
approval fr/fi
°tt'State,Zip Longview, TX 75601 Email johnking903@yahoo.com
Project Overview
Brief description of your
rampant.Pruitt,and why the Coast Southwest, Inc. seeks to expand our reach to Midwest and East
property Is necessary for Coast customers. With the State of Indiana considered to the be the
econkfaowm "Crossroads of America", we feel South Bend will be an optimal location
to expand our presence and allow us to relocate our current distribution
operations from Illinois.
Certified Technology Park appropriate No
Is the project In a Tax Incremental iinandng River West
A:0F I areas Nth.which? l �
Certify that the Beading Permit has not been Not Issued Lit of reddottd laths crested fay 0
issued IY/M1
if this isaf°rpersooal Pr°Pertyt"abatement,has- Not at this time
the eQuipment been Irmtaaed
Investment Details
Public Infrastructure needs(Off- Has any Std funding been What is the value of any equipment being purchased In What is the value of any equipment being
site of project in dollars) received? Indiana for the project? purchased from out of state for the project?
No No Unknown Unknown
Filed in Clerk's Office
— -------,
New Project Investments_
Calendar Year 2022 2023 2024 2025 2026 12027 68 0 8 19091
Land Acquisition S SC3.000 00 ;/� i ((te�e
Ruikling lease Payments
CITY
Rr vVl���,}
CITY q_ERK gni raiz RFk D,IN •
Building Purchase Costs
New Building Construction ". a ec t CdOCIto
Existing Buiklmg Improvements
New Machinery&Equipment SC0,000.00
Special ToogneRetnoling
New Furniture/Fixtures $100.000.00
New Computer/IT Hardware
$75.000.00
teew Software $25,000 00
On-size Rail Infrastructure
On lice Nber Infrastructure
TOTAL $0.00 S 503.000.00 S 700000.00
$0.00 $0.00 $O.00I $0.00 $0.00
Full-Time Permanent Indiana-Resident Positions by Calendar Year
Calendar Year lobs retained Total hourly Csanulative#of net NEW full time Hou
sty average wage,w/o Total training Total It to be
wage w/o permanent jobs created at protect benefits or bonuses,of enperdlhue- trained-not
fringe or cumulative net new jobs not cumulative
bonuses cumulative
2022 1 0
2023 2 $31.07 2
2024 13 $30.05 I 11
2025 16 $33.28 3
2026 20 $32.31
2027 24 $37.54
2028 27 $38.26
2029 30 $39.16
2030 32 $40.11
2031 36 $43.52
2032 39 $43.92
2034 43 $44.31
Provide hourly wage Information for new employees In the following positions.
Full time Pan time
Laborers $24.35 Average N/A
Technical $30 39 Average N/A
Managerial $45.47 Average N/A
Administrative $31.22 Average N/A
Who and ne me ndMdual roepomoble for coordinavnj wnh
war4nsonrnuchne Olivia Cimo
a
Does your company have an EEO hiring perky? Yes Are you an EEO employer? I Yes
Please list the number of full time and part time minority and/or female employees for each of Please describe your commitment to
the last three years: diversity and Induslon by detailing your
outreach and recruitment efforts for the last
Year
2022 202 1 02three years as weg as curem poGdes.
Full Time Part Time Gull Time Part Time Full Time Part Time
Black Coast Southwest is
Hispanic 1 1 committed to hiring
"`an and promoting the best
Indian qualified candidates for
Female 2 every position.
other
Filed in Clerk's Office
fir;
2023
Complete below for Real or Personal Property Tax Abatement Only. Daw►i �� JONES
Please sign for all requested incentives. CITY CLERK SO BEND,
Public Benefit Item:
Information is required on both the construction companies and the
companies which will provide materials purchased for this project.
complete the table below with theQualify
Please
appropriate information. H (yes or No) Earned Points Available Points
you qualify far the points,please enter the full amount of available
points.
1 Construction Related(Contractors):
A. Employ Local Companies(75%) Yes 20 2C
B. Purchase Materials from Local Companies(75%) Yes 2C 20
C. Require Employees vs.Independent Contractors Yes 19 19
D. Require Prevailing Wage(Davis Bacon) Yes 22 2?
E. Requ re Health Benefits Yes 22 22
F. Require Pension Benefits Yes 18 18
G. Maintain Affirmative Action Plan Yes 20 20
Sub-total Construction Related: 141 141
2 warm&Benefit Related(Owne1
A. Pay Target Wage Levels Yes 33 33
B. Prov de Health Benefits Yes 34 34
C. Provide Pension Benefits Yes 29 29
D. Provide Traimne Yes 2B 28
E. Provide Child Care No 0 15
F Provide Transportation Assistance No 0 14
G. Provide Employer Assisted Housing program No 0 9
Sub-total Wage&Benefit Related: 124 162
3 Workforce Related: 1
A. Create New Jobs Yes 42 42
B. Retain Existing Jobs Yes 41 41
C. Maintain Affirmative Action Plan Yes 35 35
D. Provide Targeted Hiring Preference Yes 34 34
Sub-total Workforce Related: 152 152
4 Sport a Municipal Facility:
Support a SB Municipal Facility,donations to the
A. Yes 84
zoo,conservatory,museum,etc 1 84
Name of Fatuity
I Isub-total Municipal Facility: ac 1 84
Sub-total from Above: 50' 539
The undersigned owner(s)of real property,located within the City of South Bend,herby petition the Common Council of the City
of South Bend for a real and/or personal property tax abatement consideration and pursuant to I.C.,6-1.1-12.1-1,et seq.,and
South Bend Municipal Code Sec.2-76 et seq.,for this petition state the above.
Submitted By: Olivia Cimo 'Date: 12/14/2023
if Filed in Clerk s
'------- Office
I
MAR 0 9 2Q2 I
For Staff Use OnlyBelow This Line f '�J1•ivy-o�.i4 ^
i CITY CLFRK S:-+,rr,• _,•:...
What is the anent assessed value? Real Property: "/ 70 O Personal Property! _ '-
IR
What is the projected assessed value? Real Property:
r4 /'_•t) 1r yT Personal Property-. m
What is the tax key number for This protect? 7I- 01�-))A-400 --OI - Ootj —0+ 3 7
What is the six digit NAILS code? 1 a•� ! V
tit
Please attach a Google map and street view of the location.
/)` (C}
Please list the anloum of real and personal property taxes Real Property Taxes: Personal Property Taxes:
paid for the last five years when applicable_
YearOne I y 3 n( a
Year Two I, -5 a •. -7 a. 0
Year Three n °°
0
Year Goer 4-1). 3 s 0
Year Free q74.
;7aJ. 6 J 0
Please fill out the following Public Benefit Summary Information and add to total from above.
rf or N) Points Poi
Public Benefit Item:
Protect Related_
5 A. Redevelop a Site that has Special Needs AJ 0 49
Local B. Develop Based on University Research iliJ 0 35
C. Achieve a Physical Element of a Plan A `J 36
Sub-total Project Related: Q 120
6 Super Size Projects(point values are cumulative):
A. 100%to 199% +l t 5 25
B. 200%to 299% _ 68
C. 300%to 399% 65
D. 400%and Over ri1 S2
Sub-total Super Size Projects: 21 C7 210
7 Pay for Municipal Infrasirvcturn:
A. Pay for 6versiang or Upgradingl 0 14
B. Pa';for 26-50%of Extension Cost N. 0 26
C Dory for 51-75%of Extension Cost
IV, J 0 39
D. Pay for 76-100%of Extension Cost �'/lifi/ 0 52
Sub-total Infrastructure Related: 01 131
Total from Applicant Section: It 5 a I 539
Total from Staff Section: I
`'.1 1) 461
Total Pudic Benefit Points: 71 1 5000
Filed in Clerk's Office
STATEMENT OF BENEFITS MAR ?fl?-
d ,`rt.' REAL ESTATE IMPROVEMENTS 1 i 20 PAY 20_
State Form 51767(R6l 10-14) DAWN M. ,E(,)tdE$ - FORM SB-1/Real Property
Prescribed by the Department of Local Government FinaricCITY CLERK,SOt 1T-(BI=h�I_
_ PRIVACY NOTICE
This statement is being completed for real property that qualifies under the following Indiana Code(check one box): Any information concerning the cost
0 Redevelopment or rehabilitation of real estate improvements(IC 6.1.1-12.1-4) of the property ate specific salaries
❑Residentially distressed area(IC 6.1.1-12 1-4.1) paid to individual employees by the
property owner is confidential per
IC 6pt.1-12.1-5.1
INSTRUCTIONS:
1. This statement must be submitted to the body designating the Economic Revitalization Area pnor to the public hearing if the designating body requires
information from the applicant at making its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement must be
submitted to the designating body BEFORE the redevelopment or rehabilitation of real property for which the person wishes to claim a deduction.
2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the initiation of
the redevelopment or rehabilitation for which the person desires to claim a deduction.
3. To obtain a deduction,a Form 322/RE must be flied with the County Auditor before May 10 in the year in which the addition to assessed valuation is
made or not later than thirty(30)days after the assessment notice is mailed to the property owner if it was mailed after April 10 A property owner who
failed to file a deduction application within Me prescribed deadline may file an appkcation between March 1 and May 10 of a subsequent year
4. A property owner who hies for Me deduction must provide the County Auditor and designating body with a Form CF-1/Real Property. The Form CF-1/Real
Properly should be attached to the Form 322/RE when the deduction Is first claimed and then updated annually for each year the deduction is applicable.
IC 6-1.T-12.1-5.1(b)
5. For a Form SB-1 Real Property that is approved after June 30,2013,the designating body is required to establish an abatement schedule for each
deduction allowed. For a Form SB-1/Real Property that is approved prior to July 1,2013,the abatement schedule approved by the designating body
remains in effect IC 6-1.1-12.1-17
SECTION 1 TAXPAYER INFORMATION
Name of taxpayer
Coast Southwest, Inc.
Address of taxpayer(number and street city,state,and ZIP rode)
505 S. Melrose Street, Placentia, CA 92870
Name of contact person Telephone number E-mail address
Lisette Minadeo ( 714) 524-2777 x 140 Iminadeo a@coastsouthwest.+
SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT
Name of designating body Resolution number
City of South Bend, IN
Location of property County OLGF taxing district number
7468 Vorden Parkway,South Bend, IN 46628 St.Joseph 037-South Bend Warren
Descnptron of real property improvements,redevelopment,or renab4tm on(use adreourat sheets if necessary) Estimated start date(month,day,year)
Developing 10.58 acre site with 94,000 square foot tilt panel office/warehouse and July 2023
manufacturing facility with dock doors for distribution. Estimated completion date(month,day,yeah
June 2024
SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT
Current number Salaries Number retaated Salaries Number additional Satanes
1 $40/hr 1 $40/hr 42 over 10 years Avg$31-44/hr
SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT
REAL ESTATE IMPROVEMENTS
COST I ASSESSED VALUE
I Current values 503,000
Plus estimated values of proposed project 7,000.000
I Less values of any property being replaced I
Net estimated values upon completion of project
SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER
Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds)
Other benefits
SECTION 6 TAXPAYER CERTIFICATION
I hereby certify that the representations in this statement are true.
Signature of au ate repressptatree Dale signed(month,day year)
/�i►,t//ciL 2/14/23
Printed name or authorzed representativeTile
Olivia Cimo (Corporate Secretary
Page 1 of 2
FOR USE OF THE DESIGNATING BODY
We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed
under IC 6-1.1-12.1,provides for the following limitations.
A. The designated area has been limited to a period of lime not to exceed calendar years'(see below). The date this designation
expires is
B. The type of deduction that is allowed in the designated area is limited to:
1.Redevelopment or rehabilitation of real estate improvements ❑Yes ❑No
2.Residentially distressed areas ❑Yes ❑No
C. The amount of the deduction applicable is limited to$
D. Other limitations or conditions(specify)
E. Number of years allowed: ❑Year 1 ❑Year 2 ❑Year 3 ❑Year 4 ❑ Year 5 (`see below)
0 Year 6 0 Year 7 0 Year B ❑Year 9 ❑ Year 10
F. For a statement of benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-17?
❑Yes ❑No
If yes,attach a copy of the abatement schedule to this form.
If no,the designating body is required to establish an abatement schedule before the deduction can be determined.
We have also reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have
determined that the totality of benefits is sufficient to justify the deduction described above.
Approved(signature and title of authorized member of designating body) Telephone number Date signed(month,day,year)
( )
Panted name of authorized member of designating body Name of designating body
Attested by(signature and title o1 attester) Printed name of attester
•If the designating body limits the time period during which an area is an economic revitalization area,that limitation does not limit the length of time a
taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17.
A. For residentially distressed areas where the Form SB-1/Real Property was approved prior to July 1,2013,the deductions established in IC
6-1.1-12.1-4.1 remain in effect.The deduction period may not exceed five(5)years. For a Form SB-1/Real Property that is approved after June 30.
2013,the designating body is required to establish an abatement schedule for each deduction allowed. The deduction period may not exceed ten
(10)years. (See IC 6-1.1-12.1-17 below.)
B. For the redevelopment or rehabilitation of real property where the Form SB-1/Real Property was approved prior to July 1,2013,the abatement
schedule approved by the designating body remains in effect.For a Form SB-1/Real Property that is approved after June 30,2013.the designating
body is required to establish an abatement schedule for each deduction allowed.(See IC 6-1.1-12.1-17 below.)
IC 6-1.1-12.1-17
Abatement schedules
Sec.17.(a)A designating body may provide to a business that Is established in or relocated to a revitalization area and that receives a deduction under
section 4 or 4.5 of this chapter an abatement schedule based on the following factors:
(1) The total amount of the taxpayer's investment in real and personal property.
(2) The number of new full-time equivalent jobs created.
(3) The average wage of the new employees compared to the state minimum wage,
(4) The infrastructure requirements for the taxpayer's investment.
(b) This subsection applies to a statement of benefits approved after June 30,2013. A designating body shall establish an abatement schedule
for each deduction allowed under this chapter.An abatement schedule must specify the percentage amount of the deduction for each year of
the deduction. An abatement schedule may not exceed ten(10)years.
(c) An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under
the terms of the resolution approving the taxpayer's statement of benefits.
Filed in Clerk's Office
I MAR o 8 20?.-1
WDANtv ,ONES f
f CITY CLERK SOUTH BEND,ih
Page 2 of 2
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Filed in Clerk's Office
City of South Bend `' 209:-1
Petition for Incentives
ITVI.4ONES
Petition must include a$250 filing fee payable to the City Clerk's Office CITY CLERK' sCoUTH SEND,IN
before processing can be complete
General Information Project Name Project Number
Legal name as registered with Secretary of Coast Southwest, Inc.
State
Business structure S-Corp
Company website coastsouthwest.corn
Proposed Project Information
Proposed project address 7468 Vorden Parkway Parent company name Coast Southwest, Inc.
City,State,Zip South Bend, IN 46628 Legal owner 7648 Vorden Parkway, LLC
Site acreage or acreage required 10.58 Acre Is the real estate owned or Owned
,feared
Square feet of facility 94,000 Sq. Ft If leased by whom
Primary Contact Information
Primary company contact name Olivia Cimo Title Business Manager, Midwest
Address of company contact 608 111th Street Phone (574) 891-3300 x 218
City,State,Zip Arlington, TX 76011 Email ocimo@coastsouthwest.com
Senior Official Information
Company senior official name Bob Pietrusiak Title Vice President, Administration
Address of company contact(if different from
505 S. Melrose Street Phone (714) 524-2777 x 140
above)
City,State,Zip Placentia, CA 92870 Email rpietrusiak@coastsouthwest.com
Consultant Information/Agent
Hired business consultant/agent name Impending Torch, LLC Consultant release(Y/N) y
Address 430 N. Center St. Local economic development partners N
approval(Y/N
City,State,Zip Longview, TX 75601 Email Ijohnking903@yahoo.com
Project Overview
Brief description of your
company,project,and why the Coast Southwest, Inc. seeks to expand our reach to Midwest and East
property is necessary for Coast customers. With the State of Indiana considered to the be the
economic growth
"Crossroads of America", we feel South Bend will be an optimal location
to expand our presence and allow us to relocate our current distribution
operations from Illinois.
Certified Technology Park appropriate No
Is the project in a Tax Incremental Financing
ITIF I area? If so.which? River West
Certify that the Building Permit has not been Not Issued Number of residential units created by 0
issued IY/Nl aroiect
If this is a petition for personal property tax abatement,has Not at this time
the equipment been installed
Investment Details
Public Infrastructure needs(Off- Has any 504 funding been What is the value of any equipment being purchased in What is the value of any equipment being
site of project in dollars) received? Indiana for the project? purchased from out of state for the project?
No No Unknown Unknown
Filled in Clerk's Office
New Project Investments
Calendar Year p
2022 2023 2024 2025 2026 2027 Vie 0'3 30783
Land Acquisition $503,000.00 DAWN Ivi JONCS
Building Lease Payments CITY CLERK.S(1(JTI-4 RFND IN
Building Purchase Costs ----------
New Building Construction $7,000,000 00
Existing Building Improvements
New Machinery&Equipment $500.000.00
Special Tooling/Retooling
New Furniture/Fixtures $100,000.00
New Computer/IT Hardware $75,000.00
New Software $25,000.00
On-site Rail Infrastructure
On-site Fiber Infrastructure
TOTAL $0.00 $503,000.00 $7,700,000.00 $0.00 $0.00 $0.00
0.00 $0.00
Full-Time Permanent Indiana-Resident Positions by Calendar Year
Calendar Year lobs retained Total hourly Cumulative#of net NEW full time Hourly average wage,w/o Total training Total#to be
wage w/o permanent jobs created at project benefits or bonuses,of expenditure- trained-not
fringe or cumulative net new jobs not cumulative
bonuses cumulative
2022 1 0
2023 2 $31.07 2
2024 13 $30.05 11
2025 16 $33.28 3
2026 20 $32.31
2027 24 $37.54
2028 27 $38.26
2029 30 $39.16
2030 32 $40.11
2031 36 $43.52
2032 39 $43.92
2033 43 $44.31
Provide hourly wage information for new employees in the following positions.
Full time Part time
Laborers $24.35 Average N/A
Technical $30.39 Average N/A
Managerial $45.47 Average N/A
Administrative $31.22 Average N/A
Who will be the individual responsible for coordinating with
WorkOne on recruiting?
Olivia Cimo
Does your company have an EEO hiring policy? Yes Are you an EEO employer? Yes
Please list the number of full time and part time minority and/or female employees for each of Please describe your commitment to
the last three years: diversity and inclusion by detailing your
Year outreach and recruitment efforts for the last
20 2 2 2021 2020 three years as well as current policies.
Full Time Part Time Full Time Part Time Full Time Part Time
Black Coast Southwest is
Hispanic 1 1
committed to hiring
Asian and promoting the best
Indian qualified candidates for
Female 2 1 every position.
Other
Filed in Clerk's Office
MAR 08 2023 .
Complete below for Real or Personal Property Tax Abatement only. ®AWN iat\l
Please sign for all requested incentives. ! CITY Cp_ERf<,SOUTH BEND,IN
Public Benefit Item:
Information is required on both the construction companies and the
companies which will provide materials purchased for this project.
Please complete the table below with the appropriate information. If Qualify Earned Points Available Points
(Yes or No)
you qualify for the points,please enter the full amount of available
points.
1 Construction Related(Contractors):
A. Employ Local Companies(75%) Yes 20 20
B. Purchase Materials from Local Companies(75%) Yes 20 20
C. Require Employees vs.Independent Contractors Yes 19 19
D. Require Prevailing Wage(Davis Bacon) Yes 22 22
E. Require Health Benefits Yes 22 22
F. Require Pension Benefits Yes 18 18
G. Maintain Affirmative Action Plan Yes 20 20
Sub-total Construction Related: 141 141
2 Wage&Benefit Related(Owner):
A. Pay Target Wage Levels Yes 33 33
B. Provide Health Benefits Yes 34 34
C. Provide Pension Benefits Yes 29 29
D. Provide Training Yes 28 28
E. Provide Child Care No 0 15
F. Provide Transportation Assistance No 0 14
G. Provide Employer Assisted Housing program No 0 9
Sub-total Wage&Benefit Related: 124 162
3 Workforce Related:
A. Create New Jobs Yes 42 42
B. •RetainExistingJobs Yes 41 41
C. Maintain Affirmative Action Plan Yes 35 35
D. Provide Targeted Hiring Preference Yes 34 34
•
Sub-total Workforce Related: 152 152
4 Support a Municipal Facility:
Support a SB Municipal Facility(donations to the
A. zoo,conservatory,museum,etc.) Yes 84 84
Name of Facility
Sub-total Municipal Facility: .a 84
Sub-total from Above: 501 539
The undersigned owner(s)of real property,located within the City of South Bend,herby petition the Common Council of the City
of South Bend for a real and/or personal property tax abatement consideration and pursuant to I.C.,6-1.1-12.1-1,et seq.,and
South Bend Municipal Code Sec.2-76 et seq.,for this petition state the above.
Submitted By: Olivia Cimo Date: 2/14/2023
Filed in Clerk's Office
MAR 08 ?_02:�
For Staff Use Only Below This Line
What is the current assessed value? Real Property: Personal Property:
What is the projected assessed value? Real Property: Personal Property:
What is the tax key number for this project?
What is the six digit NAICS code?
Please attach a Google map and street view of the location.
Please list the amount of real and personal property taxes Real Property Taxes: Personal Property Taxes:
paid for the last five years when applicable.
Year One
Year Two
Year Three
Year Four
Year Five
Please fill out the following Public Benefit Summary Information and add to total from above.
(Y or N) Points Points
Public Benefit Item:
Project Related:
5 A. Redevelop a Site that has Special Needs 49
B. Develop Based on Local University Research 35
C. Achieve a Physical Element of a Plan 36
Sub-total Project Related: 120
6 Super Size Projects(point values are cumulative):
A. 100%to 199% 25
B. 200%to 299% 68
C. 300%to 399% 65
D. 400%and Over 52
Sub-total Super Size Projects: 210
7 Pay for Municipal Infrastructure:
A. Pay for Oversizing or Upgrading 14
B. Pay for 26-50%of Extension Cost 26
C. Pay for 51-75%of Extension Cost 39
D. Pay for 76-100%of Extension Cost 52
Sub-total Infrastructure Related: 131
Total from Applicant Section: 539
Total from Staff Section: 461
Total Public Benefit Points: 1000
Filed in Clerk's Office I
� STATEMENT OF BENEFITS MAR 08 ?V
20�PAY 20_
a - REAL ESTATE IMPROVEMENTS __ _
State Form 51767(R6/10-14) ®AWMI M.JONES FORM SB-1 I Real Property
° Prescribed by the Department of Local Government FinaICITY CLERK,SOUTH BEN®,IN PRIVACY NOTICE
This statement is being completed for real property that qualifies under the following Indiana Code(check one box): Any information concerning the cost
21 Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) of the property and specific salaries
paid to individual employees by the
❑Residentially distressed area(IC 6-1.1-12.1-4.1) property owner is confidential per
IC 6-1.1-12.1-5.1.
INSTRUCTIONS:
1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires
information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement must be
submitted to the designating body BEFORE the redevelopment or rehabilitation of real property for which the person wishes to claim a deduction.
2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the initiation of
the redevelopment or rehabilitation for which the person desires to claim a deduction.
3. To obtain a deduction,a Form 322/RE must be filed with the County Auditor before May 10 in the year in which the addition to assessed valuation is
made or not later than thirty(30)days after the assessment notice is mailed to the property owner if it was mailed after April 10. A property owner who
failed to file a deduction application within the prescribed deadline may file an application between March 1 and May 10 of a subsequent year.
4. A property owner who files for the deduction must provide the County Auditor and designating body with a Form CF-1/Real Property. The Form CF-1/Real
Property should be attached to the Form 322/RE when the deduction is first claimed and then updated annually for each year the deduction is applicable.
IC 6-1.1-12.1-5.1(b)
5. For a Form SB-1/Real Property that is approved after June 30, 2013, the designating body is required to establish an abatement schedule for each
deduction allowed. For a Form SB-1/Real Property that is approved prior to July 1, 2013,the abatement schedule approved by the designating body
remains in effect. IC 6-1.1-12.1-17
SECTION 1 TAXPAYER INFORMATION
Name of taxpayer
Coast Southwest, Inc.
Address of taxpayer(number and street,city,state,and ZIP code)
505 S. Melrose Street, Placentia, CA 92870
Name of contact person Telephone number E-mail address
Lisette Minadeo ( 714) 524-2777 x 140 Iminadeo@coastsouthwest.tr
SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT
Name of designating body Resolution number
City of South Bend, IN
Location of property County DLGF taxing district number
7468 Vorden Parkway, South Bend, IN 46628 St. Joseph 037-South Bend Warren
Description of real property improvements,redevelopment,or rehabilitation(use additional sheets if necessary) Estimated start date(month,day,year)
Developing 10.58 acre site with 94,000 square foot tilt panel office/warehouse and July 2023
manufacturing facility with dock doors for distribution. Estimated completion date(month,day,year)
June 2024
SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT
Current number Salaries Number retained Salaries Number additional Salaries
1 $40/hr 1 $40/hr 42 over 10 years Avg$31-44/hr
SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT
REAL ESTATE IMPROVEMENTS
COST ASSESSED VALUE
Current values � 503,000
Plus estimated values of proposed project 7,000,000
Less values of any property being replaced
Net estimated values upon com.letion of.ro'ect
SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER
Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds)
Other benefits
SECTION 6 TAXPAYER CERTIFICATION
I hereby certify that the representations in this statement are true.
Signature of awes five Date signed(month,day,year)
2/14/23
Printed name of authorized representative Title
Olivia Cimo Corporate Secretary
Page 1 of 2
FOR USE OF THE DESIGNATING BODY
We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed
under IC 6-1.1-12.1,provides for the following limitations:
A. The designated area has been limited to a period of time not to exceed calendar years'(see below). The date this designation
expires is
B. The type of deduction that is allowed in the designated area is limited to:
1.Redevelopment or rehabilitation of real estate improvements 0 Yes ❑No
2.Residentially distressed areas 0 Yes ❑No
C. The amount of the deduction applicable is limited to$
D. Other limitations or conditions(specify)
E. Number of years allowed: 0 Year 1 ❑Year 2 ❑ Year 3 0 Year 4 ❑ Year 5 (*see below)
❑Year 6 ❑Year 7 ❑Year 8 ❑Year 9 0 Year 10
F. For a statement of benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-17?
❑Yes ❑No
If yes,attach a copy of the abatement schedule to this form.
If no,the designating body is required to establish an abatement schedule before the deduction can be determined.
We have also reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have
determined that the totality of benefits is sufficient to justify the deduction described above.
Approved(signature and title of authorized member of designating body) Telephone number Date signed(month,day,year)
( )
Printed name of authorized member of designating body Name of designating body
Attested by(signature and title of attester) Printed name of attester
*If the designating body limits the time period during which an area is an economic revitalization area,that limitation does not limit the length of time a
taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17.
A. For residentially distressed areas where the Form SB-1/Real Property was approved prior to July 1,2013,the deductions established in IC
6-1.1-12.1-4.1 remain in effect.The deduction period may not exceed five(5)years. For a Form SB-1/Real Property that is approved after June 30,
2013,the designating body is required to establish an abatement schedule for each deduction allowed. The deduction period may not exceed ten
(10)years. (See IC 6-1.1-12.1-17 below.)
B. For the redevelopment or rehabilitation of real property where the Form SB-1/Real Property was approved prior to July 1,2013,the abatement
schedule approved by the designating body remains In effect.For a Form SB-1/Real Property that is approved after June 30,2013,the designating
body is required to establish an abatement schedule for each deduction allowed.(See IC 6-1.1-12.1-17 below.)
IC 6-1.1-12.1-17
Abatement schedules
Sec.17.(a)A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under
section 4 or 4.5 of this chapter an abatement schedule based on the following factors:
(1) The total amount of the taxpayer's investment in real and personal property.
(2) The number of new full-time equivalent Jobs created.
(3) The average wage of the new employees compared to the state minimum wage.
(4) The infrastructure requirements for the taxpayer's investment.
(b) This subsection applies to a statement of benefits approved after June 30,2013. A designating body shall establish an abatement schedule
for each deduction allowed under this chapter. An abatement schedule must specify the percentage amount of the deduction for each year of
the deduction. An abatement schedule may not exceed ten(10)years.
(c) An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under
the terms of the resolution approving the taxpayer's statement of benefits.
Filed in Clerk's Office
MAR 08 20?
DAWN M JONES
CITY CLERK,SOUTH BEND,IN
Page 2 of 2