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HomeMy WebLinkAboutBill 16-31 Confirming Intersection of Mayflower Rd and Western Ave for a six (6) year real property tax abatement227 W. JEFFERSON BOULEVARD SUITE 1400 S. SOUTH BEND, IN 46601 -1830 March 22, 2016 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUTIVE DIRECTOR Council Member Gavin Ferlic, Chairperson Community Investment Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Real Property Tax Abatement Petition for: County Development, LLC Dear Council Member Ferlic: PHONE: 574/235 -9371 FAx:574/235 -9021 Please find the attached information pertaining to a real property tax abatement petition for County. Development, LLC: ➢ Department of Community Investment's summary report ➢ Copy of the petition ➢ Statement of Benefits form ➢ Supporting information. The report contains the Department's findings relative to the above petition. County Development, LLC will be investing approximately $6,800,000 on the construction of a new 40,000 square foot supermarket store and 4000 square foot convenience store and fuel center business at the intersection of Mayflower Rd and Western Avenue. The project meets the qualifications for a (6) six year real property tax abatement. A representative from County Development, LLC will be available to meet with the Committee on Tuesday, March 29, 2016. 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 235 -5823. Sincerely, ..�4 /4-tl Aaron Kobb Director Economic Resources Filed in Clerk's Office :MAR 2 3:2 016 KAREEMAH FOWLER CITY CLERK, SOUTH BEND, IN PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES PAMELA C. MEYER BRIAN PAWLOWSKI AARON KOBB TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: AARON KOBB SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: County Development, LLC DATE: March 22, 2016 On Tuesday, March 22, 2016, a petition from County Development, LLC was received and subsequently filed with the City Clerk for real property tax abatement consideration for property to be located at the intersection of Mayflower Rd and Western Avenue, South Bend, IN 46619. 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 whether 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 ➢ Approximately $6,800,000 construction of a new 40,000 square foot supermarket store and 4000 square foot convenience store and fuel center business. ➢ Estimated total taxes on new building construction during six year abatement period — $1,180,460 ➢ Estimated taxes being abated on new building construction during six year abatement period — $464,668 ➢ Estimated taxes to be paid on new building construction during six year abatement period — $715,792 EMPLOYMENT IWACT Per the petition, it is estimated that the total project will: ➢ Create 13 permanent, full-time jobs within the six year abatement period, representing a new annual payroll of approximately $453,440 ➢ 30 total jobs will be retained with a total annual payroll of approximately $936,000 PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES PAMELA C. MEYER BRIAN PAWLOWSKI AARON KOBB ABATEMENT QUALIFICATION l . A review of the tax abatements previously granted, finds that the petitioner has not been granted or associated with previous abatements. 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the property is not located in a designated Development Area. 4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the qualifications for a (6) six -year real property tax abatement under section 2 -84.2, Real Property Tax Abatement. RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS Intersection of Mayflower Rd and Western Avenue, South Bend, IN 46619 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR County Development, LLC WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as the intersection of Mayflower Rd and Western Avenue, South Bend, IN 46619 and which is more particularly described as follows: LOTS 61 & 62 GROUSES PRO SEC 8 -37 -2E 16/17 ANNEXED ORD #10375 -15 LOT 63 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 64 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 65 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 66 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 W 90 FT LOTS 67 & 68 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 E 75' LOT 54 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 54 EX E 75' GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 55 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 56 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOTS 57 & 58 100'S SIDE GROUSES ADD 16/17 ANNEXED ORD #10375 -15 and which has a Key Number [to be assigned] be designated as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real Property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted a real property tax deduction for a period of (6) six years as shown by the attachment pursuant to Indiana Code 6 -1.1- 12.1 -17 and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et se q. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. N1FD NO; :- v'ROYLO Member of the Common Council Filed in Clerk's Office MAR 2 3 2016 I(gREEMAH FOWLER CITY CLERK, SOUTH BEND, IN RESOLUTION NO. 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 Intersection of Mayflower Rd and Western Avenue, South Bend, IN 46619 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR County Development, LLC WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana (the "Common Council ") requesting that portion of the property located at the intersection of Mayflower Rd. and Western Avenue, South Bend, Indiana 46619 which is more particularly described as: LOTS 61 & 62 GROUSES PRO SEC 8 -37 -2E 16/17 ANNEXED ORD #10375 -15 LOT 63 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 64 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 65 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 66 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 W 90 FT LOTS 67 & 68 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 E 75' LOT 54 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 54 EX E 75' GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 55 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOT 56 GROUSES ADD 16/17 ANNEXED ORD #10375 -15 LOTS 57 & 58 100'S SIDE GROUSES ADD 16/17 ANNEXED ORD #10375 -15 and which shall have a separate Key Number assigned upon the subdivision of the parcel into one tax parcel and provided to the Common Council 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 final legal description and to report the final, appropriate Key Number 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 the area US.99336760.02 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 Petition for Real Property Tax Abatement and the Statement of Benefits form completed by the Petitioner meets 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. -2- US.99336760.02 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 Area shall be limited to two (2) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION VI. The Common Council hereby determines pursuant to Indiana Code 6 -1.1- 12.1-17 that the property owner is qualified for and is granted a property tax deduction for a period of six (6) years as shown by the attachment pursuant to Indiana Code 6 -1.1- 12.1 -17 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. PRESENTED HOT APPROVEL PTO -3- US.99336760.02 Member of the Common Council Filed in Clerk's Office MAR 2 3 2016 KAREEMAH FOWLER CITY CLERK, SOUTH BEND, IN o OOOrCA n �OCDr t ION 0 00 nWO0O NCMO 0c0 r O MOM CO Ln C0O to U)O Z D CO'>NN 4 04 r- -- OOOMN U> 0 0 U) N N r N 7r Cn (7 cc W f� �I4 COONC+0O3 c0 00NM U> NC7 LO � u' O M �OMC' OO CM CC>OO C`7 0 } W M VM'C0o NNO 0O0NO ��• CD et OD r U) N N r N U LO r 't C S W CC Ul o 0 0 0 0 o n O i h 00 m L L COO NI O M C0O 0 co M M LO 'tom_ DO1_ C� U }0 -0) 00 Oo 00 0 00040 Ui N LO N M o MOONN CO �OCOMN o 00 d'O�' n n MCD NLOn y Z TC ~Q.I 0)Otin LOi coo N � CO �OMM0 CO U> O U>OU) m 0 U>M MO a}ONOMOn0co "' co M r co m Mr- CM GOON N LO W_ 't X0 r r r r r N N OO C Ei V 0 NOOCO et u> CIO CDOO 00 o 00 nOn O O 00 NCO OD y F- io OM CO V) NCO 00 ra co co U>N Co J �OMOM N 00 w CO co r I NONV_V n C•h�o J 'Q }ONDMNT •? 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N N d N X x N d N 4% yE Q 4) C R m H Y _N 0 fy0 N N CO N QQ LO V a X 3 04 N N i y l6 �z C Q CD F �z mcio� W N W E = N V N N n-• y. 3 N Um� 3 Q a U City �f Sotli Reid 4�uTd an" ms's£ � � �i � '� 5 � �' '� '' � �� � .�:�. � ��i� � Y s .� 4 I•+1tE p K t � -: d t - � Petft)on muss fnclr3t�e 30 filingiy fEe tt� sou ` e of r oh ax7itement ne roaessin ca °e co e a General Information Project Name Project Number Legal ame -, g steer w t-T$ - ry of a� �� County Development LLC au inessstfu re Limited Liability Company Ctf pp Y sTe�r�: www .martins- supermarkets.com * ,.ate: Proposed P��° ress Intersection Mayflower Rd & Western Avg . a e a Martin's Super Markets, Inc. x- e StaS P -ANY' - iffif;d e County Development LLC Site re ge a •e equired'% - - � r 8.43 Acres is.# RYUI e's(at Towne ors r -- Owned , 44,000 lf' a sedY Primary Contact information y%ctame Gregory L. Freehauf� VP Finance, CFO A APa co ON ' PO Box 2709 P 574- 239 =1818 ._�.. South Bend, IN 46680 - gfteehauf @martins- supermarkets.com Senior Official Companyr cialna 516 Gregory L. Freehauf TRIi t VP Finance, CFO A " „o pa , :con "• 'd ifere !fro.. n PO Box 2709 ho e"'F F � 574 - 239 -1818 e; South Bend, IN 46680 - Ox �z« Consultant P'" =r gfreehauf @martins- supermarkets.com • • -- s(n� `reagent n me ,.: N/A t� ress ' INAM FROM o'tit 0&1 fgartnes _ I SPIN t Cif late ZIPS E ai_ fr Project Overview 40,000 square foot supermarket store and 4,000 square foot convenience store and fuel center business pmP y� feet, an w e pope: r ion w o lag � Filed in Clerk's office q MAR 2 3 2016 n' �z FOWLER KAREEMAH CITY CLERK, SOUTH BEND, II C�rtifiertTechnoogy:P �oprte 5339 to munityRe"�tethatio _EnhaMht g Certify °ttattheSuti ngPermklas�notbeenn Yes �ft�iisisaitl� fowaoytaxak has ; INo the ui entbeeninstaUed 2015 2016 2017 2018 2019 2020 2021 2022 - 20?� 30 $15.00 3 $16.00 $1,925 3 2017 10 $17.00 $6,800 10 2019 r 2020�s 2023�'� MUM, 26N, �h°re $9.50 (11 new employees) $9.50 (26 new employees & 58 retained employees) - Manag. $31.00 (2 new employees) 22. 2A�dlnin native" ' -e` n. ua r coo r!8 Robyn Albert - o eon:r ?' - �� _ Does° youi wmpa ayes EEO lti cy? 700 Yes _ Areyouan EEO egre -_ `. -`_3, - � -� -° 3- - `Yes :��` f a F[UdhU 115L L11(2 HUMUtr U1 IUH LITTle dHG parf urnp FT • . . . • • • PJ" 1Jeihe ou .w tme 'too the last three years: diirersi :anted nei n: y e _ i tg; 2015 2014 2013' i4 ndrekmeMe i fort lasE: threeywrsaswellasc inns oliee _ �E��� � I�ull7tiiae '�irETt fugTime- Partlime�` Fu�Time"'' �Part+Time= Martin's is committed to diversity and participates in many community job 3arg 5 11 5 11 5 10 t ?� 2 3 1 1 2 3 fairs. Recent participation would include job fairs with WorkOne, rAsl Goodwill and IUSB. We also partner with various schools in the SBCSC to Indiana-Resident Full-Time Permanent Positions CalendaYYea Jobs rtainetl To`1 hIaLivell ofnet NEW fupi e 1 flou°rt a egaeeee w �� ����� wage e`•; -p" � n ��t�a� ec"��� �etNsorbonuses,� o - 20?� 30 $15.00 3 $16.00 $1,925 3 2017 10 $17.00 $6,800 10 2019 r 2020�s 2023�'� MUM, 26N, �h°re $9.50 (11 new employees) $9.50 (26 new employees & 58 retained employees) - Manag. $31.00 (2 new employees) 22. 2A�dlnin native" ' -e` n. ua r coo r!8 Robyn Albert - o eon:r ?' - �� _ Does° youi wmpa ayes EEO lti cy? 700 Yes _ Areyouan EEO egre -_ `. -`_3, - � -� -° 3- - `Yes :��` f a F[UdhU 115L L11(2 HUMUtr U1 IUH LITTle dHG parf urnp FT • . . . • • • PJ" 1Jeihe ou .w tme 'too the last three years: diirersi :anted nei n: y e _ i tg; 2015 2014 2013' i4 ndrekmeMe i fort lasE: threeywrsaswellasc inns oliee _ �E��� � I�ull7tiiae '�irETt fugTime- Partlime�` Fu�Time"'' �Part+Time= Martin's is committed to diversity and participates in many community job 3arg 5 11 5 11 5 10 t ?� 2 3 1 1 2 3 fairs. Recent participation would include job fairs with WorkOne, rAsl Goodwill and IUSB. We also partner with various schools in the SBCSC to provide guidance to students on aspects of getting a job. 14 29 13 25 15 29 ��; Complete below for Real or Personal Property Tax Abatement only. Please -. -. irifamaion isieuired on'�otti the�const`wuc ion companies andthe - Elm q • �� co�npame�s whit w II provi�lna �riats pu c ase`�d foc'this prolect3 1 �H �' � �' � x5�� Qualify Please complete below the ifs fr earned pointsA►va la ;heatable uvt appropriateformaUon b s YeorNoj Y6u qualify fo�rthe pointspiease e�ttei °the f I a cunt <of available< otn'ts W ., >a .,�.a °fix x �...� ".� � ��.,._ s. �? � � ii� � �' ` - �•°� � '&".3.. � _ �p�r -.� t. iGe �"': �:'�- .- SYit�' �x'i���w Y� �� .,.2p�� S ��a�.v��`� -`';Y' #xH� �.+SSiA�ra...L+�,»�"'§�+ a:.'G Zt... .. ..r���3. 1y E Yes 20 20 Br, trc ase ers�r (Jb) Yes 20 20 ocai or(fanies ,: ' C �GfE' Vs. l de °? denfcont �cio�s Yes 19 19 Re�q Q1! P Urfa .= Yes 22 22 E �tegiheeait�Br�e`s Yes 22 22 Yes 18 18 q _ e�� -'A iv Ork on -.P att Yes 20 20 S 41 pubtta ones ruwc onRe ated 141 141 s Yes 33 33 Pia am aoa; ava s�` s Yes 34 34 _ "s },r C. o e_ s e efl Yes 29 29 MUM ' old.. - OW s!.!_- Yes 28 28 ,f ovjde 6shii : aG `• = No 15 1W N� P. � ' a '� Wig; -r_ No 14 ...c• 1'g - - .- iu &ProB�m is No 9 SOON IS- 6= BezRel�ted�` 124 162 4 Nut �A Creatg�lew, o u2 - Yes 42 42 3 B beta ng7 Yes 41 41 C� Maintain _ a Ian _ Yes 35 35 No - g �g P[ovidelargg erence _ _ _ _- 34 Subt ok1!1( 118 152 . orceReia� E� _{ St3Qpo4 a�5at�ons to tfie ITO A Yes 84 zoo, co tMW useutr�,�tc 84 - -�x°i Sufi =to 1 �i°niccielllrf 84 84 .- y�� --as' �1.�. -..- �� -'1- -: .- .� ---z ice'- _ �a _;.5•�� �, 539 S Subtotal fromblove 467 • - • S � . - 03/18116 Wfiattsfhewrfent;assessetf lue ?� �` 2ea7�Propa�r� � PersonalPro�er�y What isthe petted assessed clue ?z Rea Yropery / r 3� 0 Personal Piop�rty '�',a*';:m.s WRatih�e�`sGc``` ili iICS�2� �, Please'a}tacti��GOOg'�e'�n'�en sq'�'iofth o' ton g a Pleaseilsttheam% Gn�Cofr�atan `"rT"peonaiproperiy�xes�'�' ',��.r" .ter �iea�ropectyTaxes ° ,, parsonalPropertyT`g�es >r � �� 5'�'°�"4. ` � years a pp cahp� ��.� ,: � m f pabfdrt(ielastfJv :, �J'cQ' / ✓ V - $ S 70 Please fill . . . . and add to .. from . „ Pafots P.ot �ubl F Benefit to a . - x � � = ' ta r film *• d GO S ht Ir ee s 49 De et p cr h 35 ` slow, �ao�c�liesea c vet' ca nart� 36 u - ota s . jeci�Relat� 0 120 ON MEMO- oiema n UIRWd M� De S p aluess -a Wk Ml 10096 to��99 �> H 300 0 65 s D `a°_&": 52 3 S tea SuF?Ie� 0 210 or.Moaidast�cture. v- Y ;A,_ PayfoOv�erszA> isa�� �- °sx 14 ��` 8 � Pa for iC509 �o Ex si t� 26 Pia f °[.96`ef►it�st�"s 39 40 _ _ Pay°r 6FIe7tsio 52 _ njCos�Es= - - ter -'r�z Subota_ uctureRelaed- 0 131 . s. = t �'' i' otal ,�ro�•;9p_pJ�ica�Sectfort.;: -� _ `ter ��,� 467 539 ? ..��f y Iofafr�omSffSecFio�t, 0 461 a ;� T t u61ic Benefit P r 467 1000 1) How do I pay my petition filing fee? Your petition ftlingfee can be paid either in person or via mail to: Or online via paypal at: City Clerk's Office http: / /Southhendin -.gov /government/ Attn: Deputy City Clerk content /tax- abatement 227 West Jefferson Blvd. • Suite 400 S South Bend, Indiana 46601 2) Certified Technology Park appropriate? (Page one, under project overview) In the South Bend area there are only two Certified Technology Parks, Innovation Park and Ignition Park. If your property is not located in either then the answer would be no. 3) Community Revitalization Enhancement District? (Page one, under project overview) The map below outlines the CRED area, please check to see if you fall within the boundaries. CREeD District Boundary - South- .South-_ F -- Legend CRErDDistrict Indism' . . O South Bend P&MMS 4) Has any 504 funding been received? (Page one, under investment details) 504 Funding is a loan that come from the Small Business Administration. This funding must be applied for to be received. 5) Total training expenditure - not cumulative (Page two, under full time Indiana resident positions) The amount of money to be spent per year on training over the course of the project. 6) Total number to be trained - not cumulative (Page two, under full time Indiana resident positions) The amount of people that you will train per year over the length of the project: If you have any additional questions that are not addressed by this document, please contact Sarah Heintzelman in the Department of Community Investment at 574.235.5842 or email atsheintzemsouthbendin.ge STATEMENT OF BENEFITS REAL ESTATE IMPROVEMENTS Stale Form 61767 (R412 -13) . Prescribed by the Department of Local Government Finance This statement Is being completed for real property that qualifies under the following Indiana Code (check one box): ❑ Redevelopment or rehabilitation of real estate improvements (IC 6 -1.1- 12.1 -4) ❑ Residentially distressed area (IC 6 -1.1- 12.1 -4.1) INSTRUCT IONS: 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. Projects "planned or commlted to aiterJuly 1, 1987, and areas designated afterJuty 1, 1987, require a STATEMENT OF BENEFITS. (IC 6-1.1 -12.1) 2 Approval of the designating body (City Council, Town Board, County Council, etc.) must be obtained prior to Initiation of the redevelopment or rehabilitation, BEFORE a deduction may be approved 3. To obtain a deduction, a Form 3221RE 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 alter the assessment notice is malted to the property owner If it was mailed afterApril 10. If the property owner misses the May 10 deadline In the initial year of occupation, he can apply between March 1 and May 10 of a subsequent year. 4. Property owners whose Statement of Benefits was approved after June 30, 1991, must attach a Form CF- 11Real Property annualty to the application to show compliance with the Statement of Benefits. 11C 6- 1.1- 12.1- 5.1(b) and IC 6-1.1- 12.1- 5.30)j. 5. The schedules established under IC 6- 1.1- 12.1 -4(d) for rehabilitated property apply to any economic revitalization areas designated alter June 30, 2000, unless an alternative deduction schedule is adopted by the designating body (IC 6- 1.1- 12.1 -17). The schedules effective prior to July 1. 2000, shall continue to apply to economic revitalization areas designated before July 1, 2000. Page 1 of 2 SECTION •- • Name of taxpayer County Development LLC Address of taxpayer (number and street, city, state. and ZIP code) P. O. Box 2709, South Bend, IN 46680 Name of contact person Telephone number E -mail address Gregory L. Freehauf ( 574 )239 -1818 gfreehauf @martins- supermarkets.com SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of designating body Resolution number Common Council of South Bend Location of property County DLGF taxing district number Mayflower Road & Western Avenue SL Joseph Description of real property improvements. redevelopment, or rehabilitation (use addiffonaf sheets If necessary) Estimated start date (month. day, year) May 1, 2016 40,000 square foot supermarket store and 4,000 square foot convenience store and fuel center business Estimated completion dale (month, day, year) April 1, 2017 SECTION OF • AND SALARIES AS RESULTOF '••• PROJECT Current number Salaries Numberretatned Salaries Number additional Salaries 98 $1,440,000 30 $936,000 13 $453,440 SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current values o Plus estimated values of proposed project $9,207.178 Less values of any property being replaced 0 Net estimated values upon completion of pro ect $9,207,179 SECTION • D AND O '• 1 1 Estimated solid waste converted (pounds) Estimated hazard as re Other be MAR 2 3 2016 KgREEMS � CITY CLERK, EB NJIN SECTION CERTIFICATION I hereby certify that the representations in this statement are true. daigoalpaolwbald (aodmtudaepreserdative Title Data signed (month, day, year) DN:m- &agml'LFreahw%o-Maen's Super Makels,o MartWs Supra Ma*.Ia,ameilVrnhaf@m Mr m" ikels. .B=US Vice President Finance, CFO 03/18/16 Dar« 2016.03.1816:11:58 -04W Page 1 of 2 FOR USE;OF THE DESIGNATING :., 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 -121, 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 dale this designation expires is B: The type of deduction that is allowed in the designated area is limited lo: 1. Redevelopment or rehabilitation of real estate Improvements 13 Yes ❑ No 2. Residentially distressed areas ❑ Yes O No C. The amount of the deduction applicable is limited to $ D. Other limitations or conditions (specfly) E. The deduction Is allowed for years" (see below). F. Did the designating body adopt an alternative deduction schedule per IC 6 -1.1- 12.1 -17? ❑ Yes ❑ No If yes, attach a copy of the alternative deduction schedule to this form. 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) Attested by (signature and Otte of attester) Designated body " if the designating body limits the time period during which an area is an economic revitalization area, it does not limit the length of time a taxpayer is entitled to receive a deduction to a number of years designated under IC 6 -1.1- 12.1 -4. A. For residentially distressed areas, the deduction period may not exceed five (b) years. B. For redevelopment and rehabilitation or real estate improvements: 1. If the Economic Revitalization Area was designated prior to July 1, 2000, the deduction period is limited to three (3), six (6), or ten (10) years. 2. If the Economic Revitalization Area was designated after June 30, 2000, and is not in a residentially distressed area, the deduction period may not exceed ten (10) years. Page 2 of 2