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2016 Community Investment Tax Abatement Report
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2016 Community Investment Tax Abatement Report
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o4spUTH 4 Filed in Clerk's Office <br /> W PEACE a <br /> JUN 0 9 2017 <br /> x x KAREEMAH FOWLER <br /> 1865 CITY CLERK,SOUTH BEND,IN <br /> CITY OF SOUTH BEND <br /> COMMUNITY INVESTMENT <br /> June 9,2017 <br /> Dear Common Councilmembers: <br /> Please find the attached 2016 Tax Abatement Annual Report for the City of South Bend. The report <br /> is split into three parts: <br /> Part 1 — Local Ordinance Reporting & Property Tax Deduction Location. Listing of <br /> companies' property tax deduction location and local and minority contractors used. <br /> Part 2 — Real Property Tax Abatement Summary 2016. Listing of companies receiving <br /> assessed value deductions during the 2016 tax year. <br /> Part 3 — Personal Property Tax Abatement Summary 2016. Listing of companies receiving <br /> assessed value deductions during the 2016 tax year. <br /> Please note that if an assessment did not occur prior to March 1, 2016,the abatement will not be <br /> effective until the following year. Although business operations can begin, tax assessments and <br /> deductions start after the issuance of County Assessment Form 11. <br /> The Department of Community Investment will be contacting the following companies that failed <br /> to provide minority employment numbers or a list of local companies/minority contractors used <br /> for the 2016 reporting year: <br /> • Federal Mogul Powertrain, Inc. <br /> • Key SB, LLC(The Hinman Company) <br /> • The Lebermuth Company, Inc. <br /> Please do not hesitate to contact me with any questions as you review the report. <br /> 7 mes rely, <br /> Mueller <br /> Executive Director of Community Investment <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227W.Jefferson Bvld. South Bend,Indiana 46601 p574.235.9371 wwWSOLIthbendin.gov <br />
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