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O4 SpUTH.& <br /> Filed in Clerk's Office <br /> U d <br /> \PEACP <br /> x x <br /> EAPR8 2018 <br /> 1865 <br /> KAREEMAH FOWLER <br /> CITY OF SOUTHBENI[i�'n'CLERK,souTH�. w <br /> COMMUNITY INVESTMENT <br /> JAMES MUELLER, EXECUTIVE DIRECTOR <br /> April 18, 2018 <br /> Council Member Gavin Ferlic, Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend, IN 46601 <br /> RE: Real Property Tax Abatement Petition for: Wharf Partners,LLC <br /> Dear Council Member Ferlic: <br /> Please find attached the Department of Community Investment's report on a real property tax <br /> abatement petition for the above-referenced petitioner. Also attached is a copy of the petition, <br /> Statement of Benefits form, and supporting information. The project calls for the construction of <br /> a mixed use building, located at 320 East Colfax Avenue, South Bend. <br /> The report contains the Department's findings relative to the above petition. The total cost for the <br /> construction (Phase I) is estimated at $19,350,000 over a two year period. The project meets the <br /> qualifications for a six-year real property tax abatement and a representative from Wharf Partners, <br /> LLC will be available to meet with the Committee on Monday,April 23, 2018. <br /> Should you or any of the other Council members have any questions concerning the report, or <br /> need additional information,please feel free to call me at 235-5823. <br /> A y,Bucke yer <br /> Director of Business Development and Economic Resources <br /> DANIEL.J.BUCKP.YNIE-Lit AL.KEYNA ALDRIDGE PAIMEIA MEYER TUI CORCORAN <br /> BUSIVESs DEVELOPMENT ENGAGEhfENT&PCO\OMIC EMPOR'ERMENT NEIGHBORHOOD DEVELOPMENT PLANNING&CO-NIMUMTY RESOURCES <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227W.Jefferson Blvd. South Bend,Indiana 46601 p574.235.9371 www.southbendin.gov <br />