Laserfiche WebLink
TH 44 <br /> CITY OF SOUTH BEND <br /> y' CR COMMUNITY INVESTMENT <br /> 1865 <br /> October 22, 2025 <br /> Filed in Clerk's Office <br /> Council Member Troy Warner <br /> Chairperson, Community Investment Committee Oct 22, 2025 <br /> South Bend Common Council Bianca l irado <br /> South Bend City Hall, 3rd Floor City Clerk. South Bend, IN <br /> South Bend, Indiana 46601 <br /> RE: Declaratory Resolution: Warehouse Development Real Property Tax Abatement for <br /> Michigan Motorsports LLC <br /> Dear Council Member Warner, <br /> Please find the enclosed Declaratory Resolution and supporting information pertaining to a tax <br /> abatement petition submitted by Michigan Motorsports LLC, a Michigan Limited Liability <br /> Company. This petition package includes: <br /> • Department of Community Investment's summary report <br /> • Petition for abatement <br /> • Statement of Benefits form (SB-1 / Real Property) <br /> • Supporting information <br /> The report contains the Department's findings relative to the above-mentioned petition. The <br /> petitioner intends to purchase from the South Bend Redevelopment Commission a seven-acre <br /> vacant parcel on William Richardson Court. Michigan Motorsports intends to move their entire <br /> operations from Niles, Michigan, to South Bend and construct a 50,000 square foot office, <br /> warehouse, distribution center, and showroom. <br /> The total investment for this project is $4,550,000, including real estate, construction, and <br /> equipment. The project meets the qualifications for a seven-year (7)Warehouse Development <br /> Real Property tax abatement. <br /> A representative from Michigan Motorsports LLC will be available to meet with the Committee <br /> on Monday, October 27, 2025. <br /> If you or other Council members have questions about the report or need additional information, <br /> please feel free to call me at (574) 245-6022 <br /> Sincerely, <br /> Joseph Molnar <br /> Assistant Director, Growth and Opportunity <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> South Bend City Hall.Suite 500 215 S.Martin Luther King Jr.Blvd. South Bend,IN 46601 p 574 235 9371 www southbendin gov <br />