Confirming Tax Abatement - 7055 Cleveland Rd. Patterson Logistics Services Inc.,(5yrspp)

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1' CITY OF SOUTH BEND PETITION FOR TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION The undersigned owner(s) of new manufacturing equipment, personal property, located within the City of South Bend, hereby petitions the Common Council of the City of South Bend for personal property (new manufacturing equipment) tax abatement consideration and pursuant to I.C., 6-1.1-12.1, et sea.• and South Bend Municipal Code Section 2-84.2, et sea•• for this petition states the following: 1. Describe the proposed project, including information about the new manufacturing equipment personal property (Aequipment@) to be installed, the amount of land to be used, if any, the proposed use of the equipment, and a general statement as to the value of the project to your business. 208,000 SF Distribution Center for Medical, Dental, and Veterinary supplies and products. Racking and conveying equipment to be installed, along with server equipment, cabling, and security equipment. Installation in existing building with total land size of 11.67 acres. The distribution operations are critical to Patterson's business. 2. The project will create 50 new, permanent jobs within the first year, representing a new annual payroll of $1.04 million and will maintain 60 existing permanent full-time and 0 existing part-time jobs representing an annual payroll of $1.62 million. The projected annual salaries for each new position created are estimated to be as follows: $20.880.00. 3. Estimate the total cost of the Equipment: $8,000,000 - 9,000,000 4. (a) The Equipment is owned or to be owned by the following individuals or corporations (if the business organization is publicly= held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): NAME ADDRESS INTEREST Patterson Logistics 1031 Mendota Heights Road 100% Services Inc. St. Paul, MN 55120 (b) The following other persons lease, intend to lease, or have an option to buy this Equipment (include corporate information as required in (4)(a) above, if applicable): NAME ADDRESS INTEREST N/A N/A N/A 5. Give a brief description of the overall nature of the business and of the operations occurring at the location for which tax abatement is requested: 208,000 S.F. Distribution Center used to distribute medical, dental, and veterinary products. 6. The commonly known address of the property where the Equipment is to be located is: 7055 Cleveland Road, South Bend, IN 46628 7. The Key Number of said property is: 71-03-19-300-003-000-009 or 025-1011-018601 (Revised 8/2/02)