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CITY OF SOUTH BEND COMMUNITY INVESTMENT Attached you will find the detail elements of the City of South Bend 2018 Tax Abatement Annual Report. The report is split into four parts: • Part 1—Real Property Tax Abatement Summary.Provides a complete listing of companies granted real property tax abatement and receiving an assessed valuation deduction during the 2018(pay 2019)tax year; shows estimated taxes to be abated and taxes to be paid during a tax abatement period; details the employment impact and CF-1/RP compliance of the abatements. • Part 2 — Personal Property Tax Abatement Summary. Provides a complete listing of companies granted personal property tax abatement and receiving an assessed valuation deduction during 2018(pay 2019)tax year; shows estimated taxes to be abated and taxes to be paid during the tax abatement period; details the employment impact and CF-1/RP compliance of the abatements. • Part 3—Local companies/minority contractors used and minority employees hired.The minority groups are all persons classified as African American, Hispanic, American Indian, Alaskan Native, Asian and Pacific Islander. • Part 4 — Approved abatements during 2018. Provides a list of all companies approved for tax abatements during 2018. Important Notes: Section 2-76.1 — Recognized minority groups: All persons classified as Black, Hispanic, Asian and Pacific Islander,American Indian or Alaskan Native. Assessments: If an assessment did not occur prior to March 1, 2018,the abatement will not activate until the following year. Business operations can begin, but tax assessments and deductions start after the issuance of County Assessment Form 11. After review of the attached report, please feel free to contact me with any questions. We are also happy to present this report at Committee if it is so desired. Regards, Daniel J. uck nmeyer Director of Business Development Phone: 574-235-5823 Page 2