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227 W. JEFFERSON BOULEVARD <br />SUITE. 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />CITYOF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <br />January 24, 2014 <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 />PHONE: 574 /235 -9371 <br />FAX: 574/235 -9021 <br />RE: Real Property Tax Abatement Petition and Personal Property Tax Abatement Petition for: <br />BOYD'S SERVICES <br />Dear Council Member Ferlic: <br />Please find attached the Department of Community Investment's report on a real property tax abatement <br />petition for the above - referenced petitioner. Also attached is a copy of the petition, Statement of Benefits <br />form, and supporting information. The project calls for the renovation of a historic building located at 1240 <br />West Thomas Street. <br />The report contains the Department's findings relative to the above petition. The total cost for the renovation <br />is estimated at $114,255. The project meets the qualifications for a six -year real property tax abatement. <br />A representative from Boyd's Services will be available to meet with the Committee on Monday, February <br />10, 2014. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235 -9339. <br />Sincerely, <br />Brock Zeeb <br />Director Economic Resources <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Pete Buttigieg <br />Scott Ford <br />Chris Fielding <br />ASSISTANT EXECUTIVE DIRECTOR PIANNING NEIGHBORHOOD ENGAGEMENT ECONOMIC RESOURCES <br />CHRIS FIELDING JITIN KAM PAMELA C. MEYER BROCKZEEB <br />