Tax abatement petitions to the Common Council shall only be considered from owners of real property or new manufacturing equipment located within the City of South Bend who propose economic revitalization development.
For commercial real property tax abatement consideration, the Petitioner may qualify for three to ten years of abatement. Personal property tax abatements may be granted for five years. Single family residential abatements are for five years.
Companies or individuals applying for a building permit for the proposed project or installing new manufacturing equipment prior to approval of a Tax Abatement Petition are not eligible for Tax Abatement.
Tax Abatement Applications and Forms:
Petition for Real and Personal Property Tax Abatement: