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Committee backs 2-year vacant-building tax abatement for Studebaker Administration Building at 635 South Main
Summary
The Community Investment Committee voted 4-0 to recommend a confirming resolution that clears a two-year vacant-building tax abatement intended to stabilize the long-vacant Studebaker Administration Building at 635 South Main Street.
The South Bend City Council’s Community Investment Committee voted 4-0 to send a confirming resolution recommending a two-year vacant-building tax abatement for 635 South Main Street, the Studebaker Administration Building.
The confirming resolution would vacate a portion of property taxes for two years to help stabilize and preserve the roughly 150,000-square-foot building, which petitioners said has been vacant for about two decades. "The intention is to ensure that the historic elements are retained," petitioner Kevin Smith said, describing plans to make the building watertight and to restore…
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