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CITY OF SOUTH BEND PETITION FOR <br />TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION <br />The undersigned owner(s) of new manufacturing equipment, personal property, <br />located within the City of South Bend, hereby petitions the Common Council of <br />the City of South Bend for personal property (new manufacturing equipment) tax <br />abatement consideration and pursuant to I.C., 6-1.1-12.1, et se and South Bend <br />Municipal Code Section 2-84.2, et se for this petition states the following: <br />1. Describe the proposed project, including information about the new <br />manufacturing equipment personal property (Aequipment@) to be installed, <br />the amount of land to be used, if any, the proposed use of the equipment, and <br />a general statement as to the value of the project to your business. <br />Green Tech Transfer & Recycling LLC is a 10.05 acre Brownfield <br />Development to be built as astate-of-the-art recycling/transfer facilty. <br />Equipment will be used to receive, weight, sort and transport reusable items <br />from refuse. <br />2. The project will create 9 new, permanent jobs within the first year, <br />representing a new .annual payroll of $ 217,256.00 and will maintain <br />0 existing permanent full-time and 0 existing part- <br />time jobs representing an annual payroll of $ 0 The projected <br />annual salaries for each new position created are estimated to be as follows: <br />(1) Facility Operations Manager $40,950 (2) Sorters $53,040___ <br />(1) Dispatch/Clerical $31,720 (2) Equipment Operators $53,456 <br />1 Clerical 23 920 2 Truck Drivers 55 120 <br />3. Estimate the total cost of the Equipment: $3,141,620.00 <br />4. (a) The Equipment is owned or to be owned by the following individuals or <br />corporations (if the business organization is publicly= held, indicate also <br />the name of the corporate parent, if any, and the name under which the <br />corporation has filed with the Securities and Exchange Commission): <br />NAMF. AilT1RF.4C <br />INTEREST <br />Green Tech Transfer 2500 Green Tech Dr. <br />& Recycling LLC South Bend, IN 46613 <br />(Revised 8/2/02) 1 <br />