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Confirming Tax Abatement - 4701 Nimtz Parkway - Schafer Gear Works, INC.
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Confirming Tax Abatement - 4701 Nimtz Parkway - Schafer Gear Works, INC.
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Last modified
11/17/2009 2:50:31 PM
Creation date
11/17/2009 2:50:30 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/28/2009
Ord-Res Number
3990-09
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<br />CITY OF SOUTH BEND PETITION FOR <br />TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION <br />The undersigned owners} of new manufacturing equipment, personal property, located <br />within the City of South Bend, hereby petitions the Common Council of the City of South- <br />Bend for personal property (new manufacturing equipment) tax abatement consideration <br />and pursuant to I.C., 6-1:1-12.1, etet seq•, and South Bend Municipal Code Section 2-84.2, <br />et. seq_ for this petition states the following: <br />1. Describe the proposed project, including information about the new manufacturing <br />equipment personal property ("equipment") to be installed, the amount of land to be <br />used, if any; the proposed use of the equipment, and a general statement as to the <br />value of the project to your business. <br />_C[_NAFFtP l~FA11 RECENTLY 2Er t/VE--~ NEW RtLS/NL-SSLONTRAGTS F2CM TH2rr Gil-STOIKERS <br />Tl'll1T ~OL!!.QE TIi£ D~~_2~.NASE Af NYL/E,~LiDM ~yT ; HE ~(Jct,/PME'NT GONE/5i ~ 0 F <br />'rHI~.EE C_~tC_ LATIfES aNEG1~LHaBB/NC. MAGNINc nn/E GnrG GC/~2 (r~'rl~t~~r~(r MAGN//,r~, <br />nNE GNc MAc HININCr cEl1TE2 ~Wo DEBGr2RlNGMAcLNE'~ AND ONC LNTE~I'Nt4 L <br />/sEA2 (r21N1~11~~~TrAG1.1MENT_ THE ABoy£ NE,,d /3u,S/NE CS w/L~ ADD <br />APPRcX~M/}?~`_-~__Y~6~~on ~~o f~f 2Ev~NU.~ <br />2. The project will create .~ new, permanent jobs within the first. year, representing <br />anew annual payroll of $ a ~ 9 66 0~- and will maintain ~_ existing permanent <br />full-time and o existing part-time jobs representing an annual payroll of <br />$ The projected annual salaries for each new position created are <br />estimate to be as follows: <br />~ 3/ a.on <br />3. Estimate the total cost of the Equipment:_~ n~ n o ~ <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 the name <br />of the corporate parent, if any, and the name under which the corporation has filed <br />with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST <br />S~HAFE2 <~AQ X70/ N/HT? P/~QKwRY <br />uJc2 kS TNG _ Seu.TN ~.t n ruD/ANA y6<,o2$ /On g,~o <br />1 <br />
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