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17-60 Designating Personal Property Tax Abatement Masterbilt Inc.
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17-60 Designating Personal Property Tax Abatement Masterbilt Inc.
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10/4/2017 2:03:21 PM
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10/4/2017 2:03:16 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
10/9/2017
Bill Number
17-60
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City of South Pend. <br /> Petition for Incentives <br /> Petition must Include a$150 filing fee payable to the City Clerk's Office or online via the City's website at <br /> http://southbendin.gov/government/content/tax-abatement before processing can be complete <br /> ,.cli(' • air, ;Nr:ollcl+. I�klni" 'I.f:I lqd,. I,li?I -1 <br /> Legal name as registered with Secretary of <br /> Masterbilt.Incorporated <br /> uuslness structure S-Corporation <br /> Company website www.masterbilt-inc.com <br /> •.. <br /> Proposed project address 325 S.Walnut St. Parent company name <br /> City,State,Zip South Bend,IN 46601 Legal owner Masterbilt,Inc. <br /> Site acreage or acreage required Is the real estate owned or Owned <br /> Square feet of facility —8,500 If leased by whom <br /> Primary company contact name Rob Michalak Title Vice President <br /> Address of company contact 325 S.Walnut St. Phone 574.287.6567 <br /> City,State,Zip South Bend,IN 46601 Email rob @masterbilt-ine.com <br /> 'iq�j=l �uisil<IFjlllit'rotdilJ_Ij(=iii - _ ._ -- <br /> Company senior official name Bob Michalak Title President <br /> Address of company contact(if different from Phone <br /> above) <br /> City,State,Zip Email bob @masterbift-inc.com <br /> =1iPl�ll'•:�.i}fUlif(>;dii-I91d(�fil'%aY:;-7.F <br /> Hired business consultant/agent name Consultant release(Y/N) <br /> Address Local economic development partners <br /> approval Y N <br /> City,State,Zip Email <br /> Brief description of your Masterbill is an aerospace precision machining business which has an opportunity to grow with existing customers, <br /> company,project,and why the Investment in new machinery and technology is necessary to improve capabilities and efficiencies which will make us more <br /> property Is necessary for competitive. The new machines will allow Masterbilt to produce more complex parts which our customers have found <br /> economic growth difficult to source. We have already received request for quotes and have won several jobs due to our history of top quality <br /> and delivery performance but can grow rapidly with newer technology. Masterbilt will need to hire new employees and <br /> invest in employee training and development to support the growth and new equipment. <br /> Filed in Clerk's Office <br /> EEP 13 2017 <br /> KAREEMAH FOWLER <br /> CITY CLERK,SOUTH BEND,IN <br /> Certified Technology Park appropriate NIA <br /> Community Revitalization Enhancement N/A <br /> District <br /> Certify that the Building Permit has not been Number of residential units created by <br /> issued N ro'ect <br /> If this is a petition for personal property tax abatement,has <br /> No <br /> the equipment been installed <br /> 0- <br /> Public Infrastructure needs(Off- Has any 504 funding been What Is the value of any equipment being purchased In What Is the value of any equipment being <br /> site of project in dollars) received? Indiana for the project? purchased from out of state for the project? <br /> $300,000 <br />
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