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02-08-10 Council Agenda & Packet
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02-08-10 Council Agenda & Packet
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CITY OF SOUTH BEND PETITION FOR <br />The undersigned owner(s) of new manufacturing equipment, personal property, located within <br />the City of South Send, hereby petitions the Common Council of the City of South Send for <br />personal property (new manufacturing equipment) tax abatement consideration and pursuant to <br />I.C. - 1,1®12.1, et seo.. and South Send Municipal Code Section 2 4. 2, et_seg., for this petition <br />states the following: <br />Describe the proposed project, including information about the new manufacturing <br />equipment personal property (Aequipment@) 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 value of <br />the project to your business. <br />208,000 SF [Distribution Center for Medical, mental, and Veterinary supplies and products. <br />Racking and conveying equipment to be installed, along with server equipment, cabling, and <br />security equipment. Installation in existing building with total land size of 11.67 acres. The <br />distribution operations are critical to Patterson's business. <br />1 The project will create 50 new, permanent jobs within the first year, representing a <br />new annual payroll of $1.04 million and will maintain 60 existing permanent full -time and 0 <br />existing part -time jobs representing an annual payroll of $1.62 million. The projected <br />annual salaries for each new position created are estimated to be as follows: X20.880.00. <br />3. Estimate the total cost of the Equipment : $8,000.000 - 9 000 000 <br />The Equipment is owned or to be owned by the following individuals or corporations (if <br />the business organization is publicly= held, indicate also the name of the corporate <br />parent, if any, and the name under which the corporation has filed with the Securities <br />and Exchange Commission): <br />INTEREST <br />(b) The following other persons lease, intend to lease, or have an option to buy this <br />Equipment (include corporate information as required In (4)(a) above, if applicable): <br />5. Give a brief description of the overall mature of the business and of the operations <br />occurring at the location for which tax abatement is requested: <br />208,000 S.F. Distribution Center used to distribute medical, dental, and veterinary products. <br />•. Road, - o it IN 46628 <br />(Revised 812102) <br />llWIN =1111 <br />irk <br />
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