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19. The Equipment has not been installed as of the date of filing of this petition. <br />(The signature at the end of this Petition is verification of this statement) <br />20. The standard Industrial Classification Manual major group within which the <br />proposed project would be classified, by number and description: <br />SIC # 3443-manufacturing of air pressure tanks <br />21. The Internal Revenue Service Code of Principal Business Activity by which the <br />proposed project would be classified, by number and description: <br />#3440-fabricated structural metal products <br />22. The real property where the Equipment will be installed is located in the <br />following .Allocation Area, if any, declared and confirmed by the South Bend <br />Redevelopment Commission: <br />Hoosier Tank is currently located in the Airport Economic Development <br />Area. <br />23. Other anticipated public financing for the project including, if any, industrial <br />revenue-bonding to be sought or already authorized, assistance through the <br />United States Department of Housing and Urban Development funds from the <br />City of South Bend, Small Business Association Sections 503 and 504 financing <br />through the Business Development Corporation of South Bend, Mishawaka, <br />and St. Joseph County, Indiana; or other public financial assistance, including <br />but not limited to public works improvements. <br />Funding for these projects has been obtained from the Industiral <br />Revolving Fund and Old National Bank. <br />24. Describe how and why the manufacturing equipment to be replaced or the <br />facility in which Equipment will be added is currently technologically, <br />economically or energy obsolete and how and why that obsolescence may lead to <br />a decline in employment and tax revenues: <br />Hoosier Tank is not proposing to replace any equipment. This additional <br />~~i,;=ment will be used to increase production and quality for continued <br />growth. <br />25. The new manufacturing equipment will be used in the direct production, <br />manufacture, fabrication, assembly, extraction, mining, processing, refining, or <br />finishing of other tangible personal property and that the equipment was never <br />before used by its owner for any purpose in Indiana. The signature at the end <br />of this Petition is verification of this statement. <br />(Revised 8/2/02) 4 <br />