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Confirming Tax Abatement - 2629 Foundation Dr., Value Production 5( Yrs.) Personal Property
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Confirming Tax Abatement - 2629 Foundation Dr., Value Production 5( Yrs.) Personal Property
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Last modified
6/30/2010 3:37:50 PM
Creation date
6/30/2010 3:37:49 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/24/2010
Ord-Res Number
4032-10
Bill Number
10-27
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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 the <br />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 seg•' and South Bend <br />Municipal Code Section 2-84.2, et seq.' 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, the <br />amount of land to be used, if any, the proposed use of the equipment, and a <br />general statement a tIO_ the valuep~of the project to your business. ~}- I <br />~e~ CsJV..~~~ ~S 2^^-c~V ~e.p~ 1~S v~ ~~~ ~~ c '~'L ~~ l C cv~5 ~ <br />~ sw ass l~,tlti-~ 2 -~~z~~ ~~.,• ,(J 1.,~. ~ .~~,{.~s <br />tnL~- nail (D~~ P~ ~~ wt ~ A O~-~ ~ 2.~..`~'~l~~.l D _e h~ V V`4 ~. QJv~ u Ln.~ _ <br />2. The project will create ~-t- new, permanent jobs within the first year, <br />representing a new annual payroll of $ l 2~~ ~ ~o and will maintain <br />z 3 existing permanent full-time and 1 existing part-time jobs <br />representing an annual payroll of $ I,oQocp , ro .The projected annual salaries <br />for each new osition created are estimated to be as follows: <br />3. Estimate the total cost of the Equipment: ~ I ~ S GU , o W _ <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 <br />name of the corporate parent, if any, and the name under which the <br />corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST <br />y~~w~ ~~~~~-cco~~ ~N~. Z67-1Fa.,.r.,~~t~t~,,J ~•S•B,~~k66~d (GO ~~ <br />(Revised 8/2/02) 1 <br />
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