Confirming Tax Abatement - 1400 W Riverside Dr. (5yr.pp) Steel Warehouse

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Petitioner now and in the past has maintained a policy of hiring and promoting without discrimination with respect to race, creed, color or gender. The number of minority full-time employees of Petitioner for the years 2005-2009 is as follows: 2005129 minorities out of 457 total 2006128 minorities out of 445 total 2007129 minorities out of 458 total 2008131 minorities out of 506 total 2009 99 minorities out of 419 total 15. Describe on-site child care or day care facilities, services or benefits currently offered or proposed to be offered by the Petitioner for children of employees. None 16. What is your best estimate of the market value of the new Equipment after installation? $2,400,000 to $3,000,000 17. What is your best estimate of the amount of taxes to be abated during each of the five years after installation? Yr1: $33,600 to $42,000; Yr2: $37,632 to $47,040; Yr3: $21,168 to $26,460; Yr4: $10,752 to $13,440; YrS: $5,040 to $6,300 18. What is the commitment your firm will make to minority employment during the five years of tax abatement? Petitioner will continue to hire qualified applicants without regard to race, creed, color or gender. 19. The Equipment has not been installed as of the date of filing of this petition. (The signature at the end of this Petition is verification of this statement) 20. The standard Industrial Classification Manual major group within which the proposed project would be classified, by number and description: Major Group 33: Primary Metal Industries 21. The Internal Revenue Service Code of Principal Business Activity by which the proposed project would be classified, by number and description: 5050 22. The real property where the Equipment will be installed is located in the following Allocation Area, if any, declared and confirmed by the South Bend Redevelopment Commission: 23. Other anticipated public financing for the project including, if any, industrial revenue- bonding to be sought or already authorized, assistance through the United Stated Department of Housing and Urban Development funds from the City of South Bend, Small Business Association Sections 503 and 504 financing through the Business Development Corporation of South Bend, Mishawaka, and St. Joseph County, Indiana; or other public financial assistance, including but not limited to public works improvements. Petitioner may seek job training assistance for some of the additional personnel to be hired. 3