Confirming Tax Abatement - 2722 W Tucker Dr. (5yr.pp) Steel Warehouse Co.

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24. Describe how and why the manufacturing equipment to be replaced or the facility in which Equipment will be added is currently technologically, economically or energy obsolete and how and why that obsolescence may lead to a decline in employment and tax revenues: The equipment to be replaced is of a size that limits Petitioner's production on such equipment to a narrow range of products. As a result Petitioner cannot compete for business outside of that range, and could lose additional business of customers seeking to reduce the number of their suppliers. 25. The new manufacturing equipment will be used in the direct production, manufacture, fabrication, assembly, extraction, mining, processing, refining, or finishing of other tangible personal property and that the equipment was never before used by its owner for any purpose in Indiana. The signature at the end of this Petition is verification of this statement. 26. The following person(s) should be contacted as Petitioner's agent regarding additional information and public hearing notifications: Name: Gerald F. Lerman Address: 2722 W. Tucker Drive City, State, Zip Code: South Bend, IN 46619 Telephone: (574) 236-5100 WHEREFORE, Petitioner requests that the Common Council of the City of South Bend, Indiana, adopt a declaratory resolution designating the area described herein to be an economic revitalization area for purposes of tangible personal property tax abatement consideration and after publication of notice and public hearing, determine qualifications for an economic revitalization area have been met, and confirm such resolution. Petitioner herein hereby verifies that the required $250.00 filing fee to cover processing and administrative costs pursuant to Section 2-84.7 of the Municipal Code of the City of South Bend has been paid in full. Name of Property Owner(s): Steel Warehouse Company LLC By; ~..~., ..r,P F .1~..6,.~... (Signed Name) Gerald F. Lerman (Typed or printed name and capacity of signor if signed by an agent or representative of the owner) (tangible personal prop jun 2010) SEP - 3 2010 4 ,lol;rj vco~~E C1TY CLERK, S0. EctID,1~I.