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HomeMy WebLinkAboutReconfirming Tax Abatement - Stanz FoodService, Inc. (5yr.PP)RESOLUTION 4070-10 Passed by the Common Council of the City of South Bend, Indiana December 13, 20 10 Attest: City Clerk President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana December 14, 20 10 Approved and signed by me 1.1~ ~ S~ 20~ . City Clerk '•°7~ RESOLUTION NO. ~ ~~ -~D A RESOLUTION RECONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, TO BE AN ECONOMIC REVITALIZATION-AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR STANZ FOODSERVICE, INC. DESIGNATING ADDITIONAL PROPERTY OWNERS AS FOLLOWS: STANZ REALTY CO., LLP And STANZ CHEESE CO., INC. WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, the Common Council of the City of South Bend, Indiana, adopted a Confirmatory Resolution, No. 3896-08, confirming the designation that certain areas within the City be an Economic Revitalization Area for the purpose of tax abatement consideration; and WHEREAS, the petitioner subsequent to adoption of the Confirming Resolution financed the intended personal property through two other operating entities: Stanz Realty Co., LLP (whose mailing address is P.O. Box 24, South Bend, IN 46624) and Stanz Cheese Co., Inc. (whose mailing address is 1840 N. commerce Dr., South Bend, IN 46628); and WHEREAS, Stanz Realty Co., LLP and Stanz Cheese Co., Inc. are doing business as (dba) Stanz Foodservice, Inc.; and WHEREAS, Stanz Foodservice, Inc., Stanz Realty Co., LLP and Stanz Cheese Co., Inc. are wholly owned by the same three individuals; and WHEREAS, the personal property acquired is the same as what was originally contemplated in the original Statement of Benefits and tax abatement petition; and WHEREAS, the goals and objectives originally set out in the petition remain the same and the location of the personal property is the same as stated in the petition which is 1840 North Commerce Drive, South Bend, Indiana; and WHEREAS, due to accounting restrictions and tax laws Stanz Realty Co., LLP and Stanz Cheese Co., Inc. must each and individually account for and pay property taxes on the personal property they financed; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Personal property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owners are qualified for and are granted Personal property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et sea. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. Member of the Common Council t~o~ ~~r ~ov~~ ADOPTE!? "~"Q.-l 3 ~L~ ~~~~~.~^v?, i~tlY~P OIOZ Z_~~~ TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 10-67 A RESOLUTION RECONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR STANZ FOODSERVICE, INC. DESIGNATING ADDITIONAL PROPERTY OWNERS AS FOLLOWS: STANZ REALTY CO., LLP AND STANZ CHEESE CO., INC. Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Ann Puzzello Chairperson, Committee of the Whole 1200 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT JEFFREY V. GIBNEY EXECUTIVE DIRECTOR November 16, 2010 Council Member Timothy Rouse, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Personal Property Tax Abatement Petition for: STANZ FOODSERVICE, INC. Dear Council Member Rouse: On August 25, 2008, through Confirming Resolution Number 3896-08, the Common Council approved a personal property tax abatement for Stanz Foodservice, Incorporated. Stanz Foodservice is located at 1840 North Commerce Drive. After the resolution was approved the company completed the acquisition and installation of the equipment covered by the tax abatement. However, ownership of the personal property was divided between two other entities: Stanz Realty Co., LLP (mailing address: P.O. Box 24, South Bend, IN 46624) and Stanz Cheese Co, Inc. (mailing address: 1840 N Commerce Dr., South Bend, IN 46628). Those two entities financed the acquisition of the equipment covered by the tax abatement. The two entities operate and do business as (dba) Stanz Foodservice, Incorporated. Upon completion of the project the two entities submitted deduction application forms (Form 103 -ERA) in their own names to the St. Joseph County Assessor's Office. The Assessor's Office cannot process the forms because the Confirming Resolution is in the name of Stanz Foodservice, Inc. Stanz Realty Co., LLP and Stanz Cheese Co., Inc are doing business as Stanz Foodservice, Inc. All three entities are owned by the same three individuals, Ms. Shirley Geraghty, Mr. Mark Harman, and Mrs. Wendy Gilliam. Due to accounting restrictions Stanz Realty and Stanz Cheese must submit the deduction applications for the personal property they actually financed and own. The kinds of personal property acquired are the same as contemplated in the original Statement of Benefits (SB-1) and the tax abatement petition. The property is located at 1840 North Commerce Drive as originally called for in the petition. The goals and objectives originally set out in the petition remain the same. Ownership of the three entities remains the same as when the original Confirming Resolution was approved. The Common Council is requested to adopt a Reconfirming Resolution to include Stanz Realty Co., LLP and Stanz Cheese Co, Inc. as entities eligible to receive the benefits under the above referenced COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM PAAIELA C. MEYER DONALD E. INKS MANAGEMENT 574/235-9660 574/235-9371 ELIZAeETH LEONARD FAX: 5741235-9697 574/235-9371 South Bend Common Council RE: Tax abatement for Stanz Foodservice, Inc. November 16, 2010 Page 2 tax abatement. I have included a copy of the original staff report and petition for reference. The petitioner has submitted a new Statement of Benefits form and a copy of that is attached. I have consulted with the Council's attorney and the Assessor's Office to insure that there are no concerns with the proposed Reconfirming Resolution and found none. A representative of the Petitioner will be available to meet with the Committee on Monday, December 13, 2010. Should you or any of the other Council members have any questions concerning this report, or need additional information, please feel free to call me at 235-5835. Sincerely, ~~~ / Bob Mathia Assistant Director, Economic Development Attachments cc: South Bend Common Council Members Mayor Stephen Luecke Jeff Gibney Don Inks a~Af~ ~S'1 ~~~~i'~'~' "a/11771~ -~~^' DEC `'- 210 CITY CL t`^! b~0~ uF ;~, I"I. 1200 CGLiN'IY-~,ITY BUfLDNG 227 W JEFFERSON 130L'LEVAR[) $OU'fli BEND, INDIANA 46601-1830 PrroNE 574/ 235-9371 F,ti~c 574/ 235-90Z 1 'I'DD 574/235-5567 CI'CY OF SOU"I'H BEND STEPHEN J. LUECI:E, MAYOR COMMUNITY SL ECONOMIC DEVELOPMENT -JEFFREY V. GIBNEY EXECUTIVE DIRECTOR July 10, 2008 Council Member Derek D. Dieter, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Personal Property Tax Abatement Petition for: Stanz Foodservice, Inc. Dear Council Member Dieter: Please find attached the Department of Community & Economic Development's report on a personal property tax abatement petition for the above-referenced petitioner. Also attached is a copy of the petition, Statement of Benefits form, and supporting information. The purposed project consists of the acquisition and installation of new logistical distribution and information technology equipment, including without limitation, warehouse racking systems, fork lifts, pallet movement mechanisms, GPS monitoring and tracking systems and related systems for use in Stanz's full line food service distribution business. The business is located at 1840 North Commerce Drive. The report contains the Department's findings relative to the above petition. The entire cost for the proposed project is estimated between $300,000 to $700,000 for logistical distribution equipment and between $50,000 and $150,000 for information technology equipment. The project meets the qualifications fora (5) five-year personal property tax abatement and a representative from Stanz Foodservice will be available to meet with the Committee on Monday, July 28, 2008. Should you or any of the other Council members have any questions concerning the report, or need additional information, please feel free to call me at 235-5835. Sincerely, Bob Mathia Assistant Director, Economic Development Attachments cc: South Bend Common Council Members Mayor Stephen Luecke Jeff Gibney inn Tnkc COMMUNCCY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL. 8C PROGRAM Pr~MELA C. MEYFR l~oti:aLn E. INr, MANA<;GhIEN'I' 5?4/235-9660 i74l2g5-'1371 F.uz~BE~rt~ L.EO"lA2D FAX: 574!335-9697 5?4/_'i5-9,171 1200 Col/Nn~-Cnv BUILDING 227 W. JEFFERSON BOULEIARD $OUTIi BEND, INDIANA 46601-1830 PHONE 574/ 235-9371 FAx 574/ 235-9021 TDD 574/ 235-5567 CII~' ()F SnUTIi BEND STEPFIEN J. I.CIEC;KE, ;VI,aV().t COMMUNITY HL ECONOMIC DEVELOPMENT JEFFREY V. GIBNEY EXECUTIVE DIRECTOR TAX ABATEMENT REPORT TO: .SOUTH BEND COMMON COUNCIL FROM: BOB MATHIA SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: STANZ FOODSERVICE, INC. DATE: July 10, 2008 On July 8, 2008, a petition for personal property tax abatement consideration for property located at 1840 North Commerce Drive was filed with the City Clerk by Stanz Foodservice, Incorporated. Pursuant to Chapter 2, Article 6, Section 2-84.2 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Community and Economic Development for purposes of investigation and preparation of a report determining whether the area qualifies as an Economic Revitalization Area pursuant to I.C.6-I.I-12.1 and whether all zoning requirements have been met. The Department of Community and Economic Development has reviewed the petition (a copy of which is attached), investigated the area, and makes the following report. PROJECT SUMMARY Stanz Foodservice is a full-line, food service distribution business. Stanz uses its warehouse and distribution facility to store dry, refrigerated, and frozen goods to facilitate the transfer and delivery of such goods to customers throughout Northern Indiana and Southern Michigan. The purposed project consists of the acquisition and installation of new logistical distribution and information technology equipment, including without limitation, warehouse racking systems, fork lifts, pallet movement mechanisms, GPS monitoring and tracking systems and related systems for use in Stanz's full line food service distribution business. This equipment will complement Stanz's investment in real estate improvements and its commitment to growing its distribution headquarters and business in south Bend. The entire cost for the proposed project is estimated between $300;000 to $700,000 for logistical distribution equipment and between $50,000 and $ 150,000 for information technology equipment. COMMUNFPY DEVELOPMENT ECONOMIC DLVELOPMEAI"C FINANCIAL SC PROG>UaM PT~b1ELA (... ~4 E1'62 UON,ILD G. lutie l~'I A.NAC EM ENT 574/215-9000 574/235-93'1 ELIZ~(I+er~i LEC~~~Rn Pns: 574/231-9697 574/235-9.3'71 South Bend Common Council RE: Tax Abatement for Stanz Foodservice, Incorporated July 10, 2008 Page 2 Total taxes to be abated during the (5) five-year abatement period are estimated at $ (~i tl9 *. Total taxes to be paid during the (5) five-year abatement period are estimated at $i~dJ~z~ *. EMPLOYMENT IMPACT Per the petition, it is estimated that the project, by itself, will not create additional full-time and part-time permanent jobs within the first year of the project, but will enable Stanz to maintain 162 existing permanent full-time jobs and 9 existing permanent part-time jobs with an annual payroll of $7,251,439, including existing permanent full-time minority employment of 12 positions. ABATEMENT QUALIFICATION A review of the tax abatements previously granted finds that the petitioner has been granted or associated with two (2) previous tax abatements and has one pending from last year. Term/Type Resolution No. Date 7-year real property pending 5-year real property 3463-OS 5/23/2005 5-year real property 1301-85 6/24/1985 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the property is located in the Airport Economic Development Area, which is a Tax Incremental Allocation Area; therefore, the petition for personal property tax deduction must first be approved by the South Bend Redevelopment Commission. 4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner meets the qualifications fora (5) five-year personal property tax abatement under Section 2-84.2, Tangible Personal Property Tax Abatement. *All of the information required to calculate the estimated amount of taxes to be abated and paid was not available in time to meet the deadline for submitting this report. The estimates will be provided at the Community and Economic Development Committee meeting on July 28, 2008. * * This petition was approved by the Redevelopment Commission by Resolution No. 2327 on Apri120, 2007. The Declaratory Resolution (No. 3740-07) was approved by the Common Councill 23, 2007. ~6~^4.4 ~i3 ~c.~r, p EC ?- 20 i0 qtr r .v ..._.,`. 4 ~2~, i;l.~-