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Confirming Tax Abatement - G.H.S. Corporation d/b/s Strings 6879 Enterprise Dr. (5 Yr. Personal Property)
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Confirming Tax Abatement - G.H.S. Corporation d/b/s Strings 6879 Enterprise Dr. (5 Yr. Personal Property)
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1/18/2011 3:56:59 PM
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1/18/2011 3:56:58 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/10/2011
Ord-Res Number
4072-11
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Year Estimated Dollar Amount <br />1 $8,400 <br />2 $9,400 <br />3 $5,300 <br />4 $2,700 <br />5 $1,200 <br />18. What is the commitment your firm will make to minority employment during the five years <br />of tax abatement? <br />Petitioner. is an equal opportunity employer with a focus on attractine, hiring and retainin <br />qualified employees. In addition, Petitioner is committed to following measures during <br />next five bears to attract minority candidates to apply for positions at GHS. Rather than <br />relying on walk-in traffic for the applicant pool, Petitioner will use local emplo. <br />agencies to attract candidates, including minority candidates. <br />19. The Equipment has not been installed as of the date of filing of this petition. The signature at <br />the end of this Petition is verification of this statement. <br />20. The standard Industrial Classification Manual major group within which the proposed project <br />would be classified, by number and description: 332618 (Other Fabricated Wire Product <br />Manufacturing) <br />21. The Internal Revenue Service Code of Principal Business Activity by which the proposed <br />project would be classified, by number and description: Manufacturing <br />22. The real property where the Equipment will be installed is located in the following <br />Allocation Area, if any, declared and confirmed by the South Bend Redevelopment <br />Commission: <br />Airport Economic Development Area <br />23. Other anticipated public financing for the project including, if any, industrial revenue- <br />bonding to besought oralready authorized, assistance through the United States Department <br />of Housing and Urban Development funds from the City of South Bend, Small Business <br />Association Sections 503 and 504 financing through the Business Development Corporation <br />of South Bend, Mishawaka, and the -St. Joseph County, Indiana; or other public financial <br />assistance, including but not limited to public works improvements. <br />24. Describe how and why the manufacturing equipment to be replaced or the facility in which <br />Equipment will be added is currently technologically, economically or energy obsolete and <br />how and why that obsolescence may lead to a decline in employment and tax revenues: <br />
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