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Reconfirming Tax Abatement - McCormick Co
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Reconfirming Tax Abatement - McCormick Co
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Last modified
2/23/2011 12:00:09 PM
Creation date
2/23/2011 12:00:09 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/14/2011
Ord-Res Number
4082-10
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co <br /> McCORMICK&COMPANY INC. �$LOVETON CIRCLE,SPARKS,MD 27152-6000 USA/TEL(410)771-7301 FAX(410)771-7462 <br /> February 3,2011 <br /> To Whom It May Concern: <br /> McCormick and Company would like to request a confirming resolution from the <br /> Common Council to increase the dollar amount approved for their personal property tax <br /> abatement. McCormick is considering increasi�g the size of their investment in personal <br /> property located at 3425 West Lathrop Drive; South Bend, Indiana 46628 from <br /> $1,362,173 to $8,136,599. The total amount of the increase is$6,774,426. <br /> The increase is due to the fact that we are considering moving an existing brand of <br /> products from a co-packer to a company owned facility. The investment would include <br /> additional packaging equipment allowing us,to sort, fill,wrap and palletize plastic bottles <br /> for liquid mazinades. This in-sourcing of manufacturing is expected to create <br /> approximately 14 additional jabs in the state of Indiana with estimated annual salazies of <br /> $483,101. <br /> Thank in advance for your support on this project. If you have questions,please feel free <br /> to contact me at 410-771-73 81. <br /> Sincerely, <br /> ���C��� <br /> Deidre Cassidy <br /> Director of State and Local Tax <br />
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