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Confirming Tax Abatement - South Bend Gear, LLC 3849 Showerlux Dr. (5 Yr. Personal Property)
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Confirming Tax Abatement - South Bend Gear, LLC 3849 Showerlux Dr. (5 Yr. Personal Property)
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3/9/2011 11:45:42 AM
Creation date
3/9/2011 11:45:41 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/28/2011
Ord-Res Number
4085-11
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21. The Internal Revenue Service Code of Principal Business Activity by which the <br /> proposed project would be classified, by number and description: <br /> 3566— Speed changers, industrial high-speed drives and gears. <br /> 22. The real property where the Equipment will be installed is located in the <br /> following Allocation Area, if any, declared and confirmed by the South Bend <br /> Redevelopment Commission: <br /> Airuort Eco�omic Development Area <br /> 23. Other anticipated public financing for the project including, if any, industrial <br /> revenue-bonding to be sought or already authorized, assistance through the <br /> United States Department of Housing and Urban Development funds from the <br /> City of South Bend, Small Business Association Sections 503 and 504 financing <br /> through the Business Development Corporation of South Bend, Mishawal�a, <br /> and St. Joseph County, Indiana; or other public financial assistance, including <br /> but not limited to public works improvements. <br /> None <br /> 24. Describe how and why the manufacturing equipment to be replaced or the <br /> facility in which Equipment will be added is currently technologically, <br /> economically or energy obsolete and how and why that obsolescence may lead to <br /> a decline in employment and tax revenues: <br /> New equipment for a new customer pro�ram. <br /> 25. The new manufacturing equipment will be used in the direct production, <br /> manufacture, fabrication, assembly, extraction, mining, processing, refi�ing, or <br /> finishing of other tangible personal property and that the equipment was never <br /> before used by its owner for any purpose in Indiana. The signature at the end <br /> of this Petition is verification of this statement. <br /> 26. The following person(s) should be contacted as Petitioner=s agent regarding <br /> additional information and public hearing notifications: <br /> (Revised 8/2/02) 4 <br />
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