Laserfiche WebLink
1200 CouNTY -CITY Bmowc, <br />227 W JEFFERSON BouLEVARCJ <br />SOUTH BEND, INDLANA 46601 -1830 <br />PHONE 5741235 -9371 <br />FAx 574/235 -9021 <br />TDD 5741235 -5567 <br />CITY OF SOUTH MEND STEPHEN J. LuECKE, MAYOR <br />COMMuNrTY cONOMIC E�IELOPMENT <br />JEFFREY V. GIBNE'Y <br />April 18, 2011 EXrCUTLE DIRECTOR <br />Council Member Timothy Rouse, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, 1N 46601 <br />RE: Commercial Real Property Tax Abatement Petition for: <br />HOOSIER TANK AND MANUFACTURING, INCORPORATED <br />Dear Council Member Rouse: <br />Please find attached the Department of Community & Economic Development's report on a <br />commercial real property tax abatement petition for the above- referenced Petitioner for the <br />construction of an addition to their existing building and the purchase of equipment to set up a new <br />production line all to be located at 1710 North Sheridan Street. Also attached is a copy of the <br />petition, Statement of Benefits form, and supporting information. <br />The report contains the Department's findings relative to the above petition. The Petitioner, Hoosier <br />Tank and Manufacturing, proposes to construct a 70 X 290 foot addition to their existing building <br />and install equipment for a new production line. The cost of the addition is estimated at $760,000. <br />The Petitioner is seeking a seven -year real property tax abatement for the addition. A representative <br />of the Petitioner will be available to meet with the Committee on Monday, May 9, 2011. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235 -5835. <br />Sincerely, <br />Bob Mathia <br />Assistant Director, <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeff Gibney <br />Dan inks <br />CommuNrry DEVELOPMENT ECONOMic DEVELOPMENT FLNANCLIL & PROGRAM <br />PAMELA C. MEYER DONhW E. INKS MANAGEMENT <br />5741235 -9660 574/235 -9371 ELIzAaETR LEONARD <br />FAX: 574!235 -9697 5741235 -9371 <br />