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Confirming Tax Abatement - Hoosier Tank 1710 North Sheridan St. (7 Yr. Real Property)
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Confirming Tax Abatement - Hoosier Tank 1710 North Sheridan St. (7 Yr. Real Property)
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Last modified
6/17/2011 11:58:44 AM
Creation date
6/17/2011 9:25:49 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/23/2011
Ord-Res Number
4105-11
Bill Number
11-39
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(a) The real property for which tax abatement consideration is petitioned(Property)is owned or to <br /> be owned by the following individuals or corporations(if the business organization is publicly held, <br /> indicate also the name of the corporate parent,if any,and the name under which the corporation has <br /> filed with the Securities and Exchange Commission): <br /> NAME ADDRESS INTEREST(%) <br /> Kinnucan Family LLC 51930 Juniper Road, South Bend, IN 46637 100% <br /> (b) The following other person(s) lease, intend to lease, or have an option to buy the Property <br /> (include corporate information as required in 5(a) above, if applicable); <br /> NAME ADDRESS �(%) <br /> Hoosier Tank 1710 N. Sheridan South Bend, IN 46628 <br /> 6. The commonly known address of the Property is: <br /> 1710 N. Sheridan South Bend, IN 46628 <br /> 7. The Key Number(s) of said property is: <br /> 018-2184-693803 <br /> 8. A legal description of the above address is attached hereto, marked AExhibit <br /> A,@ and incorporated herein. <br /> 9. A map and/or plat describing the Property is attached hereto, marked AExhibit <br /> B,@ and incorporated herein. <br /> 10. Photographs of the property, taken within finro (2)weeks of filing of this petition, <br /> are attached hereto, marked AExhibit C,c� and incorporated herein. <br /> 11. The redevelopment or rehabilitation project itself will create 15 full-time <br /> and part-time permanent jobs within the first year, representing a new <br /> annual payroll of$ 600,000 and will maintain 72 existing <br /> permanent full-time and existing permanent part-time jobs including <br /> existing permanent full-time minority employment of 22 and existing <br /> permanent part-time minority employment of with an annual payroll of <br /> $ 750.000 , <br /> 12. The projected annual salaries for each new position indicated above are <br /> 2 <br /> (Rev 12/29/06) <br />
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