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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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SpU TH 8,�, <br /> 04 �\'li��i�i�l���'1'O <br /> IZOO COUNTY-CITY BUILDING �.�r ��� /�� a PxorrE 574/235-9371 <br /> � Q� �\ ��i ii ..� <br /> 22]W.JEFFERSON BOULEVARD W �� P�,A�E/� � a F�vc 574/235-9021 <br /> SOUTH BEND,IrrDUrrn 46601-1830 '� \� ���', ,aZ TDD 574/235-5567 <br /> � � <br /> � ■ <br /> 1865 <br /> CITY OF SOUTH BEND STEPHEN J. LUECKE,MAYOR <br /> COMMUI�TITY � ECONOMIC DEVELOPMENT <br /> JEFFREY V. GIBNEY <br /> April 18� 2�1 1 �CUTIVE 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, IN 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 /> ���� ��j <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 /> 7l,.�., T...7.,. <br /> COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL�PROGRAM , <br /> PAMELA C.MEYEA DONALD E.INKS MANAGEMF.NT <br /> 574l235-96G0 574/235-9371 E�iznaerH LEOrrna� <br /> Fax: 574/235-9697 574J235-9371 <br />
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