Laserfiche WebLink
19. The Equipment has not been installed as of the date of filing of this petition. <br /> (The signature at the end of this Petition is verification of this statement) <br /> 20. The standard Industrial Classification Manual major group within which the <br /> proposed project would be classi�ed, by number and description: <br /> SIC #3443 manufacturer of air pressure tanks <br /> 21. The Internal Revenue Service Code of Principal Business Activity by which the <br /> proposed project would be classified, by number and description: <br /> #3440 fabricated structural metal products <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 /> Hoosier Tank is located in the Airport Economic 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, Mishawaka, <br /> and St. Joseph County, Indiana; or other public financial assistance, including <br /> but not limited to public works improvements. <br /> Old National Bank and the SBA <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 /> Hoosier Tank is not proposin� to replace an�quipment. The additional equipment <br /> will be used to increase our production and quality for continued growth. <br /> 25. The new manufacturing equipment will be used in the direct production, <br /> manufacture, fabrication, assembly, extraction, mining, processing, refining, 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 /> (Revised 8/2/02) 4 <br />