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Confirming Tax Abatement - Hoosier Tank 1710 North Sheridan St. (5 Yr. Personal Property)
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Confirming Tax Abatement - Hoosier Tank 1710 North Sheridan St. (5 Yr. Personal Property)
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Last modified
6/17/2011 12:00:59 PM
Creation date
6/17/2011 9:31:51 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/23/2011
Ord-Res Number
4106-11
Bill Number
11-40
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�S�U T�8�� <br /> o ���li'ii���//�� O <br /> i2OO COUN'1'Y-CITY BUILDING .�., ����� /��a PxoNa 574/235-9371 <br /> U ���� a��� �i ►. Far 574/235-9021 <br /> 22�]W.JEFFERSON BOULEVARD W �� P�ACE�j y <br /> SOUTH BEND,Irrour�a 46601-1830 '�� M\� ���'�`��'''aZ � TDD 574/235-5567 <br /> 1865 <br /> CITY OF SOUTH BEND STEPHEN J. LUECKE,MAYOR <br /> COMMUI�TITY S� ECONOMIC DEUELOPMENT <br /> ,JEFFREY V. GIBNEY <br /> April 18� 2�1 1 �ECUTIVE 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: Personal 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 personal <br /> property tax abatement petition for the above-referenced petitioner. Also attached is a copy of the petition, <br /> Statement of Benefits form,and supporting information.The project calls for the for the construction of an <br /> addition to their existing building and the purchase of equipment to set up a new production line all to be <br /> located at 1710 North Sheridan Street. <br /> The report contains the Department's findings relative to the above petition. The Petitioner,Hoosier Tank <br /> and Manufacturing,Incorporated,proposes to construct a 70 X 290 foot addition to their existing building <br /> and install equipment for a new production line. The total cost for the equipment is estimated at$1,175,000. <br /> The project meets the qualifications for a five-year personal property tax abatement. A representative ofthe <br /> 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 /> �d� � / <br /> t�ln �`J� .-�'„�'L/ <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 /> Don Inks <br /> COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL LC PROGRAM <br /> PA�IELA C.MEYER DONALD E.INKS MANAGEMENT <br /> 574/235-9660 574/235-9371 EtivaeTH LaoN,�xxD <br /> Fax: 574/235-9697 574/235-9371 <br />
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