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South Bend Redevelopment Commission <br />Regular Meeting —July 6, 2001 <br />6. NEW BUSINESS (CONT.) <br />L (Continued...) <br />without abatement, would be approximately <br />$18,033. With abatement the taxes would be <br />approximately $6,172. Therefore, the cost of <br />the abatement would be approximately $11,861. <br />Mr. Richard Nelson, MWI, Inc., said their <br />corporate headquarters are located in Rochester, <br />New York. They also have facilities in <br />England, Japan, Oregon, and distributing <br />warehouses scattered all over the United States <br />and Canada. This consolidation will position <br />their company in the heart of the plastics <br />market, which these precision ground graphite <br />planks service. U.P.S. is structured for next day <br />delivery from here to Milwaukee, Wisconsin, to <br />Erie, Pennsylvania, to Northern Kentucky. Next <br />day delivery of this product is important to their <br />customers, typically job shops, who are reacting <br />and need a quick turn around. They are already <br />employing four (4) full -time people, and Mr. <br />Nelson expects they will eventually employ nine <br />(9) to twelve (12) people at this facility. <br />Upon a motion by Mr. Faccenda, seconded by <br />Mr. Kahn and unanimously carried, the <br />Commission approved Resolution No. 1840, an <br />application for personal property tax deduction <br />for property located at 2720 Foundation Drive in <br />the Airport Economic Development Area. <br />(MWI Inc.) <br />c <br />COMMISSION APPROVED RESOLUTION NO. 1840, <br />AN APPLICATION FOR PERSONAL PROPERTY TAX <br />DEDUCTION FOR PROPERTY LOCATED AT 2720 <br />FOUNDATION DRIVE IN THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA. (MWI INC.) <br />