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Confirming Tax Abatement - 2629 Foundation Drive - Value Production, Inc.
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Confirming Tax Abatement - 2629 Foundation Drive - Value Production, Inc.
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Last modified
1/23/2008 9:33:07 AM
Creation date
1/2/2008 9:03:11 AM
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Template:
City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
11/27/2006
Ord-Res Number
3669-06
Bill Number
06-126
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CITY OF SOUTH BEND PETITION FOR <br />TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION <br />The undersigned owner(s) of new manufacturing equipment, personal property, located <br />within the City of South Bend, hereby petitions the Common Council of the City of South <br />Bend for personal property (new manufacturing equipment) tax abatement consideration <br />and pursuant to I.C., 6-1.1-12.1, etet sea•,• and South Bend Municipal Code Section 2-84.2, <br />et se for this petition states the following: <br />1: Describe the proposed project, including information about the new manufacturing <br />equipment personal property ("equipment") to be installed, the amount of land to be <br />-used, if any, the proposed use of the equipment, and a~ general statement as to the <br />value of the project to your business. <br />2. The project will create 5 new, permanent jobs within the first year, representing <br />a new annual payroll of $ Zoo, ~ - and will maintain existing permanent <br />full-time and ~ ~-~- existing part-time jobs representing an annual payroll of <br />$ ~~ 5~ c~ - The projected annual salaries for each new position created are <br />estimated to be as follows: <br />3. Estimate the total cost of the Equipment: ~ 5 d ° ~ C~'~ - <br />4. (a) The Equipment is owned or to be owned by the following individuals or <br />corporations (if the business organization is publicly' held, indicate also the name <br />of the corporate parent, if any, and the name under which the corporation has filed <br />with the Securities and Exchange Commission): <br />NAME ADDRESS ~ INTEREST <br />J ~"~~.~ ~ ~"~ ~ h, L ~ l,tS`I`~ 1 ~ ('~ L ~ ~ 6 ~ ~~ ~K ~ Lfi~ 1l +~ ~ ~ G <br />
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