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®CITY OF SOUTH BEND i OFFICE OF THE CLERK <br /> Mr. Doolittle replied, It will be a net job increase in South Bend but we anticipate to increase <br /> employment. <br /> Committee Chair Ferlic followed up, And what is the total amount being invested into capital <br /> projects? <br /> Mr. Doolittle replied, It is $3.7 million and $3.9 million for other things. Also mentioned was the <br /> level of pay for these employees. In-house employees will start around fifteen or eighteen dollars <br /> an hour($15/hr. or$18/hr.) and it goes up to twice as much as that. <br /> Councilmember Jo M. Broden asked, What is your current location in Mishawaka? <br /> Mr. Doolittle replied, It is in the I&M Industrial park off of Jefferson. <br /> Councilmember Broden followed up, And then within your petition for incentives, it says, <br /> `...Shambaugh plans to occupy an initial 13,500 square feet.' The word initial is used. Is this kind <br /> of the first (1")? <br /> Mr. Dootlittle replied, Well there is room on the site to expand. <br /> Committeemember Broden then asked, Can you explain the real and personal property tax section <br /> of your petition? <br /> Mr. Doolittle replied, The only real property tax would be on the land. I can't tell you what that <br /> might be off the top of my head. <br /> Committee Chair Ferlic then opened the floor to members of the public wishing to speak in favor <br /> of or in opposition to the legislation. <br /> Bill Dunn, 1620 Southwood Avenue, stated, I just had one (1) question on the anticipated wages. <br /> The report from Community Investment shows that the $425,000 annual salaries are for the <br /> twenty-five (25)people. The problem is, with my math, that came out to be about ten dollars and <br /> ten cents an hour ($10.10/hr.). And yet, later on in the application, it does say the salary range is <br /> $30,000 to $110,000. I'm just throwing that out there and I want to be sure the report from DCI is <br /> in-sync with the application. <br /> Committee Chair Ferlic then gave the floor to the presenters for rebuttal. <br /> Mr. Doolittle stated, There was a typographical error in the original application and we changed <br /> that prior to the deadline. It is, in fact, the $30,000 to $110,000 that is projected. <br /> Committeemember Williams-Preston made a motion to send Bill No. 18-37 to the full Council <br /> with no recommendation. Committeemember Davis seconded this motion which carried by a voice <br /> vote of three (3) ayes. <br /> With no further business, Committee Chair Ferlic adjourned the Community Investment <br /> Committee meeting at 3:08 p.m. <br /> Respectfully Submitted, <br /> Gavin Ferlic, Committee Chair <br /> EXCELLENCE I ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT <br /> 455 County-City Building 227W Jefferson Bvld I South Bend,Indiana 466011 p 574.235.9221 1`574.235.9173 ITTD 574.235.5567 lwww.southbendin.gov <br /> 2 <br />