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01-09-12 Council Agenda & Packet
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01-09-12 Council Agenda & Packet
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1200 COUNTY-Cr1YBUILDING � \\ � PHONE 574/235-9371 <br /> 227 W f FFFFRSON BOULEVARD U \` �\ 'r. i/ d FAX 574/235-9021 <br /> SOUTH BEND,INIDLAINA 4660 1-1 830 <br /> 1865 <br /> CITY OF SOUTH BEND S"T"EPHEN J. LUECKE•, MAYOR <br /> COMMUNITY ECONOMIC EVELOPMEN'T' <br /> ,JEFFREY V. GIBNEY <br /> EXECUTivh DIRECTOR <br /> TAX ABA T"E1VIENT'REPORT' <br /> TO: SOUTH BEND COMMON COUNCIL <br /> FROM: MATTHEW SIKORA <br /> SUBJECT. PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: <br /> STEEL WAREHOUSE COMPANY LLC (1400 West Riverside Drive) <br /> DATE: December 22, 2011 <br /> On December 2, 2010, a petition for personal property tax abatement consideration for property <br /> located at 1400 West Riverside Drive was filed with the City Clerk by Steel Warehouse Company <br /> LLC. Pursuant to Chapter 2, Article 6, Section 2-84.2 of the Municipal Code of the City of South <br /> Bend, this petition was referred to the Department of Community and Economic Development for <br /> purposes of investigation and preparation of a report determining whether the area qualifies as an <br /> Economic Revitalization Area pursuant to I.C.6-1.1-12.1 and whether all zoning requirements have <br /> been met. <br /> The Department of Community and Economic Development has reviewed the petition,investigated <br /> the area, and makes the following report. <br /> PROJECT SUMMARY <br /> Steel Warehouse Company LLC is a steel service center with a primary focus on flat rolled, low <br /> carbon steel. Its operations involve slitting, leveling, pickling, shearing, temper rolling and cold <br /> reducing. It also manufactures and supplies profiling parts using its plasma and laser cutting <br /> operations. The proposed project — the acquisition of manufacturing and material handling <br /> equipment—will enable Steel Warehouse Company LLC to accommodate the increasing demand of <br /> its customers for prefabrication parts. <br /> COMMUNITY DEVELOPMENT ECONOMrc DEVELOPMENT FINANCIAL&PROGRAM <br /> PAMELA C.MEYER DONAix E-INKS MANAGEMENT <br /> 5741235-9660 574/235-9371 ELIZADETH LEONARD <br /> FAX: 5741235-9469 574!2,35-9371 <br />
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