01-09-12 Council Agenda & Packet

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CiTY OF SOUTH BEND PETITION FOR TANGIBLE PERSONAL PROPERTY TAX ABATEMENT-CONSIDERATION The undersigned owner(s) of new manufacturing equipment, personal property, located within the City of South Bend, hereby petitions the Common Council of the City of South Bend for personal property (new manufacturing equipment)tax abatement consideration and pursuant to I.C. 6-I.1-12.1, et. sea., and South Bend Municipal Code Section 2.84-2, et—seq., for this position states the following: 1. Describe the proposed project, including information about the new manufacturing equipment personal property ("Equipment") to be installed, the amount of land to be used, if any, the proposed use of the equipment, and a general statement as to the value of the project to your business. The project involves acquisition of manufacturing and material handling equipment and construction of an addition to an existing facility of approximately 20,000 square feet of space to house the equipment. The total cast of the project, including the cost of updating the main electrical power distribution switch gear, including primary and secondary feed runs, as well as installation of the new dock leveler, is expected to cast from$2,650,000 to$4,150,000. The project will enable Petitioner to expand its manufacturing base, improve the efficiency of its material handling systems, and increase overall efficiency and productivity of its operations. 2. The project will: (a) create 10 permanent, full-time and permanent, part-time jobs within the first year, representing a new annual payroll of$314,000; and (b) maintain 20 existing, permanent, full-time and existing, permanent, part-time jobs representing an annual payroll of$653,793 for existing employees. 3. Provide current wage information for existing employees including: base rate, cast-of-living allowances, hazardous-duty pay, incentive pay including commissions and production bonuses, on-call pay and tips (please show average hourly rate or range). Do Not Include: back pay,jury duty pay, overtime pay, severance pay, shift differentials, non-production bonuses, and tuition reimbursements. Positions Full-time$ Part-time$ Laborers and Material Handlers $14.981hr. Machine Operators $15.721hr. Managerial $32.411hr. $11.00 1hr. Administration, Sales, IT and Quality $20.041hr. $. 1.00/hr. 4. The projected annual salary for each new position indicated in item 2 above is estimated to be as follows (Please attach a separate sheet if more space is needed): POSITION EMPLOYMENT WAGE Machine Operator $31,200 Laborers (including crone operators and material handlers) $30,118