Confirming Tax Abatement - 3605 West Cleveland Road - Federal Mogul Powertrain, Inc.

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13. List the real and personal property taxes paid at the location during the previous five years, whether paid by the current owner or a previous owner; YEAR REAP. PROPERTY TAXES PERSaNAL ~'RQl'ERTY TAKES 2005 Pay 2006 $237,382 $729,204 2004 Pay 2005 $229,746 $587,701 2003 Pay 2004 $217,696 $473,927 2002 Pay Zoos $190,468 _ $467,039 2ooi Pay 2002 $236,211 $781,341 (This information may be obtained from the 5t. roseph County Treasurers office 235-9531) 14. Describe the commitment made within the past five years by~ your firm to hiring minority individuals, including number of minorities employed during each of the past f ve years, ~ specifying whether full time ar part-time and whether permanent ar temporary employees. The Petitioner shall also list the current number of total employees (full and part-time) and the current number of minority individuals (fu11 and part-time). Federal-Mogul Powertrain, Inc. will continue to comply with the Equal Employment Opportunity Commission. We will continue to be actively involved with the Indiana Department of Training Service and On The Job Training (OJT) program. Current total employees (full and part-time) is 62 out of 500 as of 12/31/05. Current number of minority individuals (full and part-time) is 57 out of 460 ro'ected as of 12/31/06. 15 . Describe on-site child care or day care facilities, services or benefits currently offered or proposed to be offered by the Petitioner for children of employees. Federal-Mogul Powertrain, Inc. offers a dependent child care benefit throu h a retax a roll deduction. 16. What is your best estimate of the market value of the new Equipment after installation? $ Per Indiana Form 103 Long, Schedule A, Pool 2, Year 1, TTV = $1,911,600 TTV=True Taxable Value calculated using cost multiplied by 40%. 17. What is your best estimate of the amount of taxes to be abated during each of the five years after iriStallatiOn? $ Approximately $242,000 in total will be abated the first five ears if the Common Council approves, as requested, a 10-Year abatement for ersonal roe .The average tax abated per year is $48,400 when considerin the additional affects of form P - 18. What is the commitment your firm will make to minority employment during the five years of tax abatement? (Revised 8/2102) 3