HomeMy WebLinkAboutConfirming Tax Abatement - 1401 South Main Street - Blk, LLC d/b/a Old Fort Building SupplyedRESOLUTION
3642-06
Passed by the Common Council of the City of South Bend, Indiana
September 25, 20 06
Attest:
City Clerk
• `~--~C~'~~- President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
September 26, 20 06
Approved and signed by me ~~ - ~r:~b _ r 2 7 r 20~(i .
~~
City Clerk
RESOLUTION NO. 3 ~ ~ ~ -~ ~
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY
KNOWN AS
1401 SOUTH MAIN STREET
AS AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A (3) THREE-YEAR REAL
PROPERTY TAX ABATEMENT FOR
BLK, LLC d/b/a OLD FORT BUILDING SUPPLY
WHEREAS, the Common Council of the City of South Bend, Indiana, has
adopted a Declaratory Resolution designating certain areas within the City as Economic
Revitalization Areas for the purpose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly known as a
vacant lot adjacent to 1401 South Main Street, South Bend, Indiana, and which is more
particularly described as follows:
Lots Numbered Twelve (12), Thirteen (13), Fourteen (14), and Fifteen (15) as
shown on the recorded plat of Samual C. Stull's First Addition to the City of
South Bend, excepting there from Fifty (50) feet taken off of and from the entire
east side of said lots
and which has Key Number 18-8004-0166, as an Economic Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution and the public
hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5;
and
WHEREAS, the Council held a public hearing for the purposes of hearing all
remonstrance's and objections from interested persons; and
WHEREAS, the Council has determined that the qualifications for an economic
revitalization area have been met.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
South Bend, Indiana, as follows:
SECTION I. The Common Council hereby confirms its Declaratory Resolution
designating the area described herein as an Economic Revitalization Area for the
purposes of tax abatement. Such designation is for Real property tax abatement only and
is limited to two (2) calendar years from the date of adoption of the Declaratory
Resolution by the Common Council.
SECTION II. The Common Council hereby determines that the property owner is
qualified for and is granted Real property tax deduction for a period of (3) three years,
and further determines that the petition, the Memorandum of Agreement between the
Petitioner and the City of South Bend, and the Statement of Benefits comply with
Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code
6-1.1-12 et sea.
SECTION III. The Common Council hereby determines that should the Company
receive the Enterprise Zone Investment Deduction under I.C. 6-1.1-45 for the same
property, this Tax Abatement designation shall become null and void. The Company
may not receive an economic revitalization area deduction if it receives an enterprise
zone investment deduction under I.C. 6-1.1-45 for the same property.
SECTION IV. This Resolution shall be in full force and effect from and after its
adoption by the Common Council and approved by the Mayor.
-~ '
Member of the Co o`nrCouncil
DRESENTED ~ -ZS'o6
~1J~ APPROb"E~
~DOPTEE~ ~~ _ ZS- 0.~
Filed In Gle~k'S Gffice
p,~~ 2 3 2000
JOHN vS0 ~&E D, 1N.
CifV CLERK,
12~~ COUNTY-CITY BUILDING
227 W. JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46601-1830
PHONE 574/235-9371
FAx 574/235-9021
TDD 574/ 235-5567
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY ~L ECONOMIC DEVELOPMENT
August 18, 2006
SHARON T. KENDALL
EXECUTIVE DIRECTOR
Council Member Roland Kelly, Chairperson
Community & Economic Development Committee
South Bend Common Council
4th Floor, County City Building
South Bend, IN 46601
RE: Commercial Real Property Tax Abatement Petition for:
BLK, LLC d/b/a OLD FORT BUILDING SUPPLY
Dear Council Member Kelly:
Please find attached the Department of Community & Economic Development's report on a
commercial real property tax abatement petition for the above-referenced petitioner for expansion of
a vacant lot located adjacent to 1401 South Main Street. Also attached is a copy of the petition,
Statement of Benefits form, and supporting information.
The report contains the Department's findings relative to the above petition. The petitioner, BLK,
LLC proposes to renovate a Redevelopment Commission owned, vacant lot into a paved and fenced
outdoor storage yard for masonry products. The total cost of the proj ect is estimated to be $200,000.
BLK is seeking a (3) three-year real property tax abatement, and a representative of BLK will be
available to meet with the Committee on Monday, August 28, 2006.
Should you or any of the other Council members have any questions concerning the report, or need
additional information, please feel free to call me at 235-5825.
Sincerely,
~J
Sharon Terrell
Economic Development
Attachments
cc: South Bend Common Council Members
Mayor Stephen Luecke
Sharon Kendall
Don Inks
Bill Schalliol
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM
PAMELA C. MEYER DONALD E. INKS MANAGEMENT
574/235-9660 574/235-9371 ELIZABETH LEONARD
FAX: 5741235-9697 5741235-9371
1200 COUNTY-CITY BUILDING
227 W.,JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46601-1830
PHONE 574/ 235-9371
FAx 574/235-9021
TDD 574/ 235-5567
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY ~ ECONOMIC DEVELOPMENT
SHARON T. ICENDALL
EXECUTIVE DIRECTOR
TAX ABATEMENT REPOR T
TO: SOUTH BEND COMMON COUNCIL
FROM: SHARON TERRELI~
SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR:
BLK, LLC d/b/a OLD FORT BUILDING SUPPLY
DATE: August 18, 2006
On July 19, 2006, a petition for real property tax abatement consideration for property located
adjacent to 1401 South Main Street (vacant lot) was filed with the City Clerk by BLK, LLC.
Pursuant to Chapter 2, Article 6, Section 2-82 of the Municipal Code of the City of South Bend, this
petition was referred to the Department of Community and Economic Development for purposes of
investigation and preparation of a report determining whether the area qualifies as an Economic
Revitalization Area pursuant to I.C.6-1.1-12.1 and whether all zoning requirements have been met.
The Department of Community and Economic Development has reviewed the petition (a copy of
which is attached), investigated the area, and makes the following report.
PROJECT SUMMARY
Old Fort Building Supply is a major supplier of construction materials to the Michiana area. The
main product lines are brick, architectural block, stone, landscaping pavers, drywall, acoustical
ceilings and related products. The company plans to renovate acity-owned, vacant lot into a paved
and fenced outdoor storage yard for masonry products. The additional storage is Phase I of afour-
phase expansion plan at Old Fort. The estimated cost of the addition is $200,000. Total taxes abated
during the (3) three-year abatement period is $13,649.
Additionally, Old Fort Building Supply is located in the Urban Enterprise Zone and may qualify for
the Enterprise Zone Investment deduction. This is a new, 10-year deduction which covers 100% of
assessed value from new investment, but requires the company to contribute 25% of savings to the
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SC PROGRAM
PAMELA C. MEYER DONALD E. INKS MANAGEMENT
5?4/235-9660 574/235-9371 E~~zsserH LEONARD
FAX: 574/235-9697 574/235-9371
South Bend Redevelopment Commission
RE: Tax Abatement for BLK, LLC
August 18, 2006
Page 2
Urban Enterprise Association. The department recommends that should the company receive the
UEZ designation, the Tax Abatement designation shall become null and void.
EMPLOYMENT IMPACT
Per the petition, it is estimated that the total project will create (2) two new, permanent, full-time
jobs representing a new annual payroll of $60,000. The project will also maintain (19) nineteen
existing, permanent, full-time jobs and (1) one existing, permanent, part-time job representing an
annual payroll of $830,000.
ABATEMENT QUALIFICATION
1. A review of the tax abatements previously granted finds that the petitioner has not been
associated with any previous tax abatements:
2. The Building Commissioner has reviewed the petition and finds the property to be properly
zoned for the proposed project.
3. A review of the South Bend Redevelopment designation areas finds that the property is located
in the Sample-Ewing Development Area, which is a Tax Incremental Allocation Area; therefore,
the petition for real property tax abatement must first be approved by the South Bend
Redevelopment Commission.
4. A review of the South Bend Urban Enterprise Zone finds that the property is located in the Urban
Enterprise Zone Area; therefore, it is recommended that should the company receive the UEZ
designation, the Tax Abatement designation shall become null and void. The Companymaynot
receive an economic revitalization area deduction if it receives an enterprise zone investment
deduction under I.C. 6-1.1-45 for the same property.
Although it qualifies fora (5) five-year abatement, the Redevelopment Commission staff
recommends a (3) three-year abatement based upon the type ofproject, which is improvement of
a vacant lot for outdoor storage of masonry products and no building construction.
6. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner does meet the
qualifications fora (5) five-year real property tax abatement under Section 2-83.1, Warehouse
Development in an Economic Development Target Area (EDTA), Urban Enterprise Zone (UEZ),
and Redevelopment Blighted Areas (RBA).
Tax Abatement Schedule prepared for: 17-Aug-O6
BLK. LLC dlb/a OLD FORT BUILDING SUPPLY
South Bend Portage Township 3 Year Real Property Abatement Schedule*
Total estimated Project Cost: $200,000
Base Assessed Value: $170,000
(base assessed value is estimated at 85% of project cost)
Assume constant tax rate of: 5.1524%
Assume constant SRTC of: 21.6906%
Assessed Gross Less Net Percent Tax Tax
Year Value Tax SRTC Tax Abated Abated Paid
1 $170,000 $8,759 $1,900 $6,859 100% $6,859 $0
2 170,000 8,759 1,900 6,859 66% 4,527 2,332
3 170,000 8,759 1,900 6,859 33% 2,263 4,596
$20,577 $13,649 $6,928
Totat Taxes Due During Abatement: $20,577
Total Taxes Abated During Abatement: 13,649
Total Taxes Paid During Abatement: 6,928
* -This schedule is for estimation purposes only and assumes constant tax rates.
The true tax values will ultimately be determined by the actual
assessed valuation and the then current tax rates.
BLK, LLC d/b/a OLD FORT BUILDING SUPPLY
Public Benefit Points Summary"
Qualify Earned
Public Benefit Item: Y or N Points
Proiect Related:
1. A. Redevelop a Site that has Special Needs N 0
B. Develop Based on Local University Research N 0
C. Achieve a Physical Element of a Plan Y 36
Sub-total Project Related: 36
2. Super Size Protects (point values are cumulative):
A. 100% t0 199% N
B. 200% to 299% N
C. 300% to 399% N
D. 400% and Over N
Sub-total Super Size Projects:
3. Construction Related:
A. Employ Local Companies Y
B. Purchase Materials from Local Companies Y
C. Require Employees vs. Independent Contracts Y
D. Require Target Wage Levels Y
E. Require Health Benefits Y
F. Require Pension Benefits Y
G. Maintain Affirmative Action Plan N
Sub-total Construction Related:
4. Wage & Benefit Related:
A. Pay Target Wage Levels Y
B. Provide Health Benefits Y
C. Provide Pension Benefits Y
D. Provide Training Y
E. Provide Child Care N
F. Provide Transportation Assistance N
G. Provide Employer Assisted Housing program N
Sub-total Wage & Benefit Related:
5. Workforce Related:
A. Create New Jobs Y
B. Retain Existing Jobs Y
C. Maintain Affirmative Action Plan Y
D. Provide Targeted Hiring Preference N
Sub-total Workforce Related:
6. Pay for Municipal Infrastructure: (point values are cumulative):
A. Pay for Oversizing or Upgrading N
B. Pay for 26-50% of Extension Cost N
C. Pay for 51-75% of Extension Cost N
D. Pay for 76-100% of Extension Cost N
Sub-total Infrastructure Related:
7. Support a Municipal Facility:
A. Support a Municipal Facility N
Total Public Benefit Points:
0
0
0
0
0
20
20
19
22
22
18
0
121
33
34
29
28
0
0
0
124
42
41
35
0
0
0
0
0
0
0
399
18-Aug-06
Available
Points
49
35
36
120
25
68
65
52
210
20
20
19
22
22
18
20
141
33
34
29
28
15
14
9
162
42
41
35
34
152
14
26
39
52
131
84
1000
' Qualification for each Public Benefit )tem based on best available information at time of application or
good faith determination if no information available.
BLK, LLC d/b/a OLD FORT BUILDING SUPPLY
Additional Years of Abatement
Mutti-family Development Projects:
From To Additional Years
0 141 0
142 183 1
184 225 2
226 267 3
268 309 4
310 351 5
352 393 6
394 & over 7
Other Development Projects:
From To Additional Years
0 300 0
301 357 1
358 414 2
415 471 3
472 528 4
529 585 5
586 642 6
643 1000 7
Subtotal from Points Summary: 399
Base Years of Abatement 3
Additional Years of Abatement: 2
Total Years of Abatement: 5
CITY OF SOUTH BEND
PETITION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION
The undersigned owner(s) of real property, located within the City of South Bend, hereby
petition the Common Council of the City of South Bend for real property tax abatement
consideration and pursuant to I.C., 6-l.1-12.1-1, et seq., and South Bend Municipal Code
Sec. 2-76 et_ seq• • for this petition states the following:
1. Describe the proposed redevelopment or rehabilitation project, including information
about physical improvements to be made, the amount of land to be used, an estimate
of the cost of the project, the proposed use of the improvements, and a general
statement as to the importance of the project to your business:
Our project is a complete renovation of an old city owned, overgrown vacant lot into a modern
paved and fenced outdoor storage yard for masonry products. It encompasses approximately
one acre and the costs are expected to be $200,000. The additional storage is Phase I of a four
phase expansion plan at Old Fort Building Supply, Inc.. Without the additional space, we would
be forced to relocate our facility.
d ~~' °
2. The redevelopment or rehabilitation project itself will create ~~ ~ new, permanent
jobs within the first year, representing a new annual payroll of $ ~D, ~D•
and will maintain ~` existing permanent full-time and l existing
permanent part-time jobs with an annual payroll of $ ~1~ot o~. .The projected
annual salaries for each new position created are estimated to be as follows:
One Tn~ck Driver chi $37,000 and one Driver's Helper @ $23,000.
These projections are based on strong economic and constn~ction industry growth in the
Michiana area. Our projections are subject to the changes within the local constn~ction industry.
3. Estimate the dollar value of project (excluding land): $ ~ol~ t txx~
4. (a) The real property for which tax abatement consideration is petitioned (Property)
is owned or to be owned by the following individuals or corporations (if the
business organization is publicly held, indicate also the name of the corporate
parent, if any, and the name under which the corporation has filed with the
Securities and Exchange Commission):
NAME ADDRESS INTEREST
William L. Jagger, Vice President, Old Fort Building Supply, Inc.
Beneficiary of BLK, LLC
207 Woodland
LaPorte, IN 46350
(b) The following other persons lease, intend to lease, or have an option to buy the
Property (include corporate information as required in (4)(a) above, if
applicable);
NAME ADDRESS IN'TEftES':t"
Old Fort Building Supply, Inc.
1401 S. Main Street
South Bend, IN 46613 100%
5. Describe the overall nature of the business and of the operations occurring at the
Property:
Old Fort Building Supply is a major supplier of construction materials to the Michiana area.
Between 80-90% of its sales are to professional contractors and subcontractors. Our main
product lines are brick, architectural block, stone, landscaping pavers and wall, drywall, steel
studs, insulation, acoustical ceilings and related products.
5. The commonly known address of the Property is:
Vacant lot at tl~e Northeast corner of Lafayette and Broadway, South Bend, IN 46613
7. The Key Number(s) of said property is:
18-8004-0166
8. A legal description of the above address is attached hereto, marked "Exhibit A," and
incorporated herein.
9. A map and/or plat describing the Property is attached hereto, marked "Exhibit B,"
and incorporated herein.
10. Photographs of the property, taken within two (2) weeks of filing of this petition, are
attached hereto, marked "Exhibit C, " and incorporated herein.
11. The current assessed valuation of the real property before rehabilitation,
redevelopment, economic revitalization, or improvement.
Key # 18-8004-0166 - Land - $25,900. Improvements - $5,700.
12. 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:
(Revised 6/17/02) 2
YEAR REAL PROPERTY TAXES
2006 - $1275.00
2005 - $1211.44
2004 - $0.00
2003 - $0.00
2002 - $0.00
2001 - $0.00
PERSONAL PROPERTY TAKES
$o.oo
$0.00
$0.00
$0.00
$0.00
$0.00
13. 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
five years, specifying whether full time or part-time and whether permanent or
temporary employees. The Petitioner shall also list the current number of total
employees (full and part-time) and the current number of minority individuals (fi111
and pant.-time) .
Our minority employment history is as follows:
2006 - 3 Two frill time, one part time Total employees - 20
2005 - 2 One frill time, one part time Total employees - 18
2004 - 0 Total employees - 18
2003 - 0 Total employees - 18
2002 - 1 One full time Total employees - 17
2001 - 1 One full time Total employees - 17
All employees have been permanent
1.4. What is your best estimate of the after rehabilitation market value of the Property?
$zso,ooo.oo
15. Describe any 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.
None
16. What is your best estimate of the amount of taxes to be abated during each of the first
five (5) years after rehabilitation?
Year 1 - 100% or $4,034.81 We are assuming a new assessed value of
Year 2 - 75% or $3,026.1 I $100,000. The tax due on that assessment
Year 3 - 50% or $2,017.41 would be $4,034.81.
Year 4 - 25°ro or $1,008.70 ($100,000 * .OS 1524 = $5,152. * .216906 = $4,034.81)
17. What is the commitment your firm makes to minority employment during the ne~'-
five years?
We currently employ a 15% minority base. We plan to continue this trend or increase the
percentage if qualified minority individuals are available.
(Revised 6/17/02) 3
18. No building permit has been issued for construction on the property in connection
with the improvement in question as of the date of filing of this petition. (The
signature at the end is verification of this statement)
19. The Standard Industrial Classification Manual major group within which the proposed
project would be classified, by number and description:
50: wholesale Trade -Durable Goods
0. The Internal Revenue Service Code of Principal Business Activity by which the
proposed project would be classified, by number and description:
423300
21. Other anticipated public financing for the project including, if any, industrial revem~e-
bonding to be sought or already authorized, assistance through the United States
Department of Housing and Urban Development funds from the City of South Bend,
Small Business Association Sections 503 and 504 financing through the Business
Development Corporation of South Bend, Mishawaka, and St. Joseph County,
Indiana; or other p>.iblic financial assistance, including but not limited to public works
improvements.
None
22. Describe how the Property has become undesirable for or impossible of normal
development and occupancy because of a lack of development, cessation of growth,
deterioration of improvements or character of occupancy, age obsolescence,
substandard buildings, or other factors which have impaired values and prevent a
normal development of the property or property use:
The property was purchased from South Bend Redevelopment expressly for this purpose and
has been deemed consistent with the City's intent. Tl~e neighboring property, The Brass Eagle,
has been abandoned by it's owner and is currently being targeted by Redevelopment for
purchase and demolition.
23
The current use of the Property is vacant
and the current zoning is - Gt _ (use) and Not in City ;height and area).
(This information may be obtained from the Building Department 235-9553)
(Revised 6/17/02) 4
24. Property is located in the following Allocation Area (if any) declared and confirmed
by the South Bend Redevelopment Commission:
Sample/Ewing Development Area
2~ . The following person(s) should be contacted as Petitioner's agent regarding additional
information and public hearing notifications:
Name:
Address:
City, State,
Telephone:.
Robert F. Jagger
1401 S. Main Street
South Bend, IN 46613
574-289-5566
26. Please indicate the name, address, and telephone number of the person who will work
.with Workforce Development Services (WDS) for employee recruitment, and sign the
WDS form attached to the petition if the real tax abatement is for warehouse or
industrial developments.
Name:
Address: Cecilia E. Brom
City, State, Zip Code: 1401 s. Main street
South Bend, IN 46613
Telephone:
27. Please indicate the type of Economic Development/Revitalization project involved in
your request:
Zip Code:_
a. Residential Housing (Skip to Section 26)
b. Office (Skip to Section 27)
c. Retail/Commercial (Skip to Section 28)
d. Mixed Use (Skip to Section 29)
e. Institutional (Skip to Section 30)
f.
~ Industrial (Skip to Section 31)
i
2
g. on 3
)
Warehousing - (Skip to Sect
NOTE: PLEASE COMPLETE ONLY THE SECTION, ON THE NEXT FEW
PAGES, APPLICABLE TO YOUR PARTICULAR PROJECT.
(Revised 6/17/02) 5
26. RESIDENTIAL DEVELOPMENT:
A. MULTI-FAMILY: Applicable to Project
YES
NO
a. Location in Economic Development Target Areas
(EDTA) as designated by the Economic Development
Commission (EDC).
b. A guarantee that twenty percent (20 %) of all units
shall be made available to low and/or moderate income
individuals or families during the tax abatement.
c. Sign the low and moderate guarantee document
attached to the petition if the real tax abatement
is for multi-family residential development.
e. Hard dollar cost of new construction : ............ $
f. Hard dollar cost of rehabilitation: .............. $
B. SINGLE FAMILY: ~ Applicable to Project YES
a. Location within the Neighborhood
Revitalization Area (NRA).
b. Compliance with the residentially distressed
factors addressed in I . C . , 6-1.1-12.1-2.
c. Hard-dollar cost of new construction : ............ $
27. OFFICE DEVELOPMENT
Applicable to Project
YES
NO
NO
a. Location in Central Business District (CBD).
b. Location within East Bank Development Area (EBDA).
c. Location in Tax Abatement Impact Area (TAIA).
(Revised 6/17/02) 6
d. Conformance with the Development Plan and Design
Guidelines for the Central Business District (CBD)
and review by the Design Review Committee
e. New Construction, amount of square feet ........ .
f. Rehabilitation, amount of square feet ........... .
28. RETAIL DEVELOPMENT
Applicable to Project
a. Location in a Tax Abatement Impact Area (TAIA).
b. Location in the Central Business District (CBD).
c. Location in the East Bank Development Area (EBDA).
d. Location in the Urban Enterprise Zone (UEZ).
e. New Construction, amount of square feet: ........ .
f. Rehabilitation, amount of square feet :........... .
YES NO
29. MIXED-USE DEVELOPMENT
Applicable to Project YES NO
a. Location in the Central Business District (CBD).
b. Location in the East Bank Development Area (EBDA).
c. New Construction, amount of square feet:
d. Rehabilitation, amount of square feet:
30. INSTITUTIONAL DEVELOPMENT
Applicable to Project YES NO
(Revised 6/17/02) 7
a. Location in the Central Business District (CBD).
b. Location in the East Bank Development Area (EBDA).
c. Location in the Urban Enterprise Zone (UEZ).
d. New Construction, amount of square feet:
e. Hard dollar cost:
31. INDUSTRIAL DEVELOPMENT
Applicable to Project
a. Location in Urban Enterprise Zone (UEZ) or
Redevelopment Blighted Area (RBA).
b. Standard Industrial Classification Code
Sections 20 through 39.
c. Compliance with Employment Training
Services (ETS).
d. New Construction: Amount of square feet ........ .
e. Rehabilitation: Amount of square feet ........... .
32. WAREHOUSE DEVELOPMENT
Applicable to Project
a. Location in the Economic Development Target
Area (EDTA)
b. Location in the Urban Enterprise Zone (UEZ)
c. Location in the Redevelopment Blighted Area (RBA)
d. Standard Industrial Classification Code:
Major Groups 42, 50, or 51
$.
YES NO
YES NO
_s~
(Revised 6/17/02) g
WHEREFORE, Petitioner requests that the Common Council of the City of South Bend,
Indiana, adopt a declaratory resolution designating the area described herein to be an
economic revitalization area for purposes of tangible real property tax abatement
consideration, and after publication of notice and public hearing, determine qualifications
for an economic revitalization area have been met, and confirm such resolution. Petitioner
herein hereby verifies that the required $250.00 filing fee to cover processing and
administrative costs pursuant to Section 2-84.7 of the Municipal Code of the City of South
Bend has been paid in full.
Name of Property Owner(s):
3~~~ ~~c ~~a old. Fo,r t ~$~i~d~~-~.SN~P~~
(~0 ~ $~• U~ ai n S~. ~~o v~ ~ln ~ e N!~ t ~"t~S ~~ 6 (3
_ ~
By:
(Signed Name
W i 11 i ~~ L• ~aa 4e/
(Typed or printed name and capacity of signor if signed by an agent or
representative of the owner.)
Fil d Cle~~-'~ ®~Ilc~
JUL 1 9 200
~o~tri vcc~~~
crrr cG~~;x, ~c_
(Revised 6/17/02) 9
Exhibit A
Legal Description of Property:
Broadway Masonry Products Storage Yard
Lots Numbered Twelve (12), Thirteen (13), Fourteen (14)and Fifteen (IS) as shown on the
recorded plat of Samuel C. Stull's First Addition to the city of South Bend, excepting there from
fifty (50) feet taken off of and from the entire east side of said lots. Key No. 18-8004-0166.
F:1~~ !3~ ~~~r,a'~ ~ , elr
JUL 1 9 Zoo6
Jfl,~V V~1fl~l;~E
ClTYCL£i;K, S0. Ec"FJD, IN.
COMPANY NAME
Public Benefit Points Summary
Qualify
Public Benefit Item: Y or N
Proiect Related:
1. A. Redevelop a Site that has Special Needs N
B. Develop Based on Local University Research N
C. Achieve a Physical Element of a Plan N
Sub-total Project Related:
2. Super Size Proiects (point values are cumulative):
A. 100% to 199% (choose only one) N
B. 200% to 299% N
C. 300% to 399% N
D. 400% and Over N
Sub-total Super Size Projects:
3. Construction Related:
A. Employ Local Companies N
B. Purchase Materials from Local Companies N
C. Require Employees vs. Independent Contracts N
D. Require Target Wage Levels N
E. Require Health Benefits N
F. Require Pension Benefits N
G. Maintain Affirmative Action Plan N
Sub-total Construction Related:
4. Waoe 8~ Benefit Related:
A. Pay Target Wage Levels N
B. Provide Health Benefits N
C. Provide Pension Benefits N
D. Provide Training N
E. Provide Child Care N
F. Provide Transportation Assistance N
G. Provide Employer Assisted Housing program N
Sub-total Wage 8F Benefit Related:
5.
6
7
~
:
~
, .
~
~ ~
,
c n
c_~
GR r a
~L
4a ~ v c^ m
r_
r, y ~ - ! ~ 4
~-
,
~
1!
1 _ ~ C? i:
F a
-..t 9
_. 1
Workforce Related:
A. Create New Jobs N
B. Retain Existing Jobs N
C. Maintain Affirmative Action Plan N
D. Provide Targeted Hiring Preference N
Sub-total Workforce Related:
Pay for Municipal Infrastructure: (not cumulative, choose only one)
A. Pay for Oversizing or Upgrading N
B. Pay for 26-50% of Extension Cost N
C. Pay for 51-75% of Extension Cost N
D. Pay for 76-100% of Extension Cost N
Sub-total Infrastructure Related:
Support a Municipal Facility:
A. Support a Municipal Facility N
Total Public Benefit Points:
Earned
Points
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12-Jul-06
Available
Points
49
35
36
120
~~
25
68
65
52
210
20
20
19
22
22
18
20
141 ~ /
_~
~3
33
34
29
28
15
14
9
162
42
41
35
34
152
0 14
0 26
0 39
0 52
0 52
0 84
0 921
' Qualification for each Public Benefit Item based on best available information at time of application or
good faith determination if no information available.
3~ 3 p+~s
N .s ~ ors