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7200 COUNTY-CITY Bl,ILJ)ING <br /> PHONH 574/9 3 5-9377 <br /> z3.71K�.J>ar>>1so I3nz-I>vAilz ' -e FAx 5741 235-902 I <br /> �.. M <br /> Scw-m Bi-,No,INDSAINA 466w-783o <br /> e l a <br /> IS65 <br /> CITY OF SOUTH BEND PF-TF, Bu=ciEG, MAYOR <br /> CMM UNTrY & ECONOM>C DEVELOP ENT <br /> May 2, 2012 <br /> Council Member Henry Davis, Chairperson <br /> Community & Economic Development Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend, IN 46601 <br /> RE: Personal Property Tax Abatement Petition for: <br /> Federal- Mogul Powertrain, Inc. <br /> Dear Council Member Davis: <br /> Please find attached the Department of Community & Economic Development's report on a personal <br /> property tax abatement petition for the above-referenced petitioner. Also attached is a copy of the petition, <br /> Statement of Benefits form, and supporting information. The project calls for the acquisition and <br /> installation of new equipment as part of the company's planned increase in productive capacity in its facility <br /> located at 3605 West Cleveland Road. <br /> The report contains the Department's findings relative to the above petition. Federal Mogul will be <br /> purchasing and installing new equipment. The total project cost for the equipment is estimated at <br /> $21,802,000. The project meets the qualifications for a(5)five-year personal property tax abatement and a <br /> representative from Federal Mogul will be available to meet with the Committee on Monday,May 14,2012. <br /> Should you or any of the other Council members have any questions concerning the report, or need <br /> additional information,please feel free to call me at 235-9278. <br /> Sincerely, <br /> ell <br /> 4 <br /> Kathy Hahn <br /> Economic Development Specialist <br /> Attachments <br /> cc: South Bend Common Council Members <br /> Mayor Buttigieg <br /> Aladean DeRose <br /> Don Inks <br /> COMMUNITY Drva.opmr.N7' � ECONOMic D.FwF. (IPmF.NT <br /> PAMIL4 C.LVEu <br /> UonACn L,INi5 <br /> 574/235-9660 <br /> 5141235-997 <br /> FAX:374 1'1 5-94 69 <br />