|
CITY" OF SOUTH BEND PETITION FOR TANGIBLE
<br /> PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION
<br /> The undersigned owner(s) of new manufacturing equipment, new research and
<br /> development equipment, new logistical distribution equipment and/or new information
<br /> technology equipment, all personal property, located within the City of South Bend,
<br /> hereby petition the Common Council of the City of South Bend for personal property
<br /> (new manufacturing equipment, new research and development equipment, new
<br /> logistical distribution equipment and/or new information technology equipment) tax
<br /> abatement consideration and pursuant to I.C., 6-1.1-12.1, et sere., and South Bend
<br /> Municipal Code Section 2-84.2, et� sea., for this petition state the following:
<br /> I Describe the proposed project, including information about the new personal
<br /> property identified as manufacturing, research and development, logistical
<br /> distribution and/or information technology equipment ("Equipment") to be installed,
<br /> the amount of land to be used, if any, the proposed use of the Equipment, and a
<br /> general statement as to the importance of the project to your business.
<br /> If approved for abatement,new manufacturing equipment wilt be acquired and installed to manufacture three new product lines
<br /> to Supptj Component parts(plMons and piston assemblies)to pulonrobfle rnanufaCturers;1)GM Gen v 5.31,PWon-cost$8,281,000,2)GM Gen V4,31-16.21.Pwon-cost f6,434,000,
<br /> 3)GM LKW 2.51,Mston-cost$3,025,00,and 4)Aluminum Bu*Mall Fumace for Ford Nano.0os13600,000.Additionally,a new Prototype Lab will be added for continved R&D w11h a cost
<br /> of$3,462,000. Continued new product lines with ever-increasing technological advances at the South Send facility are critical
<br /> to the facility's Fong term viability, Federal-Mogul Powertrain, Inc. respectfully requests the South Send common Council
<br /> approve a 10-Year Abatement for the multitudes of significant new investment associated wilh this abatement application.
<br /> 2. The project will: (a) create„Y-2 permanent, full-time and__Q part-
<br /> time jobs within the first year, representing a new annual payroll of $
<br /> and (b) maintain 409 existing, permanent, full-time and o existing,
<br /> permanent, part-time jobs representing an annual payroll of$ 20,503,000 for
<br /> existing employees.
<br /> 3. Provide current wage information for existing employees including: base rate, cost-
<br /> of-living allowances, hazardous-duty pay, incentive pay including commissions and
<br /> production bonuses, on-call pay and tips (please show average hourly rate or
<br /> range). Do Not Include: back pay, jury duty pay, overtime pay, severance pay,
<br /> shift differentials, non-production bonuses, and tuition reimbursements.
<br /> Full-Time Part-Time
<br /> Laborers $ 13.69-23.98 $ n/a
<br /> Technical $ 28.24 $ n/a
<br /> /Managerial $ 34.57 $ n1a
<br /> Administrative $ 26.45 $ n/a
<br /> (Rev. 5/13/11) t
<br />
|