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Confirming Tax Abatement - R2 Diagnostics, Inc. 1801 Commerce Drive (5 Yr. Personal Proeprty)
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Confirming Tax Abatement - R2 Diagnostics, Inc. 1801 Commerce Drive (5 Yr. Personal Proeprty)
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9/12/2012 10:24:20 AM
Creation date
6/8/2012 11:17:29 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/29/2012
Ord-Res Number
4184-12
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3. Estimate the total cost of the Equipment: $459,500 <br />4. (a) The Equipment is owned or to be owned by the following individuals or <br />corporations (if the business organization is publicly= held, indicate also the <br />name of the corporate parent, if any, and the name under which the <br />corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST <br />R2 Diagnostics Inc. 1801 Commerce Dr. South Bend IN 100% <br />(b) The following other persons lease, intend to lease, or have an option to buy <br />this Equipment (include corporate information as required in (4)(a) above, if <br />applicable): <br />NAME ADDRESS INTEREST <br />N/A <br />5. Give a brief description of the overall nature of the business and of the <br />operations occurring at the location for which tax abatement is requested: <br />R2D manufactures and sells clot based diagnostic kits that test for bleeding and <br />clotting disorders. R2D uses the proteins from ERL to insure the highest <br />quality final products with no lot -to -lot variation. These two points are critical <br />to testing labs like the South Bend Medical Foundation who rely on our Quality <br />for patient care. ERL is a primary supplier of coagulation and fibrinolytic <br />proteins for the research community. The Company's products are <br />distributed worldwide to researchers and pharmaceutical companies to aid in <br />the development of novel therapeutic compounds and assays to diagnose and <br />treat coagulation /hemostatis disorders. <br />6. The commonly known address of the property where the Equipment is to be <br />located is: 1801 Commerce Drive, South Bend IN <br />7. The Key Number of said property is: 025- 1008 - 033502; 025- 1008 - 033508; <br />018 -2183- 688612; 018 - 2183 - 688603 <br />8. Attach the legal description of the property where the equipment is to be <br />located, marked Exhibit A, and is hereby incorporated herein. <br />2 <br />
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