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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 seg., and South Bend
<br />Municipal Code Section 2 -84.2, et sea., for this petition state the following:
<br />1. 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 will be acquired and installed to manufacture three new product lines
<br />to supply component parts (pistons and piston assemblies) to automobile manufacturers: t) GM Gen V 5.31. Piston -cost $8.281,000,2) GM Gen V4.31-16.21. Piston -cost $6,434,000,
<br />3) GM LKW 2.51. Piston - cost $3,025,00, and 4) Aluminum Bulk Melt Furnace for Ford Nano - Cost $600,000. Additionally, a new Prototype Lab will be added for continued R&D with a cost
<br />of $3,462,000. Continued new product lines with ever - increasing technological advances at the South Bend facility are critical
<br />to the facility's long term viability. Federal -Mogul Powertrain, Inc. respectfully requests the South Bend Common Council
<br />approve a 10 -Year Abatement for the multitudes of significant new investment associated with this abatement application.
<br />2. The project will: (a) create 20 permanent, full -time and 0 permanent, part -
<br />time jobs within the first year, representing a new annual payroll of $ 932.000
<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 />I 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 />Laborers
<br />Technical
<br />Managerial
<br />Administrative
<br />(Rev. 5/13111)
<br />Full -Time
<br />$ 13.69 -23.98
<br />$ 28.24
<br />$ 34.57
<br />$ 25.45
<br />Part -Time
<br />$ n/a
<br />$ n/a
<br />$ n/a
<br />$ n/a
<br />
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