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Confirming Tax Abatement - Lock Joint Tube LLC and/or its affiliates 1217 S. Walnut Street (5 Yr. Real Property)
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Confirming Tax Abatement - Lock Joint Tube LLC and/or its affiliates 1217 S. Walnut Street (5 Yr. Real Property)
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9/12/2012 10:25:13 AM
Creation date
6/8/2012 11:42:27 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/29/2012
Ord-Res Number
4187-12
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11. The REAL property where the proposed redevelopment or rehabilitation project will be <br />carried out is located in the following Allocation Area, if any, declared and confirmed by <br />the South Bend Redevelopment Commission: Sample Ewing Development Area <br />12. The redevelopment or rehabilitation project itself will: (a) create 7 -11* permanent, full - <br />time and 0 permanent, part-time jobs within the first year, representing a new annual <br />payroll of $210,000 - $330,000; and (b) maintain 56 existing, permanent, full -time and <br />N/A existing, permanent, part-time jobs (including existing, permanent, full -time, <br />minority employment of 14 workers and existing, permanent, part-time, minority <br />employment of N/A workers) with a total annual payroll of $2,300,000 for all existing <br />employees *. <br />* Please note that information provided on existing and projected employment relates to <br />Petitioner's facility on Walnut Street in South Bend. <br />13. Provide current wage information for existing employees including: base rate, cost -of- <br />living allowances, hazardous -duty pay, incentive pay including commissions and <br />production bonuses, on -call pay and tips (please show average hourly rate or range). Do <br />not include: back pay, jury duty pay, overtime pay, severance pay, shift differentials, non- <br />production bonuses, and tuition reimbursements. <br />14. The projected annual salary for each new position indicated in item 12 above is estimated <br />to be as follows (Please attach addition sheet(s) if more space is needed): <br />POSITION (Indicate Full Time [FT] or Part Time [PT] EMPLOYMENT WAGE <br />Please See Question 13 Above. <br />15. Indicate whether your company provides the following benefits (use Y/N): <br />Y Health Care Benefits <br />Y Pension Plan <br />Y Employer Provided Training (recognized or certified training/educational <br />courses or programs) <br />N Day Care (provide or contribute to the cost of child day care for its <br />employees) <br />N Transportation Assistance (provide direct or indirect support and assistance <br />-3- <br />Per Hour <br />Full -Time <br />Part-Time <br />Laborers <br />$12.98 —19.55 <br />$12.98 —19.55 <br />N/A <br />Technical <br />$ <br />$ <br />Managerial <br />$18.03 — 37.71 <br />$18.03 — 37.71 <br />Administrative <br />$ <br />$ <br />14. The projected annual salary for each new position indicated in item 12 above is estimated <br />to be as follows (Please attach addition sheet(s) if more space is needed): <br />POSITION (Indicate Full Time [FT] or Part Time [PT] EMPLOYMENT WAGE <br />Please See Question 13 Above. <br />15. Indicate whether your company provides the following benefits (use Y/N): <br />Y Health Care Benefits <br />Y Pension Plan <br />Y Employer Provided Training (recognized or certified training/educational <br />courses or programs) <br />N Day Care (provide or contribute to the cost of child day care for its <br />employees) <br />N Transportation Assistance (provide direct or indirect support and assistance <br />-3- <br />
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