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City of South Bend ., <br /> Petition for Incentives <br /> Sl • <br /> Petition must Include a$250 filing fee payable to the City Clerk's Office or online via the City's website at <br /> httpf/southbendln.gov/povernment/content/tax-abatement before processing can be complete ~ ' <br /> General Information Project Name Project Number IEDC#420573 <br /> Legal <br /> SWLcnalsteasregistaredwith Secretaryof Grace Steel Corporation (Adding Grace Steel, LLC in coming days with Tax FEIN) <br /> e spat strutture Grace Steel LLC would be Joint Venture with Steel Warehouse (Female Owned) <br /> Compa r4 wabsfta <br /> www.gracesteelservice.com `"'G S /'/�U�,Les L_e_ C. <br /> Propo,ed Project Information <br /> P:cposw'pro}ect address 2920 West Sample St Parent company name Grace Steel Corporation <br /> city,scale,zip South Bend, IN 46619 Legal ovine. Pam Andre(Female owned) <br /> Site acreage.or acreage requited Is the real acme owned or Would be Owned <br /> le ac's <br /> Square eel of facility73,000 If leased by v;horn <br /> Prima'y Contact Information <br /> Primary company contact name TRIC <br /> David Andre President <br /> AddrQsso(coma/nymallet 21601 Durham Way Phone 574-536-2445 <br /> City,s;a E,zip Bristol, IN 46507 `m0' davidandre@gracesteelservice.com <br /> Senior Official Information <br /> Company senior official eetne Same as above Title <br /> address of company contact(if n.ffercor Iron Phs^e <br /> 3hoyei <br /> City,Ste e.Lp En.s.I <br /> Consutant information/Agent <br /> liked business concultant/agontname RSM US LLP/Eric Levenhagen Consultantfeleaae(vfNl Y <br /> Address 9225 Priority Way W Drive#300 Local economic development partners <br /> aooroval <br /> City.sea e,zip Indianapolis, IN 46240 em"' yll <br /> Project Overview <br /> Orlcf de rlptlon of your <br /> compsnr,project and why the Grace Steel has outgrown its existing facility 10,000 sq ft in Mishawaka, IN as a <br /> property is necessary for distributor for hot and cold rolled metal products for steel industry and other industrial <br /> economt growth markets. We are seeking potential sites of 70.000 sq ft or larger for growth. Evaluation <br /> criteria include site location, economic incentives and labor force. The potential South <br /> Bend site is 73,000 sq ft and has been vacant for 6 years and under utilized for the past <br /> 15 years. It is located in Urban Enterprise Zone Grace Steel is looking to grow in either <br /> Indiana or Michigan to serve a large vendor at Steel Warehouse with up to 15 new jobs <br /> above State/County average wage. There is opportunity to form a joint venture with this <br /> vendor for steel product manufacturing/distribution to save on shipping costs and <br /> streamline efficient operations. We respectfully request analysis for Vacant Building <br /> Deduction Tax Abatement or TIF Funding compared with Enterprise Zone savings over <br /> 10 years to achieve this growth plan and major investment into this building. <br /> Certifiaotrechno;ogyPark approprlata Fi{ed in Clerks Ifflce <br /> No <br /> Is the project In a TAY Incremental s'nannng Yes (Sample Street Corridor) <br /> rriflarch?ftIv.r,Nat? AA' <br /> Certify that the Building Permit his net been Y, Number of residential units created by rally <br /> 0 <br /> Issued fY!r i erciext <br /> If this let petition for personal property tag abatement,has <br /> No <br /> _ _ --- <br /> the equipment been Insteded <br /> CITY CLER'i SO 'TFI 3END,IN <br /> Investment Details <br /> Pudic Infrastructure needs(ON- Has any SO4 funding been What is the value of any equipment being purchased inWhat is e valupm <br /> Willie of any eq:. enbeing <br /> ng <br /> slte tf project 14 dollars) readved7 Indiana for the project? I ti <br /> Purchased from oat of state for dee project? <br /> N/A No $350,000 $350,000 <br />