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EMPLOYMENT IMPACT <br /> Per this petition,it is estimated that the company will: <br /> > Bring four (4) permanent full-time jobs representing a total annual payroll of <br /> $160,576 to South Bend. The hourly average wage is$19.30. <br /> Create sixteen (16) new permanent, full-time jobs within first four years with a <br /> total estimated annual payroll of$624,000. The estimated hourly average wage is <br /> $18.75. <br /> ABATEMENT QUALIFICATION <br /> I. A review of the tax abatements previously granted, finds that the petitioner has not <br /> been granted or associated with previous abatements. <br /> 2. The Area Plan Commission has reviewed the petition and finds the property to be <br /> properly zoned for the proposed project. <br /> 3 A review of the South Bend Redevelopment designation areas finds that the property <br /> is located in the River West Development Area. <br /> 4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner <br /> meets the qualifications for a six(6)year vacant building,a six(6)year real property <br /> and five (5) year personal tax abatements under section 2-82.1, Industrial <br /> development in Urban Enterprise Zone and Redevelopment Blighted Areas, and <br /> section 2-84.2,Tangible Personal Property Tax Abatement. <br /> Filed in Clerk's Office <br /> JAN 23209 <br /> KAREEn gli k- 5,VLER <br /> C CLERK,S___ gFr�n. <br />