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City of South Bend <br /> Petition for Incentives <br /> Petition must include o$250 filing fee payable to the City Clerk's Office or online via the City's website at <br /> • <br /> htep:/jsouthbendln.gov/yovernment/rnntent/tax-obotement before processing con be complete <br /> General Information 1 Project Name Project Number IEDC#420573 <br /> Legal n,enB as resist-area with Seueta.ry of Grace Steel Corporation (Adding Grace Steel, LLC in coming days with Tax FEIN) <br /> State <br /> austnes structure Grace Steel LLC would be Joint Venture with Steel Warehouse(Female Owned) <br /> Company website <br /> www.gracesteelservice.com 51, �. <br /> Proposed Project Information <br /> Propel prole?address 2920 West Sample St Pa rentcompanyn.m. Grace Steel Corporation <br /> City.SU e,zip South Bend, IN 46619 Legal O1M"ef Pam Andre(Female owned) <br /> Site acreage oruxease reaulred Is the real estate owned or Would be Owned <br /> e lSed <br /> ,Square ker of facility If leated by v,hon; <br /> 73,000 <br /> Primary Contact Information <br /> Primary Company con.tar.name David Andre title <br /> President <br /> Address of company tented 21601 Durham Way Phone 574-536-2445 <br /> City,sta t,zip Bristol, IN 46507 Ems' davldandre@gracesteelservice.com <br /> Senio Official Information <br /> Con:par,senioroffioaIsame Same as above Tine <br /> Address of company contact(if different horn Phone <br /> abpvel <br /> City,Ste e.Zip Email <br /> Consu Fant Information/Agent <br /> Hired badness consultant/agent name RSM US LLP/Eric Levenhagen Consultant release(Y/NI y <br /> Address 9225 Priority Way W Drive#300let°n°mkdewbprnentpartnen <br /> approval ly/1 <br /> City.sta',Zip Indianapolis, IN 46240 <br /> Project Overview <br /> Brief de,+iptlon of your <br /> compare .project,and why the Grace Steel has outgrown its existing facility 10,000 sq ft in Mishawaka. IN as a <br /> property is negaracary for distributor for hot and cold rolled metal products for steel industry and other industrial <br /> e,conom;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 /> Certified Technology Park appropriaFiled in Clerk's Jffice <br /> No <br /> Is the prdsect Ina tar Incrententtl rinanane Yes (Sample Street Corridor) <br /> 1111)arcs? tfIQ.,.,hir,n? <br /> Certify that the Building perm'1 hes not been 'Number of residential units created by ,JAN0 <br /> Jswed fy'N) Y oroieq <br /> If this IPa pr-GUon for personal property tie abatement,has <br /> the equipment been Installed NO KA$1ELt1/'r'•+t'(trLER <br /> CrTY CLERrc SC'iTH 3END,IN <br /> Investment Details <br /> Pubht irtrastructore needs(Off- Has any Spa hind.ng been What is the value of any equipment being purchased,n What the value:of any equipment teeing <br /> site sf project In dollars) received? Indiana for the project? purchased from ovt of state for the project? <br /> N/A No $350,000 $350,000 <br />