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City of South Bend <br /> Petition for Incentives i I <br /> Petition must Include a$250 filing fee poyable to the City Clerk's Office or online via the Gty's website at <br /> ' <br /> http://soutnbendln.gov/government/content/tax-obatemenf before processing can be complete <br /> Gene el Information Project Name Project Number IEDC#420573 <br /> legal n'Yne as registered with Secretary of Grace Steel Corporation (AddingGrace Steel, LLC in comingdays with Tax FEIN) <br /> state P Y <br /> Bus:nat structure Grace Steel LLC would be Joint Venture with Steel Warehouse (Female Owned) <br /> Compal/website <br /> www.gracesteelservice.com c.r'L,� ;_ a <br /> 5" <br /> Proposed Project Information <br /> Proposr projactsddress I 2920 West Sample St Patentcompar.ynatm Grace Steel Corporation <br /> City,staae,Zip South Bend, IN 46619 Una!owner Pam Andre(Female owned) <br /> Site a cr4age d'acreage requuedIt the reel estate owned or <br /> Would be Owned <br /> In. d <br /> Square st of facility 73,000 If!cased byv,hon, <br /> Prima y Contact Information <br /> Primary:ampany(0,12C111111118 David Andre Title President <br /> address of companyoontad 21601 Durham Way Phone 574-536-2445 <br /> ocy,stazip Bristol, IN 46507 Email davidandre©gracesteelservice.com <br /> Senior,Official Information <br /> Compar*senior official hart), Same as above Title <br /> address of company contact(if different from Phu^e <br /> above) <br /> City,Star e,ZIp Ea <br /> l <br /> Consu Cant Information/Agent <br /> Hired bs.inessconsultant/agent nameRSM US LLP/Eric Levenhagen Consultantrefease(v/NI Y <br /> Address local economic <br /> 9225 Priority Way W Drive#300 development partneri <br /> approval Cfi <br /> Cl .tySt e,zip Indianapolis, IN 46240 em"' 11 <br /> Project Overview <br /> Brief de$rlptlon of your <br /> compan .project,and why the Grace Steel has outgrown its existing facility 10,000 sq ft in Mishawaka. IN as a <br /> properr ,snec.asuyfor distributor for hot and cold rolled metal products for steel industry and other industrial <br /> econom'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 analysts 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\rethnoiogyPa,osppropr(ah Filed {(1 Clerk's Office <br /> No <br /> 'is the prp;ectlnaTax Incremental Financing Yes (Sample Street Corridor) �— r <br /> fTIF I er.? Ifso.iehitn? <br /> Certify t t the Building Permit hes not been Number of residential units aeated tryO r <br /> Issued NMI .flroita <br /> If this Ise petition for personal property tax abe Dtmen!,has _ <br /> the equipment been Installed No MREE4rs.r c:''v'LER <br /> CITY CL.EP1 5O STH SEND,IN <br /> Ilnvestrtent Details <br /> I _ <br /> Pubic Irirasiructure needs(Off. Has any 504 funding been What is the value of any equipment being purchased nWhet is the value of any equ'pment tseing <br /> site of project In dollars) received? Indiana for the project? I purchased from oat of stets for dee project? <br /> N/A No $350,000 $350,000 <br />