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City of South Bend <br /> Petition for Incentives '' <br /> Petition must Include a$250 filing fee payable to the City Clerk's Office or online via the City's website et <br /> http://southbendln.gov/government/content/tmr•obotement before processing con bit complete <br /> General Information Project Name Project Number IEDC#420573 <br /> Legal name as registered with Secretory of Grace Steel Corporation (Adding Grace Steel, LLC in coming days with Tax FEIN) <br /> State <br /> 9ua;nes svuaure Grace Steel LLC would be Joint Venture with Steel Warehouse (Female Owned) <br /> Company website G--t C S �r- 04 <br /> www.gracesteelservice.com r �s Ct. <br /> Propoied Project Information <br /> propostdproject aridness 2920 West Sample St Parentron,panynarn Grace Steel Corporation <br /> Gty.Stele,Zip South Bend, IN 46619 legal Pam Andre(Female owned) <br /> =age is the rea I estate owned or Would be Owned <br /> to fwd <br /> Square . t of facility 73,000 If leased by whom <br /> Prima y Contact Information <br /> Primary company contact name David Andre Title President <br /> Addressor comps nyeented 21601 Durham Way Phone 574-536-2445 <br /> Por,sta F,zip Bristol, IN 46507 `mal davldandre@gracesteelservice.com <br /> Senior Official Information <br /> Crimper*senior official name Same as above tiC5 <br /> Address afcompany contact UIthfferentirom Ienc r Ir <br /> abovel <br /> City,Sta e,Zip Era,l -"- <br /> Consu¢tant Information/Agent <br /> Hired Wiriness con;u!tan Vagant name RSM US LLP/Eric Levenhagen Consultant'elfafe(YIN) Y <br /> Address local economic dove <br /> 9225 Priority Way W Drive#300 development partners <br /> aouroval(VN <br /> � <br /> City,sea k zip Indianapolis, IN 46240 <br /> Project Overview <br /> Brief de*ription of you: <br /> compan .project,and why the Grace Steel has outgrown its existing facility 10,000 sq ft in Mishawaka, IN as a <br /> proper-Nis necessity for 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 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 Palk appropriate Filed in Clerk 8 Office <br /> No <br /> is the prtk;ect In a Tar Incremental D'nancing Yes (Sample Street Corridor) <br /> rF1arts?Ifs°,ksh,cn? <br /> Certify titin the Building Permit has not been Number of residential units created by I O <br /> Issued POW trains <br /> if this eta petition for p. octal property tax abatement,has <br /> No <br /> the equipment been Installed i�n�tEE9r,r r s`r'tNLEB <br /> CITY CLEF-47 SC'!Til SEND,IN <br /> Investment Details <br /> Public Irdrastruct„re needs(Off- Has any S(}t funding been what is the value of any i`su,nment biting purchased in What is the value of any equ 1pment Peens <br /> site if project la donors) received? Indiana for the project? purchased from oat of stela forte project? <br /> N/A No $350,000 $350,000 <br />