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02-25-08 Council Meeting Agenda & Packet
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02-25-08 Council Meeting Agenda & Packet
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2/21/2008 1:19:10 PM
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2/21/2008 1:19:07 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
2/25/2008
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,~ , <br />• Team Leader (Full-Time): $35,000.00 <br />• Lead Operator - MLOCR (Full-Time): $28,000.00 <br />• Mail Processor (Part-Time): $12,300.00 <br />• Mail Processor -Route Driver (Full-Time): $21,800.00 <br />• Account Executive (Full-Time): $40,000.00 <br />3. Estimate the total cost of the Equipment: <br />LMM anticipates making the following .investment in manufacturing and <br />information technology equipment in the 24 months following the granting of a <br />tax abatement for tangible personal property. The equipment described in this <br />petition is detailed in Exhibit D attached hereto. <br />Manufacturin Equipment: ~ $1,139,173.00 <br />9 <br />Information Technology Equipment: $11,700.00 <br />Logistic Distribution Equipment: $66,000.00 - <br />4. (a) The Equipment is owned or to be owned by the following individuals or <br />corporations (if the business organization is publicly held,-indicate also the name <br />of the corporate parent, if.any, and the name. under which the corporation has <br />filed with the Securities and Exchange Commission):. <br />Pending the granting'of the tax abatement, the equipment will be owned by Lake <br />Michigan Mailers, Inc, whose corporate address is as follows: <br />Lake Michigan Mailers, Inc. <br />3777 Sky King Blvd <br />Kalamazoo, MI 49009 <br />Lake Michigan Mailers, Inc. is owned as follows: <br />Robert J. Rhoa <br />2329 Riverside Pointe Drive <br />Saint Joseph, MI 49085 <br />Ownership of Lake Michigan Mailers, Inc.: 60% <br />. Karen Rhoa <br />2329 Riverside Pointe Drive <br />Saint Joseph, MI 49085 <br />.Ownership of Lake Michigan Mailers, Inc.: 30% <br />David Rhoa <br />25880 Trestle Creek Ave <br />Mattawan, MI 49071 <br />Ownership of Lake Michigan Mailers, Inc.: 10%. <br />(Revised 8/2/02) ~ ~ <br />
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