19-20 Chase Plastics Designating Personal Property Tax Abatement

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Filed in Clerk's Office I � ?''''',•,-.:-A � 4,� STATEMENT OF BENEFITS i MAR 2 5 2019 FORM 58-1 /PP -A PERSONAL PROPERTY a,.•.y Stats Form 51764(R4111-15) r- - Prescribed by the Department of Local Government FIMnce ht'`'`r ' r ?`` �' PRIVACY NOTICE rlT'r CLERK,SOUTH BEND,i ' Any Information concerning the cost -- - • of the property and specific solaria.)paid to individual employees by the property owner Is Conildenital per IC:6-r.1-12.1.5.1. INSTRUCTIONS 1, This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires Information from the applicant In making Its decision about whether to designate en Economic Revitalrzotion Area. Otherwise this statement must be submitted to the designating body BEFORE a person installs the new manufacturing equipment and/or research and development equipment,and/or logistical distribution equipment and/or Information technology equipment for which the person wishes to claim a deduction. 2. The statement of benefits form must be submitted to the designating body end the area designated an economic revitalization area before the installation of qualifying abatable equipment for which the person desires to claim a deduction. 3. To obtain a deduction,a person must file a certified deduction schedule with the person's personal property return on a certdied deduction schedule (Form 103-ERA)with the township assessor of the township where the property Is situated or with the county assessor,them is no township assessor for the township. The 103-ERA must bo flied between January 1 and May 15 of the assessment year In which new manufacturiny equipment and/or research and development equipment and/or logistical distribution equipment and/or Information technology equipment/s installed end fully functional,unless a filing extension has been obtained. A person who obtains a filing extension must life the famr between January 1 and the extended due date of that year. 4. Property owners whose Statement of Benefits was approved,must submit Form CF-1/YP annually to show compliance with the Statement of Benefits, (IC 6.1.1-111-5.6) 5. For a Form SB-1/PP that is approved after Juno 30,2013,fhe Ueslgnairlg body Is required to establish an abatement schedule for each deduction ailowed Fora Form S8-1/PP that Is approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect. (IC 6-1.1-12.1-17) f SECTiON 1 TAXPAYER INFORMATION Name of taxpayer Nemo of cantectperaon ! Chase Plastic Services, Inc, Lacie Andrew Address cf taxpayer(number endstrae(cIN state,end ZIP ccdo) Telephone number 5245 Dylan Drive South Bend, IN 46628 248-630-7784 SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Nome of designating body Resolution number(s) Chase Plastic Services, Inc. Location of property I County DLGF taxing district number 5245 Dylan Drive South Bend, IN 46628 St.Joseph County Description of manufacturing equipment and/or research and development equipment ESTIMATED and/or logistical distribution equipment and/or Information technology equipment. START DATE COMPLETION DATE (Use additional sheets it necessary) Manufacturtng Equipment R a D Equipment Racking, Forklifts, Computer technology and material handling equip LogtatDiet Equipment May 2019 March 2020 IT Equipment May 2019 March 202 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT Currentcumber Seisms Number retained Salaries Number additional Satanic. 18 $847,000 18 3847,000 13 $520,000 SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT NOTE:Pursuant to IC 6-1.1-12,1-6.1(d)(2)the MANUFACTURINGR&D EQUIPMENT LOGIST DIST IT EQUIPMENT EQUIPMENT EQUIPMENT COST of the property Is confidential. COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED VALUE VALUE VALUE VALUE Current values •• I, II Plus estimated values of proposed project $608;,0 t■ $9b,UUU Less values of any properly being replaced Net estimated Values upon completion of project I o maw SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER EstImatedsolld waste converted(pounds) Estimated hazardous waste converted(pounds) Other benefits: SECTION 6 TAXPAYER CERTIF!CATION I hereby certify That the representations in this statement am true. Slpnelyregaullar+zad r en 'vn-----� Date atgne4(month,dolt year) �. 31z. 9 print a of au zed repreaeen ve Y_`?)e- 1--k..1--r. I TM IRs rwL'� "fr6s i—te� C, Page 1of2 I