19-21 Chase Plastics Confirming Personal Property Tax Abatement

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I Filed in Clerk's Office +="! STATEMENT OF BENEFITS MAR 2 5 2019 ; �� FORM 58-1 )PP Qjli,)i. PERSONAL PROPERTY Stela Form 61764(R4/11-15) L' •Prescribed by the Department of Local Government Ft nee h - " ' ' �— PRIVACY NOTICE ,,,— (-Try CLERK,SOUTH(?END,I.1 iAny Information concerning the coat of the property end spathe Wanes paid to Individual employees by the property owner Is confidential per IC 6-1.1-12.1-6.1. INSTRUCTIONS y, This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing U the designaing body requires Information from the applicant in making Its decision about whether to designate an Economic Revitalization Area. Othorw'se this statement must be submitted to(he 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 and the area designated an economic revitalization area before the installation of qualifying abatable equipment for which lire person desires to claim a deduction. 3. To obtain a deduction,a person must Pie a certified deduction schedule with the person's personal property return on a certified deduction schedule (Form 103-ERA)with the township assessor of the township where the property Is situated or with the county assessor if there is no township assessor for the township. The 103-ERA must bo filed between January 1 and May 15 of the assessment year In which new manufacturing equipment and/or research and development equipment and/or logistical distribution equipment and/or Information technology equipment is Installed end fully functional,unless a filing extension has been obtained. A person who obtains a filing extension must file the form between January 1 end the extended due date of that year. 4. Properly owners whose Statement of Benefits was approved,must submit Form CF-1/PP annually to show compliance with the Statement of Benefits, (IC 6.1.1-12.1-5.6) 5. Fore Form SB-1/PP that Is approved alter June 30,2013,the designating body Is required to establish an abatement schedule for each deduction allowed. Fora Form SB-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) SECTION 1 TAXPAYER INFORMATION Name of taxpayer Name of contact person Chase Plastic Services, Inc. Lacie Andrew Address of taxpayer(number end street diy,state and ZIP colo) Telephone number 5245 Dylan Drive South Bend,IN 46628 248-620-7784 SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of deslanettng body Resolution number(a) Chase Plastic Services, Inc. Locates of property 1 County DLGF taxing district number 5245 Dylan Drive South Bend, IN 46628 St. Joseph County Description of manufacturing equipment andior research and development equipment ESTIMATED and/of logistical distribution equipment and/or Information technology equipment. START DATE COMPLETION DATE (Use additional sheets if necessary.) Manufacturing Equipment R&D Equipment Racking, Forklifts, Computer technology and material handling equip Loglat Diet Equipment May 2019 March 2020 IT Equipment May 2019 March 202 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT Current number Salarius Number reia'ned Satares I Numter eddIUonal Salaries 18 $847,000 18 $847,000 3 $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 Vl1LUE VALUE VALUE VALUE Current values $830,15! $59,485 Plus estimated values of proposed project $608,U00 •y5,000 Less values of any property being replaced Net estimated Values upon completion of protect 1,430.1' p I D4,9dD SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds) Other benefits: SECTION 6 TAXPAYER CERTIFICATION I hereby certIfy that the representations In this statement are true. Slgnetyrertrauthdnzed r ntatve----_ Date signed(month,day year) lam. P P �� 3 2-1-MPdnlgd_na o of au dzed ra rceen ave Tlu r C =,�Esz�- 1,-orF .�rr..�t< i,cs )-(1 c. Pagel oft