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4773-19 Molding Products Confirming Personal Property Tax Abatement
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4773-19 Molding Products Confirming Personal Property Tax Abatement
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5/20/2019 9:27:45 AM
Creation date
5/16/2019 12:28:14 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/13/2019
Ord-Res Number
4773-19
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New Project Investments <br /> Calendar Year 2019 2020 2021 2022 2023 2024 2025 2026 <br /> Land Acquisition $12,000 00 S 12,000 00 $12,000.00 S 12,000 00 $12,000 00 5 12,000 00 $12,000 00 S 12,000 00 <br /> Building Lease Payments <br /> Building Purchase Costs <br /> New Building Construction S 4,400,000 00 <br /> Existing Building Improvements <br /> New Machinery&Equipment S 5,000,000 00 <br /> Special Tooling/Retooling <br /> New Furniture/Fixtures <br /> New Computer/IT Hardware <br /> New Software S 50,000 00 <br /> On-site Rail Infrastructure <br /> On-site Fiber Infrastructure <br /> TOTAL S 9462,000 rr, $12,000.00 $12,000 00 $12,000.00 $12,000.00 $12,000.00 $12,000.00 $12,000.00 <br /> Full-Time Permanent Indiana-Resident Positions by Calendar Year <br /> Calendar Year Jobs retained Total hourly Cumulative ft of net NEW full time Hourly average wage,w/o Total training Total p to be <br /> wage w/o permanent jobs created at project benefits or bonuses,of expenditure- trained-not <br /> fringe or cumulative net new jobs not cumulative <br /> bonuses cumulative <br /> 2019 45 518/Hr-575,000 7 $18/Hr-$75,000 $5,000 7 <br /> 2020 8 $18/Hr-$75,000 $6,000 8 <br /> 2021 5 $18/Hr-$75,000 $4,000 5 <br /> 2022 <br /> 2023 <br /> 2024 <br /> 2025 <br /> 2026 <br /> 2027 <br /> 2028 <br /> 2029 <br /> 2030 <br /> Provide hourly wage information for new employees in the following positions. <br /> Full time Part time <br /> Laborers 15 <br /> Technical <br /> 5 <br /> Managerial <br /> Administrative <br /> Who will be the individual responsible for coordinating with <br /> WarkOne on recruiting? Neal Hinds <br /> Does your company have an EEO hiring policy? Yes Are you an EEO employer? Yes <br /> Please list the number of full time and part time minority and/or female employees for each of Please describe your commitment to <br /> the last three years: diversity and inclusion by detailing your <br /> outreach and recruitment efforts for the last <br /> Year 2016 2016 2016 <br /> three years as well as current policies. <br /> Full Time Part Time Full Time Part Time Full Time Part Time <br /> Black 12 14 15 Molding Products is an Equal Opportunity <br /> Hispanic Employer II's policy to comply with those laws <br /> 3 2 3 in all respects Therefore,it's a violation of <br /> Company Policy to discriminate against an <br /> Asian 1 1 1 individual unlawfully because of any of the <br /> following:Race,Color,Religion,Sex,or <br /> Indian 1 National oriyin,Disabi6ly,Age and any other <br /> status protected by law This policy also <br /> Female 3 3 4 applies to hiring compensation and all other <br /> terms,conditions,and privileges of <br /> Other employment <br />
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