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0458�'"� MAY n 6 2020 <br /> PEACEra <br /> CI)1'CL.LIiK, SOUTH BEND,IN <br /> 1865 <br /> CITY OF SOUTH BEND <br /> COMMUNITY INVESTMENT <br /> May 6, 2020 <br /> Council Member Jake Teshka, Chairperson <br /> Community Investment Committee <br /> South Bend Common Council <br /> 4th Floor, County City Building <br /> South Bend, IN 46601. <br /> RE: Personal Property Tax Abatement Petition for: Bamar Plastics, Inc. <br /> Dear Council Member Teshka: <br /> Please find the attached information pertaining to a personal property tax abatement petition submitted <br /> by a woman-owned business, Bamar Plastics, Inc. to purchase the new manufacturing equipment for a <br /> facility located at 1702 Robinson Street, South Bend, IN 46613.The company,which has primarily served <br /> the automotive industry, is expanding into medical device manufacturing.This petition package includes: <br /> ➢ Department of Community Investment's summary report <br /> ➢ Petition <br /> ➢ Statement of Benefits Personal property form <br /> > Supporting information <br /> The report contains the Department's findings relative to the petition. The petitioner proposes to <br /> purchase the new manufacturing equipment with estimated cost of $647,000. A representative from <br /> Bamar Plastics will be available to meet with the Committee on Monday, May 11, 2020. <br /> Should you or any of the other Council members have any questions concerning the report, or need <br /> additional information, please feel free to email or me at dbuckenm@southbendin.gov. <br /> Sincerely, <br /> Daniel J. Buckenmeyer <br /> Director, Business Development <br /> D.\IEI.J.BUCKEN\[EYF.R ALKEVNA ALI)RIDGE PAMELA MEYER t`IM C:ORCORAN <br /> BUSINESS DEVELOPMENT ENGAGEMENT&ECONOMIC EMPOWERMENT NEIGHBORHOOD DEVELOPMENT PANNING&CO\I\[UN!I V RESOURCES <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 14005 County-City Building 227 W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 www.southbendin.gov <br />