Laserfiche WebLink
0458'" <br />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 />BILL NO. 20-13