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Confirming Tax Abatement - 3445 William Richardson Drive - Lake Michigan Mailer, Inc (Jade Elephant Holding, LLC)
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Confirming Tax Abatement - 3445 William Richardson Drive - Lake Michigan Mailer, Inc (Jade Elephant Holding, LLC)
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Last modified
9/12/2012 10:06:58 AM
Creation date
4/17/2008 1:58:44 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
3/10/2008
Ord-Res Number
3842-08
Bill Number
08-21
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• Team Leader (Full- Time): $35,000.00 <br />• Lead Operator — MLOCR (Full- Time): $28,000.00 <br />• Mail Processor (Part- Time): $12,300.00 <br />• Mail Processor — Route Driver (Full- Time): $21,800.00 <br />• Account Executive (Full- Time): $40,000.00 <br />3. Estimate the total cost of the Equipment: <br />LMM anticipates making the following investment in manufacturing and <br />information technology equipment in the 24 months following the granting of a <br />tax abatement for tangible personal property. The equipment described in this <br />petition is detailed in Exhibit D attached hereto. <br />Manufacturing Equipment: $1,139,173.00 <br />Information Technology Equipment: $11,700.00 <br />Logistic Distribution Equipment: $66,000.00 <br />4. (a) The Equipment is owned or to be owned by the following individuals or <br />corporations (if the business organization is publicly held, indicate also the name <br />of the corporate parent, if any, and the name under which the corporation has <br />filed with the Securities and Exchange Commission): <br />Pending the granting of the tax abatement, the equipment will be owned by Lake <br />Michigan Mailers, Inc, whose corporate address is as follows: <br />Lake Michigan Mailers, Inc. <br />3777 Sky King Blvd <br />Kalamazoo, MI 49009 <br />Lake Michigan Mailers, Inc. is owned as follows: <br />Robert J. Rhoa <br />2329 Riverside Pointe Drive <br />Saint Joseph, MI 49085 <br />Ownership of Lake Michigan Mailers, Inc.: 60% <br />Karen Rhoa <br />2329 Riverside Pointe Drive <br />Saint Joseph, MI 49085 <br />Ownership of Lake Michigan Mailers, Inc.: 30% <br />David Rhoa <br />25880 Trestle Creek Ave <br />Mattawan, MI 49071 <br />Ownership of Lake Michigan Mailers, Inc.: 10% <br />(Revised 8/2/02) <br />
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