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South Bend Redevelopment Commission <br />Regular Meeting - June 18, 1993 <br />6. NEW BUSINESS (Cont.) <br />h. Commission approval requested for <br />Resolution No. 1167 appr9ying an application <br />for personal property tax deduction for <br />property located at 251 E. Sample Street in <br />the South Bend Central Development Area. <br />( Ziker Cleaners) <br />Mrs. Kolata noted that 6.h. and 61 are both <br />related to Ziker Cleaners' tax abatement <br />petition. <br />Mr. Beitzinger read the tax abatement report. <br />Ziker Cleaners, a full- service cleaning and <br />dry cleaning business, also operates a <br />uniform rental operation. They propose to <br />construct a 10,000 - 20,000 square foot <br />addition to the existing building and add new <br />washers, dryers, and a state -of -the -art water <br />filtration/conservation system. The total <br />estimated cost of the new building is <br />$250,000 and the estimated cost of the new <br />equipment is $500,000. The project will <br />create five new permanent full-time jobs, <br />representing a total annual payroll of <br />$100,000. The project will also maintain one <br />hundred and thirty-five existing full-tune and <br />part-time jobs representing an annual payroll <br />of $2,500,000. <br />Mr. Beitzinger noted that Ziker Cleaners was <br />granted a three -year real property tax <br />abatement and a five -year personal property <br />tax abatement in 1989. The personal <br />property abatement was subsequently denied <br />by the State Board of Tax Commissioners <br />due to an interpretation of the manufacturing <br />equipment. <br />C -8- <br />