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EMPLOYMENT IMPACT <br />Per this petition, it is estimated that the company will: <br />➢ Create twenty (20) permanent full-time jobs representing a total annual payroll of <br />$748,800. The estimated hourly average wage is $18. <br />ABATEMENT QUALIFICATION <br />1. A review of the tax abatements previously granted, finds that the petitioner has <br />been granted two tax abatements. <br />a. 7-Y Real Property — Confirming Resolution #4673-17 <br />b. 5-Y Personal Property — Confirming Resolution# 4677-17 <br />2. The Area Plan Commission has reviewed the petition and finds the property to be <br />properly zoned for the proposed project. <br />3. A review of the South Bend Redevelopment designation areas finds that the property <br />is located in the River West Development Area. <br />4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner <br />meets the qualifications for a seven (7) year real property and five (5) year personal <br />tax abatements under section 2-82.1, Industrial development in Urban Enterprise <br />Zone and Redevelopment Blighted Areas, and section 2-84.2, Tangible Personal <br />Property Tax Abatement. <br />