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HomeMy WebLinkAboutConfirming Tax Abatement - EW Marine Inc. DBA Indiana Rotomolding Inc. 3300 N. Kenmore (5 Yr. Personal Property) RESOLUTION 4218-12 Passed by the Common Council of the City of South Bend, Indiana November 26, 12 20 Attest: C" • .i City Clerk Attest: ! ._,.President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana November 27, 20 12 City Clerk Approved and signed by me /1/61/ 1418f 21 20 i L Mayor RESOLUTION NO. Lt Z� ` A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3300 N. Kenmore AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE YEAR PERSONAL PROPERTY TAX ABATEMENT FOR EW Marine, Inc. DBA Indiana Rotomolding, Inc. WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 3300 N. Kenmore, South Bend, Indiana, and which is more particularly described as follows: 5/855 Ac Tract E of Kenmore NE 14 NE 14 Sec 28-38-2e and which has Key Number 025-1010-038518, be designated as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for ,the purposes of tax abatement. Such designation is for Personal property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Personal property tax deduction for a period of five (5) years, and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et seq. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. / .1 ..itt Member of e Common Council Filed In C, office NOV z 2012 I PRESENTED l l-2,b -1 L CITY CLERK . FE. -�3 h BEND,IN NOT APPRO VE>; rNDOPTCn l '-L- 1200 Co UNTY-CITY BUILDING ,"4 2 PHONE 574/235-9371 227 W.JEFFERSON BOULEVARD �. ' i FAx 574/235-9021 ?. �\PEACE// SOUTH BEND,INDIANA 46601-1830 '.f+ ;± a�'; 1865 "'' CITY OF SOUTH BEND PETE BUTTIGIEG,MAYOR COMMUNITY & ECONOMIC DEVELOPMENT October 31, 2012 Council Member Henry Davis, Chairperson Community& Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Commercial Personal Property Tax Abatement Petition for: EW Marine, Inc DBA Indiana Rotomolding, Inc. Dear Council Member Davis: Attached please find the Department of Community & Economic Development's report on a personal property tax abatement petition from the above petitioner, for the purchase of equipment located at 3300 N.Kenmore.Also attached is a copy of the petition,Statement of Benefits form,and supporting information. The report contains the Department's findings relative to this petition. The petitioner,EW Marine, Inc. DBA Indiana Rotomolding, Inc. proposes to purchase equipment which will cost$1,000,000. The Petitioner is seeking a five year personal property tax abatement for the equipment. A representative of the petitioner will be available to meet with the Committee on Monday,November 12, 2012. Should you or any Council member have questions concerning the report,please contact me at 235- 5836. Sincerely, ,C )4/1",...&4eiry--- David Relos Economic Development Specialist Attachments cc: South Bend Common Council Members Mayor Pete Buttigieg Don Inks COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT PAMELA C.MEYER DONALD E.INKS 574/235-9660 574/235-9371 FAX: 574/235-9469 TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: DAVID RELOS SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: EW MARINE, INC. DBA INDIANA ROTOMOLDING, INC. DATE: October 31, 2012 On October 29, 2012, a petition for personal property tax abatement consideration for property located at 3300 N. Kenmore was filed with the City Clerk by EW Marine, Inc. DBA Indiana Rotomolding, Inc. Pursuant to Chapter 2,Article 6, Section 2-82 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Community and Economic Development for purposes of investigation and preparation of a report,to determine whether the area qualifies as an Economic Revitalization Area pursuant to I.C.6-1.1-12.1, and that all zoning requirements have been met. The Department of Community and Economic Development has reviewed the petition,investigated the area, and makes the following report. PROJECT SUMMARY EW Marine, Inc. DBA Indiana Rotomolding, Inc. is a custom plastic processor utilizing the rotational molding process to manufacture yellow crash barrels for highway safety,along with a wide variety of other small and large hollow products which are shipped up to 800 miles away. EW Marine,Inc.DBA Indiana Rotomolding intends to purchase equipment in the amount of$1,000,000 to complement current equipment in order to support client demands and higher volume. Being located at 3300 N. Kenmore, EW Marine, Inc. DBA Indiana Rotomolding is in German Township. Using German Township's tax rate,during a five(5)year abatement period,total taxes being abated are estimated at $15,039. Total taxes being paid are estimated at $168,072. 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O a C 75 i to C U M .4' 1.0 CO ti 0) C r C 00000 7 C6 L � U >- N N N N N N > m .6 o o C>6 C>6 >, CC CC to N N � � a o °oo aaaaa Y -0 � ? Q CT ° ° m N CD F- C m Y C a Oi o E 0 = X C C N U HUW m To o w N >,T N C .a 0 o -0 C j O @ -.- Q co (6 N N E cu 0 L a) > > ? C) ( (X6 @ X C) fl- 03 O Y C V N a > o - ~ C N U m m m u� Q co -co C co w X m (/) 0) 0) C/) 0) N X m >• 0) N cn 0 Q C .-, ~ co U C) V .0" IX QQ wID a` 8 x Ez m000 c E Q a' aQ E N0 .- Cn Ill In U m -J < 0 U CITY OF SOUTH BEND PETITION FOR TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION The undersigned owner(s) of new manufacturing equipment, new research and development equipment, new logistical distribution equipment and/or new information technology equipment, all personal property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for personal property (new manufacturing equipment, new research and development equipment, new logistical distribution equipment and/or new information technology equipment) tax abatement consideration and pursuant to I.C., 6-1.1-12.1, et seq., and South Bend Municipal Code Section 2-84.2, et seq., for this petition state the following: 1. Describe the proposed project, including information about the new personal property identified as manufacturing, research and development, logistical distribution and/or information technology equipment ("Equipment") to be installed, the amount of land to be used, if any, the proposed use of the Equipment, and a general statement as to the importance of the project to your business. Additional Rotational Molding Equipment needed to produce parts for a new customer. A 25,000 square foot building expansion is underway to house new equipment. This project is critical to our long-term success. 2. The project will: (a) create 20 permanent, full-time and 0 permanent, part- time jobs within the first year, representing a new annual payroll of$ 900,000 and (b) maintain 70 existing, permanent, full-time and 0 existing, permanent, part-time jobs representing an annual payroll of$ 2,500,000 for existing employees. 3. Provide current wage information for existing employees including: base rate, cost- of-living allowances, hazardous-duty pay, incentive pay including commissions and production bonuses, on-call pay and tips (please show average hourly rate or range). Do Not Include: back pay, jury duty pay, overtime pay, severance pay, shift differentials, non-production bonuses, and tuition reimbursements. Full-Time Part-Time Laborers $ 11 -$16 hr $ n/a Technical $ 15-$18 hr $ n/a Managerial $ $45k-$70k $ n/a Administrative $ 40k $ n/a (Rev. 5/13/11) 1 4. The projected annual salary for each new position indicated in item 2 above is estimated to be as follows (Please attach a separate sheet if more space is needed): POSITION (Indicate Full time [FT] or Part time [PT]) EMPLOYMENT WAGE 15 FT Production Labor $ib,u0U avg 5 FT Quality/Admin/Supervisory WU,000 avg 5. Estimate the total cost of the new Equipment: $ 1,000,000 6. (a) The Equipment is owned or to be owned by the following individual(s) or corporation(s) (if the business organization is publicly held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): NAME ADDRESS INTEREST (%) Elkhart Plastics, Inc 3300 N. Kenmore 100% South Bend, IN 46628 (b) The following other person(s) or corporation(s) lease, intend to lease, or have an option to buy the Equipment (include corporate information as required in (6)(a) above, if applicable): NAME ADDRESS INTEREST (%) N/A 7. Give a brief description of the overall nature of the business and of the operations occurring at the location for which tax abatement is requested: Custom plastics processor using the rotational molding process. Products manufactured include highway saftey products products like yellow barrels, drill bit cases for oil and gas exploration as well as a wide variety of other small and large hollow products for a variety of industries. 8. The commonly known address of the REAL property where the Equipment is to be located is: 3300 N Kenmore St, South Bend, IN 46628 9. The Key Number(s) of said property is: 025-1010-038518 10. A legal description of the REAL property where the Equipment is to be located is attached hereto, marked "Exhibit A," and incorporated herein. 11. A map and/or plat describing the REAL property where the Equipment is to be located is attached hereto, marked "Exhibit B," and incorporated herein. (Rev. 5/13/11) 2 12. Photographs of the REAL property, taken within two (2) weeks of filing of this petition are attached hereto, marked "Exhibit C," and incorporated herein. 13. The current assessed valuation of the tangible personal property to be replaced by the new Equipment is $ N/A (This information may be obtained at the St. Joseph County Assessor's office, 235- 9523) 14. The current use of the REAL property where the Equipment is to be installed is Industrial and the current zoning is Li (This information may be obtained from the Building Department, 235-9553) 15. List the real and personal property taxes paid at the location during the previous five years, whether paid by the current owner or a previous owner: YEAR REAL PROPERTY TAXES PERSONAL PROPERTY TAXES 2008 $59,406.77 $17,634.47 2009 $57,633.39 $17,081.35 2010 $51,373.06 $14,346.62 2011 $52,713.36 $12,479.55 2012 $52,126.60 $14,918.46 (This information may be obtained from the St. Joseph County Treasurer's office, 235-9531) 16. Describe the commitment made within the past five years by your firm to hiring minority individuals, including number of minorities employed during each of the past five years, specifying whether full-time or part-time and whether permanent or temporary employees. The Petitioner shall also list the current number of total employees (full and part-time) and the current number of minority individuals (full and part-time). See commitment statement on number 20 on following page. Due to our size,we have not filed an EB01 I-orm and therefore do not have adequate historical data on minority employees. 17. Describe on-site child care or day care facilities, services or benefits currently offered or proposed to be offered by the Petitioner for children of employees. None 18. What is your best estimate of the market value of the new Equipment after installation? $ 1,000,000 19. What is your best estimate of the amount of taxes to be abated during each of the five years after installation? $ 16,666 Total (Rev. 5/13/11) 3 20. What is the commitment your firm will make to minority employment during the five years of tax abatement? We are committed to providing equal opportunity,without regard to race, color, religion, sex, sexual orientation, national origin, citizenship status, age,disability, or any other reason prohibited by law,to all qualities applicants in all of our employment practices, including but not limited to: hiring, placement, promotion,transter or demotion. I his statement is listed in our Employment HandbooK. 21. The Equipment has not been installed as of the date of filing of this petition. (The signature at the end of this Petition is verification of this statement) 22. Has your business been granted previous tax abatement(s)? If yes, please provide type (real and/or personal property), term and date of approval. (Please attach a separate sheet if more space is needed) ABATEMENT TYPE TERM DATE OF APPROVAL Real Property 4 Years January 8,2007 Real Property 3 Years October 8,2012 23. The Standard Industrial Classification (SIC) or North American Industry Classification Systems (NAICS) major group within which the proposed project would be classified, by number and description is: NAICS-326 24. The Internal Revenue Service Code of Principal Business Activity by which the proposed project would be classified, by number and description is: 326100 25. The REAL property where the Equipment will be installed is located in the following Allocation Area, if any, declared and confirmed by the South Bend Redevelopment Commission: Airport Economic Development Area 26. Other anticipated public financing for the project including, if any, industrial revenue-bonding to be sought or already authorized, assistance through the United States Department of Housing and Urban Development funds from the City of South Bend, Small Business Administration Sections 503 and 504 financing through the Business Development Corporation of South Bend, Mishawaka, and St. Joseph County, Indiana, Industrial Revolving Fund; or other public financial assistance, including but not limited to public works improvements. N/A (Rev. 5/13/11) 4 27. Describe how and why the manufacturing equipment, research and development equipment, logistical distribution equipment and/or information technology equipment to be replaced or the facility in which the Equipment will be added is currently technologically, economically or energy obsolete and how and why that obsolescence may lead to a decline in employment and tax revenues: We are adding equipment to meet increased customer demand,which will increase employment and tax revenues. 28. The new manufacturing equipment, new research and development equipment, new logistical distribution equipment and/or new information technology equipment to be installed will be used for one (1) or more of the uses listed within the definitions of New Manufacturing Equipment, New Research and Development Equipment, New Logistical Distribution Equipment and New Information Technology Equipment set forth in I.C. 6-1.1-12.1 et seq. and the Equipment was never before used by its owner for any purpose in Indiana. (The signature at the end of this Petition is verification of this statement.) 29. The following person(s) should be contacted as Petitioner's agent regarding additional information and public hearing notifications: Name: Jack Welter Address: 3300 N Kenmore St City, State, Zip Code South Bend, IN 46628 Telephone: 574-232-8066 E-mail Address: jack.welter @iri-roto.com WHEREFORE, Petitioner requests that the Common Council of the City of South Bend, Indiana, adopt a declaratory resolution designating the area described herein to be an economic revitalization area for purposes of tangible personal property tax abatement consideration, and after publication of notice and public hearing, determine qualifications for an economic revitalization area have been met, and confirm such resolution. Petitioner herein hereby verifies that the required $250.00 filing fee to cover processing and administrative costs pursuant to Section 2-84.7 of the Municipal Code of the City of Sou , :end has been paid in full. FiledIn Clerk* Name of Property Owner(s): E------ � EW Marine 66480 High Meadow Ct, Edwardsburg, IN 49112 Y . 0 Sr l 44.0",' By' C CaaRR k its (Signed Name) Jack Welter, Vice President (Typed or printed name and capacity of signor if signed by an agent or representative of the owner) (Rev. 5/13/11) 5 • EXHIBIT A-LEGAL DESCRIPTION A tract of land in part of Township 38 North, Range 2 County, Indiana, described the Northeast Quarter of Section 28,East,City of South Bend,St.Joseph as follows: • COMMENCING at the Northeast corner of Section 28; thence South 89° 48' 05" West, 966.00 feet along the North line of said Section 28; thence South 00° 00' 23" West 40.00 feet to the South boundary of Cleveland Road; thence South 89° 48' 05" West, 289.00 feet along said South boundary; thence South 44° 54' 14"West, 14.17 feet to the East boundary of Kenmore Street; thence South 00° 00'23" West, 146.76 feet along said East boundary;thence along said East boundary, Southeasterly 294.37 feet along an arc to the left, having a radius of 1869.86 feet, subtended by a long chord, having a bearing of South 04° 30' 13" East, and a length of 294,07 feet to the point of beginning of this description;thence North 89° 48' 05" East 581.88 feet; thence South 00° 00' 23" West, 472.86 feet; thence South 89° 58' 56" West, 498.99 feet to said East boundary of Kenmore Street; thence North 09° 59' 37" West, 445.88 feet along said East boundary; thence Northwesterly 31.98 feet along an arc to the right, • having a radius of 1869.86 feet and subtended by a long chord, having a bearing of North 09° 30'15" West, and a length of 31.98 feet to the place of beginning. • Subject to legal highways. • • • Flied in CIer .6 4 OCT 2 9 cO l: msword\agree\episcpi-1a■csg■jw CITY F. @ �f+ r • • 1," Indiana Rotomolding, Inc. 3300 N . 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