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Confirming Tax Abatement - EW Marine Inc. DBA Indiana Rotomolding Inc. 3300 N. Kenmore (5 Yr. Personal Property)
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Confirming Tax Abatement - EW Marine Inc. DBA Indiana Rotomolding Inc. 3300 N. Kenmore (5 Yr. Personal Property)
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12/3/2012 11:15:11 AM
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12/3/2012 11:15:06 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
11/26/2012
Ord-Res Number
4218-12
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CITY OF SOUTH BEND PETITION FOR TANGIBLE <br /> PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION <br /> The undersigned owner(s) of new manufacturing equipment, new research and <br /> development equipment, new logistical distribution equipment and/or new information <br /> technology equipment, all personal property, located within the City of South Bend, <br /> hereby petition the Common Council of the City of South Bend for personal property <br /> (new manufacturing equipment, new research and development equipment, new <br /> logistical distribution equipment and/or new information technology equipment) tax <br /> abatement consideration and pursuant to I.C., 6-1.1-12.1, et seq., and South Bend <br /> Municipal Code Section 2-84.2, et seq., for this petition state the following: <br /> 1. Describe the proposed project, including information about the new personal <br /> property identified as manufacturing, research and development, logistical <br /> distribution and/or information technology equipment ("Equipment") to be installed, <br /> the amount of land to be used, if any, the proposed use of the Equipment, and a <br /> general statement as to the importance of the project to your business. <br /> Additional Rotational Molding Equipment needed to produce parts for a <br /> new customer. A 25,000 square foot building expansion is underway to <br /> house new equipment. This project is critical to our long-term success. <br /> 2. The project will: (a) create 20 permanent, full-time and 0 permanent, part- <br /> time jobs within the first year, representing a new annual payroll of$ 900,000 <br /> and (b) maintain 70 existing, permanent, full-time and 0 existing, <br /> permanent, part-time jobs representing an annual payroll of$ 2,500,000 for <br /> existing employees. <br /> 3. Provide current wage information for existing employees including: base rate, cost- <br /> of-living allowances, hazardous-duty pay, incentive pay including commissions and <br /> production bonuses, on-call pay and tips (please show average hourly rate or <br /> range). Do Not Include: back pay, jury duty pay, overtime pay, severance pay, <br /> shift differentials, non-production bonuses, and tuition reimbursements. <br /> Full-Time Part-Time <br /> Laborers $ 11 -$16 hr $ n/a <br /> Technical $ 15-$18 hr $ n/a <br /> Managerial $ $45k-$70k $ n/a <br /> Administrative $ 40k $ n/a <br /> (Rev. 5/13/11) 1 <br />
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