Bill No. 22-48 Confirming the Adoption of a Declaratory Resolution Steel Warehouse Tax Abatement

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July 6, 2022 Memorandum to :Files Subject :Cold Reducing Mill Enhancement Project Steel Warehouse Company LLC has operated a cold reducing mill in its South Bend facility for many years . In order to remain competitive in the markets that the mill serves, Steel Warehouse believes it is necessary to make enhancements to the mill , as well as to some subsidiary equipment, as set forth below: 1. Mill Entry Guides -this will include an entry guide box , to assist threading the steel strip into the mill and to pro vi de back tension on the payoff pass . It will also include new mounting arrangements for the X-ray Gauge, along with support structure and miscellaneous hardware ; entry and support structure. 2 . Mill Stand Equipment -this will include the addition of two top backup roll wipers to assist in strip cleaning , utilizing new spreader bar pods to support the new wiper assemblies. 3 . Mill Exit Equipment -this consists of new Coolant Dam , Exit Guide Box , Edge Bead Removal system , along with other as sociated equipment and exit end support structure. It will include addition of a las er type gauge for enhanced thickness control and a deflector roll wiper. 4 . Hydraulic Equipment -this will include a hydraulic valve stand for all new hydraulic functions. 5. Pneumatic Equipment -this will include valves for all pneumatically controlled functions . 6. Updated Electrical Equipment -this will include additional motors , limit switches , sensors and wiring injunction boxes for all the operation of the mill. 7. Spare Part s for all of the above. 8 . Foundation for the mill to replace the existing foundation . 9 . Enhancements to the exis ting slitting line next to the cold reducing mill. I 0 . Installation of wall partitions, to control the environment for operation of the mill from exposure to the various elements that enter the facility while the main doors are open.