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Employment Impact <br /> Coast Southwest currently has 1 employee in South Bend. <br /> • Upon completion, the company intends to relocate operations from its current distribution <br /> center in Illinois to the newly built location. This will create 43 jobs over the next decade. <br /> The starting average wage in the first year will be $31.07 and is anticipated to reach <br /> $44.31 at the end of the abatement term. <br /> Abatement Qualification <br /> 1. A review of the tax abatements previously granted finds that the petitioner has not been <br /> granted or is associated with a previous abatement. <br /> 2. The property is properly zoned for the proposed project. <br /> 3. Taxes on the property have been paid in full. <br /> 4. A review of the South Bend Redevelopment designation areas finds that the property is <br /> in the River West Development Area. <br /> 5. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner meets <br /> the qualifications for a (10) ten-year industrial development real property tax abatement <br /> under Division 7 (Industrial Development Real Property Tax Abatement), Section 2-82 <br /> (Industrial Development City-Wide General Standards). <br /> 2 <br />