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Filed in Clerk's Office <br /> JUL 0 5 2023 <br /> «,,�,,•,,� STATEMENT OF BENEFITS DAWN M.JONES FORM SB-1 'PP <br /> y - 'i PERSONAL PROPERTY CITY CLERK,SOUTH BEND,IN <br /> x' i State Form 5175d(R5 i 1-21) PRIVACY NOTICE <br /> � � Prescribed by the Department of Local Government Finance Any information concerning the cost <br /> of the properly and speofic salares paid <br /> to individual employees by the property <br /> owner is confidential pet IC 6-1.1-12.1-5.1 <br /> INSTRUCTIONS <br /> I This srateinent must he submitted to the body designating rim Economic Revitalization Area prior to the public hearing if the designating body requires <br /> information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be <br /> submitted to the designating body BEFORE a person installs the new manufacturing equipment and/or research and development equipment,and/or <br /> logistical;lrstnbuuon equipment and/or information technology equipment for which the person wishes to claim a deduction <br /> 2 The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the installation of <br /> qualifying abatable equipment for which the person desires to claim a deduction <br /> 3 To octain a deduction.a person must file a certified deduction schedule with fuse person's personal property return on a certified deduction schedule <br /> (Form 103-ERA)with the township assessor of the township where the property is situated or with the county assessor it there is no township assessor for <br /> the township The 103-ERA must be hied between January 1 and May 15 of the assessment year in which new manufacturing equipment and/or research <br /> and development equipment and/or logistical distribution equipment and/or information technology equipment is installed and fully functional unless a filing <br /> extension has heen obtained A person who obtains a filing extension must file the form between January 1 and the extended due date of that year <br /> 4 Property owners whose Statement of Benefits was approved,must submit Form CF-1/PP annually to show compliance with the Statement of Benefits <br /> (1C 6-1 1-12 1-5 6, <br /> 5 For a Form SB-1/PP that is approved after June 30.20.13 the designating body is required to establish an abatement schedule for each deduction allowed. <br /> For a Form SB-1/PP that is approved prior to July 1.20+3 the abatement schedule approved by the designating body remains in effect 'IC 6-1 1-12 I-17) <br /> SECTION 1 TAXPAYER INFORMATION <br /> Name of taxpayer Name of contact person :nRegan <br /> Crossroads Solar Enterprises LLC First Milne. Patrick LodNac <br /> Address of taxpayer Telephone number Cor.,d <br /> .,m,I,,..-4,V,, 1901 N. Bendix Dr South Bend 0:,1x IN sir 46628 (607)759-1058 ......r-.....--.. <br /> SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT <br /> Name of designating body Resolution number(s) <br /> Common Council of the City of South Bend <br /> Location of property County DLGF taxing district number <br /> V,1➢b[ chit,,R01- <br /> 1901 N. Bendix Dr (“r South send st,.:,-IN z, 46E28 St.Joseph 026(South Bend-Portage) <br /> Description of manufacturing equipment and/or research and development equipment ESTIMATED <br /> and/or logistical distribution equipment and/or information technology equipment. START DATE COMPLETION DATE <br /> !Use addhttonal sheets if necessary! <br /> The equipment is a fully automated solar panel assembly Manufacturing Equipment <br /> line. It will include a laminator, sun simulator, framing, R&D Equipment <br /> /soldering unit and numerous conveyors. This equipment <br /> will increase our productive capacity by 4X. Logist Dist Equipment <br /> IT Equipment <br /> SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT <br /> Current Number 1 Sward.' Q 582 4�0 Number Retained 14 Salaries 582,4�� Number Additional 15 Salaries 750,000 <br /> SECTION 4 J ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT <br /> NOTE:Pursuant to IC 6-1.1-12.1-5.1(d)(2j the MANUFACTURING R&D EQUIPMENT EQUIPMENT IT EQUIPMENT , <br /> EQUIPMENT <br /> COST of the property is confidential. COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED <br /> VALUE VALUE VALUE VALUE <br /> Current values $o <br /> Plus estimated values of proposed project $1.000000 <br /> Less values of any property being replaced 5 0 <br /> Net estimated values upon completion of protect 5'On7.i,o0 $0 $0 $0 $0 I $'' $0 $0 <br /> SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER <br /> Estimated solid waste converted ipou,uis) 0 i estimated hazardous waste converted(pounds) 0 <br /> Diner benefits. <br /> — <br /> SECTION 6 TAXPAYER CERTIFICATION <br /> i I hereby dy that th• representat this statement are torr <br /> Sign.tur or autho' ed• pies live Dale sig d condi day year) <br /> bd`P -i , 7 / i-306,- <br /> P- <br /> - .I-n n,.te of outhunted ewes . :tie, Title <br /> Page 1 of 2 <br />