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24-11 Declaratory Resolution- Personal Property Tax Abatement Steel Warehouse, LLC 2803 Tucker Drive and 2920 Tucker Drive
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24-11 Declaratory Resolution- Personal Property Tax Abatement Steel Warehouse, LLC 2803 Tucker Drive and 2920 Tucker Drive
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Filed in Clerk's Office <br /> APR 0 3 2024 <br /> Bjanra Tirado <br /> City of South Bend Instructions:Complete pages 1-3 City C Outh Bend, IN <br /> AND the proper Form 5B-1 for <br /> Petition for Incentives y., <br /> the type of abatement(real <br /> property or personal property) <br /> Petition must include a$250 filing fee payable to the for which you are applying. <br /> "City of South Bend"before processing can be complete <br /> General Information Project Name I I Project Number <br /> Legal name as registered with <br /> Secretary of State Steel Warehouse Company, LLC <br /> Business structure Limited Liability Company <br /> Company website <br /> Proposed Project Information <br /> Proposed project address 2722 W Tucker Drive Parent company name Lerman Holding Co. Inc. <br /> City,State,Zip South Bend, IN 46619 Legal owner <br /> Site acreage or acreage required Is the real estate owned <br /> or leased? Owned <br /> Square feet of fadlity <br /> 30,852 If leased,by whom? <br /> Primary Contact Information <br /> Primary company contact name Gerald F Lehman Title President <br /> Address of company contact 2722 Vt/Tucker Drive Phone 574-236-5100 <br /> City,State,Zip t South Bend, IN 46619 Email gerryl@steelwarehouse.net <br /> Senior Official Information <br /> Company senior official name Randy Parsons Title General Manager- North Division <br /> Address of company contact Phone <br /> (If different from above) 574-236-5100 <br /> City,State,Zip f Email <br /> randyp©steelwarehouse.net <br /> Consultant Information/Agent <br /> Hired business consultant/agent name Consultant release?(Y/N) <br /> Address Local economlcdevelopment partners <br /> approval?(Y/N) <br /> City,State,Zip Email <br /> Project Overview <br /> Brief description of your <br /> company,project,and why the This project involves an investment of over$14 million to replace older <br /> property Isnecessaryfor leveling technology with state of the art equipment, together with erection of <br /> economic growth <br /> a 30,852 square foot building to house the new equipment, and new <br /> material handling equipment to service the new leveling line. It is believed <br /> that the Project, when completed, will make the taxpayer among the most <br /> competitive producers/processors in the industry, through its improvements <br /> in both quality and productivity. The taxpayer expects that this will, in turn <br /> create new opportunities to significantly expand its South Bend business <br /> and operation, resulting in greater employment at every level, including <br /> machine operators, support personnel, engineering and technical services, <br /> material handling, sales, clerical functions and supervisors. <br /> Certified Technology Park appropriate <br /> Is the project in a Tax Incremental Financing <br /> (rIF)area? if so,which? <br /> Have Building Permits been Issued?(Y/N) Number of residential unit seated by I0 <br /> [Note-Not eligible for abatement if Yes! N protect <br /> IIf this is a petition for personal property tax abatement,has <br /> the equipment been installed? N <br /> iInvestment Details <br /> Public Infrastructure needs I Has any SO4 funding been What Is the value of any equipment being purchased In What Is the value of any equipment being <br /> (Off-site of project In dollars) received? Indiana for the project? purchased from out of state for the project? <br /> No , $50,000.00 $9 million <br />
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