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24-39 Designating Resolution - 530 South Michigan Street Vacant Building Tax Abatement
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11-25-2024
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24-39 Designating Resolution - 530 South Michigan Street Vacant Building Tax Abatement
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11/20/2024 12:59:04 PM
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11/20/2024 12:59:01 PM
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New Project Investments <br /> Calendar Year 2023 2024 2025 2026 2027 2028 2029 2030 <br /> Land Acquisition <br /> Building Lease Payments <br /> Building Purchase Costs $35,000.00 <br /> New Building Construction $500,000 00 $200,000.00 <br /> • <br /> Existing Building Improvements <br /> $ 1,500.00 $500,000 00 $200,000.00 <br /> New Machinery&Equipment 5100,000.00 <br /> Special Tooling/Retooling <br /> New Furniture/Fixtures $75,000.00 $55,000.00 <br /> New Computer/IT Hardware I <br /> New Software <br /> On-site Rail Infrastructure <br /> On-site Fiber infrastructure <br /> TOTAL $35,000.00 $ 1,500.00 T.' 175000 0u 455,000 00 $0.00 $0.00 $0.00 $0.00 <br /> Full-Time Permanent Indiana-Resident Positions by Calendar Year <br /> Calendar Year lobs retained Hourly Cumulative II of net NEW full time Hourly average wage,w/o Total training 1 Total 4 to be <br /> avera a permanent Jobs created at project benefits or bonuses,of expenditure-6 trained-not <br /> wage,w o <br /> benefits or cumulative net new Jobs not N cumulative <br /> bonuses cumulative 19 <br /> 2024 3 $ 15.00 2 $20.00 $0 1 0 <br /> 2025 5 $20.00 $1,000 i 2 <br /> 2026 8 $25.00 $2,500 I 2 <br /> 2027 8 $20.00 $0 I 0 <br /> 2028 8 $21.00 <br /> 2029 8 $22.00 <br /> 2030 8 $23.00 <br /> 2031 8 $24.00 <br /> 2032 8 $25.00 <br /> 2033 8 $26.00 <br /> 2034 8 $27.00 <br /> 2035 8 $28.00 <br /> Provide hourly wage information for new employees in the following positions. <br /> Full time I I Part time <br /> Laborers $20.00 I $ 15.00 <br /> Technical $35.00 $30.00 <br /> 9 <br /> Managerial $50.00 I $25.00 <br /> Administrative $20.00 f S 15.00 <br /> Who will be the individual responsible for coordinating <br /> with WorkOne on recruiting? n/a <br /> Does your company have an EEO hiring policy?'y I Are you an EEO employer? Y <br /> Please list the number of full time and part time minority and/or female Please describe your commitment to <br /> employees for the following years: diversity and inclusion by detailing your <br /> Year outreach and recruitment efforts for the last <br /> .?.9 2023 2022 three years as well as current policies. <br /> Full Time Part Time Full Time Part Time Full Time Part Time <br /> Black <br /> 1Ne are seeking out female <br /> Hispanic entrepreneurs and business <br /> owners in all positions both within <br /> Asian our company,with subcontractors, <br /> Indian and when assembling our support <br /> team of expertes in accounting, <br /> Female 3 legal,architecture,marketing,and <br /> Other s0 on. <br />
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