9394-03 Amend Chapter 2, Replacing in its entirety Article 6 Entitled Tax Abatement Procedures

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temporary employees. The petitioner shall also list the current number of total employees (full- and part-time) and the current number of Minority persons (fult- and part-time). 9. An estimate of the after-rehabilitation market value of the real property or an estimate of the market value of the New Manufacturing Equipment after installation. 10. The commitment to Minority employment during the first five (5) years of tax abatement. 11. A description of the proposed project (whether Rehabilitation, new construction, or installation of New Manufacturing Equipment), including information about physical improvements to be made or the New Manufacturing Equipment to be installed, an estimate of the cost of the project, the amount of land to be used, the proposed use of the improvements, and a general statement as to the value of the project to the business. 12. An estimate of the number of new permanent jobs to be created by the project within two (2) years, a statement of the current number of permanent and part- time jobs at the location and the impact on those current jobs to be caused by the project, and the projected annual salaries for each such position to be created. 13. Certification that no building permit has been issued for construction on the property for the improvement proposed or verification that the New Manufacturing Equipment has not been installed. 14. The North American Industry Classification System (NAILS) major group within which the proposed project would be classified, by number and description. 15. The Internal Revenue Service Code of principal business activity by which the proposed project would be classified, by number and description. 16. A description of on-site child care or day care facilities, services, or benefits currently offered or proposed to be offered by the petitioner for children of employees. 17. Other anticipated public financing for the project, including, if any, industrial revenue bonding to be sought or already authorized, assistance through the United States Department of Housing and Urban Development funds from the City of South Bend, Small Business Administration Section 504, financing through the Business Development Corporation of South Bend, Mishawaka, and St. Joseph County, Indiana; financing through the Industrial Development Revolving Fund; financing through the Corporation for Entrepreneurial Development; or other public financial assistance, including public works improvements. 18. For real property tax abatement, a description of how the property in question has become undesirable for or impossible of normal development and occupancy because of lack of development, cessation of growth, deterioration of improvements, or character of occupancy, age, obsolescence, substandard Tax Abatement Ordinance Page 41