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Confirming Tax Abatement - Ceol Mor Properties LLC 1047 Lincoln Way East (3 Yr. Real Property)
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Confirming Tax Abatement - Ceol Mor Properties LLC 1047 Lincoln Way East (3 Yr. Real Property)
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Last modified
8/16/2013 1:20:17 PM
Creation date
8/16/2013 11:53:35 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
8/12/2013
Ord-Res Number
4274-13
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(b) The following other person(s) or corporation(s) lease, intend to lease, or have an <br />option to buy the Property (include corporate information as required in 5(a) <br />above, if applicable); <br />NAME <br />ADDRESS <br />INTEREST ( %) <br />Crooked Ewe, Inc. 1047 Lincoln Way East, South Bend, IN 46601 100% <br />6. The commonly known address of the Property is: 1047 Lincoln Way East, South Bend, <br />Indiana 46601 <br />7. The Key Number(s) of said property is: 018-7017-0684,018-7017-0682,018-7017-0680 . <br />8. A legal description of the above address is attached hereto, marked "Exhibit A," and <br />incorporated herein. <br />9. A map and /or plat describing the Property is attached hereto, marked "Exhibit B," and <br />incorporated herein. <br />10. Photographs of the property, taken within two (2) weeks of filing of this petition, are <br />attached hereto, marked "Exhibit C," and incorporated herein. <br />11. The REAL property where the proposed redevelopment or rehabilitation project will be <br />carried out is located in the following Allocation Area, if any, declared and confirmed <br />by the South Bend Redevelopment Commission: Economic Target Area - Lincoln Way West <br />& Portage Ave Corridors AND the Airport Economic Development Area (per south bendin.gov) <br />12. The redevelopment or rehabilitation project itself will: (a) create 21 permanent, <br />full -time and 5 permanent, part-time jobs within the first year, representing a <br />new annual payroll of $ 752,460.00 ; and (b) maintain n/a existing, permanent, <br />full -time and n/a existing, permanent, part-time jobs (including existing, <br />permanent, full -time, minority employment of n/a workers and existing, perma- <br />nent, part-time, minority employment of n/a workers) with a total annual payroll <br />of $ n/a for all existing employees. <br />1& Provide current wage information for existing employees including: base rate, cost -of- <br />living allowances, hazardous -duty pay, incentive pay including commissions and <br />production bonuses, on -call pay and tips (please show average hourly rate or range). <br />Do Not Include: back pay, jury duty pay, overtime pay, severance pay, shift <br />differentials, non - production bonuses, and tuition reimbursements. <br />Full -Time Part-Time <br />Laborers $ n/a $ n/a <br />Technical $ n/a $ n/a <br />Managerial $ n/a $ n/a <br />Administrative $ n/a $ n/a <br />(Rev 5/13/11) 2 <br />
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