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HomeMy WebLinkAboutConfirming Tax Abatement - Demby Enterprises LLC 212-220 W. Ewing Ave. (7 Year Real Property)Attest: RESOLUTION 4309 -13 Passed by the Common Council of the City of South Bend, Indiana December 9, 13 20 Presented by me to the Mayor of the City of South Bend, Indiana December 10, 20 13 City Clerk President of Common Council Approved and signed by me P C( F'-1 3 f Q t O 20 33 City Clerk RESOLUTION NO. `i 3 o� -(3 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 212 -220 West Ewing Avenue AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SEVEN (7) YEAR REAL PROPERTY TAX ABATEMENT FOR DEMBY ENTERPRISES, LLC WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 212 -220 West Ewing Avenue, South Bend, Indiana, and which is more particularly described as follows: Lots numbered four (4) through forty -eight (48), both inclusive, as shown on the recorded plat of Stover- Longley Addition to the City of South Bend as platted by Silas E. Longley and Burton H. Stover, which plat was recorded February 24, 1915 in Plat Book No. 9 at page 187 in the Recorder's office of St. Joseph County, Indiana. Also the vacated alley lying South of Lots 4 to 8, inclusive, in said Stover — Langley Addition and the vacated alley lying East of Lots 28 to 46, inclusive, in said Stover - Longley Addition. Also the South half of the vacated alley lying North of Lot No. 9 in said Addition, also, the whole of vacated Victoria Street as shown in said Addition; also, the whole of vacated Lafayette Street lying between Ewing Avenue and Fairview Avenue in said Addition, excepting the West half of that part of Lafayette Street which lies East of Lot Numbered 3 and the North half of the vacated alley lying South of said Lot No 3; the whole property herein considered being bounded by a line running as follows: Beginning at the North -west corner of Section 24, Township No. 37 North, Range No. 2 East; thence running South 1009 feet, thence East 384.7 feet to the West line of the right of way of the Vandalia Railway; thence North with the said right of way 1009 feet to the North line of said Section No. 24; thence West 383 feet to the place of beginning, excepting therefrom such part of said real estate as is now occupied by Ewing Avenue and Fairview Avenue in said city, excepting also a strip of land 7 feet in width, East and West, taken off from the entire length of the West side thereof, heretofore conveyed as the East half of a public alley and excepting also the following: Beginning at a point on the present South line of Ewing Avenue 7 feet East of the West line of said Section No. 24; thence running East 149'/4 feet to the center of vacated Lafayette Street; thence South 107 feet to a point in line with the centerline of the alley lying between Lots 1,2,3 and 9 in said Stover - Longley Addition; thence West 149 '/4 feet to the East line of said Stover - Longley Addition; thence North 107 feet to the place of beginning. and which has Key Number 71- 08 -24- 101 - 003.000 -026 be designated as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for up to a period of seven (7) years as shown by the attachment pursuant to Indiana Code 6- 1.1- 12.1 -17 and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et sea. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. PRESENTED I ? AA NOT APPROVED ADOPTED ember dofe Common Council ."n fed in CITY CLE RN, O 227 W. JEFFERSON BOULEVARD SUITE 1400 S. SOUTH BEND, IN 46601 -1830 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUTNE DIRECTOR November 14, 2013 Council Member Gavin Ferlic, Chairperson Community Investment Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Commercial Real Property Tax Abatement Petition for: DEMBY ENTERPRISES, LLC Dear Council Member Ferlic: PHONE: 574/235 -9371 FAX: 574/235 -9021 Please find attached the Department of Community Investment's report on a commercial real property tax abatement petition from the above - referenced Petitioner for property they intend to rehabilitate due to fire damage identified as 212 -220 W Ewing Avenue. Also attached is a copy of the petition, Statement of Benefits form, and supporting information. The report contains the Department's findings relative to the above petition. The Petitioner, Demby Enterprises, LLC . proposes to rehabilitate the building at a cost of $1,858,024. A representative of the Petitioner will be available to meet with the Committee on Monday, November 25, 2013. Should you or any of the other Council members have any questions concerning the report, or need additional information, please feel free to call me at 235 -9278. Sincerely, 2 B/� rock eeb Director Economic Resources Department of Community Investment Attachments cc: South Bend Common Council Members Mayor Pete Buttigieg Scott Ford Chris Fielding ASSISTANT ExECUTNE DIRECTOR PLANNING NEIGHBORHOOD ENGAGEMENT ECONOMIC RFSOURCFS CHRIS FIEIDING JITM KAIN PAMELA C. MEYER BROCKZEER TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: KATHY HAHN SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: DEMBY ENTERPRISES, LLC DATE: November 14, 2013 On November 14, 2013, a petition for real property tax abatement consideration for property identified as 212 -220 West Ewing Avenue was filed with the City Clerk by Demby Enterprises, LLC. Pursuant to Chapter 2, Article 6, Section 2 -82 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Community Investment for purposes of investigation and preparation of a report determining whether the area qualifies as an Economic Revitalization Area pursuant to I.C.6 -1.1 -12.1 and whether all zoning requirements have been met. The Department of Community Investment has reviewed the petition, investigated the area, and makes the following report. PROJECT SUMMARY Demby Enterprises LLC actively manages the property. The real estate property is a cold storage warehouse facility with maintained temperature capabilities between -5 degrees and +40 degrees. The real estate is currently leased to Plumrose USA. Plumrose occupies 100% of the facility. Plumrose is a bacon and processed meat manufacturer that uses the property for inventory management and distribution. There is daily in and out semi -truck activity at the property. Demby manages the property for their use. Demby sustained a substantial fire loss in November 2012 rendering the property unusable for its intended use. The petitioner submitted a report showing the assessed value to be $450,300 but this assessed value does not reflect the effects of the fire. The petitioner is going to appeal this assessment and the petitioner indicates that his estimated value of the property is approximately $225,150. For our apreadsheet purposes the lower assessed value of $225,150 has been used to calculate the taxes presently on the building. RE: Tax Abatement for Demby Enterprises, LLC November 14, 2013 Page 2 The petitioner intends to install new state -of -the -art mechanical and refrigeration equipment to return the building to its use as a cold warehouse storage and distribution facility. The equipment is substantial in nature and actually becomes part of the building much like a fixture. For this reason this application is being processed as a real property abatement rather than a personal property abatement. Precedent has been set for this process. In a similar situation for another food manufacturer, a real property abatement was granted for their refrigeration coolers which were also more like fixtures to the real estate. Additionally electrical service will be enhanced and upgraded. Building fagade and truck docks will be remodeled for business purposes as well as beautification. The cost of the project will be $1,858,024. The project is necessary for economic growth because in its absence Plumrose would relocate operations outside of our area and eliminate employment. Additionally, without the project the property is likely to become vacant and remain in disrepair. Assuming a seven -year abatement term, the total taxes to be abated during that term are estimated at $161,040. Total taxes to be uaid during the seven -year tern are estimated at $297506. EMPLOYMENT IMPACT Per the petition, it is estimated that the project will create two new, permanent full -time positions over two years. They will retain twenty -three (23) existing permanent full -time positions, with a total annual payroll of $66,935. ABATEMENT QUALIFICATION A review of the tax abatements previously granted finds that the petitioner has not been granted any previous abatements. 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the property is located in the Sample Ewing Development Area. 4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the qualifications for up to a seven -year real property tax abatement under Section 2 -83 -1, Warehouse Development in the City -wide District. 14- Nov -13 Public Benefit Points Summary . ` Qualification for each Public Benefit Item based on best available information at time of application or good faith determination if no information available. Qualify Earned Available Public Benefit Item: or N Points Points Proiect Related: 1. A. Redevelop a Site that has Special Needs N 0 49 B. Develop Based on Local University Research N 0 35 C. Achieve a Physical Element of a Plan N 0 36 Sub -total Project Related: 0 120 2. Super Size Projects (point values are cumulative), A. 100% to 199% Y 25 25 B. 200% to 299% Y 68 68 C. 300% to 399% N 0 65 D. 400% and Over N 0 52 Sub -total Super Size Projects: 93 210 3. Construction Related: A. Employ Local Companies Y 20 20 B. Purchase Materials from Local Companies Y 20 20 C. Require Employees vs. Independent Contract, Y 19 19 D. Require Target Wage Levels Y 22 22 E. Require Health Benefits Y 22 22 F. Require Pension Benefits Y 18 18 G. Maintain Affirmative Action Plan Y 20 20 Sub -total Construction Related: 141 141 4. Wage & Benefit Related: A. Pay Target Wage Levels Y 33 33 B. Provide Health Benefits Y 34 34 C. Provide Pension Benefits Y 29 P9 D. Provide Training Y 28 28 E. Provide Child Care N 0 15 F. Provide Transportation Assistance N 0 14 G. Provide Employer Assisted Housing program N 0 9 Sub -total Wage & Benefit Related: 124 162 5. Workforce Related: - A. Create New Jobs Y 42 42 B. Retain Existing Jobs Y 41 41 C. Maintain Affirmative Action Plan Y 35 35 D. Provide Targeted Hiring Preference N 0 34 Sub -total Workforce Related: 118 152 6. Pay for Municipal Infrastructure: (point values are cumulative): A. Pay for Oversizing or Upgrading N 0 14 B. Pay for 26 -50% of Extension Cost N 0 26 C. Pay for 51-75% of Extension Cost N 0 39 D. Pay for 76-100% of Extension Cost N 0 52 Sub -total Infrastructure Related: 0 131 7. Support a Municipal Facility: A. Support a Municipal Facility N 0 84 Total Public Benefit Points: 476 1000 ` Qualification for each Public Benefit Item based on best available information at time of application or good faith determination if no information available. Additional Years of Abatement Multi - family Development Projects: From To Additional Years 0 141 0 142 183 1 184 225 2 226 267 3 268 309 4 310 351 5 352 M3 67 394 & over 7 Other Development Projects: From To Additional Years 0 300 0 301 357 1 358 414 2 415 471 3 472 528 4 529 585 5 586 642 6 643 1000 7 Subtotal from Points Summary: 476 Base Years of Abatement Additional Years of Abatement: Total Years of Abatement: 7 J N I I II I II I II > U N M d N (D A N e o e O N T¢d m Y 0 0 I Cl O O r } NnN W O OAIN� �OI� I ow °O o o M n a o 0 o d N o i O) b N O N y MOl }NOR Ldp N SOON e�p H V « a N 12 E¢ �OO CdJ i[) ONO MMO N z c `' a 0 m a u x'000 R o OOOMM e Fez C W c¢¢ y E yU OOM�CJ N d W }NmIN ° tO N Lq h eM-ON At0 N i0 f0 � 1n o d O O M M o W O O) d W M N 10 O) O) N O mom f0 0 O�I OO�MNN� O j A y M M N M M M d Z F d M N M d M N N � A (15 NO V V C V ] M d N 10 N C A Z NN�� y M M h h �NMd N t010 N N C E `m Md{0p N O)O ~ N OQ)NM O vI C ~ } N Q dN ONN� •L NNM a �j N NNE �Od MN [O a O L O N ti '- O o 0 O h N N o c N O) o m a Ol M a 3 O X A A A A A A A [O W U a N f O O y M M W N O M O M ' d 10 N C Z .... 0 0 0 i0 d a } OA1 ry F N N N N r 10 ` �O E Ni VI N 10 10 10 h �O NNNN NNO N S O Q NM N,NN �O O Oi y Qj y � D yti w ONION A vN m L E M W d N MNO N N AO MAO Z'O �E OIMMMMMM tM+1 > S2 H W d N O �O H d �O F A CL a ¢ � m t � xi °mw mW vi vi "+ 'x i- > UQ N cc co of �cw� cd c6 n J N I I II I II I II > U N M d N (D A N e o e O N T¢d m Y 0 0 I Cl O O r d E I ow N i H V « a N 12 E¢ N v 'S" m F- m y m .Y J N z c `' a 0 m a u x'000 R a N Fez C W c¢¢ y E yU New Project Investments Calendar Year TOTAL Investment Details 2013 2014 2015 2016 2017 2018 2019 2020 Full -Time Permanent Indiana- Resident Positions by Calendar Year i i �.r. I -197 �•Yci�v'17�'�`r'- ILFT'P}} �; >i 17. i•oP�Y T, ilit�ir}; r,l i�_. �l'r r rdlgi Submitted By: OF1.1 71i1AW„V,�WMEDate: For Staff Use Only Below This Line