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Confirming Tax Abatement - 4201 Linden Avenue - Foxtrot Realty Corporation
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Confirming Tax Abatement - 4201 Linden Avenue - Foxtrot Realty Corporation
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Last modified
11/25/2008 12:57:20 PM
Creation date
8/19/2008 3:37:55 PM
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Template:
City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
8/11/2008
Ord-Res Number
3891-08
Bill Number
08-72
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S. (a). The real property for which tax abatement consideration is petitioned (Property) is owned <br />or to be owned by the following individuals or corporations (if the business organization <br />is publicly held, indicate also the name of the corporate parent, if any, and the name under <br />which the corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST (%) <br />Foxtrot Realty Corporation 4201 Linden Ave 100% <br />South Bend, IN 46619 <br />(b) The following other person(s) lease, intend to lease, or have an option to buy the Property <br />(include corporate information as required in 5(a) above, if applicable); <br />NAME ADDRESS Il~l'TEREST(%) <br />GTA Containers, Inc. 4201 Linden Ave 100% <br />South Bend, IN 46619 <br />6. The commonly known address of the Property is: <br />4201 Linden Ave, South Bend, IN 46619 <br />7. The Key Number(s) of said property is: <br />018-2193-7257 <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 attached <br />hereto, marked Exhibit C, and incorporated herein. <br />11. The redevelopment or rehabilitation project itself will create 6-11 full-time and 0 <br />part-time permanent jobs within the first year, representing a new annual payroll of $ <br />160, 000-260, 000 and will maintain 31 existing permanent full-time and 0 <br />existing permanent part-time jobs including existing permanentfull-time minority employment <br />of 29 and existing permanent part-time minority employment of 0 with an annual <br />payroll of $ 1,125, 000 <br />(Rev 10/23/06) 2 <br />
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