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12-09-13 Common Council Agenda & Packet
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12-09-13 Common Council Agenda & Packet
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
12/9/2013
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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <br />PHONE: 574/235 -9371 <br />FAX: 574/235 -9021 <br />Council Member Gavin Ferlic, Chairperson November 21, 2013 <br />Community Investment Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Personal Property Tax Abatement Petition for: <br />Schafer Industries, Inc. <br />Dear Council Member Ferlic: <br />Please find attached the Department of Community Investment's report on a personal property tax <br />abatement petition for the above - referenced petitioner. Also attached is a copy of the petition, Statement of <br />Benefits form, and supporting information. The project calls for the acquisition and installation of new <br />equipment as part of the company's planned increase in productive capacity in its facility located at 4701 <br />Nimtz Parkway. <br />The report contains the Department's findings relative to the above petition. Schafer Industries, Inc. will <br />be purchasing and installing new equipment. The total project cost for the equipment is estimated at <br />$1,400,000. The project meets the qualifications for a (5) five -year personal property tax abatement and a <br />representative from Schafer Industries, Inc. will be available to meet with the Committee on Monday, <br />December 9, 2013. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235 -9339. <br />SiT��7 l <br />Brock Zeeb <br />Director Economic Resources <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Pete Buttigieg <br />Aladean DeRose <br />Scott Ford <br />Chris Fielding <br />ASSISTANT ExECUTIvE DIRECTOR PIANNING NEIGHBORHOOD ENGAGEMENT ECONOMIC RFSOURCrS <br />CHRISFIEIDING JITN KAIN PAMEIA C. MEYER BROCK ZEEB <br />
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