My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
03-24-14 Council Agenda & Packet
sbend
>
Public
>
Common Council
>
Common Council Agenda Packets
>
2014
>
03-24-14 Council Agenda & Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/20/2014 1:52:44 PM
Creation date
4/17/2014 1:18:16 PM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
3/24/2014
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
164
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
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 />TAX ABATEMENT REPORT <br />TO: SOUTH BEND COMMON COUNCIL <br />FROM: KATHY HAHN <br />PHONE: 574/235 -9371 <br />FAX: 574/235 -9021 <br />SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION AND REAL <br />PROPERTY TAX ABATEMENT PETITION FOR: <br />LOCK JOINT TUBE, LLC, 515 WEST IRELAND ROAD <br />DATE: March 10, 2014 <br />On March 10, 2014, petitions for personal property tax abatement and real property tax <br />abatement consideration for property located at 515 West Ireland Road were filed with <br />the City Clerk by Attorney Richard Deahl, agent for Lock Joint Tube, LLC. Pursuant to <br />Chapter 2, Article 6, Section 2 -77 of the Municipal Code of the City of South Bend, these <br />petitions were referred to the Department of Community Investment for purposes of <br />investigation and preparation of a report determining whether the area qualifies as an <br />Economic Revitalization Area pursuant to I.C.6 -1.1 -12.1 and whether all zoning <br />requirements have been met. <br />The Department of Community Investment has reviewed the petitions (copies of which <br />are attached), investigated the area, and makes the following combined report. <br />PROJECT SUMMARY <br />Lock Joint Tube LLC manufactures mechanical and structural grade steel tubing in <br />Indiana and other states for use in various industries including automotive, recreational <br />vehicle, office/furniture, healthcare, and construction. <br />The company will invest $3.5 in the purchase and installation of new manufacturing, <br />information technology, and logistical distribution equipment to expand its production <br />capabilities at its Ireland Road facility. They will install high speed saws and a <br />galvanizing line which will expand the South Bend Lock Joint Tube facilities product <br />line. Total taxes abated during the five -year abatement are $32,224. The taxes paid are <br />$900,248. <br />PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />JmN KAIN PAMELA C. MEYER CHRIS RELDNG DONALD E. INKS <br />
The URL can be used to link to this page
Your browser does not support the video tag.