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Confirming Tax Abatement - Enzyme Research Laboratories, Inc. 1801 Commerce Dr. (5 Year Personal Property)
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Confirming Tax Abatement - Enzyme Research Laboratories, Inc. 1801 Commerce Dr. (5 Year Personal Property)
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11/5/2014 11:31:06 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/23/2006
Ord-Res Number
3555-06
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3. Estimate the total cost of the Equipment: $8002000 <br />4. (a) The Equipment is owned or to be owned by the following individuals or <br />corporations (if the business organization is publicly= held, indicate also <br />the name of the corporate parent, if any, and the name under which the <br />corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST <br />Enzyme Research Laboratories 1801 Commerce Dr. South Bend IN <br />(b) The following other persons lease, intend to lease, or have an option to buy <br />this Equipment (include corporate information as required in (4)(a) above, <br />if applicable): <br />NAME ADDRESS INTEREST <br />N/A <br />5. . Give a brief description of the overall nature of the business and of the <br />operations occurring at the location for which tax abatement is requested: <br />ERL is a primary supplier of coagulation and fibrinolytic proteins for the <br />research community. The Company' s products are distributed worldwide <br />to researchers and pharmaceutical companies to aid in the development of <br />novel therapeutic compounds and assays to diagnose and treat coagulation/ <br />hemostatis disorders R21) manufactures and sells clot based diagnostic kits <br />that test for bleeding and clotting disorders. R2D uses the proteins from <br />ERL to insure the highest quality final products with no lot -to -lot variation. <br />These two points are critical to testing labs like the South Bend Medical <br />Foundation who rely on our quality for patient care. <br />6. The commonly known address of the property where the Equipment is to be <br />located is: 1801 Commerce Drive South Bend IN <br />7. The Key Number of said property is: 025- 1008 - 033502; 025 - 1008 - 033508; <br />018 - 2183 - 688612; 018 - 2183- 688603 <br />
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