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Confirming Tax Abatement - Federal-Mogul Powertrain, Inc. 3605 W. Cleveland Rd. (5 Year Personal Property)
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Confirming Tax Abatement - Federal-Mogul Powertrain, Inc. 3605 W. Cleveland Rd. (5 Year Personal Property)
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
10/25/2004
Ord-Res Number
3397-04
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1200 COUNTY -CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601 -1830 <br />PHONE 574/235 -9371 <br />FAx 574/235 -9021 <br />TDD 574/ 235 -5567 <br />CCCY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />September 30, 2004 <br />SHARON T. KENDALL <br />EXECUTIVE DIRECTOR <br />Council Member Roland Kelly, Chairperson <br />Community & Economic Development 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 />Federal -Mogul Powertrain, Inc. <br />Dear Council Member Kelly: <br />Please find attached the Department of Community & Economic Development's report on a personal <br />property tax abatement petition for the above referenced petitioner. The project calls for the acquisition and <br />installation of new machinery and equipment at the company's South Bend Facility at 3605 W. Cleveland <br />Road. Also attached is a copy of the petition, Statement of Benefits form and supporting information. <br />The report contains the Department's findings relative to the above petition. Federal -Mogul will be <br />transferring a piston machine line and tooling from Lagrange, GA. They will make minor modifications and <br />install the machine line. The total project cost is estimated at $7.482 million. The project meets the <br />qualifications for a five (5) year personal property tax abatement and a representative from Federal -Mogul <br />will be available to meet with the Committee on Monday, October 11, 2004. <br />Should you or any of the other Council members have any questions concerning the report or need additional <br />information, please feel free to call me at 235 -5825. <br />Sincerely, <br />_/_Z�L /,W <br />Tedd Schaffer <br />Economic Development Specialist <br />Attachments <br />c: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Sharon Kendall <br />Don Inks <br />Filed in Clerk's Office <br />SEP 3 0 Anne <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL. & PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />574/235 -9660 574/235 -9371 ELIZABETH LEONARD _ <br />FAx: 574/235 -9697 574/235 -9371 <br />
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