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1200 COUNTY -CrrY BUILDING <br />SOUTH BEND, INDIANA 46601 -1830 <br />July 29, 2003 <br />PHONE 574 /235 -9371 <br />FAX 574/235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />Council Member Karl King, 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 King: <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 <br />and installation of new machinery and equipment at the company's South Bend Facility at 3605 W. <br />Cleveland Road. Also attached is a copy of the petition, Statement of Benefits form and supporting <br />information. <br />The report contains the Department's findings relative to the above petition. Federal -Mogul will be <br />purchasing three new anodizing machines. These machines will apply hard anodizing to the top piston <br />ring groove. This is a new process for Federal Mogul South Bend and this type of process is becoming <br />the standard for high performance pistons. The total project cost is estimated $4.45 million. The project <br />meets the qualifications for a five (5) year personal property tax abatement and a representative from <br />Federal -Mogul will be available to meet with the Committee on Monday, August 11, 2003.. <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 -5828. <br />rely, <br />Michael Beitzinger <br />Economic Development Specialist <br />Attachments <br />c: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Don Inks <br />Red In Clerk's Office <br />J U L 2 9 2003 <br />LORFTTAJ. CM10A <br />eRYOLam sa sm. aL <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: 5741235 -9697 574/235 -9371 <br />