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Confirming Tax Abatement - Harbor Metal Treating of Indiana Inc. 802 S. Fellows (5 Year Personal Property)
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Confirming Tax Abatement - Harbor Metal Treating of Indiana Inc. 802 S. Fellows (5 Year Personal Property)
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3/26/2015 10:20:22 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
7/14/1997
Ord-Res Number
2475-97
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14. Describe on -site child care or day care facilities, services or benefits currently <br />offered or proposed to be offered by the Petitioner for children of employees. <br />15. What is your best estimate of the market value of the new Equipment after <br />installation? $ 700,000 <br />16. What is your best estimate of the amount of taxes to be abated during each of <br />the five years after installation? $ First year - $13,500, second year - $18,000; <br />—third year - sl l goo. f n,,rtb year $7 000., f i frh pear - $4,000 <br />17. What is the commitment your firm will make to minority employment during <br />the five years of tax abatement? <br />To ron in a [be nrarti e of hiring 1•f• <br />r <br />We subscribe to equal. opRortunity <br />18. The Equipment has not been installed as of the date of filing of this petition. <br />The signature -at the end of this Petition is verification of this statement. <br />19. The standard Industrial Classification Manual major group within which the <br />proposed project would be classified, by number and description: <br />3308 ❑ Trogting <br />20. The Internal Revenue Service Code of Principal Business Activity by which <br />the proposed project would be classified, by number and description: <br />3470- Fabricated metal Products coating, engraving and allied services. <br />21. The real property where the Equipment will be installed is located in the <br />following Allocation Area, if any, declared and confirmed by the South Bend <br />Redevelopment Commission: <br />Sample /F.,,inv Development Ar <br />22. Other anticipated public financing for the project including, if any, industrial <br />revenue - bonding to be sought or already authorized, assistance through the <br />United States Department of Housing and Urban Development funds from the <br />City of South Bend, Small Business Association Sections 503 and 504 <br />financing through the Business Development Corporation of South Bend, <br />Mishawaka, and St. Joseph County, Indiana; or other public financial <br />assistance, including but not limited to public works improvements. <br />None <br />(Revised 10/15/96) 3 <br />
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