Confirming Tax Abatement - Sm. Or. Cases, Inc. 4622 Burnett Dr. South (5 Year Personal Property)

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City of South Bend Joseph E. Kernan, Mayor Department of Economic Development Jon R. Hunt Executive Director MEMORANDUM Ann E. Kolata Deputy Executive Director TO: HUMAN RESOURCES COMMITTEE OF THE SOUTH BEND COMMON COUNCIL FROM: DEPARTMENT OF ECONOMIC DEVELOPMENT SUBJECT: TAX ABATEMENT PETITION SM. OR. CASES, INC. 4622 BURNETTE DRIVE DATE: APRIL 5, 1991 On March 14, 1991, a petition for tax abatement consideration for real and personal property located at 4622 Burnette Drive was filed with the City Clerk by Sm. Or. Cases, Inc. Pursuant to Chapter 2, Article 6, Section 2 -77 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Economic Development for purposes of investigation and preparation of a report determining whether the area qualifies as an Economic Revitalization Area pursuant to I.C. 6- 1.1- 12.1 -1 and whether all zoning requirements have been met. The Department of Economic Development has reviewed the petition (a copy of which is attached), investigated the area and makes the following report. Project Description The petitioner proposes to construct a 8,640 square foot manufacturing facility in Burnette Industrial Park to be used for manufacturing textile and leather goods. The petitioner also proposes to purchase new equipment for the manufacture of those goods. The project will create five (5) new permanent full time jobs within the first year with an annual payroll of $32,418.55. The total project cost is estimated at $240,000 including equipment. 1200 County -City Building • South Bend, Indiana 46601 • 219/284 -9371 Fax 219/284 -9021 Redevelopment Economic Development Housing Rehabilitation Financial & Program Human Rights Ann Kolata & Business Assistance Kathryn Baumgartner Management Cynthia Love -Bush 284 -9371 Donald Inks 521 Eclipse Place Elizabeth Leonard 284 -9355 284 -9335 284.9475 284 -9335