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Confirming Tax Abatement - Manufacturing Technology Inc. 402 N. Sheridan St. (2 Year Vacant Building)
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Confirming Tax Abatement - Manufacturing Technology Inc. 402 N. Sheridan St. (2 Year Vacant Building)
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8/27/2015 3:04:54 PM
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8/27/2015 3:01:53 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
8/24/2015
Ord-Res Number
4491-15
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Complete below for Real or Personal Property Tax Abatement only. <br />Please sign for all requested incentives. <br />Public alerhBfft Item: <br />Information Is required on both the construction companles.and tie <br />companies which will provide materials purchased for this project. <br />Please complete the table below with thea p <br />p appropriate f a ation. If <br />you qualify for the points, please enter the full amountof available <br />points. <br />Qualify <br />Earned Points <br />(yes or No) <br />Available Points <br />1 <br />Construction Related iContractorsF <br />A. <br />Employ Local Companies (75%) <br />Yes 20 <br />10 <br />B. <br />Purchase Materials from Local Companies 175 %) <br />Yes 20 <br />20 <br />C. <br />Require Employees vs. Independent Contractors <br />No <br />19 <br />D. <br />Require Prevailing Wage(Da4ls Bacon) <br />No <br />22 <br />E. <br />Require Health Benefits <br />No <br />22 <br />F. <br />Require Pension Benefits <br />No <br />18 <br />G. <br />Maintain Affirmative Action Plan <br />No <br />20 <br />Sub -total Construction Related: <br />40 <br />141 <br />2 <br />Wage$ Benefit Related LQwnerP <br />A. <br />Pay Target Wage Levels <br />Yes 33 <br />33 <br />B. <br />Provide Health Benefits <br />Yes 34 <br />34 <br />C. <br />Provide Pension Benefits <br />No <br />�9 <br />D. <br />Provide Training <br />Yes 29 <br />28 <br />E. <br />Provide Child Care <br />No <br />19 <br />F. <br />Provide Transportation Assistance <br />No <br />14 <br />G. <br />Provide Employer Assisted Housing program <br />Yes 9 <br />9 <br />Sub -total Wage & Benefit Related: <br />104 <br />162 <br />3 <br />Workforce Related: <br />A. <br />Create New Jobs <br />Yes 42 <br />42 <br />8. <br />Retain Existing Jobs <br />Yes 41 <br />41 <br />C. <br />Maintain Affirmative Action Plan <br />Yes 35 <br />35 <br />D. <br />Provide Targeted Hiring Preference <br />34 <br />Subtotal Workforce Related: <br />118 <br />152 <br />4 <br />JUJorta MWIIc1Lal Facility <br />A. <br />Support a SB Municipal Facility (donailons io the <br />zoo, conservatory, museum, etc.) <br />Yes as <br />84 <br />Name of Facility <br />Sub -total Municipal Facility: <br />84 <br />84 <br />Sub -total from Above: <br />346 <br />539 <br />The undersigned owner(,) of real property, low ted withln the City of South Bend, herby petition the Common Council of the City <br />of South Bend for a real and /or personal property tax abatement consideration and pursuant to I.C., 6- 1.1- 12.1-1, et see., and <br />South Bend Municipal Code Sec. 2 -76 et sea. for this petition state the above. <br />
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