2. A Minutes 12-19-08 - Laserfiche WebLink

Home Browse Search

South Bend Redevelopment Commission Regular Meeting — December 19, 2008 6. NEW BUSINESS (CONT.) A. Tax Abatements (2) continued... abatement period are estimated at 570,01 3. Lisa Makowski, corporate treasurer for Fortis Plastics, noted that Fortis has been evaluating options to either move from Elkhart to Henderson, Kentucky, or to South Bend. They will be consolidating from three plants to one in whichever location they decide, plus relocating their corporate headquarters and information technology operations to the new location. Fortis Plastics is also working with the State of Indiana for incentives they might offer. They applied for the tax abatements to see how much of a total incentive package could be received. They hope to make their decision on location within a few weeks. Upon a motion by Mr. Downes, seconded by Ms. King and unanimously carried, the Commission approved Resolution No. 2530 approving an application for real property tax deduction for property located at 3615 Voorde Drive in the Airport Economic Development Area. (Fortis Plastics) (3) Resolution No. 2531 approving an application for personal property tax deduction for property located at 3615 Voorde Drive in the Airport Economic Development Area. (Fortis Plastics) Upon a motion by Mr. Downes, seconded by Ms. King and unanimously carried, the Commission approved Resolution No. 2531 approving an application for personal property tax deduction for property located at 8 COMMISSION APPROVED RESOLUTION NO. 2530 APPROVING AN ,APPLIC.AT ION FOR REAL PROPER I Y TAX DEDUCTION FOR PROPFRTY LO( A I ED AT 3615 VOORDE DRIVE'_ IN TI -IE AIRPORT ECONOMIC DEVELOPM FNT AREA. (FORTIS PLASTICS) COMMISSION APPROVED RESOLUTION NO. 2531 APPROVING AN APPLICATION FOR PERSONAL PROPERTY] AX DEDUCTION FOR PROPER] Y LOCATED AT 3615 VOORDF DRIVE IN THE AIRPORI ECONOMIC DEVFL_OPMEN"I -AREA. (FORTIS PLASTICS)