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HomeMy WebLinkAboutConfirming Tax Abatement - FedEx Ground System, Inc. 5115 Dylan Dr. (5 Year Personal Property) RESOLUTION 4498-15 Passed by the Common Council of the City of South Bend, Indiana September 28, 15 20 Attest: l `AA✓ eL'iL- 1 City Clerk Attest =a- President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana September 29, 20 15 dr- nrili I City Clerk Approved and signed by me 2p re" bei 2 7 � 20 15 Mayor RESOLUTION NO. 1 —(r A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 5115 Dylan Drive, South Bend, IN 46628 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR FedEx Ground System, Inc. WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 5115 Dylan Drive, South Bend, IN 46628 and which is more particularly described as follows: Business Personal Property and which has Key Numbers to be assigned be designated as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for personal property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted personal property tax deduction for a period of five (5) years as shown by the attachment pursuant to Indiana Code 6-1.1-12.1-17 and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et seq. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. at's o • - Common Council Filed in Clark's Office e<_c:;r Q—Lb-k J t? NOT APPROVED CITY CLERK,SOUTH 2END,6Pt Alamo SOUTy e"••.., E• 227 W.JEFFERSON BOULEVARD 174.04• plij I�I;I��� \� % y;; PHONE:574!235-9371 SUITE 1400 S. �� o FAX:574/235-9021 SOUTH BEND,IN 46601-1830 11y� ".fi��° 2; \ G2+ 1865 CITY OF SOUTH BEND PETE BUTTIGIEG,MAYOR COMMUNITY INVESTMENT SCOTT FORD,EXECUTIVE DIRECTOR August 17, 2015 Council Member Gavin Ferlic, Chairperson • Community Investment Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Personal Property Tax Abatement Petition for: FedEx Ground Package System, Inc. Dear Council Member Ferlic: Please find the attached information pertaining to a personal property tax abatement petition for FedEx Ground Package System, Inc.: > Department of Community Investment's summary report ➢ Copy of the petition > Statement of Benefits form > Supporting information. The report contains the Department's findings relative to the above petition. FedEx Ground System, Inc. will be purchasing and installing approximately$15,000,000 of new material handling equipment. To accommodate their planned growth, FedEx will be relocating the workforce from their Mishawaka based facility to the new, larger facility in South Bend. The project meets the qualifications for a(5) five year personal property tax abatement and a representative from FedEx Ground Package System,Inc.will be available to meet with the Committee on Monday,August 24,2015. Should you or any of the other Council members have any questions concerning the report, or need additional information,please feel free to call me at 235-9339. Sincerely, Brock Zeeb Director of Economic Resources PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES JITIN RAIN PAMELA C.MEYER CHRIS FIELDING BROCK ZEEB TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: BROCK ZEEB SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: FedEx Ground Package Systems,Inc. DATE: August 17, 2015 i a On Tuesday, August 4, 2015, a petition from FedEx Ground Package System, Inc., was o received and subsequently filed with the City Clerk for personal property tax abatement consideration for property to be located at 5115 Dylan Drive, South Bend, IN 46628. Pursuant to Chapter 2,Article 6,Section 2-84.2 of the Municipal Code of the City of South Bend,this petition was referred to the Department of Community Investment 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 and whether all zoning requirements have been met. The Department of Community Investment has reviewed the petition (a copy of which is $ attached),investigated the area, and makes the following report. €! PROJECT SUMMARY > Purchase new equipment to accommodate their anticipated growth. FedEx will be relocating the workforce from their Mishawaka based facility to the new, larger facility in South Bend. > New project taxes over the five year abatement period—$1,286,801 > Estimated taxes being abated over the five year abatement period—$592,944 . p > Total taxes to be paid on new and existing equipment over five year abatement ! period—$693,857 EMPLOYMENT IMPACT 1 Per the petition, it is estimated that the total project will: 1 > Create 6 permanent, full-time jobs within the five year abatement period, representing a new annual payroll of$276,432 > 71 total jobs will be created(6 full time and 65 part time)with a total annual payroll of$1,079,524 > 19 permanent full-time jobs will be relocated from Mishawaka to South Bend with a total annual payroll of$875,216. ➢ 127 total jobs will be relocated from Mishawaka to South Bend (19 full time and 108 part time)with a total annual payroll of$2,209,665 PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES 1 JITIN KAIN PAMELA C.MEYER CHRIS FIELDING BROCK ZEES ABATEMENT QUALIFICATION 1. A review of the tax abatements previously granted, finds that the petitioner has not been granted or associated with any previous abatements. 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. 3. A review of the South Bend Redevelopment designation areas finds that the property is located in the River West Development Area. 4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner meets the qualifications for a (5) five-year personal property tax abatement under section 2-84.2, Tangible Personal Property Tax Abatement. p}1 }}1 {{Eg� y(i pkp 5 YEAR 30-Jul-IS Fed Ex South Bend German Township Personal Property Tax Abatement Schedule* Tax Key Number 025-1010-016902 Current Assessed Value: 0 Estimated Project Cost: 15,000,000 40% 60% 55% 45% 37% 100% 80% 60% 40% 20% Year1 Year2 Year3 Year4 Years Current Assessed Value: AV&Tax Pay 2016 Pay 2017 Pay 2018 Pay 2019 Pay 2020 Current Assessed Value 100% 0 0 0 0 0 0 Base Assessed Value 6,000,000 9,000,000 8,250,000 6,750,000 5,550,000 Less Abatement Deduction (6,000,000) (7,200,000) (4,950,000) (2,700,000) 1 Net Assessed Value ) ( ,410,000) 0 0 1,800,000 3,300,000 4,050,000 4,440,000 Property Taxes: Assume constant tax rate of 5.4628% 5.4628% 5.4628% 5.4628% 5.4628% 5.4628% Gross Tax(tax rate x net assessed value) 0 0 98,330 180,271 221,242 242,547 Less Circuit Breaker Credit 0 0 0 0 0 (48,532) Net Tax 0 0 98,330 180,271 221,242 194,014 Circuit Breaker Cap Circuit Breaker 3.0000% 0 180,000 270,000 247,500 202,500 166,500 Debt Service 0.6197% 0 0 11,154 20,450 25,098 27,514 Circuit Braker Cap 0 180,000 281,154 267,950 227,598 194,014 ' New Combined Net Existing Project Existing&New Tax Tax Year Taxes Taxes Taxes Abated Paid Pay 2016 0 217,182 217,182 217,182 0 Pay 2017 0 325,772 325,772 227,443 98,330 Pay 2018 0 298,625 298,625 118,354 180,271 Pay2019 0 244,329 244,329 23,088 221,242 Pay 2020 0 200,893 200,893 6,879 194,014 Totals 0 1,286,801 1,286,801 592,944 693,857 *This schedule is for estimation purposes only and assumes constant tax rates. The true tax values " • will ultimately be determined by the actual assessed valuation and the then current tax rates. City of South Bend °t Petition for Incentives Petition must Include a$250 filing fee payable to the City Clerk's Office before processing can be complete r'1s6 General Information Project Name Project Number Legal name as registered with Secretary of FedEx Ground Package System,Inc Stitt Business structure C Corporation Company website www.fedex.com Proposed Project Information Proposed project address 5115 Dylan Drive Parent company name FedEx Corporation City,State,Zip I South Bend,IN 46628 Legal owner Westco South Bend,LLC Site acreage or acreage required 26.1180 IS the real estate owned or Leased leased Square feet of fadllty 208,361 If leased by whom Fedex Ground Package System,Inc. Primary Contact information Primary company contact name Debbie Dillinger Pile Tax Advisor-FedEx Services Address of company contact 1000 FedEx Drive Phone (412)859-5089 City,State,Zip Moon Twp.,PA 15108 Email debbie.dillinger@fedex.com Senior Official Information Company senior official name Title Address of company contact(if different from Phone above) City,State,Zip Email Consultant Information/Agent Hired business consultant/agent name Duff&Phelps/Greg Myers Consultant release(Y/N) Yes Address 39555 Orchard Hill PI Local economic development partners I Yes approval(Y/N City,State,Zip Novi,MI 48375 Email gregory.myers@dduffandphe.ps.com Project Overview Brief description of your FedEx Ground(FXG)provides cost-effective,small-package shipping throughout North America.including dependable company,project,and why the business-to-business delivery and convenient residential service. property is necessary for economic growth As part of FedEx Ground's North American network expansion plan,FedEx Ground proposes to have a new 208,000 square feet distribution center built on Dylan Drive(Ameriplex Park)in South Bend to allow for business rowth. The ro would result in the relocation and significant expansion of its existing Mis ka,I {(h ich outda too s A(just under 55,000 SF)to accommodate planned growth In addition ,yktret Ur.IMO t approximately$15 million in material handling equipment at the roposed G will tate-of- e-art distribution facility via a long-term lease of 10+years AUG 17 2015 JOHN VOOFIDE CITY CLERK,SOUTH BEND,IN Certified Technology Park appropriate No Community Revitalization Enhancement No District Certify that the Building Permit has not been No Number of residential units created by issued WINS oroieci N.k if this is a petition for personal property tax abatement,has the equipment been installed \o Investment Details Public Infrastructure needs(Off- Has any 504 funding been what is the value of a,y equipment being purchased In What is the value of any equipment being site of project in dollars) received? Indiana for the project? purchased from out of state for the project? Noon No $800,000 514.200.000 New Project Investments Calendar Year 2014 2015 2016 2017 2018 2019 2020 2021 Land Acquisition 51,500,000 -----_- Building Lease Payments ----_--- Building Purchase Costs New Building Construction S 1q8CC::00 ------ Existing Building Improvements New Machinery&Equipment S 15.000.000 --_-- Special Tooling/Retooling New Furniture/Fixtures New Computer/IT Hardware New Software -----_-- On-site Rail Infrastructure ------_- On-site Fiber Infrastructure -------- TOTAL Full-Time Permanent Indiana-Resident Positions by Calendar Year Calendar Year Jobs retained Total hourly Cumulative t!of net NEW full time Hourly average wage,w/o Total training Total n to be wage w/o permanent jobs created at project benefits or bonuses,of expenditure- trained-not fringe or cumulative net new jobs not cumulative bonuses cumulative 2014 19 $22.15 2015 2016 2017 4 $22.15 2018 2 S22.15 2019 2020 2021 2022 2023 2024 2025 Provide hourly wage information for new employees in the following positions. Full time Part time Laborers $11.'2 Technical Managerial $3111 S26.89 Administrative S18.43 $14.94 rr owi •e t ein•ivi.ua responsi•e or coor.inating wit WorkOne on recruitin-? Not applicable Does your company have an EEO hiring policy? Are you an EEO employer? Yes Yes Please list the number of full time and part time minority and/or female employees for each of Please describe your commitment to the last three years: diversity and inclusion by detailing your outreach and recruitment efforts for the last Year 2012 2013 2014 three years as well as current policies. Full Time Part Time Full Time Part Time Full Time Part Time Black 23 33 26 FedEx's diversity mission statement Hispanic says"we value the contributions and p 1 10 perspectives of all employees Asian __- -- regardless of race.gender,culture.n religion.age,nationality,disability,or Indian sexual orientation." For detailed information about diversity and inclusion Female 29 38 2 33 at FedEx,please refer to the _-__-- company's se at http://about.van. Other fedex.com/diversity. Complete,below for Real or Personal Property Tax Abatement only. Please sign for all requested incentives. Public Benefit It em: Information is required on both the construction companies and the companies which will provide materials purchased for this project. Please complete the table below with the appropriate information. If Qualify Earned Points Available Points (Yes or No) you qualify for the points,please enter the full amount of available points. 1 Construction Related(Contractors): A. Employ Local Companies(75%) ''es 20 20 B. Purchase Materials from Local Companies(75%)f M. 0 20 C. Require Employees vs.Independent Contractors No 0 19 O Require Prevailing Wage(Davis Bacon) No 0 22 F Require Health Benefits No 0 22 r Require Pension Benefits No 0 18 Maintain Affirmative Action Plan No 0 20 IISub-total Construction Related: 20 141 2 Wage&Benefit Related(_Owner): A. Pay Target Wage Levels Yes 33 33 B. Provide Health Benefits Yes 34 34 C. Provide Pension Benefits Yes 29 29 D. Provide Training Yes 28 28 E. Provide Child Care No 0 15 F. - Provide Transportation Assistance No 0 14 6. Provide Employer Assisted Housing program No 0 9 ISub-total Wage&Benefit Related: 124 162 3 Workforce Related: A. Create New Jobs Yes 42 42 B. Retain Existing Jobs Yes 41 41 C. Maintain Affirmative Action Plan Yes 35 35 No 0 D. Provide Targeted Hiring Preference 34 Sub-total Workforce Related: 118 _ 152 4 Support a Municipal Facility: Support a SB Municipal Facility(donations to the A. No 0 zoo,conservatory,museum,etc.) 84 Name of Facility I !Sub-total Municipal Facility: o $4 Sub-total from Above: 262 1 539 The undersigned owner(s)of real property,located within the City of South Bend,herby petition the Common Council of the City 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 seq.,and South Bend Municipal Code Sec.2-76 et seq.,for this petition state the above. Submitted By: Date: I , What is the current assessed value? Real Property: $28,200 Personal Property: SO What is the projected assessed value? 'Real Property: 514.600.000 Personal Property: $15.000.000 What is the tax key number for this project? 025-1010016902 What is the six digit NAICS code? 492110 Please attach a Google map and street view of the location. See Attachment A Please list the amount of real and personal property taxes Real Property Taxes: Personal Property Taxes: paid for the last five years when applicable. Year One S1,502_58 N/A Year Two S1,396.01 NiA Year Three $1,261.54 N/A Year Four $1,004.65 N/A Year Five 5889.06 N.'A Staff Use Only Please fill out the Public Benefit Summary Information and add to the total from above. IYorNI Points Points Public Benefit Item: Project Related: 5 A. Redevelop a Site that has Special Needs 49 B. Develop Based on Local University Research 35 C. Achieve a Physical Element of a Plan 36 Sub-total Project Related: 0 120 Super Size Projects(point values are cumulative): A. 100%to 199% 25 B. 200%to 299% 68 C. 300%to 399% 65 D. 400%and Over 52 Sub-total Super Size Projects: 0 210 7 Pay for Municipal Infrastructure: A. Pay for Oversizing or Upgrading 14 B. Pay for 26-50%of Extension Cost 26 C. Pay for 51-75%of Extension Cost 39 D. Pay for 76-100%of Extension Cost 52 Sub-total Infrastructure Related: C Total from Applicant Section: 262 639 Total from Staff Section: 3 Total Public Benefit Points: 262 1,J-1, Supplement to Petition for Incentives Frequently Asked Questions We are frequently asked to explain the following questions,in an effort to clarify we are providing answers below. 1)How do I pay my petition filing fee? Your petition filing fee can be paid either in person or via mail to: City Clerk's Office Attn:Deputy City Clerk 227 West Jefferson Blvd. •Suite 400 S South Bend,Indiana 46601 2)Certified Technology Park appropriate?(Page one,under project overview) In the South Bend area there are only two Certified Technology Parks,Innovation Park and Ignition Park. If your property is not located in either then the answer would be no. 3) Community Revitalization Enhancement District?(Page one,under project overview) The map below outlines the CRED area,please check to see if you fall within the boundaries. _ CREeD District Boundary Grace __'_South South Ford e'er p� /l-. A -.. Y W . Poland c iDunham i Fither a 1 Tuft Tuft Sample SKerr Onn 5 1 Gant LL ref grJ6on Stet 1 1 l 1 1 Broadway Edward g Haney•Legend M N Qcne.oau,a romans 2 Indiana r I I South Band Patna'. 4) Has any 504 funding been received? (Page one,under investment details) 504 Funding is a loan that come from the Small Business Administration. This funding must be applied for to be received. 5)Total training expenditure-not cumulative(Page two,under full time Indiana resident positions) The amount of money to be spent per year on training over the course of the project. 6)Total number to be trained-not cumulative(Page two,under full time Indiana resident positions) The amount of people that you will train per year over the length of the project. If you have any additional questions that are not addressed by this document,please contact Sarah Heintzelman in the Department of Community Investment at 574.235.5842 or email at<heint;.c a c uth'en I ,1, - - -d in Clerk's Office f','!I 1 r. ?.01 1 JOHN VOOfDE CITY CLERK,SOUTH BEND,IN Attachment A—Google Map and Street View ! C • i G IP yy Pwry 1.x,.1 . i 1....H So..er•Petl... . , I/ , • • • .,. 1 ml CMIr1• G.:1.4 e.,. 1W !v'•LI "b,1, 4 • ^ubwA • + wYII- , it l ` _ .Map dim l]61404.e4 e•.•. e..ee} •ya.•problem 1060 • 0111110, Southend IM1 M628- 'W4.,,M.Mbeas 4- .,A.'1 O.SUee.Yew.icy 2011 9 • ili • "r"-"It 114101-*7. . —— '�I`• .,:;',....;...• - Y',L.- 4• ." z '.'S Y Jr !.' . c1. N • A.1 aC • F S°UTH e� 0/ti O °d Department of j er`;•• a9 Community Investment I865_. /0 11— Council Member Gavin Ferlic, Chairperson Community Investment Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 Dear Mr. Ferlic: Community Investment has received a request from the petitioner, FedEx Ground Package System,to continue consideration for tax abatement until the September 14, 2015 Committee meeting. The petitioner's representative is not available to meet with the Committee due to a scheduling conflict. Thank you, Brock Zeeb Director of Economic Resources Community Investment Filed in CiPoes Office An 2 4 2015 I JOHN Vo, - CITY CLERK,SO ;'- :itND,IN