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Designating Tax Abatement - Automatic Molded Plastics 3107 N. Kenmore Phase IV Airport Industrial Park (5 Year Real Property)
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Designating Tax Abatement - Automatic Molded Plastics 3107 N. Kenmore Phase IV Airport Industrial Park (5 Year Real Property)
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11/4/2015 9:31:17 AM
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11/4/2015 9:31:16 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/28/1985
Ord-Res Number
1253-85
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r <br /> • <br /> s <br /> s <br /> e A6628 ASS oc <br /> a �Ess 11 \� AOA Q a1 a.SW* <br /> ff ® 03P�o9V J�g,9d2gg2 R',,` 1 an (1 <br /> 36 ?P.so 2 �� Q 5( /w <br /> December 6, 1984 <br /> Cannon Council <br /> City of South Bend, <br /> Indiana <br /> The real property under consideration for tax abatement <br /> is needed by Automatic Molded Plastics, Inc. to increase its <br /> manufacturing facilities to meet customers' orders. <br /> Consolidated sale for the fiscal year ended, September 30, <br /> 1984, was $16,863,000 compared to $12,519,000 for the previous <br /> year. To maintain this 34% growth, and provide for 50 new jobs <br /> with an estimated annual payroll of $587,000, it became obvious <br /> the cwnpany needed additional facilities. <br /> In addition to creating new jobs for the South Bend area, <br /> this expansion will increase the real and personal property tax <br /> base. <br /> Your favorable response is respectfully requested. <br /> Sincerely, / <br /> Larry Deskovich <br /> Special Projects Manager <br /> LD/jld <br /> • <br />
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