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Confirming Tax Abatement - 211 N. Eddy Street - The South Bend Clinic, LLP, South Bend Mac, L.P. & Eddy Property Development, LLC
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Confirming Tax Abatement - 211 N. Eddy Street - The South Bend Clinic, LLP, South Bend Mac, L.P. & Eddy Property Development, LLC
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Last modified
10/17/2007 2:44:38 PM
Creation date
10/4/2007 2:29:07 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/26/2007
Ord-Res Number
3712-07
Bill Number
07-36
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incorporated herein. See Attached Exhibit A <br />9. A map and/or plat describing the Property is attached hereto, marked "Exhibit B," and <br />incorporated herein. See Attached Exhibit B <br />10. Photographs of the Property, taken within two (2) weeks of filing of this petition, are <br />attached hereto, marked "Exhibit C," and incorporated herein. See Attached Exhibit C <br />11. The redevelopment or rehabilitation pro~ect itself will create 40 full-time and 6 part-time <br />permanent jobs~a~ within the first year ~, representing a new annual payroll of 4.86 <br />millions°~ and will maintain 409 existing permanent full-time and 62 existing permanent <br />part-time jobs with an annual payroll of $34.5 million~`~ including existing permanent <br />full-time minority employment of 52 and existing permanent part-time minority <br />employment of 7. <br />Footnotes to # 11 <br />(a) New positions include medical providers physicians and mid level providers) as <br />well as support staff. <br />fib) Due to the timing of additions to bring online the new facilities, first year has <br />been assumed to be the twelve months before and/or after the opening of the new facility. <br />(c) Compensation includes additional benefit cost/contribution factor of 27% for <br />retirement plan, medical, dental, life insurance, FICA, etc. Payroll for physician <br />providers (i.e. partners or associate partners) is calculated by their contract or estimated <br />K-1 earnings. <br />12. The projected annual salaries for each new position indicated above are estimated to be as <br />follows (If more space is needed, please attach a separate sheet): <br />All total compensation figures which follow do not include a 27% benefit factor on top of <br />base salary or hourly wage rates. Average compensation per physician providers is <br />estimated at $179,000. Average compensation per Medical Assistant is 12.50/hr. <br />Average compensation per Audiologist is $50,000/yr. Average compensation per Nurse <br />Practitioner is $65,000/yr. Average compensation per Registered Nurse is 16.00/hr. <br />Avera a compensation per Licensed Practical Nurse is 12.50/hr. Avera_ eg compensation <br />per Radiological Technologist is 18.00/hr. Average compensation per Clinical Float staff <br />is 14.00/hr. Average compensation per Phlebotomist is 10.00/hr. Avera eg compensation <br />per clerical and records staff is 10.00/hr. Average compensation per Patient Service <br />representative is 12.00/hr. Avera eg_ compensation per Accounts Receivable and Collector <br />staff is 14.00/hr. Avera a compensation per Administrative, Human Resource and <br />Information Systems staff is $57,000/yr. <br />-3- <br />
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