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Confirming Tax Abatement - 2001 West Washington - Royal Holdings, Inc. d.b.a. Royal Adhesives
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Confirming Tax Abatement - 2001 West Washington - Royal Holdings, Inc. d.b.a. Royal Adhesives
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4/7/2009 12:58:46 PM
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4/7/2009 12:58:46 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
3/9/2009
Ord-Res Number
3955-09
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CITY OF SOUTH BEND PETITION FOR <br />TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION <br />The undersigned owner(s) of new manufacturing equipment, personal property, <br />located within the City of South Bend, hereby petitions the Common Council of the <br />City of South Bend for personal property (new manufacturing equipment) tax <br />abatement consideration and pursuant to I.C., 6-1.1-12.1, et seg•, and South Bend <br />Municipal Code Section 2-84.2, et seg•, for this petition states the following: <br />1. Describe the proposed project, including information about the new <br />manufacturing equipment personal property (Aequipment@) to be installed, the <br />amount of land to be used, if any, the proposed use of the equipment, and a <br />general statement as to the value of the project to your business. <br />~' ~ZopOS E,D ~',o.~t~ZT '' S'EGTio^/ <br />2. The project will create ~ ~ new, permanent jobs within the first year, <br />representing a new annual payroll of $ ~ ~ ~ 10, $Of~, oO and will maintain <br />1 / (Q, existing permanent full-time and 1 existing part-time jobs <br />representing an annual payroll of $ ~ l37 .The projected annual salaries <br />for each new position created are estimated to be as follows• <br />3. Estimate the total cost of the Equipment: ~.3 ~C~ O 7~ <br />4. (a) The Equipment is owned or to be owned by the following individuals or <br />corporations (if the business organization is publicly= held, indicate also the <br />name of the corporate parent, if any, and the name under which the <br />corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST <br />~oy!R[, h(otnin/e~ .,Tvc . aaei W Gl/~rsNiNLnw~ ~. /00 <br />~Sovrk .~~~re ..TJ ~r6G ~.~ <br />(Revised 8/2/02) 1 <br />
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