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Confirming Tax Abatement - 5855 Carbonmill Drive - GWSB Properties, LLC
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Confirming Tax Abatement - 5855 Carbonmill Drive - GWSB Properties, LLC
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Entry Properties
Last modified
10/17/2007 2:27:44 PM
Creation date
10/17/2007 1:03:34 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/24/2007
Ord-Res Number
3789-07
Bill Number
07-122
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5. (a) The real property for which tax abatement consideration is petitioned (Property) is owned <br />or to be owned by the following individuals or corporations (if the business organization <br />is publicly held, indicate also the name of the corporate parent, if any, and the name under <br />which the corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST (%) <br />GWSB Properties, LLC 140 LN 470C, Lake James 100% <br />Angola, IN 46703 <br />(b) The following other person(s) lease, intend to lease, or have an option to buy the Property <br />(include corporate information as required in 5(a) above, if applicable); <br />NAME ADDRESS I1V'TERFST(%) <br />REW, LLC d/b/a_ 5681 W Cleveland Rd 100% <br />Corporate Services, Inc. South Bend, IN 46628 <br />6. The commonly known address of the Property is: <br />5855 Carbonmill Drive, South Bend, IN 46628 <br />7. The Key Number(s) of said property is: 25-1009-015210 <br />8. A legal description of the above address is attached hereto, marked AExhibit <br />A,@ and incorporated herein. <br />9. A map and/or plat describing the Properly is attached hereto, marked AExhibit <br />B,@ and incorporated herein. <br />10. Photographs of the properly, taken within two (2) weeks of filing of this petition, <br />are attached hereto, marked AExhibit C,@ and incorporated herein. <br />11. The redevelopment or rehabilitation project itself will create 18 full-time <br />and 0 part-time permanent jobs within the first year, representing a <br />new annual payroll of $ 465,000 and will maintain 6 existing <br />permanent full-time and 0 existing permanent part-time jobs including <br />existing permanent full-time minority employment of 5 and existing <br />permanent part-time minority employment of 0 with an annual <br />payroll of $ 156,000. These payroll numbers do not include benefits, <br />which all are eligible for. <br />12. The projected annual salaries for each new position indicated above are <br />2 <br />(Rev 12/29/06) <br />
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