HomeMy WebLinkAboutSubstitute 17-62 Designating Real Property Tax Abatement for Tri-Pac, Inc. p�SpUTH.&
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W\PE'iACE
x X
1865
CITY OF' SOUTH BEND
COMMUNITY INVESTMENT
October 4, 2017
Filed in Clerk's Office
Council Member Gavin Ferlic, Chairperson
Community Investment Committee OCT 04 2017
South Bend Common Council
4th Floor, County City Building KAREE19 4;FOWLER
South Bend, IN 46601 CITY CLERK,SO::T`~BEND,IN
RE: Real Property Tax Abatement Petition for: Tri-Pac, Inc.
Dear Council Member Ferlic:
Please find the attached information pertaining to a real property tax abatement petition
for Tri-Pac,Inc:
Tri-Pac,Inc. is a turnkey contract manufacturer and filler of aerosol and non-aerosol
consumer goods. Markets served include Personal Care, OTC,Household,Automotive,
Institutional,Defense/Military and Sporting Goods. They are currently located in
Vandalia,MI and are seeking to relocate their business in South Bend,IN.
➢ 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. Tri-Pac,Inc.
will be investing approximately$1,000,000 in the expansion to the property located at
3333 N Kenmore St, South Bend,IN 46628. Tri-Pac is poised to bring in
Chemist/R&D/Manufacturing jobs and technology through organic growth and
acquisitions. This expansion will allow them to meet market demands and acquire new
customers. The project meets the qualifications for a(7) seven year real property tax
abatement and a representative from Tri-Pac,Inc. will be available to meet with the
Committee on October 9t',2017.
EXCELLENCE ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT
1400S County-City Building 1 227 W.Jefferson Bvld.1 South Bend,Indiana 466011 p 574.235.93711 www.southbendin.gov
CITY OF SOUTH BEND I COMMUNITY INVESTMENT
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 235-5823.
Sincerely,
Dan Buckenmeyer
Director,Business Development
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ACCOUNTABILITY EXCELLENCE � A I INNOVATION INCLUSION EMPOWERMENT
14005 County-City Building 1 227 W Jefferson Bvld.I South Bend,Indiana 466011 p 574.235.93711 www.southbendin.gov
SOUTH.& Filed in Clerk's Office
mod.
OCT 04 2017
_PEACE:
KAREEMA111 FOWLER
1865 x CITY CLERK,SO,JT i BEND. 6�1
CITY OF SOUTH BEND
COMMUNITY INVESTMENT
TAX ABATEMENT REPORT
TO: SOUTH BEND COMMON COUNCIL
FROM: Austin Gammage
SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR:
Tri-Pac,Inc.
DATE: October 4, 2017
On Tuesday September 261, 2017, a petition from Tri-Pac was received and subsequently filed
with the City Clerk for real property tax abatement consideration for property to be located 3333 N
Kenmore St. 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
➢ Real estate Property
➢ New project taxes over the 7 year abatement period—$196,432
➢ Estimated taxes being abated during seven year abatement period—$83,991
➢ Total taxes to be paid on property expansion over the next seven years—$313,710
EXCELLENCE ( ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT
1400S County-City Building 227 W.Jefferson Bvld.1 South Bend,Indiana 466011 p 574.235.93711 vwwv.southbendin.gov
CITY OF SOUTH BEND i COMMUNITY INVESTMENT
EMPLOYMENT IMPACT
Per the petition, it is estimated that the total project will:
➢ Create (33) permanent full time jobs within 3 years, representing a new annual
payroll of$1,373,840.
➢ Maintain(7)permanent full-time jobs with a payroll of$500,864.
➢ The hourly wages for employees will range from$18 to $33.50.
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(7) seven-year real property tax abatement under section 2-84.2,Tangible
Real Property Tax Abatement.
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EXCELLENCE j ACCOUNTABILITY I INNOVATION ( INCLUSION EMPOWERMENT s
1400S County-City Building 1 227 W.Jefferson Bvld. South Bend,Indiana 46601 I p 574.235.93711 wvvw.southbendin.gov
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RESOLUTION NO.
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN
THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3333 N Kenmore St, South Bend, IN 46628
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
(7) SEVEN-YEAR REAL PROPERTY TAX ABATEMENT FOR
Tri-Pac, Inc.
WHEREAS, a petition for real property tax abatement consideration has been filed with
the City Clerk for consideration by the Common Council of the City of South Bend, Indiana,
requesting that the area commonly known as Tri-Pac,Inc. and which is more particularly described
as follows:
466.42' X 452' BEG 821.42' W NE COR NE SEC 28-38-2E 5 AC
391.24'X 452'NE OF DRAINAGE COURSE SEC 28-38-2E 4.064 AC
and which has Key Numbers 025-1010-038504 and 025-1010-038505, respectively, and be
designated as an Economic Revitalization Area under the provisions of Indiana Code 6-1.1-12.1
et sM., and South Bend Municipal Code Sections 2-76 et sec., and;
WHEREAS,the Department of Community Investment has concluded an investigation and
prepared a report with information sufficient for the Common Council to determine that the area
qualifies as an Economic Revitalization Area under Indiana Code 6-1.1-12.1, et sec., and South
Bend Municipal Code Sections 2-76, et SeMc., and has further prepared maps and plats showing the
boundaries and such other information regarding the area in question as required by law; and
WHEREAS,the Community Investment Committee of the Common Council has reviewed
said report and recommended to the Common Council that the area qualifies as an Economic
Revitalization Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION 1. The Common Council hereby determines and finds that the Petition for Real Property
Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the
requirements of Indiana Code § 6-1.1-12.1 et seq., for tax abatement.
SECTION II. The Common Council hereby determines and finds the following:
A. That the description of the proposed redevelopment or rehabilitation meets the
applicable standards for such development;
B. That the estimate of the value of the redevelopment or rehabilitation is reasonable
for projects of this nature;
C. That the estimate of the number of individuals who will be employed or whose
employment will be retained by the Petitioner can reasonably be expected to result
from the proposed described redevelopment or rehabilitation;
D. That the estimate of the annual salaries of those individuals who will be employed
or whose employment will be retained by the Petitioner can be reasonably expected
to result from the proposed redevelopment or rehabilitation;
E. That the other benefits about which information was requested are benefits that can
be reasonably expected to result from the proposed described redevelopment or
rehabilitation; and
F. That the totality of benefits is sufficient to justify the requested deduction, all of
which satisfy the requirements of Indiana Code § 6-1.1-12.1-3.
SECTION III. The Common Council hereby determines and finds that the proposed described
redevelopment or rehabilitation can be reasonably expected to yield benefits identified in the
Statement of Benefits, Sections 1 through 3 of the Petition for Real Property Tax Abatement
Consideration and the Memorandum of Agreement between the Petitioner and the City of South
Bend, and that the Statement of Benefits form completed by the petitioner, said form being
prescribed b the State Board of Accounts, are sufficient to justify the deduction granted under
Indiana Code § 6-1.1-12.1-3.
SECTION IV. The Common Council hereby accepts the report and recommendation of the
Community Investment Committee that the area herein described be designated as an Economic
Revitalization Area and hereby adopts a Resolution designating this area as an Economic
Revitalization Area for purposes of real property tax abatement.
SECTION V. The designation as an Economic Revitalization Area shall be limited to two (2)
calendar years from the date of the adoption of this Resolution by the Common Council.
SECTION VI. The Common Council hereby determines that the property owner is qualified for
and is granted property tax deduction for a period of(7) seven years as shown by the schedule
outlined below as well as the attachment pursuant to Indiana Code 6-1.1-12.1-17.
Year 1 - 100%
Year 2 - 100%
Year 3 - 100%
Year 4 - 100%
Year 5 - 100%
Year 6 - 100%
Year 7 - 100%
SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of
this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana
Code § 5-3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication providing notice of the public
hearing before the Common Council on the proposed confirming of said declaration.
SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the
Common Council and approval by the Mayor.
Member of the Common Council
Filed in Clerk's Office
FO-CT-0-5- 2017
tESENTED
NOT APPRo�a �{.' ;="s•' a�t.*'Rp
CITY CL�-n� P
7E4Z
[10
RESOLUTION NO.
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3333 N Kenmore St, South Bend, IN 46628
AS AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A SEVEN (7) YEAR REAL
PROPERTY TAX ABATEMENT FOR
Tri-Pac, 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 3333 N
Kenmore St, South Bend, IN 46628 and which is more particularly described as follows:
Real Estate Property
and which has Key Numbers 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 real 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 real property tax deduction for a period of seven(7)years as shown by the schedule
outlined below as well as 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 se .
Year 1 - 100%
Year 2 - 100%
Year 3 - 100%
Year 4 - 100%
Year 5 - 100%
Year 6 - 100%
Year 7 - 100%
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.
Member of the Common Council
Filed in Clerk's Office
OCT 04 2017
KAREEMAH FOWLER
PRESENTED
CITY CLERK,SOUTH REND, IN
NOT APPROVED
ADOPTED
City of South Bend
Petition for Incentives
Petition must Include a$250 filing fee payable to the City Clerk's Office or onllne via the City's website of
1965
http://southbendin.gov/government/content/tax-abotement before processing can be complete
General Information Project Name I I Project Number 419410
Legal name as registered wlth Secretary of Tri-Pac, Inc. (Not registered in Indiana yet-MI based corporation)
5t e
Business structure C Corporation
Company website
www.tri-pa c.us
Propq.ed for
Project Iltrnatl0n
Proposed project address 3333 N Kenmore St Parent company name
City,State,Zip South Bend, IN 46628 Legal owner Dafir Realty LLC
Site acreage or acreage required 15 acres(5 acres for building) tsthereal estate owned or Owned
Square feet of facility 55,600 If leased by whom
Primary Contact Information ,
Primary company contact name Vikram Shah Title President
Address of company contact 17336 M60 E Phone 269-476-2303
City,State,Zip Vandalia, MI 49095 Email vikram.shah @tri-pac.us
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/agentname RSM US LLP/Eric Levenhagen Consultant release(Y/N) Y
Address 9225 Priority Way West Drive 4200 Local economic development partners Y
City,State,ZIP Indianapolis, IN 46240 Email eric.levenhagen @rsmus.com
Project Overview
Brief descrlption of your Tri-Puc,Inc(TPI),which was founded as a Michigan Corporation in 2009,is a cerfried
company,project,and why the minority-ovmed business for turnkey chemical contract manufacturing of aerosols and liquids Vikram
property Is necessary for Shah is the Founder after working over 30 years at Accra Pac In Elkhart,Indiana.TPI currently has
economic growth over 40 total staff in Michigan with 11 staff out of that total residing in Indiana.TPI clients
include Fortune 500 clients,Department of Defense and other muldnallonal marketing companies TPI
is ISO 9001,ISO 14001 certified,registered with FDA,EPA,ITAR and DOD and compliant with ISO
1 8001 and ISO 13405 Products produced include personal care.OTC,household,institutional
products and others for mllitary/security organizations.TPI has 5 high speed manufaUudngl ! Filed in Cleric's Nfice
filling lines currently housed in Vandalia.Michigan, 1 __
TPI ties added over 25MM capacity in 2017 and Is shiflino primary focus towards Pharmaceutical and
O rC manufacturing,anew business area that Is quickly growing for TPI TPI is cunently I ^, t
considering sites in Indiana,Michigan,Ohio and Illinois and is looking to move its primary stale { 5 EP 2 6 20 1
of incorporation(if not Michigan),headquarters and operations to Its new location TPI Is a fast ,
growing manufacturing company and Is poised to bring In ChamisUR&D/Manuracludng jobs and 1
technology through organic growth and acquisitions If the company purchases the 3333 N Kenmore
building In South Bend,then there will be a need for over$2 million building upgrades and at KAREE:fAAI-t FOY'LER
least 32 million new equipment to Indiana.The company needs HBI Tax CrediUSEF Training Qt Y CLERK,SOUTH END,IN
suppon from Indiana along with Tax Abatement assistance from City of South Bend to move HC/Menufbe-h 9
to Indiana.
Certified Technology Park appropriate No
Is the project In a Tax Incremental Financing NO
IF I area? f5o.which?
Certify that the Building Permit has not been Y Number of residential units created by 0 fyINI i<� ,1
If this is a petition for personal propertytax abatement,has NO
theequipment been Installed
Investment Details
Public Infrastructure needs(off Has any 504 funding been what Is the value of any 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 stale for the project?
$0 No $00,000 $1,200,000
New Protect Investments
Calendar Year 2016 2017 2018 2019 2020 2021 2022 2023
Land Acquisition $150,000
Building Lease Payments
Building Purchase Costs $1,350,000
New Building Construction
Existing Building Improvements $200,0001$700,000 $100,000
New Machinery&Equipment $100,000 $1,200,000 $200,000
Special Tooling/Retooling
New Furniture/Fixtures $25,000
New Computer/IT Hardware
Now Software $100,000
On-site Rill Infrastructure
on-site Fiber Infrastructure
TOTAL $0 $1,800,000 $2,025,000 $300,000 $0, $0, $0 $o
Full-Time Permanent Indiana-Resident Positions by Calendar Year
Calendar Year Jabs retained Total hourly Cumulative It of net NEW full time Hourly average wage,w/o Total training Total N to be
wage w/o permanentjobs created at project benents or bonuses,of expenditure- trained-not
fringe or cumulative net new jobs not cumulative
bonuses cumulative
2016 7 $34.40
2017 3 $33.50 $30000 1 10
2018 10 $20 $90000 15
2019 20 $18 $30000 10
2020
2021
2022
2023
2024
2025
2026
2027
Provide hourly wage Information for new employees in the following positions.
Full time Part time
Laborers $16
Technical S21
t
Managerial $35
Administrative
ow e the Individual responsible for coordinating with Ulkf2fTl Shah
WmkOne on recrultln ?
Does your company have an EEO hiring policy? Yes Are you an EEO employer? 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 l
outreach and recruitment efforts for the last ,
Year three years as well as current policies. t
,11 Tlme I Part Time Full Time Part Time Full Time Part Tlme
Black
Company maintains
Hispanic �
Affirmative Action plan
Asian
and has partnered with
Indian
local Work0ne group
Female to recruit eligible hires. ,
Ot}rer
i
Complete below for Real or Personal Property Tax Abatement only.
Please sign for all requested incentives.
Public Benefit Item:
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(Yes or No) Earned Points Available Points
you qualify for the points,please enter the full amount of available
points.
1 Constructlon Related(Contractors):
A. Employ Local Companies(75%) Yes 20 20
D. Purchase Materials from Local Companies(75%) Yes 20 20
C. Require Employees vs.Independent Contractors Yes 19 19
D. Require Prevailing Wage(Davis Bacon) Yes 22 22
E. Require Health Benefits Yes 22 22
F. Require Pension Benefits Yes 18 18
G. Maintain Affirmative Action Plan Yes 20 20
Sub-total Construction Related: 141 141
2 Wape&Benefit Related(Owner):
A. I 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 15
F. Provide Transportation Assistance No 14
C. Provide Employer Assisted Housing program No 9
Sub-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
D. Provide Targeted Hiring Preference
Yes 34 34
Sub-total Workforce Related: 152 152
4 Support a Municipal Faculty:
Support a SB Municipal Facility(donations to the
A. zoo,conservatory, Yes 84 84
ry museum,etc.)
Name of Facility
Sub-total Municipal Facility: 84 84
Sub-total from Above: 501 539
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 se g.,and
South Bend Municipal Code Sec,2-76 etTeq.,for this petition state the above.
Submitted By: t;4-1r�-- — ----�� i r Date: September 21,2017
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STATEMENT OF BENEFITS l=ill��l ttl rlofl"'W C)fficz3 ! 2018 PAY 20 19
y3 REAL ESTATE IMPROVEMENTS C
Stale Form 51707(Ra/10-14) 1 SEp cl r 2011 FORM SB-1/Real Property
r
Prescribed by the Department of Local Government Finance �l f V I PRIVACY NOTICE
This statement is being completed for real property that qualifies under the folloWing Ind�Q a Codt3(cryeck,op rpox}: I Any Information concerning the coat 1. r of tho proporty and epedfic ealartoa
Q Redevelopment or rehabilitation of real estate Improvements(IC 6-1.1-12.1 fUl 1 paid to IndlvI ual employees by the
-it❑Residentially distressed area(IC 6-1.1-12.1-4.1) Y CLE}il<,St)t1(r r"',30 L_ ,111 Fropper1.1ty.12.1.5.1.ovmer Is confidential per
C G-
INSTRUCTIONS:
1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if ilfe designating body requires
Information from the applicant In malting its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement must be
submitted to the designating body BEFORE the redevelopment or rehabilitation of reel property for which the person wishes to claim a deduction.
2. Tire statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before tike initiation of
the redevelopment orrehabll/tation for which the person desires to claim e deduction.
3. To obtain a deduction,a Form 3221RE must be filed with the County Auditor before May 10 In the year in which the addition to assessed valuatlon Is
made or not later then thirty(30)days after the assessment notice Is malted to the property owner ifit Ives mailed afterApril 10. A property owner who
felled to file a deduction application within file prescribed deadline may file an application between March 1 and May 10 of e subsequent year.
4. A property owner who files for the deduction must provide file CountyAudltor and designating body with a Form CF-1/Real Property. The Form CF-1/Real
Property should be attached to the Form 3221RE when the deduction is first claimed and then updated annually for each year the deduction Is applicable.
IC 6-1.1-12.1-5.1(b)
5. For a Form SB-1/Real Property that is approved after June 30, 2013, the designating body Is required to establish an abatement schedule for each
deduction allowed. For a Form SB-1/Real Property that Is approved prior to July 1, 2013, the abatement schedule approved by the designating body
remains In effect iC 6-1,1-12.1-17
SECTION TAXPAYER INFORMATION
Name of taxpayer
Tri-Pac, Inc.
Address of taxpayer(number and street,city,state,and ZiPcode)
3333 N Kenmore St, South Bend, IN 46628
Name of contact person Telephone number E-mall address
Vikram Shah, President ( 269 ) 476-2303 vikram.shah tri- ac.us
SECTION LOCATION AND .
Name of designating body Resolution number
South Bend City Council
Location of property County DLGF taxing district number
3333 N Kenmore St, South Bend, IN 46628 St Joseph 009/003
Description of real property Improvements,redevelopment,or rehabilitation(use additional sheets Itnecessary) Estimated start date(month,day,year]
Building purchase with planned upgrades to onsite infrastructure and modifications to R&D lab/equipment 11/15/2017
Estimated completion date(month,day,yea)
12/31/2019
Current number Salaries Number retained Salaries Numberaddilional Salaries
7.00 $495,000.00 7.00 $748,800.00 20.00 $748,800.00
REAL ESTATE IMPROVEMENTS
COST ASSESSED VALUE
Current values
Plus estimated values of proposed project 1,000,000 00 1.000,000.00
Less values of any property being replaced
Net estimated values upon com lelion of roact 1,000,000 co 1,000,000.00
• • • . •
Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds)
Other benefits
SECTION
I hereby certify that the representations in this statement are true.
Signature of authorize 7epresentative Date signed(monfh,day,year)
September 21, 2017
Printed name of-authorized representative Title
Vikram Shah President
Page 1 of 2
I
I
FOR USE OF DESIGNATING :•D
We find that the applicant meets the general standards In the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed
under IC 6-1.1-12.1,provides for the following limitations:
A. The designated area has been limited to a period of time not to exceed calendar years*(see below). The date this designation
expires Is
B. The type of deduction that Is allowed in the designated area Is limited to:
1.Redevelopment or rehabilitation of real estate improvements ❑Yes ❑No
2,Residentially distressed areas ❑Yes ❑No
C. The amount of the deduction applicable is limited to$
D. Other limitations or conditions(specify)
E. Number of years allowed: ❑Year 1 ❑Year 2 ❑Year 3 ❑Year 4 ❑ Year 5 (*see below)
❑Year 6 ❑Year 7 0 Year 8 ❑Year 9 ❑ Year 10
F. For a statement of benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1,1-12.1-17?
❑Yes ❑No
If yes,attache copy of the abatement schedule to this form.
If no,the designating body Is required to establish an abatement schedule before the deduction can be determined.
We have also reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have
determined that the totality of benefits is sufficient to justify the deduction described above.
Approved(signature and fide of authorized member ofdoslgnating body) Telephone number Dale signed(month,day,year)
Printed name of authorized member of designating body Name of designating body
Attested by(slgnaluro and llfle ofalfeslef) Printed name of attester
*If the designating body limits the time period during which an area is an economic revitalization area,that limitation does not limit the length of time a
taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17.
A. For residentially distressed areas where the Form SE-1/Real Property was approved prior to July 1,2013,the deductions established in IC
6-1.1-12.1-4.1 remain in effect.The deduction period may not exceed five(5)years. For a Form SBA/Real Property that is approved after June 30,
2013,the designating body Is required to establish an abatement schedule for each deduction allowed. The deduction period may not exceed ten
(10)years, (See IC 6-1.1-12,1-17 below,)
B. For the redevelopment or rehabilitation of real property where the Form S13-1/Real Property was approved prior to July 1,2013,the abatement
schedule approved by the designating body remains in effect.For a Form SB-1/Real Property that Is approved after June 30,2013,the designating
body is required to establish an abatement schedule for each deduction allowed.(See IC 6-1,1-12.1-17 below.)
IC B 1.1-12.1-17
Abatement schedules
Sec.17,(a)A designating body may provide to a business that Is established in or relocated to a revitalization area and that receives a deduction under
section 4 or 4.5 of this chapter an abatement schedule based on the following factors:
(1) The total amount of the taxpayer's investment in real and personal property,
(2) The number of new full-time equivalent jobs created.
(3) The average wage of the new employees compared to the state minimum wage.
(4) The infrastructure requirements for the taxpayer's investment.
(b) This subsection applies to a statement of benefits approved after June 30,2013. A designating body shall establish an abatement schedule
for each deduction allowed under this chapter. An abatement schedule must specify the percentage amount of the deduction for each year of
the deduction. An abatement schedule may not exceed ten(10)years.
(c) An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under
t
the terms of the resolution approving the taxpayers statement of benefits.
}
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Page 2 of 2
St.Joseph Indiana,Assessor Page i of' 1
StJoseph Indiana, Assessor
genernied nn 811-112017 9-1R•34:lA/('/JT
Parcel
Parcel Address AV-Total Land& Data as of
Parcel ID Improv.
71-03-28-201- 3333 N KENMORE ST $674,500 8112/2017 2:05:00 PM
005.000-009
Owner Information
Owner Name Dafir Realty LLC
Owner Address %P E Dittrich
Granger IN 46530-7434
Transfer Date 04/24/1995
Location Information
District No. 009 Section&Plat
Area No. 003 State Assigned District No. 009
Parcel Address 3333 N KENMORE ST Routing No. 3-28C
Parcel Address 3333 N KENMORE ST
Legal Desc. 466.42'X 452'Beg 821,42'W Ne Cor Ne Sec 28-
38-2e 5 Ac
Parcel Information Topography Services
Level Y Water Y
Zoning High N
Property Class Code 340 Sewer Y
Neighborhood Code 7109013 Low N Gas Y Rolling N
Neighborhood Factor 100.00 Swampy N Electricity Y
Neighborhood Type B Sidewalk N
Flood Hazard Alley N
Street or Road Code A Waterfront Property Type
Assessment Information
Current AV-Total Land $32,500 AV-Res.Land&Lots $0 Legal Acreage .0000
Current AV-Total Improv, $642,000 AV-Res.Improv. $0 Average AV/Acre $0
AV-Total Land&Improv. $674,500 AV-Res.Land&Improv. $0 Appraisal Date
AV-Commercial Land $32,530 AV-Non-Res.Land $32,500 Reason for Change Code 19
AV-Comm.Improv. $642,000 AV-Non-Res.Imp. $642,000 Prior AV-Total Land $32,500
AV-Comm.Land&Imp. $674,530 AV-Non-Res.Land&Improv. $674,500 Prior AV-Total Improv. $787,200
AV-Dwelling $0 AV-Classified Land $0 Ad).Factor Applied 0.00
AV-Farmland $0 AV-Homesite(s) $0
Filed in Clerk's i,ffir.;e
SEP 2 6 2017
UREERA-11 F-0WI_FR
CITY CLERK
littp:Hiii-stjoseph-assessor.govei-nmax.com/propertymax/ACAMA Indiana/tab_parcel_v0... 08/14/2017
3333 N Kenmore St - Google Maps Page I of I
Go-,.gle Maps 3333 N Kenmore St
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Filed in Clerk's Office
rp SEP 2 6 2017
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ALA Att;f —1
CITY CLERK,SOUTH BEND,IN
3333 N Kenmore St
South Bend,IN 46628
At this location
Plastic Molding Manufacturing,South Bend, IN (formerly:Aucilla Inc.)
Plastic Injection Molding Service-3333 N Kenmore St
Open until 5:00 PM
littj)s://www.google-coin/iiiaps/place/3333+N4-Keiiiiiore+St,+Soutli+Betid,+]N+46628/@... 09/22/2017