HomeMy WebLinkAbout17-66 Designating Personal Property Tax Abatement for Tri-Pac, Inc. „�o4spUTH 8��d
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CITY OF SOUTH BEND
COMMUNITY INVESTMENT
October 4,2017 Filed in Clerk's Of e
Council Member Gavin Ferlic, Chairperson
Community Investment Committee OCT 0 4 2017
South Bend Common Council K;;hcE;Jlf�h FOWLER
4th Floor, County City Building I CITY CLERK,SOUTH BEND, IN
South Bend,IN 46601
RE: Personal Property Tax Abatement Petition for: Tri-Pac,Inc.
Dear Council Member Ferlic:
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 to South Bend,IN.
Please find the attached information pertaining to a personal property tax abatement
petition for Tri-Pac,Inc:
➢ Department of Community Investment's summary report
➢ Copy of the petition +
➢ Statement of Benefits form I
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➢ Supporting information. I
The report contains the Department's findings relative to the above petition. Tri-Pac,Inc.
will be purchasing and installing approximately$1,500,000 of new equipment as part of
their expansion project. Tri-Pac is poised to bring in Chemist/R&D/Manufacturing jobs
and technology to South Bend,through organic growth and acquisitions. This equipment
investment will allow them to meet market demands and acquire new customers. The
project meets the qualifications for a(5)five year personal property tax abatement and a 1
representative from Tri-Pac,Inc.will be available to meet with the Committee on
October 9ffi, 2017.
EXCELLENCE I ACCOUNTABILITY INNOVATION I INCLUSION I EMPOWERMENT
1400S County-City Building 227 W.Jefferson Bvld. South Bend,Indiana 466011 p574.235.9371 I 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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EXCELLENCE ; ACCOUNTABILITY � INNOVATION � INCLUSION I EMPOWERMENT a
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14005 County-City Building 1 227 W.Jefferson Bvld. South Bend,Indiana 466011 p 574.235.93711 www.southbendin.gov
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File-d in C!erk'c-. Office
4SpUT11 B
OCT 04 2011
x E Krll'iEEltliAH FOWLER
I C!-ry CI ERK S,0!!3 H P6,,11),IN
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1865
CITY OF SOUTH BEND
COMMUNITY INVESTMENT
TAXABATEMENT REPORT
TO: SOUTH BEND COMMON COUNCIL
FROM: DANIEL BUCKENMEYER
SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR:
Tri-Pac,Inc.
DATE: October 4,2017
On Tuesday,September 26,2017 a petition from Tri-Pac,Inc.was received and subsequently filed
with the City Clerk for personal property tax abatement consideration for property to be located at
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
➢ Equipment used for manufacturing, liquid filling,and packaging
➢ New project taxes over the 5 year abatement period—$21,413
EXCELLENCE I ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT
1400S County-City Building 1 227 W.Jefferson Bvld.I South Bend,Indiana 46601 j p 574.235.93711 www.southbendin.gov
CITY OF SOUTH BEND I COMMUNITY INVESTMENT
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➢ Estimated taxes being abated during five year abatement period—$17,237
➢ Total taxes to be paid on new and existing equipment over the next five years —
$4,176
EMPLOYMENT LMIPACT
Per the petition,it is estimated that the total project will:
➢ Create (33), full-time jobs within 3 years, representing a new annual payroll of
$1,373,840.
➢ Maintain(7) existing 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. f
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finds that the petitioner meets the
4. A review of the Tax Abatement Ordinance No. 9394-03 p
qualifications for a (5) five-year personal property tax abatement under section 2-84.2,
Tangible Personal Property Tax Abatement.
1
EXCELLENCE I ACCOUNTABILITY I INNOVATION j INCLUSION I EMPOWERMENT j
14005 County-City Building 1 227 W.Jefferson Bvld.I South Bend,Indiana 466011 p 574.235.93711 www.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
(5) FIVE-YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
Tri-Pac, Inc.
WHEREAS, a petition for personal 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:
Business Personal Property
and which has Key Numbers be designated as an Economic Revitalization Area under the
provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et
sue., 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 SeMc., 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 I. The Common Council hereby determines and finds pursuant to Indiana Code 6-
1.1-12.1-4.5 et seq.,that:
a. The estimate of the cost of the new manufacturing equipment is reasonable for
equipment of that type;
i
b. That the estimate of the number of individuals that will be employed or whose
employment will be retained by the Petitioner can reasonably be expected to result
from the proposed installation of new manufacturing equipment;
C. That the estimate of the annual salaries of those individuals that will be employed
or whose employment will be retained by the Petitioner can be reasonably expected
to result from the proposed installation of new manufacturing equipment;
d. Any other benefits about which information was requested are benefits that can be
reasonably expected to result from the proposed new manufacturing equipment;
and
e. The totality of benefits is sufficient to justify the deduction requested.
SECTION II. The Common Council hereby determines and finds that the proposed new
manufacturing equipment can be reasonably expected to yield the benefits identified in the
Statement of Benefits as set forth in Sections 1 through 3 of the Petition for Personal Property Tax
Abatement Consideration and that Statement of Benefits form completed by the petitioner, said
form being prescribed by the State Board of Accounts, are sufficient to justify the deduction
granted under Indiana Code 6-1.1-12.1-4.5.
SECTION III. The Common Council hereby accepts the report and recommendation of the
Department of Community Investment, and the Community Investment Committee's favorable
recommendation,that the area herein described be designated as an Economic Revitalization Area
for purposes of personal property tax abatement and hereby makes such a designation.
SECTION IV. The Common Council determines that such designation is for personal property
tax abatement only and shall be limited to two (2) calendar years from the date of the adoption of
this Resolution by the Common Council.
SECTION V. The Common Council hereby determines that the property owner is qualified for
and is granted property tax deduction for a period of (5) five 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—80%
Year 3 —60%
Year 4—40%
Year 5 —20%
SECTION VI. The Common Council directs the City Clerk to cause notice of the adoption of this
Declaratory Resolution for Personal Property Tax Abatement to be published pursuant to Indiana
Code 5-3-1, said publication providing notice of the public hearing before the Common Council
2
on the proposed confirming of said declaration.
SECTION VII. 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
Flled in Clerk's Office
OCT 04 2017
)LNT� �� 3
KAREEMAH FOWLER
NOT APPRIC00,
OitY CLERK,SOUTH BEND, IN
kr)c)pTgb
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 FIVE (5) YEAR PERSONAL
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, and which is more particularly described as follows:
Business Personal 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 personal 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 11. The Common Council hereby determines that the property owner is
qualified for and is granted personal property tax deduction for a period of five (5) 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 seq.
Year 1 -100%
Year 2—80%
Year 3 —60%
Year 4—40%
Year 5 —20%
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
NOT APPROVED p kRECMAH FOWLER
i CITY CLERK,SOUTH REND,W
AnOPM
City of South Bend
Petition for Incentives s
Petition must include a$250 f ling fee payable to the City Clerk's Office or online via the City's website at
INbs
http://southbendin.gov/government/content/tax-abatement before processing can be complete
General Information Project Name Project Number 419410
Legal name as registered tvlthSecretaryof Tri-Pac, Inc. (Not registered in Indiana yet- MI based corporation)
51 c
Business structure C Corporation
Company website
vvvdw.tri-pac.us
Proposed Proj_ctsformatlon _.
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 Is the real estate owned or
15 acres(5 acres for building) Owned
Square feet of fadilty 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 Emall vikram.shah @tri-pac.us
Senior Official Information
Company senior official name Title
Address of company contact(If different from Phone
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#200 Lecal a economicdevroyal Y N l(Y/N)ntpartners Y
City,state,ZIP Indianapolis, IN 46240 Email eric.levenhagen @rsmus.com
Project Overview
Brief description of your Tri-Pac,Inc(TPI),whldl was founded as a Michigan Corporation In 2009,is a certified _
company,project,and why the minority-owned 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 Mlchlgan with 11 staff oul of that to laI residing in Indiana.TPI clients
include Fortune 600 clients,Department of Defense and other multinational marketing companies TPI
s ISO 9001,ISO 14001 certified,registered with FDA.EPA,ITAR and DOD and compliant with ISO
18001 and ISO 13485 Products produced include personal care.OTC.household,Institutional
products and others for military/security organizations.TPI has 5 high speed manufacWdng, Filed in Clof!<rS ffiC@
filling lines currently housed in Vandalia,Michigan.
TPI has added over 25MM capacity In 2017 and Is shifting primary focus towards Phannareulical and
o rC manufacturing,a new business area that Is quickly growing for TPI TPI is currently 1 SLI 2 6 20 7
considering riles in Indiana,Michigan,Ohio and Illinois and is looking to move its primary slate {Ii
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 ChomisVRBD/Manufacturing jobs and
technology through organic growth and acquisitions If the company purchases the 3333 N Kenmore A p �n �1 FOWLER
building in South Bend,then there will be a need for over$2 million building upgrades and at KAREL-MAI 1�FOY LER
least 32 million new equipment to Indiana.The company needs HBI Tax CrediVSEF Training ! �?-y CLERK,S�V�f "�E�l�r�N
support from Indiana along with Tax Abatement assistance from City of South Bend to move HO/ManulBC_fir
to Indiana
Certified Technology Park appropriate No
Is the project in a Tax Incremental Financing NO
IF I area? fro w I
Certify that the Building Permit has not been Y", Number of residential units created by O
d
If thls Is a petitlon for personal property tax abatement,has
the the equipment 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 equlpment being
site of project In dollars) received? Indiana for the project? purchased from out of state for the project?
$0 No $0,000 $1,200,000
i
New Project 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 $200,000 $700,000 $100,000
New Machlnery&Equipment $100,000 $1,200,000 $200,000
Special Tooling/Retooling
New Furniture/Fixtures $25,000
Nave Computer/IT Hardware
Now Software $100,000
Omslto Rall Infrastructure
On•slle Fiber Infrastructure
TOTAL $0 $1,800,000 $2,025,000 $300,000 $01 $0 $0 $
Full-Time Permanent Indiana-Resident Positions by Calendar Year
Calendar Year lobs retained Total hourly Cumulative If of net NEW full time Hourly average wage,w/o Total training Total if to be
wage w/o permanentjobs created at project benefits or bonuses,of expenditure• trained-not
fringe or cumulative net new jobs not cumulative
bonuses cumulative
2016 7 $34.40
2017 3 $33.50 1 $30000 1 10
2018 10 $20 $90000 15
2019 20 $18 $30000 10
2020
2021
zozz I
2023
2024
2025
2026
2D27
Provide hourly wage information for new employees in the following positions.
Full time Part time
Laborers $16
Technical S21
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Managerial $35
Administrative
o w e ten v .,I responsible for coordinating witri
WoTkOne on recruiting? Vikrarn Shah -
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
Year outreach and recruitment efforts for the last
three years as well as current policies.
Full Time Part Tlme Full Time Part Time Full Tlme Part Tlme
Black
Hlspanlc Company maintains
Allan Affirmative Action plan
Indlan and has partnered with
local WorkOne group i
Female to recruit eligible hires.
Other
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
Qualify
Please complete the table below with the appropriate information. If (yes or No) Earned Points Available Points
you qualify for the points,please enter the full amount of available
points.
1 Construction Related(Contractors):
A. Employ Local Companies(7S%) Yes 20 20
B. Purchase Materials from Local Companies(75 5'.) 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
E Require Pension Benefits Yes 18 18
G. Maintain Affirmative Action Plan Yes 20 20
Sub-total Construction Related: 141 141
2 Wage&Benefit Related(Owner):
A. 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
G. 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 Faclllty:
Support a SB Municipal Facility(donations to the 84
A. zoo,conservatory,museum,etc.) Yes 84
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-iz,l 1,et 5e q.,and
I
South Bend Municipal Code Sec,2-76 etTeg.,for this petition state the above.
Submitted pate: September 21,2017
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Filed ill C:Ierk's Office
�.:. STATEMENT OF BENEFITS f - FORM SB-1 /PP
PERSONAL PROPERTY r )
State Form 51764(R4/11-16) SEP 2 G L0 I t
Prescribed by the Department of Local Government Fine ce PRIVACY NOTICE
I<IIi�EEN1AH FOWLER Any Information concorning the cost
of the properly and specific salaries paid
CITY CLERK,SOUTI iFND,iN to Individual employees by the property
ND,.IN ovmer Is confidential per IC 6-1.1-12.1.5.1.
INSTRUCTIONS
y, This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires
information from the applicant In making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be
submitted to the designating body BEFORE a person installs tire new manufacturing equipment and/or research and development equipment,and/or
logistical distribution equipment and/or information technology equipment for which the person wishes to claim a deduction.
2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the installation
of qualifying abatable equipment for which the person desires to claim a deduction.
3. To obtain a deduction, a person must file a certified deduction schedule with the person's personal property return on a certified deduction schedule
(Form 103-ERA)with the township assessor of the township where the property is situated or with the county assessor if there is no township assessor
for the township. The 103-ERA must be filed between January 1 and May 15 of the assessment year in which new manufacturing equipment
and/or research and development equipment and/or logistical distribution equipment and/or Information technology equipment is installed and fully
functional,unless a filing extension has been obtained. A person who obtains a filing extension must file the form between January 1 and the extended
due date of that year
4. Property owners whose Statement of Benefits was approved,must submit Form CF-1 1PP annually to show compliance with the Statement of Benefits.
(IC 6-1.1-12.1-5.6)
5. For a Form SB-1 1PP 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-l1PP 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 Name of contact person
Tri-Pac, Inc. Vikram Shah
Address of taxpayer(number end street,city,slate,and ZIP code) Telephone number
3333 N Kenmore St,South Bend,IN 46628 ( 269 ) 476-2303
SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT
Name of designating body Resolution number(s)
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 manufacturing equipment and/or research and development equipment ESTIMATED
and/or logistical distribution equipment and/or information technology equipment. START DATE COMPLETION DATE
(Use additional sheets if necessary)
Manufacturing equipment Manufacturing Equipment 11/15/2017 12/31/2019
R&D Equipment
Loglst Dist Equipment
IT Equipment
Current number Salaries - Number retained Salaries Number addalonal Salaries
7 $495000 7 $495000 20 $748,800
MANUFACTURING R&D EQUIPMENT LOGIST DIST IT EQUIPMENT
NOTE:Pursuant to IC 6-1.1-12.1-5.1 (d)(2)the EQUIPMENT EQUIPMENT
COST of the property is confidential. COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED
VALUE VALUE VALUE VALUE
Current values I _
Plus estimated values of proposed project 1.500,0001 450,000
Less values of any property being replaced I —
Net estimated values upon completion of project 450,000
Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds)
Other benefits:
SECTION •
I hereby certify t at the representations In t atemenl are true. _
Signature f aulh ze representative �� Date signed(month,day,year)
L'—L- _. September 21, 2017
Printed name of authorized representative Title
Vikram Shah President _
Page 1 of 2
FOR OF BODY
We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards
adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12.1-2.5, provides for the following limitatlons as
authorized under IC 6-1.1-12.1-2.
A,The designated area has been limited to a period of time not to exceed calendar years*(see below). The date this designation expires
Is NOTE:This question addresses whether the resolution contains an expiration date for the designated area.
B.The type of deduction that is allowed in the designated area Is limited to:
1 . Installation of new manufacturing equipment; ❑Yes ❑ No ❑ Enhanced Abatement per IC 6-1.1-12.1-18
2. Installation of new research and development equipment; ❑Yes ❑ No Check box ifen enhanced abatement was
3.Installation of new logistical distribution equipment. ❑Yes ❑ No approved for one or more of these types.
4. Installation of new Information technology equipment; ❑Yes ❑No
C.The amount of deduction applicable to new manufacturing equipment Is limited to$ cost with an assessed value of
$ . (One or both lines maybe filled out to establish a limit,if desired.)
D.The amount of deduction applicable to new research and development equipment is limited to$ cost with an assessed value of
$ . (One or both lines maybe filled out to establish a limit,if desired.)
E.The amount of deduction applicable to new logistical distribution equipment is limited to$ cost with an assessed value of
$ (One or both lines maybe filled out to establish a limit,if desired.)
F. The amount of deduction applicable to new information technology equipment is limited to$ cost with an assessed value of
$ (One or both lines maybe filled out to establish a limit,if desired.)
G. Other limitations or conditions(specify)
H. The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or
new Information technology equipment Installed and first claimed eligible for deduction Is allowed for:
❑ Year 1 ❑ Year 2 ❑ Year 3 ❑ Year 4 ❑ Year 5 ❑Enhanced Abatement per IC 6-1.1-12.1-18
Number of years approved:
❑ Year 6 ❑ Year 7 ❑ Year 8 ❑ Year g ❑ Year 10 (Enter one to twenty(1-20)years,may not
exceed twenty(20)years.)
I. For a Statement of Benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-177 ❑Yes ❑No
If yes,attach a 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.
Also we have 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 by:(signature and title of authorized memberof designating body) Telephone number Date signed(month,day,year)
Printed name of authorized member of designating body Name of designating body
Attested by:(signature and title of attester) 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.
IC 6-1.1-12.1-17
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 equivalentjobs 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 the terms of the
resolution approving the taxpayer's statement of benefits.
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Page 2 of 2
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St.Joseph Indiana,Assessor Page 1 of 1
StJoseph Indiana, Assessor
sener'tued rin 8/14,11017 9 48.3•1:4rt1('01'
Parcel
Parcel Address AV-Total Land& Data as of
Parcel ID Improv.
71-03-28-20.1- 3333 N KENMORE ST $674,500 8/12/2017 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
Neighborhood Factor 100.00 Swampy N Rolling 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 Adj.Factor Applied 0.00
AV-Farmland $0 AV-Homeslte(s) $0
Filed in C;lork's Office
SEE' 2 6 2017
I<VMr-_EMAla F-owi-1=13
CITY CLERK Stet."r.;
I_ r Int
.----- .-
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3333 N Kenniorc St - Google Maps Page I of I
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Filed in Clerk's Office II
SEP 2 6 2017
A,
KAREEMAH FOWLER
L9
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
littps:HwwN,v.google.coi-n/iiiaj)s/place/3333+N+Keiiiiioi-e+St,+Soutli+Bend,+]N+46628/@... 09/22/2017