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HomeMy WebLinkAboutConfirming Tax Abatement - Federal-Mogul Powertrain Inc. 3605 West Cleveland Road (5 Yr. Personal Property)Attes RESOLUTION 4185 -12 Passed by the Common Council of the City of South Bend, Indiana May 29, 12 20 Presented by me to the Mayor of the City of South Bend, Indiana May 30, 20 12 City Clerk dent of Common Council Approved and signed b r ' - 20-11=-. NN � Y me City Clerk 0 RESOLUTION NO. q 1 yF - (I- A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3605 WEST CLEVELAND ROAD TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR FEDERAL- MOGUL POWERTRAIN, 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 3605 West Cleveland Road, South Bend, Indiana, and which is more particularly described as follows: A tract of land in part of the East half of Section 21, Township 38 North, Range 2 East, 2nd P.M., St. Joseph County, Indiana, and more particularly described as follows: Beginning at a point on the East -West Half section line of said East Half North 88 degrees 53 minutes 36 second East 915.58 feet from the center of said Section 21; thence North 0 degrees 56 minutes 57 seconds West 338.80 feet; thence North 88 degrees 53 minutes 36 seconds East, parallel with the East -West half section line of said Section, 800.00 'feet; thence South 0 degrees 56 minutes 57 seconds East 1726.13 feet; thence northwesterly 550.14 feet along an arc to the right having a radius of 4463.66 feet and subtended by a long chord having a bearing of North 54 degrees 36 minutes 59 seconds West and a distance of 549.80 feet; thence North 51 degrees 05 minutes 08 seconds West 465.22 feet; thence North 0 degrees 56 minutes 57 seconds West 761.20 feet to the East - West half section line of said East half the point of beginning, and containing 26.203 acres, more or less and which has Key Number 25- 1013 -0218 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 II. The Common Council hereby determines that the property owner is qualified for and is granted Personal property tax deduction for a period of (5) five years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et SeMc . 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. I � I dza ;fed an Clerk's g ",. MAY 08, ZUR l?3?ESENTED 90T APPROVED` e . ;k DOPTED I200 COUNTY -CITY BUILDING 2.2.7 W. JEFFERSON BOUIEVARD SOUTH BEND, INDIANA 4660I -1830 May 2, 2012 PHONE 574/ 23 5-9371 FAX 574/235 -9021 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT Council Member Henry Davis, Chairperson Community & Economic Development Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Personal Property Tax Abatement Petition for: Federal- Mogul Powertrain, Inc. Dear Council Member Davis: Please find attached the Department of Community & Economic Development's report on a personal property tax abatement petition for the above- referenced petitioner. Also attached is a copy of the petition, Statement of Benefits form, and supporting information. The project calls for the acquisition and installation of new equipment as part of the company's planned increase in productive capacity in its facility located at 3605 West Cleveland Road. The report contains the Department's findings relative to the above petition. Federal Mogul will be purchasing and installing new equipment. The total project cost for the equipment is estimated at $21,802,000. The project meets the qualifications for a (5) five -year personal property tax abatement and a representative from Federal Mogul will be available to meet with the Committee on Monday, May 14, 2012. 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 -9278. Sincerely, Cd-7— Kathy Hahn Economic Development Specialist Attachments cc: South Bend Common Council Members Mayor Buttigieg Aladean DeRose Don Inks COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT PAMELA C. MEYER DONALD E. INKS 5741235-966o 574/235-937r FAX: 574/235-9469 I200 COUNTY -CITY BUILDING 22.7W JEFFERSON BOULEVARD SOUTH BEND, INDIANA 466oi -1830 PHONE 574/ 23 5-9371 FAX 574/235-9021 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT TAX ABATEMENT REPORT TO: SOUTH BEND REDEVELOPMENT COMMISSION FROM: KATHY HAHN SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: FEDERAL- MOGUL POWERTRAIN, INC. DATE: May 1, 2012 On April 30, 2012 a petition for personal property tax abatement consideration for property located at 3605 West Cleveland Road was filed with the City Clerk by Federal- Mogul Powertrain, Inc. 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 and Economic Development 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 and Economic Development has reviewed the petition, investigated the area, and makes the following report. PROJECT SUMMARY Federal- Mogul Powertrain, Inc. is a manufacturer of automotive pistons. Customers include most of the major foreign and domestic automotive manufacturers. Operations in South Bend began in 1987. Federal - Mogul, Inc. has maintained employment levels consistently between 300 and 400 full time positions with total salaries between $18 million and $20 million. Total gross sales generated from the South Bend facility averaged $82 million over the past five years. Approval of this application will allow for continued capital investment in the South Bend facility. Without additional investment and greater production efficiencies offered by newer processes and new product lines, more than 70% of the existing production would likely be shifted outside of Indiana- most likely to another country. The project will invest $18,340,000 in new manufacturing equipment including: 1) a Gen V 5.31, Piston Line ; 2) a Gen V 4.3L/6.2L Piston Line; 3) a LKW 2.5 L Piston Line; and 4)- an aluminum bulk metal furnace. Additionally, they will install a new R & D prototype lab costing $3,462,000. The total project cost is COMMUNITY DEVELOPMENT ECONOMIC DEVF.I.OPMENT PAMELA C. MHYER - DONALD E. INKS 574/235-966D 574/235-9371 FAX: 574/235-9469 South Bend Common Council RE: Tax Abatement Federal- Mogul Powertrain, Inc. May 1, 2012 Page 2 4.3L/6.2L Piston Line; 3) a LKW 2.5 L Piston Line; and 4) an aluminum bulk metal furnace. Additionally, they will install a new R & D prototype lab costing $3,462,000. The total project cost is $21,802,000. Total taxes to be abated during the (5) five -year abatement period are estimated at $215,239. Total new taxes to be paid over five years are $1,898,562. EMPLOYMENT IMPACT Per the petition, it is estimated that the total project will create twenty (20) new, permanent, full -time jobs within the first year, representing a new annual payroll of $932,000. The project will maintain 409 existing, permanent full -time jobs representing an annual payroll of $20,503,000. ABATEMENT QUALIFICATION 1. A review of the tax abatements previously granted, finds that the petitioner has been granted or associated with 15 (fifteen) previous tax abatements: Term /Type Resolution No. Date 5 -year personal property 3641 -06 07/28/2006 5 -year personal property 3397 -04 10/28/2004 5 -year personal property 3232 -03 08/25/2003 5 -year personal property 3086 -02 04/22/2002 3 -year real property 3085 -02 04/22/2002 10 -year real property 2929 -00 09/25//2000 5 -year personal property 2930 -00 09/25/2000 6 -year real property 2686 -98 10/26/1998 5 -year personal property 2685 -98 10/26/1998 5 -year personal property 2174 -94 09/26/1994 5 -year personal property 2057 -93 07/26/1993 10 -year personal property 2056 -93 07/26/1993 5 -year personal property 1864 -91 04/22/1991 5 -year personal property #R07 -86 05/13/1986 10 -year real property #R07 -86 05/13/1986 South Bend Common Council RE: Tax Abatement Federal- Mogul Powertrain, Inc. May 1, 2012 Page 3 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 Airport Economic Development Area, which is a Tax Incremental Allocation Area; therefore, the petition for personal property tax deduction must first be approved by the South Bend Redevelopment Commission. 4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the qualifications for a (5) five -year personal property tax abatement under section 2 -84.2, Tangible Personal Property Tax Abatement. 0 0 LO 0 0 0 W N o MNO 4 N (o M f� O NI p O d7 O M Cn � N O r- MN O NOt�MM ZF-a 0) VM•M W L- O NC`Mo0 NOC)M� O ?�O } f6 COO M ((0 O oo O N (6 C CNO O N aC O00 D. 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(0 U Y 'E .o -o > rn I— c 'Cu co 2 � a� o L L m O M N O N W E Q a) O C - Y 7 7 N Q N a ��z OL OV a X 7 (D 2z L N L mvoc� �, U m @ O O O N O L LO Um -i Q (D - U O N 5 N 0) B O O It d' N U') 7 m Z O N ct O In X N EL 0000(0 0 Md0'�MN 000 C X N N O y 'N*- h h 'N*- c w U C X � p LO CA O C() O Cn M M C' M M O r, N f- N N N �- w N IL co 00 00 00 co co 00 ooao It 7E 2� CC f0 o M'q CO a O } IN N N N N N N> � C N O M N N C � O N O O U @ 0 no w aT c � ,O -O io 0 E C E N 0 0 L Q) ,FO -0 � o Q O N U N � 1E 3 CITY OF SOUTH BEND PETITION FOR TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION The undersigned owner(s) of new manufacturing equipment, new research and development equipment, new logistical distribution equipment and /or new information technology equipment, all personal property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for personal property (new manufacturing equipment, new research and development equipment, new logistical distribution equipment and /or new information technology equipment) tax abatement consideration and pursuant to I.C., 6 -1.1 -12.1, et seg., and South Bend Municipal Code Section 2 -84.2, et sea., for this petition state the following: 1. Describe the proposed project, including information about the new personal property identified as manufacturing, research and development, logistical distribution and /or information technology equipment ( "Equipment ") to be installed, the amount of land to be used, if any, the proposed use of the Equipment, and a general statement as to the importance of the project to your business. If approved for abatement, new manufacturing equipment will be acquired and installed to manufacture three new product lines to supply component parts (pistons and piston assemblies) to automobile manufacturers: t) GM Gen V 5.31. Piston -cost $8.281,000,2) GM Gen V4.31-16.21. Piston -cost $6,434,000, 3) GM LKW 2.51. Piston - cost $3,025,00, and 4) Aluminum Bulk Melt Furnace for Ford Nano - Cost $600,000. Additionally, a new Prototype Lab will be added for continued R&D with a cost of $3,462,000. Continued new product lines with ever - increasing technological advances at the South Bend facility are critical to the facility's long term viability. Federal -Mogul Powertrain, Inc. respectfully requests the South Bend Common Council approve a 10 -Year Abatement for the multitudes of significant new investment associated with this abatement application. 2. The project will: (a) create 20 permanent, full -time and 0 permanent, part - time jobs within the first year, representing a new annual payroll of $ 932.000 and (b) maintain 409 existing, permanent, full -time and o existing, permanent, part -time jobs representing an annual payroll of $ 20,503,000 for existing employees. I Provide current wage information for existing employees including: base rate, cost - of- living allowances, hazardous -duty pay, incentive pay including commissions and production bonuses, on -call pay and tips (please show average hourly rate or range). Do Not Include: back pay, jury duty pay, overtime pay, severance pay, shift differentials, non - production bonuses, and tuition reimbursements. Laborers Technical Managerial Administrative (Rev. 5/13111) Full -Time $ 13.69 -23.98 $ 28.24 $ 34.57 $ 25.45 Part -Time $ n/a $ n/a $ n/a $ n/a 4. The projected annual salary for each new position indicated in item 2 above is estimated to be as follows (Please attach a separate sheet if more space is needed): POSITION (Indicate Full time [FT] or Part time [PT]) EMPLOYMENT WAGE Potential new hires are 1 Prototype Admin - $26,000, 1 Prototype Manager - $85,000, 2 Maintenance Techs - $118,000, 2 Shipping & Receiving Operators - $60,000,4 Engineers - $250,000 administrative, 10 Line Operators - $393,000. 5. Estimate the total cost of the new Equipment: $ 21.802,000 6. (a) The Equipment is owned or to be owned by the following individual(s) or corporation(s) (if the business organization is publicly held, indicate also the name of the corporate parent, if any, and the name under which the corporation has filed with the Securities and Exchange Commission): NAME ADDRESS INTEREST ( %) Federal -Mogul Corporation located at 26555 Northwestern Highway, Southfield, MI 48034 with 100% Owning Interest dba Federal Mogul Powertrain, Inc. (b) The following other person(s) or corporation(s) lease, intend to lease, or have an option to buy the Equipment (include corporate information as required in (6)(a) above, if applicable): NAME ADDRESS INTEREST ( %) Not Applicable 7. Give a brief description of the overall nature of the business and of the operations occurring at the location for which tax abatement is requested: Federal -Mogul Powertrain, Inc. is a manufacturer of automotive pistons. Customers include most of the major foreign and domestic automotive manufacturers. Operations in South Bend, IN began in 1987. Federal -Mogul has maintained employment levels consistently between 300 and 400 full time positions with total salaries between $18 and $20 million. Total gross sales generated from the South Bend facility averaged $82 million over the past 5 years despite a very difficult economy. 8. The commonly known address of the REAL property where the Equipment is to be located is: 3605 W. Cleveland Rd., South Bend, IN 9. The Key Number(s) of said property is: 25- 1013 -0218 10. A legal description of the REAL property where the Equipment is to be located is attached hereto, marked "Exhibit A," and incorporated herein. 11. A map and /or plat describing the REAL property where the Equipment is to be located is attached hereto, marked "Exhibit B," and incorporated herein. (Rev. 5/13/11) 12. Photographs of the REAL property, taken within two (2) weeks of filing of this petition are attached hereto, marked "Exhibit C," and incorporated herein. 13. The current assessed valuation of the tangible personal property to be replaced by the new Equipment is $ only a small portion of older eauinment is being replaced. (This information may be obtained at the St. Joseph County Assessor's office, 235- 9523) 14. The current use of the REAL property where the Equipment is to be installed is Manufacturina and the current zoning is 320 - Industrial Foundries /Heavy Mfq. (This information may be obtained from the Building Department, 235 -9553) 15. List the real and personal property taxes paid at the location during the previous five years, whether paid by the current owner or a previous owner: YEAR REAL PROPERTY TAXES PERSONAL PROPERTY TAXES 2010Pay2011 $155,729.54 $869,887.62 2009Pay2010 $151,211.36 $872,687.68 2008Pay2009 $169,488.22 $891,007.64 2007Pay2008 $250,256.47 $932,849.14 2006Pay2007 $236,842.61 $800,551.62 (This information may be obtained from the St. Joseph County Treasurer's office, 235 -9531) 16. Describe the commitment made within the past five years by your firm to hiring minority individuals, including number of minorities employed during each of the past five years, specifying whether full -time or part -time and whether permanent or temporary employees. The Petitioner shall also list the current number of total employees (full and part -time) and the current number of minority individuals (full and part- time). Federal -Mogul Powertrain, Inc. will continue to comply with the Equal Employment Opportunity Commission. We will continue to be actively involved with the Indiana Department of Training Service & On The Job Training (OJT) Program. Current total employees Full -Time Permanent is 134 out of 409, and Full -Time Temporary is 8 out of 23, as of 12/31/2011. 17. Describe on -site child care or day care facilities, services or benefits currently offered or proposed to be offered by the Petitioner for children of employees. Federal -Mogul Powertrain, Inc. offers a dependent child care benefit through a pretax payroll deduction. 18. What is your best estimate of the market value of the new Equipment after installation? $ 8.720,800: Cost 21,802,000 x DLGF Percentage Good for Year 1, Pool #2 of 40% 19. What is your best estimate of the amount of taxes to be abated during each of the five years after Installation? $ Estimated at $50,000 due to 4,urrent DLGF prescribed tax calculation method (Rev. 5 /13/11) 20. What is the commitment your firm will make to minority employment during the five years of tax abatement? Federal - Mooul Powertrain, Inc. will continue to comply with the Equal Employment Opportunity Commission. Additionally, Federal -Mogul Powertrain, Inc. will continue to be actively involved with the Indiana Department of Training Service and On The Job Training (OJT) program. 21. The Equipment has not been installed as of the date of filing of this petition. (The signature at the end of this Petition is verification of this statement) 22. Has your business been granted previous tax abatement(s)? If yes, please provide type (real and /or personal property), term and date of approval. (Please attach a separate sheet if more space is needed) ABATEMENT TYPE TERM DATE OF APPROVAL 3641 -06 - A Six -Year Personal Property Abatement approved on July 28, 2006 3397 -04 - A Six -Year Personal Property Abatement approved on October 28, 2004 2929 -00 - A Ten -Year Real Estate Abatement approved on September 28, 2000 Several Other Personal Property Abatements were approved in 2003 and earlier years. 23. The Standard Industrial Classification (SIC) or North American Industry Classification Systems (NAICS) major group within which the proposed project would be classified, by number and description is: 7310 24. The Internal Revenue Service Code of Principal Business Activity by which the proposed project would be classified, by number and description is: 3710 - Manufacturing for Automotive Parts 25. The REAL property where the Equipment will be installed is located in the following Allocation Area, if any, declared and confirmed by the South Bend Redevelopment Commission: N/A 26. Other anticipated public financing for the project including, if any, industrial revenue - bonding to be sought or already authorized, assistance through the United States Department of Housing and Urban Development funds from the City of South Bend, Small Business Administration Sections 503 and 504 financing through the Business Development Corporation of South Bend, Mishawaka, and St. Joseph County, Indiana, Industrial Revolving Fund; or other public financial assistance, including but not limited to public works improvements. None (Rev. 5/13/11) 4 27. Describe how and why the manufacturing equipment, research and development equipment, logistical distribution equipment and /or information technology equipment to be replaced or the facility in which the Equipment will be added is currently technologically, economically or energy obsolete and how and why that obsolescence may lead to a decline in employment and tax revenues: Approval of this application will allow continued capital investment in the South Bend Federal -Mogul facility - without additional investment and greater production efficiencies offered by newer processes and new product lines, more than 70% of the existing production would likely be shifted outside of Indiana - most likely to another country- employment levels and resulting tax revenues would both decline accordingly. 28. The new manufacturing equipment, new research and development equipment, new logistical distribution equipment and /or new information technology equipment to be installed will be used for one (1) or more of the uses listed within the definitions of New Manufacturing Equipment, New Research and Development Equipment, New Logistical Distribution Equipment and New Information Technology Equipment set forth in I.C. 6 -1.1 -12.1 et sea• and the Equipment was never before used by its owner for any purpose in Indiana. (The signature at the end of this Petition is verification of this statement.) 29. The following person(s) should be contacted as Petitioner's agent regarding additional information and public hearing notifications: Name: Charles O'Connor, Plant Controller Address: 3605 W. Cleveland Rd. City, State, Zip Code south Bend, IN 46628 Telephone: (574) 272 -5900 E -mail Address: Charles. O'Connorla-Dfederalmoou1.com WHEREFORE, Petitioner requests that the Common Council of the City of South Bend, Indiana, adopt a declaratory resolution designating the area described herein to be an economic revitalization area for purposes of tangible personal property tax abatement consideration, and after publication of notice and public hearing, determine qualifications for an economic revitalization area have been met, and confirm such resolution. Petitioner herein hereby verifies that the required $250.00 filing fee to cover processing and administrative costs pursuant to Section 2 -84.7 of the Municipal Code of the City of South Bend has been paid in full. rrVied yt (Rev. 5/13/11) Name of Property Owner(s): Federal -Mogul Corporation, dba Federal -Mogul Powertrain, Inc. (Signed Name) Charles O'Connor, Plant Controller, Federal -Mogul Powertrain, Inc. (Typed or printed name and capacity of signor if signed by an agent or representative of the owner) FEDERAL -MOGUL POWERTRAIN, INC. - -LEGAL DESCRIPTION OF REAL PROPERTY EXHIBIT A A tract of land in part of the East half of Section 21, Township. 38 North, Range 2 Fast, 2nd P.X. St. Joseph County, Indiana, and more particularly described as follows: Beginning i ng at a point on the East -Rest Half section line of said East Half North- 88 degrees 53 minutes 36 seconds East 915.58'feet from the center• of said 'Section 21; thence North 0 degrees 56 miriutes 57 seconds West 338.80 -feet; thence North 88 degrees 53 minutes 36 seconds East, parallel with the East -West half section line of said Section, 800.00 feet; thence South•0 degrees 56 minutes 57 seconds East 1726.13 feet; thence northwesterly 550.14 feet along'an•,arc to the right having a radius of 4463.66 feet and subtended by a long chord having a bearing of North 54 degrees 36 minutes 59 seconds West and a distance of 549.80 feet; thence North 51 degrees 05 minutes 08 seconds West 465.22 feet; thence North 0 degrees 56 minutes 57 seconds West 761.20 feet to the East -West Ralf section line of said East half the point of 4, and -- ta' - 93 -a e or less 0 g. CITY CL 1y9 ,. 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