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HomeMy WebLinkAboutConfirming Tax Abatement - Lock Joint Tube LLC and/or its affiliates 1217 S. Walnut Street (5 Yr. Real Property)Attes RESOLUTION 4187 -12 Passed by the Common Council of the City of South Bend, Indiana May 29, 2012 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 by me 3 s 20 ( L City Clerk 0 RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1217 S. WALNUT STREET AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 5 (FIVE) YEAR REAL PROPERTY TAX ABATEMENT FOR LOCK JOINT TUBE, LLC and /or ITS AFFILIATES 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 1217 S. Walnut Street, South Bend, Indiana, and which is more particularly described as follows: A tract of land in the City of South Bend, County of St. Joseph, and State of Indiana, situated in the Northwest Quarter of Section 14, and the Northeast Quarter of Section 15, Township 37 North, Range Two (2) East, bounded by the following described line: Beginning at a point in the West line of Walnut Street, 1239.70 feet South of the South line of Sample Street, which point is 587.95 feet South of the South line of the Sanders and Egbert Tract, as conveyed by deeds recorded in Deed Record 118, page 428, and Deed Record 121, page 320; thence on an assumed bearing of South 00 °00'49" East along said West line of Walnut Street 479.91 feet; thence South 89 °54'12" West, 725.03 feet; thence South 61 °54'12" West, 42.91 feet; thence South 89 °23'32" West, 437.13 feet; thence North 00 °00'49" West parallel with said West line of Walnut Street, 504.26 feet; thence North 89 °55'05" East, 1200 feet to the place of beginning. and which has Key Number 018 - 8021 - 084503 a/k/a 71- 08 -15- 276 - 003.000 -026, 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 5 (five) years , 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 etseQ. 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. FXESENTED l2. NOT APPROYE11 ADOPTED' V Member of the Common Council Filed in Pir ' 9 Off ice F NiAY 2012 CITY CLERK, Cad, 1141 BF—N®, ON Red in Cie � MAY U 12 JOHN VOO E CITY C_ ®- TH SENo, I� TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: KATHY HAHN SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: LOCK JOINT TUBE, LLC, 1215 SOUTH WALNUT STREET DATE: May 14, 2012 On March 29, 2012, a petition for real property tax abatement consideration for property located at 1217 South Walnut Street was filed with the City Clerk by Attorney Richard Deahl, agent for Lock Joint Tube, LLC. The real property tax abatement petition describes new investment in two primary building projects. First, there will be the removal and reconstruction of a new and raised roof structure (raised from 15 feet to 40 feet) covering approximately 60,000 square feet of manufacturing space. Second, they will construct a new 30,000 square foot addition for additional manufacturing, storage, and shipping space. These real estate investments will cost between $1.0 million and $1.6 million. Please note that the contractor information was largely unknown at the time the designating resolution was approved. The information on the contractors is now available and based on the information attached they qualify for a five year real property tax abatement. Based on a project cost of $1.0 million with a five year term,.the taxes abated would be $40,871 based on the approved term. The taxes paid will be $281,511. Based on a project cost of $1.6 million with five year term, the taxes abated would be $82,397 and the taxes paid would be $329,364. 14- May -12 * Qualification for each Public Benefit Item based on best available information at time of application or good faith determination if no information available. Lock Joint Tube Public Benefit Points Summary Qualify Earned Available Public Benefit Item: Y or N Points Points Project Related: 1. A. Redevelop a Site that has Special Needs N 0 49 B. Develop Based on Local University Research N 0 35 C. Achieve a Physical Element of a Plan N 0 36 Sub -total Project Related: 0 120 2. Super Size Projects (point values are cumulative): A. 100% to 199% Y 25 25 B. 200% to 299% Y 68 68 C. 300 % to 399% N 0 65 D. 400% and Over N 0 52 Sub -total Super Size Projects: 93 210 3. Construction Related: A. Employ Local Companies Y 20 20 B. Purchase Materials from Local Companies Y 20 20 C. Require Employees vs. Independent Contract( Y 19 19 D. Require Target Wage Levels N 0 22 E. Require Health Benefits N 0 22 F. Require Pension Benefits N 0 18 G. Maintain Affirmative Action Plan N 0 20 Sub -total Construction Related: 59 141 4. Wage & Benefit Related: A. Pay Target Wage Levels Y 33 33 B. Provide Health Benefits Y 34 34 C. Provide Pension Benefits Y 29 29 D. Provide Training Y 28 28 E. Provide Child Care N 0 15 F. Provide Transportation Assistance N 0 14 G. Provide Employer Assisted Housing program N 0 9 Sub -total Wage & Benefit Related: 124 162 5. Workforce Related: A. Create New Jobs Y 42 42 B. Retain Existing Jobs Y 41 41 C. Maintain Affirmative Action Plan Y 35 35 D. Provide Targeted Hiring Preference N 0 34 Sub -total Workforce Related: 118 152 6. Pay for Municipal Infrastructure: (point values are cumulative): A. Pay for Oversizing or Upgrading N 0 14 B. Pay for 26 -50% of Extension Cost N 0 26 C. Pay for 51 -75% of Extension Cost N 0 39 D. Pay for 76 -100% of Extension Cost N 0 52 Sub -total Infrastructure Related: 0 131 7. Support a Municipal Facility: A. Support a Municipal Facility N 0 84 Total Public Benefit Points: 394 1000 * Qualification for each Public Benefit Item based on best available information at time of application or good faith determination if no information available. Lock Joint Tube Additional Years of Abatement Multi - family Development Projects: From To Additional Years 0 141 0 142 183 1 184 225 2 226 267 3 268 309 4 310 351 5 352 393 6 394 & over 7 Other Development Projects: From To Additional Years 0 300 0 301 357 1 358 414 2 415 471 3 472 528, 4 529 585 5 586 642 6 643 1000 7 Subtotal from Points Summary: 394 Base Years of Abatement 3 Additional Years of Abatement: 2 Total Years of Abatement: 5 U •� TS U N n. 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O O O O o v �c i�.:� cu o LLI cu u o(z oc� o U (n c � O E � � M u oZ i c W � O o x N , U) c J C c �- 4- 3�O' O y C a) N E .? �u Z z O (I3 y°'oy av'c c ca v a O cu ,. o v, Q UN o a ca o cu O } o� �`° m o o a ~ o ~ O o -a o - �U—la o nU NM�'Lo J a (D O C , rNM� L cu a) Z O V U C N J Z F- p I200 COUNTY -CITY BUILDING 22.7 W. JEFFERSON BOUI.F.vARD SOUTH BEND, INDIANA 466oi -1830 March 29, 2012 PHONE 5741 23 5-9371 FAX 574/235 -902I CITY OF SOUTH BEND PETE BLTTTIGIEG, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT Council Member, Chairperson Henry Davis Community & Economic Development Committee South Bend Common Council 4th Floor, County -City Building South Bend, IN 46601 RE: Personal Property Tax Abatement Petition and Real Property Tax Abatement Petition for: Lock Joint Tube, LLC Dear Council Member: Please find attached the Department of Community & Economic Development's report on a personal property tax abatement petition and a real property tax abatement petition for the above - referenced petitioner. Also attached are copies of the petitions, Statement of Benefits forms, 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 1217 South Walnut Street. The company also plans to construct an addition and raise the existing roof on the present building. The report contains the Department's findings relative to the above petitions. Lock Joint Tube will be purchasing and installing new manufacturing equipment. The total project cost for the equipment is estimated between $8.0 and $9.0 million. The project meets the qualifications for a (5) five -year personal property tax abatement. With the real property improvements, the Company will qualify for a four or a five year real property tax abatement. A representative from Lock Joint Tube will be available to meet with the Committee on Monday, April 23, 2012. Additionally, Lock Joint Tube is located in the Urban Enterprise Zone and may qualify for the Enterprise Zone Investment deduction. This is a 10 -year deduction which covers 100% of assessed value from new investment, but requires the company to contribute 25% of savings to the Urban Enterprise Association. The department recommends that should the company receive the UEZ designation, the Tax Abatement designation shall become null and void. COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT PAMELA C. MEYBR DONALD E. INKS 5741235-966o 5741 z3 5-9377 FAX: 5741235-9469 South Bend Common Council RE: Tax Abatements for Lock Joint Tube, LLC March 29, 2012 Page 2 The Company may not receive an economic revitalization area deduction if it receives an enterprise zone investment deduction under I.C. 6- 1.1 -45 for the same property. 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, Kathy Hahn Economic Development Specialist Attachments cc: South Bend Common Council Members Mayor Pete Buttigieg Aladean DeRose Don Inks I200 COUNTY -CITY BUDDING 22.7 W JEFFERSON BOUI.E.VARD 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 COMMON COUNCIL FROM: KATHY HAHN SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION AND REAL PROPERTY TAX ABATEMENT PETITION FOR: LOCK JOINT TUBE, LLC,1215 SOUTH WALNUT STREET DATE: March 29, 2012 On March 29, 2012, petitions for personal property tax abatement and real property tax abatement consideration for property located at 1217 South Walnut Street were filed with the City Clerk by Attorney Richard Deahl, agent for Lock Joint Tube, LLC. Pursuant to Chapter 2, Article 6, Section 2 -77 of the Municipal Code of the City of South Bend, these petitions were 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 petitions (copies of which are attached), investigated the area, and makes the following combined report. PROJECT SUMMARY The company will invest between $8.0 and $9.0 million in the purchase and installation ofnew manufactu- ring, information technology, and logistical distribution equipment to expand its production capabilities at its Walnut Street facility. This equipment will increase the length, wall thickness, and width of steel tubing that can be manufactured as well as enhance the coating, weld capabilities, and overall quality control standards for production of finished goods. These increased capabilities will expand the types of products the Petitioner can manufacture and will expand its existing markets, plus open new markets such as automotive axles, roll -over production systems and other heavy structural applications. Total taxes abated during the five -year abatement period range from $353,006 to $397,132, depending upon the final amount the company will invest in the new equipment. Additionally, Lock Joint Tube is located in the Urban Enterprise Zone and may qualify for the. Fnterrn;se Zone InvdftPxM'kdftvk@m -NThis is a 10 -year deduction which covers FOOR of &Yns IEvalue from new PAMELA C. MEYER DONALD E. INKS 574/235-966o 574/235-937r FAX: 574/23 5-9469 South Bend Redevelopment Commission RE: Tax Abatements for Lock Joint Tube, LLC March 29, 2012 Page 2 investment, but requires the company to contribute 25% of savings to the Urban Enterprise Association. The department recommends that should the company receive the UEZ designation, the Tax Abatement designation shall become null and void. The real property tax abatement petition describes new investment in two primary building projects. First, there will be the removal and reconstruction of a new and raised roof structure (raised from 15 feet to 40 feet) covering approximately 60,000 square feet of manufacturing space. Second, they will construct a new 30,000 square foot addition for additional manufacturing, storage, and shipping space. These real estate investments will cost between $1.0 million and $1.6 million. Please note that the contractor information (on the real estate petition) is largely unknown at this time although they do want to use MidStates Construction as the primary contractor, and they know that a prefabricated metal building (which is not available locally) will be a large purchase. Based on the preliminary information, they should qualify for a four or five year real property tax abatement. The term that they qualify for will be known by the date set for obtaining the confirming resolution. Based on a project cost of $1.0 million with a four or five year term, the taxes abated would range from $62,311 to $74,542 based on the approved term. Based on a project cost of $1.6 million with a four or five year term, the taxes abated would range from $99,698 to $119,267 based on the approved term. EMPLOYMENT IMPACT Per the petitions, it is estimated that the projects will create seven to eleven new, permanent, full -time jobs within the first year of production representing a payroll of $210,000 to $330,000; and, the projects will maintain (56) fifty six existing, permanent full -time and no existing, part-time jobs representing an annual payroll of $2,300,000. ABATEMENT QUALIFICATION A review of the tax abatements previously granted finds that the petitioner has been granted or associated with (3) three previous tax abatements. Term /Tyne Resolution No. Date 5 -year personal property 3621 -06 08/14/06 5 -year personal property 3308 -04 03/08/04 10 -year real property 2952 -00 11/27/00 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 Sample -Ewing Development Area, which is a Tax Incremental Allocation Area; therefore, the petitions for personal property and real property must first be approved by the South Bend Redevelopment Commission. 4. A review of the South Bend Urban Enterprise Zone finds that the property is located in the Zone Area; therefore, it is recommended that should the company receive the UEZ designation, the Tax Abatement designation shall become null and void. The Company may not receive an economic revitalization area deduction if it receives an enterprise zone investment deduction under I.C. 6 -1.1- 45 for the same property. 5. 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. The real property project will qualify for a four or five year property tax abatement pending further information on the contractors. 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Co > y Co N O ccoo (D � T � c co O N C O U N Co a a> m w aT c a .0'a Z6 a) � E cn O N y a) � T 7 � 'O N Co U to 3 D) _ m 7 N U) a� � C 7 co w p N p 5 > c6 N C p U m U c0 @ j 'O N >> X X m X p Y N N a N U 0 in H N CO "'X (0 N O ai N C W z cu N x m O N� E Q C O Y O 7 Va) N N Q Q W 2 V X O N mUZ U0 U � Q E op @ Coq rn O N V UM -i Q CD- U NI N M IT LO } cn r � [f j M M cu N N N ` x �+ Co !- N y O O O U cp C N x w c w a c Co O C 0 rn w CD E ? Co > y Co N O ccoo (D � T � c co O N C O U N Co a a> m w aT c a .0'a Z6 a) � E cn O N y a) � T 7 � 'O N Co U to 3 D) _ CITY OF SOUTH BEND PETITION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION The undersigned owner(s) of real property, located within the City of South Bend, hereby petition the Common Council of the City of South Bend for real property tax abatement consideration and pursuant to I.C. § 6- 1.1- 12.1 -1 et seg., and South Bend Municipal Code Section 2 -76, et 5eMc ., for this petition states the following: 1. Describe the proposed redevelopment or rehabilitation project, including information about physical improvements to be made, the proposed use of the improvements, and a general statement as to the importance of the project to your business. Lock Joint Tube, LLC and /or its affiliates (the "Petitioner ") manufacturers mechanical and structural Grade steel tubing in Indiana (and other states) for use in various industries, including (among others) thers) automotive, recreational vehicle, office /furniture, healthcare and construction. The proposed project includes new investment in two primary building projects, including (1) the removal and reconstruction of a new and raised roof structure (raised from 15' to 40') covering approximately 60,000 square feet of manufacturing space; and (2) a new building addition containing approximately 30,000 square feet to be used for additional manufacturing storage and shipping space, all located at the Lock Joint Tube, LLC facility on S. Walnut Street in South Bend. The Petitioner anticipates that these real estate investments will cost between $1,000,000 and $1,600,000. This proposed investment is being considered in connection with Petitioner's investment of between $8,000,000 and $9,000,000 in new manufacturing equipment (to be located within the real estate subject to this Petition) in order to (a) increase Petitioner's production capabilities, including the thickness, width and overall length of steel tubing manufactured by Petitioner, and (b) expand existing business and gain entry into new markets. Land Size 13.45 acres; Building Size 30,000 sq. ft. (new building addition) together with new roof structure over 60,000 sq. ft. 2. Describe the overall nature of the business and of the operations occurring at the Property (Please attach additional sheet if more space is needed): As noted above, Petitioner manufacturers mechanical and structural grade steel tubing in Indiana (and other states) for use in various industries, including (among others) thers) automotive recreational vehicle office /furniture healthcare and construction. This proposed project (and its proposed investment in new manufacturing equipment) is intended to significantly increase Petitioner's production capabilities and expand the types of products that Petitioner can manufacture and the markets Petitioner serves, including new products such as automotive axles, roll -over_ protection systems and other heavy structural applications. 3. Estimate the dollar value of the project (excluding land): $1,000,00041,600,000 4. The current assessed valuation of the real property before rehabilitation, redevelopment, economic revitalization, or improvement: $989,500 (This information may be obtained from the St. Joseph County Assessor's Office at 235 - 9557.) 5. (a) The real property for which tax abatement consideration is petitioned (Property) 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 Lock Joint Tube, LLC 515 W. Ireland Road 100% and/or A &F Realty South Bend, Indiana 46614 (b) The following other person(s) or corporation(s) lease, intend to lease, or have an option to buy the Property (include corporate information as required in (5)(a) above, if applicable): Name Address Interest N/A 6. The commonly known address of the Property is: 1217 S. Walnut Street, South Bend, Indiana 46619 7. The Key Number(s) of said property is: 018- 8021 - 084503 a/k/a 71-08-15- 276- 003.000- 026 8. A legal description of the above address is attached hereto, marked "Exhibit A," and incorporated herein. Please see Attached Exhibit A 9. A map and/or plat describing the Property is attached hereto, marked "Exhibit B," and incorporated herein. Please See Attached Exhibit B 10. Photographs of the property, taken within two (2) weeks of filing of this petition, are attached hereto, marked "Exhibit C," and incorporated herein. See Attached Exhibit C -2- 11. The REAL property where the proposed redevelopment or rehabilitation project will be carried out is located in the following Allocation Area, if any, declared and confirmed by the South Bend Redevelopment Commission: Sample Ewing Development Area 12. The redevelopment or rehabilitation project itself will: (a) create 7 -11* permanent, full - time and 0 permanent, part-time jobs within the first year, representing a new annual payroll of $210,000 - $330,000; and (b) maintain 56 existing, permanent, full -time and N/A existing, permanent, part-time jobs (including existing, permanent, full -time, minority employment of 14 workers and existing, permanent, part-time, minority employment of N/A workers) with a total annual payroll of $2,300,000 for all existing employees *. * Please note that information provided on existing and projected employment relates to Petitioner's facility on Walnut Street in South Bend. 13. 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. 14. The projected annual salary for each new position indicated in item 12 above is estimated to be as follows (Please attach addition sheet(s) if more space is needed): POSITION (Indicate Full Time [FT] or Part Time [PT] EMPLOYMENT WAGE Please See Question 13 Above. 15. Indicate whether your company provides the following benefits (use Y/N): Y Health Care Benefits Y Pension Plan Y Employer Provided Training (recognized or certified training/educational courses or programs) N Day Care (provide or contribute to the cost of child day care for its employees) N Transportation Assistance (provide direct or indirect support and assistance -3- Per Hour Full -Time Part-Time Laborers $12.98 —19.55 $12.98 —19.55 N/A Technical $ $ Managerial $18.03 — 37.71 $18.03 — 37.71 Administrative $ $ 14. The projected annual salary for each new position indicated in item 12 above is estimated to be as follows (Please attach addition sheet(s) if more space is needed): POSITION (Indicate Full Time [FT] or Part Time [PT] EMPLOYMENT WAGE Please See Question 13 Above. 15. Indicate whether your company provides the following benefits (use Y/N): Y Health Care Benefits Y Pension Plan Y Employer Provided Training (recognized or certified training/educational courses or programs) N Day Care (provide or contribute to the cost of child day care for its employees) N Transportation Assistance (provide direct or indirect support and assistance -3- to its employees who lack private transportation to get back and forth from residence to place of employment) N Employer- Assisted Housing Program (provide an employer- assisted home ownership program) N Targeted Hiring Preference (provide hiring preference for resident of Census Tracts designated by the City's Community & Economic Development Department that have the highest unemployment or the highest percentage of low and moderate income individuals) (Additional information may be requested for verification of the above items) 16. 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 2011 $36,358 $102,254 2010 $35,326 $100,183 2009 $39,636 $ 91,301 2008 $43,107 $ 81,291 2007 $ 28.597 (This information may be obtained from the St. Joseph County Treasurer's Office 235- 9531) 17. Please list the number of full -time and part-time minority employees for each of the last three years:* YEAR 2011 2010 2009 FULL PART FULL TIME FULL PART Black 11 8 7 Hispanic 3 1 Asian Indian Other * Please note that the employment information relates to employment of Lock Joint Tube, LLC located at its Walnut Street (South Bend) facility. 18. Does your business maintain a written (formal) affirmative action plan or other similar plan in order to achieve racial diversity? If yes, please briefly indicate specific goals, objectives, and means as designated by your plan: Petitioner is an equal opportunity employer which does not discriminate for any reason including race, color, citizenship status, national origin, gender, aize, religion physical or mental disability, veteran status, or any other factor protected by law. -4- 19. Indicate whether or not your project will finance any of the following activities. (If desired, please contact the Community & Economic Development Department 235 -9335 for additional information on this section): No Conversion to residential use of a commercial building "Eligible Building" as designated by the Community & Economic Development Department. No Rehabilitation of a building that is either: (a) on the National Register of Historic Places; (b) designated as a local landmark; (c) located in a National Register or local landmark district; (d) eligible for nomination as a National Register or local landmark; or (e) is rated as Outstanding (0/13) or Significant (S /12 or S /11) in the most recent Historic Preservation county- wide survey. No Rehabilitation and reuse of a property that is designated a Problem Property by the Community and Economic Development Department. No Cleaning up a `Brownfield," which is any site, building, facility or complex that has been designated a brownfield by the Community and Economic Development Department. 20. Is your business based upon licensing intellectual property from research conducted at a public or private university, college, or community college located with St. Joseph County, Indiana? If yes, please include a description of the research based aspects of the business. (Please attach additional sheet(s) if more space is needed): No. 21. Will your project achieve one or more physical elements identified in a development or revitalization plan that has been approved by the Common Council? If yes, please explain. N/A 22. Does your business provide significant financial support to a Municipal Facility (i.e. municipally owned park, recreation center or cultural arts or entertainment facility or other similar public amenity)? If yes, please explain. No. 23. Is your company incurring any of the costs of extension or over - sizing of municipal infrastructure serving the project site? This includes water, sewer, drainage facilities, wastewater treatment facilities, road and street improvements, street lighting, traffic control and related public improvements. (Please attached additional sheet(s) if more space is needed): -5- 24. Information is required on the companies through which construction materials will be purchased for the project. (Please complete the table on page 8 of this application). 25. Information is required on the construction companies that will be utilized for the construction or rehabilitation associated with the project. (Please complete the table on page 9 of this application). 26. No building permit has been issued for construction on the property in connection with the improvement in question as of the date of filing of this petition. (The Property Owner's signature at the end of this application is verification of this statement.) 27. 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: Major Group 33 -- Primya Metals Industries 28. The Internal Revenue Service Code of Principal Business Activity by which the proposed project would be classified, by number and description: 331200 - Steel Product Manufacturing from Purchased Steel 29. The current use of the Property is industrial/manufacturing and the current zoning is "GI ", General Industrial. (This information may be obtained form the Building Department 235- 9554). 30. 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 additional sheet(s) if more space is needed) ABATEMENT TYPE I TERM DATE OF APPROVAL Personal Property (Walnut Street) I 5 -Year August, 2006 31. 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 Section 503 or 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. M 32. The following person(s) should be contacted as Petitioner's primary agent(s) regarding additional information and public hearing notifications and the following individual(s) may participate at the committee and full counsel meetings of the South Bend Common Council: Name: Richard J. Deahl, Barnes & Thornburg`LLP Address: 600 1St Source Bank Center, 100 North Michigan City, State, Zip Code: South Bend IN 46601 Telephone: 574- 233 -1171 E -Mail Address: rdeahl@,btlaw.com 33. If this real property tax abatement is for warehouse or industrial developments, pursuant to South Bend Municipal Code Sec. 2 -83.2, please indicate the name, address, telephone number and e -mail address of the person who will work with WorkOne Northern Indiana (WNI) or its successor agency for employee recruitment, and assign the required WNI form attached to the petition. Name: Robert Strzelecki, Controller Address: 515 W. Ireland Road City, State, Zip Code: South Bend, Indiana 46614 Telephone: (574) 299 -3455 E -Mail Address: strzeleckib @ljtube.com ilea n�Clerk's off., - r [MAR S U 3 j CITY CLERK, SOUT. a ' 9 -7- 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 real 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. Name of Property Owner(s): LOCK JOINT TUBE LLC Robert Strzelecki. Controller (Typed or printed name and capacity of signor if signed by an agent or representative of the owner.) Attachments: Exhibit A - Legal Description Exhibit B - Map or Plat Exhibit C - Photographs of the Property Other Attachments: - Construction/Contractor Information Feed in 1'-"'"MAR 2, 80 2E no E2 � JOHN vd* MY CLERK,%3uqf'4 Tk -8- ?, 0 0 U 0 i O M a) a) cn a) cu CL O cu U O J 0 N. ( O CO M O C4 M r- O l0 O O CO Cfl M M O c O co c O O It It 696G.69- Q9�Q93 60- d46969QF t> h ®fie: Scl! L O U m L CO co m w m O U CL cu m U � m a LL 42 42 w 16 w w U- = J Q N O H w m O H cu 5- c F- w CL � z z °- U (� O Z R5 O Q �- (� U w INC6466 m 6 6 0 NCM4L6 O r C F- 0 z U cn CC N O ' 0 � U � cd ;~ o cd Y >� ID O s, cd O U O U U O ct cd U U sue, U ?�. cqj Qo .. O `n cd C N O 3 U °'o a3 UO� U 3 °oss.� w a > o C cd cd 'V 42 cd -d .> r. o �.Cq3 L rA cd 3 3 � O Cd cd c U U y O S. cn M C O O cth cn O O > cd U O >�o° 0 3 ,' U o i C;3 . cd bb 71 7a Cd U C 140, o a c �1° o in N a1 C r +N, E C C L • w Q Q c m O N S d � _ � c O U 1 o. � N d aL. _ C N O U o m a� a> as- (a Cd IL N N = Y A C O Q Q. �w c a� O i YO M Z 3 �L. O c E OQ U O r_ N G i E o U -ct o c d .F Z Q i O .Q cu O Cl) co a� QI— U _ U cu U Z J Q Z Z Z Z Z Z z_z_Z_ZZ__Z Zzzzzz �,- ��5---5�} Z Z Z Z Z Z } }� }}=} Z Z Z Z Z Z j j 5 } }j K-} K-} 61916c*. EH b9- dg ,�— N cM 4 6 C4 m U � O Q J f4 O HU m U O J C O ii } } } zzz �-- i- i- "- N M ca U O J i C O Z cu O H> J H 0 Z u C 0 N d 8 .E L v d L d m J I V w a 0 m a U- o � W c U" O Q cn N W o cu -L N �" C 4 U (D o C-) W a � m c 0 EXHIBIT A LEGAL DESCRIPTION A tract of land in the City of South Bend, County of St. Joseph, and State of Indiana, situated in the Northwest Quarter of Section 14, and the Northeast Quarter of Section 15, Township 37 North, Range Two (2) East, bounded by the following described line: Beginning at a point in the West line of Walnut Street, 1239.70 feet South of the South line of Sample Street, which point is 587.95 feet South of the South line of the Sanders and Egbert Tract, as conveyed by deeds recorded in Deed Record 118, page 428, and Deed Record 121, page 320; thence on an assumed bearing of South 00 °00'49" East along said West line of Walnut Street 479.91 feet; thence South 89 °54'12" West, 725.03 feet; thence South 61 °54'12" West, 42.91 feet; thence South 89 °23'32" West, 437.13 feet; thence North 00 °00'49" West parallel with said West line of Walnut Street, 504.26 feet; thence North 89 055'05" East, 1200 feet to the place of beginning. 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