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HomeMy WebLinkAboutConfirming Tax Abatement - Mossberg & Company, Inc. 301 E. Sample St. (5 Year Personal Property)Attest: RESOLUTION 3533 -05 Passed by the Common Council of the City of South Bend, Indiana November 14, 20_25 City Clerk President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana November 15, 20 05 Approved and signed by me NOVEMBER 15, 2005 City Clerk RESOLUTION NO. 3 S 3 3-0S A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 301 EAST SAMPLE STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR MOSSBERG & COMPANY, 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 301 East Sample Street, South Bend, Indiana, and which is more particularly described as follows: Lots Numbered Eleven (11), Twelve (12), Thirteen (13), Fourteen (14), Fifteen (15), Sixteen (16), Seventeen (17), Eighteen (18), Nineteen (19) and Twenty (20) as shown on the recorded plat of John C. Knoblock's Subdivision of Out Lot Thirty -nine (39) in Denniston & Fellows Addition to the Town, now City of South Bend, recorded March 28, 1902, in Plat Book 8, Page 69, together with the vacated East -West alley lying between Lots Numbered Fifteen (15) and Sixteen (16); excepting the South Forty (40) feet of Lots Numbered Nineteen (19) and Twenty (20) heretofore conveyed to the Civil City of South Bend, Indiana for street and roadway purposes. Also Lots Numbered Three (3), Four (4), Five (5), Six (6), Seven (7), Eight (8), Nine (9), Ten (10), Eleven (11) and Twelve (12) as shown on the recorded plat of William S. Anderson's Subdivision of Lot Numbered Forty (40) in Denniston and Fellows' Addition to the City of South Bend, in St. Joseph County, Indiana, together with the vacated East -West alley between Lots Numbered Nine (9), Ten (10), Eleven (11) and Twelve (12), on the North side, and Lots Numbered Three (3), Four (4), Five (5), Six (6), Seven (7) and Eight (8) on the South side, together with the vacated North -South alley lying between Lots Numbered Six (6) and Seven (7); excepting the South Forty (40) feet of Lots Numbered Seven (7) and Eight (8). BUT EXCLUDING: A parcel of land being part of lot 30 as shown on the recorded plat of Denniston and Fellows Addition and part of the East Half of the Southwest Quarter of Section 12, Township 37 North, Range 2 East, all in Portage Township, City of South Bend, St. Joseph County, Indiana, described as follows: Beginning at a point on the North line of Tutt Street, 22.23 feet South 89 degrees 41'55" East (bearing assumed) from the Southwest corner of said Lot 30; thence South 89 degrees 41'55" East along the North line of Tutt Street, 155.62 feet to a point (295.09 feet, record) North 89 degrees 41'55" West of the Southeast corner of said Lot 30, and being on the East line of the East side of an existing concrete block building; thence North 00 degrees 33'35" East along said East line of said block building, 184.30 feet to the Southerly line of the Consolidated Railroad Corporation right -of -way; thence South 89 degrees 58'00" West along said railroad southerly right -of -way line, 6.79 feet to an angle in said railroad right -of -way; thence North 57 degrees 16'15" West along said railroad southerly right -of -way line, 128.09 feet; thence South 32 degrees 43'45" West, 75.89 feet; thence South 00 degrees 33'35" West, 188.90 feet to the point of beginning. and which has Key Numbers 18- 3024 -0869, 18- 3022 -0827, 18- 3022 - 082701, 18- 3024 -0897, 18- 3024 -0898, 18- 3024 -0899, and 18- 3024 -0900, 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 five (5) 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 M. 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. SBDS02 RID 3266390 PRESENTED I �- 1`l'd -� 0 9/� Member of the Common Co ncil Filed In Clerk's Office OCT 14 � NOT APPROVED ' ClTY _tgi K, SD. BEND, K ADOPTED 1200 CAUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDw A 46601 -1830 PHONE 574/235 -9371 FAx 574/235 -9021 TDD 574/ 235 -5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT October 16, 2005 SHARON T. KENDALL ExECUT1vE DIRECTOR Council Member Ann Puzzello, 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: Mossberg & Company, Inc. Dear Council Member Puzzello: Please find attached the Department of Community & Economic Development's report on a personal property tax abatement petition for the above referenced petitioner. The project calls for the acquisition and installation of new machinery and equipment at the company's South Bend Facility at 301 E. Sample Street. Also attached is a copy of the petition, Statement of Benefits form and supporting information. The report contains the Department's findings relative to the above petition. Mossberg will be purchasing and installing new machinery and equipment. The total project cost is estimated at $5,500,000 to $6,500,000. The project meets the qualifications for five (5) year personal property tax abatement and a representative from Mossberg will be available to meet with the Committee on Monday, October 24, 2005. 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 -5825. Sincerely, Tedd Schaffer Economic Development Specialist Attachments c: South Bend Common Council Members Mayor Stephen Luecke Sharon Kendall Don Inks Bob Mathia COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235 -9660 574/235 -9371 ELIZABETH LEONARD FAX: 574/235 -9697 574/235 -9371 1200 CouN -CITY BUILDING 227W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601 -1$30 PHONE 574 /235 -9371 FAx 574/235 -9021 TDD 574/ 235 -5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT SHARON T. KENDALL EXECUTIVE DIRECTOR TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: TEDDSCHAFFER SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: MOSSBERG & COMPANY, INC. 301 E. SAMPLE STREET DATE: October 16, 2005 On October 14, 2005, a petition for personal property tax abatement consideration for property located at 301 E. Sample Street was filed with the City Clerk by Mossberg & Company, Inc. Pursuant to Chapter 2, Article 6, Section 2 -77 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 (a copy of which is attached), investigated the area and makes the following report. PROJECT SUMMARY Mossberg & Company is engaged in the lithography and printing industry. The company prints and lithographs high quality, close tolerance, color brochures and inserts for the medical products industry, annual and quarterly statements for publicly held companies, and a variety of printing material, particularly for companies with needs for high quality, close tolerance printing. To maintain the high quality standard and cost effectiveness, the company will be purchasing and installing new manufacturing, logistical distribution and IT equipment including an offset printing press, felxographic press, cutter, stitcher and related equipment. The total cost of the new equipment is estimated to be between $5,500,000 and $6,500,000. COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235 -9660 574/235 -9371 ELIZABETH LEONARD FAx: 574/235 -9697 574/235 -9371