HomeMy WebLinkAboutConfirming Tax Abatement - Federal-Mogul Powertrain, Inc. 3605 W. Cleveland Rd. (5 Year Personal Property)Attest:
RESOLUTION
3397 -04
Passed by the Common Council of the City of South Bend, Indiana
October 25,
04
20_.
City Clerk
President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
October 26, 20 04
Approved and signed by me �" C L1 20 4.
City Clerk
RESOLUTION NO. 3 3 17
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN
THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3605 W. 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 W.
Cleveland Road 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
with said real estate having the following Key Number 25 -500- 19994, 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, et seq., and South Bend
Municipal Code Section 2 -84.2, 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 sea.
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.
of the Common Council
PRESENTED 0-2S -0`
NOT APPROVED
ADOPTED lO'1 -S�v
Filed In Clerk's Office
OCT - 4 M4
JOHN VOORDE
CITY CLERK, SO. SEND, IN.
1200 COUNTY -CITY BUILDING
227 W. JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46601 -1830
PHONE 574/235 -9371
FAx 574/235 -9021
TDD 574/ 235 -5567
CCCY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY & ECONOMIC DEVELOPMENT
September 30, 2004
SHARON T. KENDALL
EXECUTIVE DIRECTOR
Council Member Roland Kelly, 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 Kelly:
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 3605 W. Cleveland
Road. 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. Federal -Mogul will be
transferring a piston machine line and tooling from Lagrange, GA. They will make minor modifications and
install the machine line. The total project cost is estimated at $7.482 million. The project meets the
qualifications for a five (5) year personal property tax abatement and a representative from Federal -Mogul
will be available to meet with the Committee on Monday, October 11, 2004.
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,
_/_Z�L /,W
Tedd Schaffer
Economic Development Specialist
Attachments
c: South Bend Common Council Members
Mayor Stephen Luecke
Sharon Kendall
Don Inks
Filed in Clerk's Office
SEP 3 0 Anne
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