HomeMy WebLinkAboutagenda item 2015 0625 rdc 06b4Department of
Community Investment
Memorandum
Tuesday, June 23, 2015
TO: Redevelopment Commissioners
FROM: Chris Fielding
SUBJECT: Chase Plastics/Ameriplex
In November staff brought forth a proposal of terms negotiated with Chase Plastics/CBK land
development to build a new distribution center here in South Bend.
Chase Plastics is a leading North American full-service specialty engineering thermoplastic distributor
serving plastic processors throughout North and Central America. The facility, to be located in the
Ameriplex at Interstate 80/90 project, will be approximately 125,000 square feet in size and located on
9.55 acres in South Bend's 1st District. This project will result in new private investment of approximately
$5.6 million and create 13 new jobs.
The initial budget amount set forth in the development agreement to support the new project was
$150,000. In addition to the investment in the company the RDC has the opportunity to maximize the
efficiencies of having contractors on site and take the opportunity to permanently resolve the temporary
drainage basin that was built along Dylan Drive. The initial budget for the design and installation of the
new Storm sewer pipe was $48,000. This amount would be in addition to the $150,000.
Engineering bid the entire project as one packet and has been able to reduce the overall projected cost
to $170,000 for both projects resulting in a net savings of $28,000. Staff is requesting the approval of an
additional $20,000 to cover the design and installation of the permanent storm sewer to serve the current
and future development.
227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 | P: 574-235-9371 | FAX: 574-235-9021 | SOUTHBENDIN.GOV
ITEM: 6.B.(4)