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HomeMy WebLinkAboutConfirming Tax Abatement - Manufacturing Technology Inc. 402 N. Sheridan St. (2 Year Vacant Building)Attest RESOLUTION 4491 -15 Passed by the Common Council of the City of South Bend, Indiana August 24, 15 2Q_. Presented by me to the Mayor of the City of South Bend, Indiana August 25, 20 15 City Clerk President of Common Council Approved and signed by me f gut 73Z S 20/5 City Clerk RESOLUTION NO. 1, 4,j l"( A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 402 N. Sheridan St., South Bend, IN 46619 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TWO (2) YEAR VACANT BUILDING TAX ABATEMENTFOR Manufacturing Technology, 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 402 N. Sheridan St., South Bend, IN 46619 and which is more particularly described as follows: PT SW SE NE COR SHERIDAN & LINDEN 12 AC SEC 4 -37 -2E and which has Key Numbers 018 - 2193 - 725801 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 a real property tax deduction for a period of (2) two years as shown by the attachment pursuant to Indiana Code 6 -1.1- 12.1 -17 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 et seq. 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. PRESENTED F - " -tf- NOT APPRO.NA ADOPTia""r T• t' .--t r Fitcci Ili .Ikk S 6ifIce I rs�i 227 W. JEFFERSON BOULEVARD SUITE 1400 S. SOUTH BEND, IN 46601 -1830 July 20, 2015 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUTIVE DIRECTOR Council Member Gavin Ferlic, Chairperson Community Investment Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Vacant Building Tax Abatement Petition for: Manufacturing Technology, Inc. Dear Council Member Ferlic: PHONE: 574/235 -9371 FAx: 574/235 -9021 Please find the attached information pertaining to a vacant building tax abatement petition for Manufacturing Technology, Inc.: ➢ Department of Community Investment's summary report ➢ Copy of the petition ➢ Statement of Benefits form ➢ Supporting information. The report contains the Department's findings relative to the above petition. The project meets the qualifications for a (2) two year vacant building tax abatement. A representative from Manufacturing Technology, Inc. will be available to meet with the Committee on Monday, July 27, 2015. 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 -9339. Sincerely, Brock Zeeb Director Economic Resources PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES 11TIN KAIN PAMELA C. MEYER CHRIS FIELDING 13ROCK ZEEB TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL [�Z�77�:1K�Z�I:f�i111�1: SUBJECT: VACANT BUILDING PROPERTY TAX ABATEMENT PETITION FOR: Manufacturing Technology, Inc. DATE: July 20, 2015 On Wednesday, July 15, 2015, a petition from Manufacturing Technology, Inc. was received and subsequently filed with the City Clerk for vacant building property tax abatement consideration for property to be located at 402 N. Sheridan St., South Bend, IN 46619. 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 Investment 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 Investment has reviewed the petition (a copy of which is attached), investigated the area, and makes the following report. ' : 4711MOL&II1luallS/_\m ➢ Expansion of manufacturing services, providing friction welding services and other ancillary pre and post - processing. Vertically integrate with customer's production needs and requirements. New facility will allow MTI to provide the scale and production flow to support high volume production, adding systems and production processes. ➢ $929,000 investment in improvements to existing building construction along with approximately $1.75M in new machinery & equipment, special tooling/retooling and new computer/IT hardware ➢ Total project taxes during two year abatement period — $145,128 ➢ Estimated taxes being abated during two year abatement period — $90,031 ➢ Total taxes to be paid during two year abatement period — $55,097 EMPLOYMENT IMPACT Per the petition, it is estimated that the total project will: ➢ Create 7 permanent, full -time and zero (0) permanent, part-time jobs in the two year abatement period, representing a new annual payroll of $196,560 ➢ Retain 25 permanent, full -time jobs with an annual payroll of $382,000 PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES JITIN KAIN PAMELA C. MEYER CHRIS FIELDING BROCK ZEEB ABATEMENT QUALIFICATION A review of the tax abatements previously granted, finds that the petitioner has been granted or associated with a previous abatement. 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. A review of the South Bend Redevelopment designation areas finds that the property is located in the River West Development Area. 4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the qualifications for a two (2) vacant building tax abatement under section IC. 6- 1.1- 12.1 -4.8. { \ ; | \ ! $ ƒ \{ ) \ )- § § E §! !2 §! §! ! ! |\)§ ! {) }� !) � \{ - ;! >! !! § §s■ § ;! • ■ :| .a §( 1 =�88 ! aul ;• ;! 7!!! •!• !; /! || [ |) �() !! /} St.Joseph Indiana, Assessor St.Joseph Indiana, Assessor Parcel Page 1 of 1 generated on 711512015 8:44:22 AM CDT Parcel ID Parcel Address AV - Total Land & Data as of Improv. 71-08-04-461- 402 N SHERIDAN $2,004,700 7/12/2015 8:28:00 PM 001.000 -026 -026 Owner Information Owner Name Mohawk Flush Doors Inc. % Premdor Inc Owner Address Ste 300 Tampa FL 33602 -5105 Transfer Date 09/09/1991 Location Information District No. 026 Section & Plat Area No. 011 State Assigned District No. 026 Parcel Address 402 N SHERIDAN Routing No. 8 -C Parcel Address 402 N SHERIDAN Legal Desc. - Pt Sw Se Ne Cor Sheridan & Linden 12 Ac Sec 4-37 - 2e Parcel Information Topography Services Current AV - Total Land Zoning $0 Level Y Water Y Property Class Code 350 High N Sewer Y Neighborhood Code 7126026 Low N Gas Y Neighborhood Factor 100.00 Rolling N Electricity Y Neighborhood Type B Swampy N Sidewalk N Street or Road Code A Flood Hazard 0.00 Alley N $0 Waterfront Property Type httn• /An- .atinsenh- assPSCnr onvernmax rnm /nrnnerlvmsx /A( AMA Tnfliana /tsh narcel v07 _ 7/15/2015 Assessment Information Current AV - Total Land $107,400 AV - Res. Land & Lots $0 Legal Acreage .0000 Current AV - Total lmprov. $1,897,300 AV - Res, improv. $0 Average AV/Acre $0 AV - Total Land & lmprov. $2,004,700 AV - Res. Land & lmprov. $0 Appraisal Date AV - Commercial Land $107,400 AV - Non -Res. Land $107,400 Reason for Change Code 19 AV - Comm. lmprov. $1,897,300 AV - Non -Res. Imp. $1,897,300 Prior AV - Total Land $107,400 AV - Comm. Land & Imp. $2,004,700 AV - Non -Res. Land & lmprov. $2,004,700 Prior AV -Total improv. $1,898,200 AV - Dwelling $0 AV - Classified Land $0 Adj. Factor Applied 0.00 AV - Farmland $0 AV - Homesite(s) $0 httn• /An- .atinsenh- assPSCnr onvernmax rnm /nrnnerlvmsx /A( AMA Tnfliana /tsh narcel v07 _ 7/15/2015 City of South Bend d Petitian for Incentives Petition must Include a $250 filing fee payable to the C1 'CCha,k's Office or online via the City's websrte at ° httpi / /sourhbendln.pov /pavernment /convent /tax -g prrytrent before processing can be mfiplete General Information MS Expansion Project Legal name as registered with Se netar'yof Idenulectudnp Technology, Inc. auslnesestrucmre S Corp Manufacturing [ompanvwebsite vavw.mavyeldng.com Proposed Project information Propoied profett adtlress - d02 N. Shanden SUe at Rueniwmpany nine - Manufacturing Technology, Inc. aty, State, zip South Band,IN 46614 Legal owner Site aoreage or acreage required 73 Is the real estate owned or 11,110m, (574)293 -9490 paned Square feet of fad ll ty 117,700 Itleased by whom Email Prima il' company c ,.Ct'nanm Michael Laiman Title Manufacturing Manufacturing Sendcas Business Unit Manager Address Of company contact W Washington Slreel 11,110m, (574)293 -9490 city, state, zip Senior Official South Bend, IN 46628 Email ' Iaiman.mlchael ®mlfwelding.com Company senior offldal name Doug Wall Ttle Chkl OpareStq OlAcer walt.douglimliwelding.com game npn°n o' your Expansion of manufacturing services, providing friction weldin services and other ancilla proleR,.aa wnyme and post- processing. Vertically intergrale with customers' production needs and requirements. 6rmmhsary far New facility will allow us to provide the scale and production flow to support high volume production, adding systems and production processes. We Will consolidate two facilities, Sample Street FSW site which produces large panels and Washington Street RFW into one facility for manufacturing of components. Washington Street Will have additional space to expand equipment.manufacturing. I _ _ __ mnoiogy Park appropriate Rey1b11aatlon Enhanceme .)fflce J01414 V0'__ Sv`171 n B "ND' � rs�am,I wnaiismevaiueolanyequlpmentbeingpurch warn l What is the valddblanl 'eyulpinentlielni; sIt- of pI0Jeit In dorm,) raelvedl - Indiana for the prole Ra purchased from mm of state for the prdl,d b191,O00 1,485,000 $230,000 New Prolect Investment 2015 Land Acquls0loo Building tease Payments Building Purchase Coats 5 900,000 New Building Construction Existing 0uildin8amprovemem,, 3659,000 New Machinery$ Equipment a $630,000 Spedlal TO011og /Retooling - $200,000 New Furniture /Fixtures 330,000 New Computer /IT Hardware ! 554,660 New Software $35,000 OneFc Fell InNstructure OR site Flbepinfr:r, qwe 312,000 TOTAL 2016 2017 2018 1 5 1 2021 2022 560,000 $20,000 3720,000 350.000 350.000 350,000 3 5,000 $ 5,000 3193,760 $20,500 35,000 36,000 Full-rime Permanent Indiana-Resident Positions by Calendar Year Calendar Year- "ISSpbs retain.d TdtaiTobrly Cumulativegofn,t NEW full time wage w/o permanent lobs created at protect Iringe or bonuses HOUrty average wage, w/o benefits or bonuses, of c- muirlivenetnewj -b5 Tool training or St. be expenditure- trained -not not cumulative cumulative 2015 25 362000 5 $13 36640 6 2016 7 2017 10 $14 63760 8 $14 63760 8 2018 12 2019 14 2020 16 $14 63760 6 $14 $14 2021 20 2022 22 $16 $16 2023 24 $16 2024 26 $16 2025 28 $16 2026 30 $16 Full time part time Loborem $13.10 ` Technlcel $34 Managerial $36 Adminlslrallve $16 Who vvill be t the mcMd.alme,pso,lble to, connfir.11m, workone o feuui In ? Carol Senour (Human Resources) Does your company have a n EEO Wring policy? Yes Are you an EEO employer? VGS the last three Year 2014 years: 2013 2012 Pleue tlesalbe your commltmms to diversity and Inclusion by 8e alling your ---reach eqd recrullment e6ore for the last three years as well as current polldes. Full Time ear ik 5 Part Tlme 0 Full Tlma 3 Part Time 0 Futl rime 4 Pan Tlme 0 All jobs postings state EOE7AA work place. (corporate numbers reflected on the left.) Hhpanlr 2 0 2 0 0 o Amsn 3 0 2 0 2 0 Indian 0 0 0 0 0 0 Female ig 0 14 0 16 0 Other 1 0 1 0 2 0 Complete below for Real or Personal Property Tax Abatement only. Please sign for all requested incentives. Public alerhBfft Item: Information Is required on both the construction companles.and tie companies which will provide materials purchased for this project. Please complete the table below with thea p p appropriate f a ation. If you qualify for the points, please enter the full amountof available points. Qualify Earned Points (yes or No) Available Points 1 Construction Related iContractorsF A. Employ Local Companies (75%) Yes 20 10 B. Purchase Materials from Local Companies 175 %) Yes 20 20 C. Require Employees vs. Independent Contractors No 19 D. Require Prevailing Wage(Da4ls Bacon) No 22 E. Require Health Benefits No 22 F. Require Pension Benefits No 18 G. Maintain Affirmative Action Plan No 20 Sub -total Construction Related: 40 141 2 Wage$ Benefit Related LQwnerP A. Pay Target Wage Levels Yes 33 33 B. Provide Health Benefits Yes 34 34 C. Provide Pension Benefits No �9 D. Provide Training Yes 29 28 E. Provide Child Care No 19 F. Provide Transportation Assistance No 14 G. Provide Employer Assisted Housing program Yes 9 9 Sub -total Wage & Benefit Related: 104 162 3 Workforce Related: A. Create New Jobs Yes 42 42 8. Retain Existing Jobs Yes 41 41 C. Maintain Affirmative Action Plan Yes 35 35 D. Provide Targeted Hiring Preference 34 Subtotal Workforce Related: 118 152 4 JUJorta MWIIc1Lal Facility A. Support a SB Municipal Facility (donailons io the zoo, conservatory, museum, etc.) Yes as 84 Name of Facility Sub -total Municipal Facility: 84 84 Sub -total from Above: 346 539 The undersigned owner(,) of real property, low ted withln the City of South Bend, herby petition the Common Council of the City of South Bend for a real and /or personal property tax abatement consideration and pursuant to I.C., 6- 1.1- 12.1-1, et see., and South Bend Municipal Code Sec. 2 -76 et sea. for this petition state the above. at is the current assessed value? Real Property: 0,00 t(r %00 Peoopal'PfoPern: at is the projected assessed value? Real Property: Personal Property: [What is the taxkeynumber for this project? sgo t Is the six digitNAICS rode? 333992 se attach a Gdbgle map and street view of the location. hhps: //v .google.coMImapsiplace/ 402+ N+ Sheridan+S� +Soulh.Dend,+IN+46619 /@41.6801542 se list the• mount of real andpersonal propertytaxes paid for the lost live years when 'app las ble. Real Property Taxes: Personal Property Taxes: Yeu One Year Two Year Tinee Year Four Year Five - Staff Use Please fill Out the Public Benefit Summary Information Only and add to the total from above. Y rN pdints o -ta Public Benefit Item: Proledt Refatetl: 5 A. Redevelop a Site that has Special Needs 49 B. Develop Based on Local University Research 35 C. lAchieve a Physical Element of a Plan 36 Sub -total Project Related: 0 120 6 Steer Size Projects (point values are cumulative): A. 100Y to 199% 25 B. 200% to 299% 68 C. 300 %to 399% 65 D. 400% and Over 52 Sub -total Super Size Projects: 0 210 7 Pay for Municipal Infrastructure: A. Pay for Oversiting or Upgrading 14 B. Pay for 2650% of Extension Cost 26 C. Pay for 51 -75% of Extension Cost 39 D. Pay for 76- 100% of Extension Cost 52 Sub -total Infrastructure Related:. 0 131 Total from Applicant Section: - 346 539 Total from Staff Section: 0 461 Total Public Benefit Points: 346 1000 1) How do I pay my petition filing fee? Your peNflon flhtgfee can be paid either in person or via mail to: Or online via paypal at: City Clerk's Office http:/ /soutbbendin.gov /government/ Attu; Deputy Cify Clerk conten /tax- abatement 227 West Jefferson Blvd.. Suite 400 S South Bead, Indiana 46601 2) Certified Technology Park appropriate? (Page one, under project overvimv) - fit file South Bend area there are only two Certified Technology Parks, Innovation Park and Ignition Park. If yam•prope ty is not located lit either then the mnsnver would be no. 3) Community Revitalization Enhancement District? (Page one, under project overview) The map belov outlines the CRED area, please check to see ifyoufall within the boundaries. . - - era Logo na • 31 N r OCPF.D.—. 9 W34.. A r1 owa o.w v.rca, 4) Has any 504 funding been received? (Page one, under investment details) 504Fmndingisa loan that conrfrot the Small Brashness Adniitdstntionn. Thisfundimgnunsibeappliedfor tube received. 5) Total training expenditure - not cumulative (Page two, under full time Indiana resident positions) The amount of nnoney to be spent per year on training over the course of the project. 6) Total number to be trained - not cumulative (Page trvo, under full time Indiana resident positions) The amount of people that you will train per year at," the length of fhe project. If you have any additional question that are not addressed by this document please contact San io-FWntarlsonau -'n thus._, _ p.�_,__ Department ofConnuunty Investment at 574.235.5842 or email at; lfwtrerasauth0oidi, vov Filed In rvrfr- 1rk1';S 0 ffFCy -. 1 I 7L-1 5 2015 Jo €iii ' i;i_}s;uW CITYCLERk.;'E 4CREeD District Boundary � �.% Grvv soum sown " rob oWw po., 4P nm.na p s Duman ) x Fi.M1n luC TO. f.empb �Ktll g OM1n Girv: e �emmn swi � . - - era Logo na • 31 N r OCPF.D.—. 9 W34.. A r1 owa o.w v.rca, 4) Has any 504 funding been received? (Page one, under investment details) 504Fmndingisa loan that conrfrot the Small Brashness Adniitdstntionn. Thisfundimgnunsibeappliedfor tube received. 5) Total training expenditure - not cumulative (Page two, under full time Indiana resident positions) The amount of nnoney to be spent per year on training over the course of the project. 6) Total number to be trained - not cumulative (Page trvo, under full time Indiana resident positions) The amount of people that you will train per year at," the length of fhe project. If you have any additional question that are not addressed by this document please contact San io-FWntarlsonau -'n thus._, _ p.�_,__ Department ofConnuunty Investment at 574.235.5842 or email at; lfwtrerasauth0oidi, vov Filed In rvrfr- 1rk1';S 0 ffFCy -. 1 I 7L-1 5 2015 Jo €iii ' i;i_}s;uW CITYCLERk.;'E