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04-24-14 Redevelopment Commission Meeting
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7. <br /> e 04 <br /> ,s^'SauT1I8 O <br /> 44 Department of <br /> � fit. <br /> t ` `� 1 Community Investment <br /> °Z. 7865 rr <br /> Memorandum <br /> Monday,April 21, 2014 <br /> TO: Redevelopment Commission <br /> FROM: Brock Zeeb, Director of Economic Resources <br /> SUBJECT: Tax abatement updates <br /> DCI is just updating the Redevelopment Commission on current tax abatements under consideration <br /> by City Council. <br /> 1. Noble Americas: Confirming on 4/28: Real Property <br /> 50 Jobs Project Cost $18 million <br /> 2. Vida Realty: Confirming on 4/28; Real Property 2 year vacant <br /> 9 Jobs Created and 5 jobs retained; Project Cost $286,300 <br /> 3. IRBN; Confirming on 4/28; Personal Property; related to Vida Realty <br /> Jobs listed above; Equipment Costs $620,000 <br /> 4. Lippert Components, Confirming on 4/28: Personal Property 200 <br /> jobs; $1,300,000 Equipment Costs <br /> 5. Lock Joint Tube , Confirming on 5/12; Real Property and Personal Property <br /> 6 jobs created and 193 jobs retained <br /> $3,148,900 real property improvements <br /> $3,500,000 equipment costs <br /> 227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 I P: 574-235-9371 I FAX: 574-235-9021 I SOUTHBENDIN.GOV <br />
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