Laserfiche WebLink
~• <br />17. What is your best estimate of the amount of taxes to be abated during each of the five <br />years after installation? (Based on $8,000,000 to $9,000,000 estimated value) <br />Year Amount <br />2011 $112,000.00 - $126,000.00 <br />2012 $125,700.00 - $141,500.00 <br />2013 $76,375.00 - $85,923.00 <br />2014 $30,600.00 - $34,470.00 <br />2015 $3,000.00 - $3,363.00 <br />Total $347 600.00 - $391,256.00 <br />18. What is the commitment your firm will make to minority employment during the five years <br />of tax abatement? <br />Patterson Companies fully supports affirmative action and hiring minorities. However, due to <br />the unknown nature of the availability of minorities, Patterson can not commit to <br />specific numbers of minorities hired. Patterson will continue to follow its affirmative action <br />plan. <br />19. The Equipment has not been installed as of the date of filing of this petition. <br />(The signature at the end of this Petition is verification of this statement) <br />20. The standard Industrial Classification Manual major group within which the proposed <br />project would be classified, by number and description: <br />5407-Retail Trade <br />21. The Internal Revenue Service Code of Principal Business Activity by which the proposed <br />project would be classified, by number and description: <br />453990: All other miscellaneous retailers <br />22. The real property where the Equipment will be installed is located in the following <br />Allocation Area, if any, declared and confirmed by the South Bend Redevelopment <br />Commission: <br />Airport Economic Development Area <br />23. Other anticipated public financing for the project including, if any, industrial revenue- <br />bonding to be sought or already authorized, assistance through the United States <br />Department of Housing and Urban Development funds from the City of South Bend, Small <br />Business Association Sections 503 and 504 financing through the Business Development <br />Corporation of South Bend, Mishawaka, and St. Joseph County, Indiana; or other public <br />financial assistance, including but not limited to public works improvements. <br />N/A <br />24. Describe how and why the manufacturing equipment to be replaced or the facility in which <br />Equipment will be added is currently technologically, economically or energy obsolete and <br />how and why that obsolescence may lead to a decline in employment and tax revenues: <br />Facility has no equipment currently. <br />(Revised 8/2/02) <br />