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01-23-12 Council Agenda & Packet
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01-23-12 Council Agenda & Packet
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1/19/2012 11:04:56 AM
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City Council - City Clerk
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goo TH <br /> 1200 CouN Y-Crn 13iSILDING PHONE 5741235-9371 <br /> 227 W.JEEI:ERsoN BOULEVARD W��X�eEACE/, FAx 5741235-9021 <br /> SOUTH BEND,INDIANA 46601-1830 <br /> 1865 <br /> CITY OF SOUTH BEND STEPHEN J. LuECKP., MAYOR, <br /> COMMUNITY ECONOMIC VEVELOPMENT <br /> JEFFREY V. QBNEY <br /> EXECUTIVE DIRECTOR <br /> .TAX ABA TEMENT REPORT <br /> T <br /> TO: SOUTH BEND COMMON COUNCIL <br /> FROM: MATTHEW SIKORA <br /> SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: <br /> STEEL WAREHOUSE COMPANY LLC (1400 West Riverside Drive) <br /> DATE: December 22, 2011 <br /> On December 2, 2010, a petition for personal property tax abatement consideration for property <br /> located at 1400 West Riverside Drive was filed with the City Clerk by Steel Warehouse Company <br /> LLC. Pursuant to Chapter 2, Article 6, Section 2-84.2 of the Municipal Code of the City of South <br /> Bend, this petition was referred to the Department of Community and Economic Development for <br /> purposes of investigation and preparation of a report determining whether the area qualifies as an <br /> Economic Revitalization Area pursuant to I.C.6-1.1-12.1 and whether all zoning requirements have <br /> been met. <br /> The Department of Community and Economic Development has reviewed the petition,investigated <br /> the area, and makes the following report. <br /> PROJECT SUMMARY <br /> Steel Warehouse Company LLC is a steel service center with a primary focus on flat rolled, low <br /> carbon steel. Its operations involve slitting, leveling, pickling, shearing, temper rolling and cold <br /> reducing. It also manufactures and supplies profiling parts using its plasma and laser cutting <br /> operations. The proposed project — the acquisition of manufacturing and material handling <br /> equipment—will enable Steel Warehouse Company LLC to accommodate the increasing demand of <br /> its customers for prefabrication parts. <br /> COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL&PROGRAM <br /> PAMELA C.MEYER DONALD E.INxs MANAGEMENT <br /> 5741235-9660 5741235-9371 ELIZABETH LEONARD <br /> FAX: 5741235-9469 5741235-9371 <br />
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