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25-14 Designating Resolution - Vacant Building Tax Abatement for 425 South Michigan Street
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02-24-2025
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25-14 Designating Resolution - Vacant Building Tax Abatement for 425 South Michigan Street
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2/19/2025 12:44:16 PM
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2/19/2025 12:44:13 PM
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New Project Investments <br /> Calendar Year 2023 2024 2025 2026 2027 2028 2029 2030 <br /> Land Acquisition <br /> Building Lease Payments <br /> Building Purchase Costs <br /> New Building Construction <br /> Existing Building Improvements $1.000.000 00 $440,000.00 <br /> New Machinery 8 Equipment <br /> Special Tooling/Retooling <br /> New Furniture/Fixtures <br /> New Computer/IT Hardware <br /> New Software <br /> f 1 <br /> On-site Rail Infrastructure <br /> On-site Fiber Infrastructure <br /> TOTAL $0.00 $0.00 $1.000.000 00 $440.000 00 $0.00 $0.00 $0.00 i $0.00 <br /> Full-Time Permanent Indiana-Resident Positions by Calendar Year <br /> Calendar Year Jobs retained Hourly Cumulative S of net NEW full time Hourly average wage,w/o ',Total training I Total S to be <br /> average permanent Jobs created at project benefits or bonuses,of expenditure- trained-not Ni <br /> wage,w/o <br /> benefits or cumulative net new jobs not cumulative <br /> bonuses cumulative <br /> 2024 0 $0 00 0 $0.00 <br /> 2025 4 I $25.00 <br /> 2026 8 $22.50 <br /> 2027 8 $23.00 <br /> 2028 8 $24.00 <br /> 2029 8 $24.00 <br /> 2030 8 $25.00 <br /> 12031 8 $25.00 <br /> I2032 8 $26.00 <br /> 2033 8 $26.00 <br /> 2034 8 S 26.00 <br /> 2035 8 S 26.00 <br /> Provide hourly wage information for new employees in the following positions. <br /> Full time Part time <br /> Laborers <br /> Technical $30,00 $30.00 <br /> Managerial $50.00 <br /> Administrative S 20.00 $ 15.00 <br /> Who will be the individual responsible for coordinating <br /> with WorkOne on recruiting? <br /> Does your company have an EEO hiring policy? Are you an EEO employer? <br /> Please list the number of full time and part time minority and/or female Please describe your commitment to <br /> employees for the following years: diversity and inclusion by detailing your <br /> outreach and recruitment efforts for the last <br /> Year 2025 2024 2023 three years as well as current policies. <br /> __ Full Time Part Time Full Time Part Time Full Time Part Time <br /> Black <br /> Penny Hill Properties <br /> Hispanic <br /> has always been 100% <br /> Asian <br /> female owned and <br /> Indian <br /> operated. <br /> Female 1 1 <br /> Other <br />
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