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RESOLUTION NO. <br />A RESOLUTION WAIVING THE REQUIRED FILING DATE OF MAY 15, 2013 <br />AND ACCEPTANCE OF THE DEDUCTION APPLICATION OF THE LATE <br />FILING OF DEDUCTION APPLICATION FOR THE NEW REAL PROPERTY <br />ADDITION LOCATED IN AN ECONOMIC REVITALIZATION AREA FILED <br />UNDER RESOLUTION 4077 -11 FOR MCCORMICK AND COMPANY, INC. <br />LOCATED AT 3425 W. LATHRUP DRIVE <br />Whereas, The State of Indiana, County of St. Joseph, Adopted by the Common Council <br />of the City of South Bend, Indiana commonly known as 3425 W. Lathrup Drive, South <br />Bend, Indiana had adopted RESOLUTION 4077 -11, pursuant to Indiana Code 6 -1.1- <br />12.1 to be an economic revitalization area for purposes of an eight (8) year real tax <br />abatement for McCormick and Company, Inc. <br />Whereas, Resolution 4077 -11 was presented and adopted by the Common Council on <br />January 24, 2011. <br />Whereas, Ms. Deidre Cassidy, Director of State and Local Tax for McCormick and <br />Company, Inc. states that the Application for Deduction from Assessed Valuation for <br />New Manufacturing Equipment in Economic Revitalization area ( Form 322) was never <br />received by McCormick and Company, Inc. <br />Whereas, the Auditor's Office states that it has never received the required Form 322 <br />Whereas, the tax bill which was to have been 100% abated results in a tax being due of $. <br />Now, therefore be it resolved by the Common Council of the City of South Bend, Indiana <br />as follows: <br />SECTION 1. The petitioner has presented testimonial evidence of the following facts in <br />support of this resolution: <br />A. The Department of Community Investment Department cannot find the required Form <br />322 in the department files. <br />B. The stated property cannot afford this large tax bill at the present time. The 2012 taxes <br />payable 2013 would be $44,844.34 with the abatement and $117,742.72 without the <br />abatement. <br />C. McCormick and Company, Inc. has met or exceeded all financial goals stated in their <br />original petition for a tax abatement. The initial cost of the project was estimated to be <br />$5,894,948 and the actual cost was $7,721,643. The company committed to creating <br />