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HomeMy WebLinkAbout1992-R-08 RESOLUTION NO.9~ RESOLUTION AUTHORIZING THE SUBMISSION OF AN APPLICATION TO THE INDIANA DEPARTMENT OF COMMERCE FOR INDUSTRIAL DEVELOPMENT INFRASTRUCTURE PROJECT (IDIP) FUNDING WHEREAS, the city of jeffersonville, Indiana is desirous of promoting industrial development and expansion and the creation of new permanent jobs within the city; WHEREAS, Environmental Equipment Services is committed to jeffersonville, creation of relocating to the Port Authority, Indiana. Said relocation will result in the approximatlely twenty (20) new permanent employment opportunities approximately $503,000 in neXt two (2) years; WHEREAS, Overland for Indiana residents and capital improvements within the Transportation is committed 'to relocating to the Port AuthoritY, jeffersonville, Indiana. said relocation will resu%t in the creation of approximately fifty-five (55) new permanent employment Opportunities for Indiana residents and approximately $500,00 improvements within two (2) years; WHEREAS, an initial infrastructure funds has been Department submit an in capital commitment for public received from the Indiana of Commerce, and the city has been invited to application .requesting $259,565.00 in funding assistance; WHEREAS, the proposed project is consistent with the city's policy of promoting development and expansion and with the city's overall developme~t scheme; THEREFORE, LET IT BE RESOLVED, this ~ day of ~ ., 1992, by the Common Council of the City of Jeffersonville, that the Department of Redevelopment of the city of Jeffersonville is hereby authorized to prepare and package an application to the Indiana Department of Commerce with regard to this project. The application request shall total $259,565.00, exclusive of costs associated with environmental review and project administration for the purpose of necessary public infrastructure improvements to accommodate the new Environmental Equipment and Overland Transportation; LET IT FURTHER ~E RESOLVED, by the Co~on Council that the Mayor of the city of jeffersonville, is authorized to execute all documents necessary for the submission of the application and grant agreement. Passed and adopted this ~ day of ~ ., 1992, by the Co~on Council of the city of jeffersonville, Clark county, Indiana. ~ ~R~ WI LL!QkM~ PR~IDENT, CO~ON CO~CIL ATTEST: C. R~CHARD SPEWER, J~. CLERK-TREASURER Presented by me as Clerk-Treasurer to the Mayor of of Jeffersonville, Indiana, this ~-- day of the city 1992. Approved and ~ ,1992. signed by me this ~ day of MAYOR RESOCC2.92 INDIANA PORT COMMISSION CLARK MARITIME CENTRE V__OS~ ~TEEL ACRES ............. EMPLOYEE .......... INVESTMENT ........ 20 50, after first year 100. $15-20 mm. Pickling, slitting, stamping, steel for the automotive and In business over thirty years~ business in Taylor, MI. Preliminary meeting has been held with PSI Energy, Co., and IDEM representatives of the Air Division, and Solid Waste Division. Meeting with Mr. Michael Voss, President, and Mr. Vice President. and storage of hot rolled coiled steel distribution industries. this is an expansion of on-going Indiana Gas Water Division, Ron Pepp, START OPERATION ~ AUGUST, 1992 OVERLAND TRANSPORTATION ACRES ............. EMPLOYEE .......... INVESTMENT ........ 5.5 25 to 75 Direct, $11.5mm 60 Indirect · TL carrier with seventeen facilities in seven Overland zs a. LT~/ ...... ximately 1,497,864 tons of fr~zgh~ states. Over£an ...~ .... ~ ond a~roximately 1,554,900 into the Clark Maritime ~enLr~ ~ ..... ~ tons outbound. No maintenance facility on Site. START OPERATION - JULY, 1992 ENVIRONMENTAL ~ S_ERVIC~ CORP. 5 Acres with 5 Acre Option ACRES ............. EMPLOYEE .......... 40 INVESTMENT ........ $2mm New division of Environmental Element Corp. of Baltimore, MD. Net sales for 1991 are list!ed in their annual report to be $94,727,000 with income after taxes of $5,610,000. Environmental Elements Corp. is a leading supplier of air pollution control systems and has been in business for forty-five an designs and supplies large scale, custom years. The co~p Y~ ~ ~V~ms which enable its customers.to engineered equlpmenL anu ~ .... ' comply with regulations limiting particulate and gaseous emissions and beginning continuous mdnitoring of such emissions. Environmental Equipment Service Corp. produces parts for the above systems. They are currently in operation in New Albany, IN and require room for expansion. START OPERATION - JULY, 1992