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Res 2009-104
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Res 2009-104
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Last modified
10/21/2009 10:57:40 AM
Creation date
8/21/2009 9:03:46 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2009-104
Date
8/18/2009
Volume Book
182
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PROJECT: Copsaiidation and-Expansipn of the c4tnpany's vario#ts manpfa.Qtuin ppef4opns into the existing San Marcos Texas facility <br />ITax Year 1 2008 I 2009 1 Current Rendering { <br />Pre-Project Real Property Values (TBW): $ 1,581,540 $ 1,581,540 <br />Pre-Project Personal Property Values (TBW): $ 3,258,540 $ 3,258,540 <br />Pre-Project Personal Property Values (Ameddrives): <br /> $ 4,a40,080 $ 4,840,080 <br />Sup Projec '#l: Consofitlation of Mt Pleasant, ui t and eq pmeri prod uction Into t <br />o San Marcos Facility <br />ProposO, SW Date: June, 20,Q9 <br />Tax Year Time of Transfer Initial Rendering Current Renderln <br />Sub Project #1 Real Property: $ <br />Sub Project #1 Personal Property (TBW): $ 700,000 <br /> $ 700,000 <br />Sub-Total Employees 0 0 Net Jobs % residing in SM % in Hays/Caldwell Counties <br />0 25% 50% <br />Sub Project #2: Cottsoltdation of TIM equipmeM slid pioluctton into San Marcos FacilIdy <br />eplpposed Start Date, PKeMW, 20,09 <br />Tax Year Time of Transfer Initial Renderin Current Rend- In <br />Sub Project #2 Real Property: $ - $ <br />Sub Project #2 Personal Property (TBA): $ 1,381,803 $ 1,381,803 <br />$ 1,381,803 $ 1,381,803 <br />Meets Job Resident oT <br />Employees: Hire/Transfer Date of hire/transfer Date of Termination <br />1 1 Qualification San Marcos Y/N Count <br />Sub-Total Employees 0 0 Net Jobs % residing in SM % in Hays/Caldwell Counties <br />0 25% 50% <br />Sub Protect#3: Expand Sari i ilkvoa Facility <br />Nppoi'e4Stahl n ,its; Jane, 20*9 , <br />Tax Year 2008 2009 <br />Sub-Total Real Property: $ $ 291,000 <br />Sub-Total Personal Property; <br />Sub Total - Other Expenses $ $ <br />Total Investment $ $ 291,000 <br />uIb Pipfect#4: c6ns6ifdation of TBA equipment and production into San Marcos FacAy <br />FtQppf ed SLtR t3;tA: TBA <br />Tax Year Tlme of Transfer Initial Rendering Current Renderin <br />Sub Project #2 Real Property: <br />Sub Project #2 Personal Property: <br />Meets Job Resident of <br />Em to ees: Hire/Transfer Date of hire/transfer Date of Termination Qualification San Marcos Y/N County I <br />Sub-Total Employees 0 0 Net Jabs % residing in SM % in Hays/Caldwell Counties <br />0 25% 50% <br />A?nuai om . °';?ce Certifies sail <br />Tax Year xxxx Time of Transfer Initial Rendering Current Rendering Net Jobs % residin in SM % I. Hay./Caldwell Counties <br />Estimated Total Personal Property Subject to Rebate, <br />Actual value may vary based on the actual appraisal <br />vs the current rendered value. 25% 50% <br />The undersigned hereby certifies that as of the date below the information provided herein is true and correct and that Developer is in compliance with the terms and conditions of that <br />certain Chapter 380 economic Development Agreement with the City of San Marcos dated July , 2009. <br />Signature Name Title Date <br />ALTRA Industrial Motion, Inc <br />Confidential information Exhibit E-JM 06-26-09 <br />8/7/2009
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