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2006-049-RES- Tax Abatement Campbell Soup
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2006-049-RES- Tax Abatement Campbell Soup
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Last modified
1/29/2013 2:20:05 PM
Creation date
4/3/2006 10:25:14 AM
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CITY CLERK
Doc Name
2006
Doc Type
Resolution
CITY CLERK - Date
3/27/2006
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<br />9. CURRENT PAYROLL (in City of Paris): <br /> <br />$ 14.5 million <br /> <br />10. NUMBER OF NEW JOBS PROPOSED: <br /> <br />28 <br /> <br />11. LIST THE TYPE AND NUMBER OF NEW JOBS TO BE CREATED AND THE PROJECTED <br />SALARY FOR EACH JOB: <br /> <br />Production Worker - 25 people fa) $15.88 per hour <br /> <br />Maintenance Worker - 3 people fa) $20.35 per hour <br /> <br />12. PLEASE PROVIDE INFORMATION PERT AINING TO THE TRANSFER OF JOBS RELATED <br />TO THE IMPROVEMENTS OR EXPANSION: <br /> <br />N/A <br /> <br />13. TOT AL IMP ACT ON PAYROLL FROM NEW JOBS: <br /> <br />$ 1 million annually <br /> <br />14. PRE-PROJECT MARKET VALUES, AS DETERMINED FOR LOCAL PROPERTY TAXATION, <br />OF THE EXISTING FACILITY, SITE, TANGIBLE PERSONAL PROPERTY, AND <br />INVENTORY: <br /> <br />A. <br /> <br />REAL PROPERTY: <br /> <br />$ 12,225.460 <br /> <br />B. <br /> <br />TANGIBLE PERSONAL PROPERTY <br /> <br />$ 82,921,490 <br /> <br />15. GIVE A DETAILED DESCRIPTION OF THE PROPOSED IMPROVEMENTS OR EXPANSION <br />(A TT ACH ADDITIONAL SHEETS, IF NECESSARY): <br /> <br />Campbell Soup Supply Company has utilized Cold Blend technology to produce many of its <br />higher garnish and readv-to-eat soups. The proposed project will provide the needed facility <br />improvements to allow the Paris plant to manufacture products that require Cold Blend <br />technology. This project will require engineering and design work, procurement of equipment, <br />infrastructure and utilities modifications, and electrical and mechanical installation. <br /> <br />16. THE ESTIMATED DATE OF COMPLETION OF THE IMPROVEMENTS: <br /> <br />Februarv 2007 <br /> <br />17. THE ESTIMATED DATE OF OPERATION OF THE IMPROVEMENTS OR EXPANSION: <br /> <br />March 2007 <br /> <br />18. ESTIMATES OF AMOUNTS TO BE INVESTED: <br />
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