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19 Abatement of Taxes
City-of-Paris
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11 November
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2008-11-24
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19 Abatement of Taxes
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Last modified
8/23/2012 9:42:14 AM
Creation date
11/24/2008 8:13:57 AM
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Template:
AGENDA
Item Number
19
AGENDA - Type
MISCELLANEOUS
Description
Tax Abatement agreement with Campbell Soup
AGENDA - Date
11/24/2008
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9 <br />10 <br />12. <br />13 <br />CURRENT PAYROLL (in City of Paris): $ 15.3 million <br />NUMBER OF NEW JOBS PROPOSED: fifty-seven (57) <br />LIST THE TYPE AND NUMBER OF NEW JOBS TO BE CREATED AND THE PROJECTED <br />SALARY FOR EACH JOB: <br />Production Operators - 46 people @ $17.05/hour <br />Maintenance Personnel - 6 people g $22 87/hour <br />Other Personnel - 5 people (a~ $13.00/hour <br />PLEASE PROVIDE INFORMATION PERTAINING TO THE TRANSFER OF JOBS. RELATED <br />TO THE IMPROVEMENTS OR EXPANSION: <br />Not Applicable <br />TOTAL IMPACT ON PAYROLL FROM NEW JOBS: <br />Approximatelv $2.0 Annually - <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 />A. REAL PROPERTY: $14,159,690 <br />B. TANGIBLE PERSONAL PROPERTY $116,263,770 <br />15. GNE A DETAILED DESCRIPTION OF THE PROPOSED IMPROVEMENTS OR EXPANSION <br />(ATTACH ADDITIONAL SHEETS, IF NECESSARY): <br />Juice Manufacturin Line - includes ca abilit far 12 16,46 and 64 oz PET bottles for V8 Tomato <br />V-Fusion and S lash 'uice varieties. Re uired e ui ment includes Pre aration Processes Product <br />Blendin Process Juice Filling Process and Labeling and Case Packing Process. 16. THE ESTIMATED DATE OF COMPLETION OF THE IMPROVEMENTS: <br />Ju1y 2009 <br />17. THE ESTIMATED DATE OF OPERATION OF THE IMPROVEMENTS OR EXPANSION: <br />August 2009 <br />18. ESTIMATES OF AMOUNTS TO BE INVESTED: <br />A. PURCHASE OF LANDBUILDING: $ none <br />B. NEW BUILDING CONSTRUCTION: $ none <br />. OU015~ <br />
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