FINANCIAL_SERVICESAPPROVED

Mishawaka Common Council Meeting Minutes March 16 2026

Mishawaka OKs Tax Abatement for United Petfood Expansion

Real property: $11,000,000 expansion (estimated assessed value $7,700,000; estimated tax bill $267,000/year; approx. $770,000 abated, $500,000 paid over 5 years). Personal property: $19,000,000 equipment (estimated assessed value $13,300,000; estimated tax bill $444,000/year; approx. $1,300,000 abated, $900,000 paid over 5 years). Total plan investment over $30,000,000.City of MishawakaUNITED PETFOOD PRODUCERS USAMarch 16, 2026

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Description

The Mishawaka Common Council approved Resolution R2026-05 granting United Petfood Producers USA a five-year real and personal property tax abatement for more than $30 million in facility expansion and equipment upgrades at 1121 and 1025 West 11th Street. The incentives, structured as an Economic Revitalization Area designation with a four-year investment window, are expected to retain 105 jobs, create 31 new positions, and result in a 60/40 split between taxes abated and taxes paid over the abatement term.

Contract Details

Contract Amount

Vendor

UNITED PETFOOD PRODUCERS USA

Agency

City of Mishawaka, IN

Contract Type

FINANCIAL_SERVICES

Document Date

March 16, 2026

Contract Term

Five-year tax abatement period starting when full assessed valuation of new real property and personal property improvements is placed on the tax rolls, within a four-year Economic Revitalization Area window.

Renewal Info

Five-year phased abatement with a four-year Economic Revitalization Area window; if the company does not complete investments within four years, only improvements completed within that period qualify and later investments receive no abatement. Abatement expires automatically after the five-year phase-in following full assessment, with annual compliance reviews by the city.