HomeMy Public PortalAbout003-1994 - TAX ABATEMENT - DAVID L KARN;RICHMOND BAKING CO;RICHORDINANCE NO. 3-1994
A SPECIAL ORDINANCE AUTHORIZING THE APPROVAL OF STATEMENTS OF BENEFITS FOR
PROPERTY OWNERS APPLYING FOR DEDUCTIONS UNDER I.C. 6-1.1-12.1
WHEREAS Common Council adopted Resolutions No.10-1984 and No. 24-1989 designating seven
economic revitalization areas within the City of Richmond, and
WHEREAS I.C. 6-1.1-12.1 requires the Common Council as the designating entity to approve all
Statements of Benefits required to be filed by property owners applying for deductions in
assessed valuations for the installation of new manufacturing equipment or for the
redevelopment or rehabilitation of real property, and
WHEREAS an owner of real property located in an economic revitalization area is entitled to a 10
year deduction from the assessed value of that real property as determined by
Resolution No. 2-1987, and
WHEREAS an owner of new manufacturing equipment is entitled to a 5 year deduction from the
assessed value of that new manufacturing equipment as determined by Ordinance No.13-
1992,
NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, that the
following property owners meet the general standards specified by I.C. 6-1.1-12.1 3 and I.C. 6-1.1-12.1-
4.5, to -wit:
REAL ESTATE
David L. Kam
New Jobs: 8 Jobs Retained: 35
Dated: December 9,1993
Richmond Baking Company
New Jobs. 0 Jobs Retained: 86
Dated: December 14,1993
Richmond Casting Company
New Jobs: 0 Jobs Retained: 54
Dated: January 12,1994
Richmond Center, LLC
New jobs: 200 Jobs Retained: 25
Dated: December 10,1993
MACHINERY
Ahaus Tool and Engineering, Inc.
New Jobs: 3 jobs Retained: 78
Dated: January 11,1994
Amcast Industrial Corporation
New Jobs: 28 Jobs Retained: 72
Dated: December 9,1993
Cabinet Supply, Inc.
New jobs: 8 Jobs Retained: 35
Dated: December 9,1993
Richmond Baking Company
New Jobs: 0 Jobs Retained: 86
Dated: December 14,1993
Richmond Casting Company
New Jobs: 0 Jobs Retained: 54
Dated: January 12,1994
Richmond Center, LLC
New Jobs: 200 Jobs Retained: 25
Dated: December 10,1993
And be it further ordained by said Common Council that its President be authorized to sign the above
listed Statements of Benefits for the purpose of evidencing said Common Council's approval thereof.
Passed and adopted thisQpth day of January,1994, by the Common Council of the City of Richmond,
[ndiana.
_ President
(IarrPfker)
ATTEST._ _ ,City Clerk
(Norma Carnes)
PRESENTED to the Mayor of the City of Richmond, Indiana, this al day of January,1994, at 9:00
a.m.
`per _City Clerk
(Norma Carnes)
s�
APPROVED by me, Roger Cornett, Mayor of the City of Indiana, this ak day of January,
1994, at 9:05 a.m.
,Mayor
r Cornett)
ATTEST ,City Clerk
(Norma Carnes)
Ordinance No.
i=tesolution NO-
D a i e A"a L
ORDINANCE NO- � .199�
DOF ISPOSITION O1sg—
RESOLUTION NO -
by Common Council
Dickman Allan Hutton
Elstro Lundy
Brookbank Donat McBride Parker
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Proof of Publicaton
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COMMI'iTEE ASSI NmENTS:
Committee Data
Commitee Hearing Agenda
Reassigned to Council
PUBLICATION DATES:
AMENDMI=NTS:
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