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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 Susp. rules ist read -. - ---- - --.-------- Title only _ --- ---- --- - .. --- l� Proof of Publicaton Seconded Move to 2nd read ' _-_. . ...... .......... - -- -" Seconded ---- ......... Engrossment . _ ..... Seconded ......... Susp rules 3rd tea ..... ......- - . ................. Seconded 'r --------------- passage --OR- ------------- Rejection Date passed Z COMMI'iTEE ASSI NmENTS: Committee Data Commitee Hearing Agenda Reassigned to Council PUBLICATION DATES: AMENDMI=NTS: COMMENTS: ...... ......... ----- ..........