HomeMy Public PortalAbout014-1994 - TAX ABATEMENT - RONALD E SUZETTE G HILL;RICHMOND BAKORDINANCE NO. 14-1994
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
Ronald E. & Suzette G. Hill
New Jobs: 3 Jobs Retained
Dated: February 1, 1994
Richmond Baking Company
New jobs: 0 Jobs Retained:
Dated: January 28, 1994
MACHINERY
Cinram, Inc.
New Jobs: 0 Jobs Retained: 402
Dated: January 11, 1994
Richmond Baking Company
86 New jobs: 0 Jobs Retained: 86
Dated: January28, 1994
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 this 22nd day of February, 1994, by the
Indiana.
(Larry
ATTEST:_ _.10�___,City Clerk
Norma Carnes}
of the City of Richmond,
resident
PRESENTED to the Mayor of the City of Richmond, Indiana, this 23rd day of February, 1994, at 9:00
a.m.
W _,City 'Cleric
(Norma Carnes)
APPROVED by me, Roger Cornett, Mayor of the City of Bighmonud, Indiana, this 23rd day of February,
1994, at 9:05 a.m.
Mayor
ger ornett)
ATTEST: _ _ _______,City Clerk
( orma Carnes)
DISPOSITION OF ORDINANCE NO. � -MA
RESOLUTION NO. 7199 -
by Common Council
Ordinance No. ti
Resolution No. , Elstro Lundy Brockbank Donat McBride Parker Dickman Allen Hutton
Date
Susp. rules Ist read /
Title only f�
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Seconded
Proof of Publicaton
Seconded
Mopeto 2nd
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Seconded
Engrossment
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Seconded ✓
Susp rules 3rd read >/
Seconded ,/
Passage ✓ ✓ ✓ ✓
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Rejection
Date Passed
COMMrrrEE ASSI NMEN S:
Committee Date
Commites Hearing Date
Reassigned to Council Agenda
PUBLICATION DATES:
AMENDMENTS.
COMMENTS: