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Home My Public Portal About019-1994 - TAX ABATEMENT - ATLAS SENIOR APARTMENTS;BELDEN WIREORDINANCE NO. 19-1994 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 Atlas Senior Apartments L.P./Daniel P. Stamper New jobs: 0 jobs Retained: 0 Dated: February 28, 1994 MACHINERY Belden Wire & Cable New jobs: 0 Jobs Retained: 96 Dated: February 25, 1994 Belden Wire & Cable New jobs: 0 jobs Retained: 753 Dated: February 25, 1994 Imperial Products, Inc. New jobs: 0 jobs Retained: 85 Dated: February 25, 1994 Imperial Products, Inc. New jobs: 0 jobs Retained: 85 Dated: February 17, 1994 Romark Industries, Inc. New jobs: 0 jobs Retained: 48 Dated: February 23, 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 7th day of March, 1994, by the Common Council of the City of Richmond, Indiana. resident ATTEST PRESENTED to the Mayor of the City of Richmond, Indiana, this 8th day of March, 1994 9:00 a.m. 6 ",k_&- 0 A X'xh. City Cleric (Norma Carnes) APPROVED by me, Roger Cornett, Mayor of the City f Richmond, Indiana, this 8thday or March, 1994, at 9:05 a.m. ,Mayor Ro er Corr ATTEST : �`-'� (� , City Cleric Piorma Carnes) ORDINANCE NO. 19-1.994 A SPECIAL ORDINANCE AUTHORIZING THE APPROVAL OF STATEMENTS OF BENEFITS FOR PROPERTY OWNERS APPLYING FOR DEDUCTIONS UNDER I.C. 6-11-12.1 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 -fit: REAL ESTATE Atlas Senior Apartments L.P./Daniel P. Stamper New Jobs: 0 jobs Retained: 0 Dated: February 28, 1994 MACHINERY Belden Wire & Cable New Jobs: 0 jobs Retained: 96 Dated: February 25, 1994 Belden Wire & Cable New Jobs: 0 Jobs Retained: 753 Dated: February 25, 1994 Imperial Products, Inc. New jobs: 0 jobs Retained: 85 Dated: February 25, 1994 Imperial Products, Inc. New Jobs: 0 jobs Retained: 85 Dated: February 17, 1994 Romark Industries, Inc. New Jobs: 0 Jobs Retained: 48 Dated: February 23, 1994 And he it further ordained by --.aid 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. DISPOSITION OF ORDINANCE NO. �47 -149� RESOLUTION NO. -1199._._ by Common Council Ordinance No. Resolution No. _ Elstro Lundy Broakbank Donat McBride Parker Dickman Allen Hutton Date Susp. rules Ist read ✓ Title only ----------------- ----- -------_..._ t� seconded Proof of Publicaton ..__--_,_•____ Seconded Move to Znd read -- ---- -•-•-- ------ Seconded ---- -------- ------- ----- --- ✓ Engrossment _ _ ....... ...... ........ Seconded t i I i Susp rules 3rd rea l� .......... ..... i ....... Seconded •-----•- Passage Rejection Date Passed 2 COMMITTEE ASSIGN Committee Date Commttee Hearing Date Reassigned to Council Agenda PUBLICATION DATES: AMENDMENTS: COMMENTS: