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HomeMy Public PortalAbout047-1994 - TAX ABATEMENT - AHAUS TOO &ENGINEERING INC;MARVEL INORDINANCE NO. 47-1994 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 has adopted Resolutions No. 10-1984 , No. 22-1988, and No. 24-1989 designating eight 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 or 10 year deduction from the assessed value of new manufacturing equipment placed in service after March 8, 1994, as determined by Ordinance No. 20-1994, NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, that the following property owners meet the requirements for property tax assessed valuation deductions as follows: NEW MANUFACTURING REAL ESTATE - 10 YEARS EQUIPMENT - 10 YEARS Ahaus Tool & Engineering, Inc. New Jobs: 5/yr Jobs Retained: 81 Dated. May 19, 1994 Alumax Door Products, Inc. d/b/a Johnson Metal Products New Jobs: 3 Jobs Retained: 159 Dated: May 16, 1994 Aluminum Company of America New Jobs: 0 Jobs Retained: 340 Dated: May 25, 1994 Carlos Casket Shell, Inc. New Jobs: 5 jobs Retained: 130 Dated: May 16, 1994 Dana Corporation -Richmond Machining Plant New Jobs: 0 Jobs Retained. 17 Dated: May 2, 1994 Gold Star Coatings Richmond, Inc. New Jobs: 4 Jobs Retained: 29 Dated: May 11, 1994 Marvel Industries New Jobs: 8 Jobs Retained: 61 Dated: June 1,1994 Sanko Peterson Corporation New Jobs: 2 Jobs Retained: 7 Dated: May 26, 1994 Purina Mills, Inc. New Jobs: 0 Jobs Retained: 45 Dated: May 9, 1994 Richmond Baking Company New Jobs: 0 Jobs Retained: 86 Dated: April 28, 1994 Richmond Baking Company New Jobs: 0 Jobs Retained: 86 Dated: May 11,1994 Richmond Baking Company New Jobs: 0 Jobs Retained: 86 Dated: May 11, 1994 Sanko Peterson Corporation New Jobs: 2 Jobs Retained: 7 Dated: May 26,1994 huller--later-ratio I In . New Jobs: 24 Jobs Retained: 95 Dated: May 27,1994 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 sai�qqjmon Council's approval thereof. Passed and adopted this 6th day of June, 1994, by the Co o Council of the City of Richmond, Indiana. resident (La Parke ATTES U.,( _ __,City Clerk (Norma Carnes) PRESENTED to the Mayor of the City of Rich , Indiana, t is th day of une, 1994, at 9:00 a.m. _-- — _-- __-- -,City Clerk (Norma Carnes) APPROVED by me, Roger Cornett, Mayor of the at 9:05 a.m. ATTES • _ VS ____ _ _ _,City (Norma Carnes) Clerk 7th day of June, 1994, Mayor DISPOSITION OF ORDINANCE NO. �� S 9; 4- RF-SOLU71ON NO. by Common Council Ordinance No.1— Resolution No. Eistro Lundy Brookbank Donat McBride Paritar fai[:ri�cr� 1,11c=rr liiritrt� Susp. rules Ist read Title only _._✓ ----- ................ .... Proof of Pubiicaton ................. ..... ---- ........ .... Seconded --- - Move to 2nd read ...... .R . o-,. ................................ . -. /. Seconded Engrossment------ -_-- ------ ........... ................................ Seconded - Susp rules 3rd rsa a� m ........................................... -----•--•---..._-- Seconded ✓ Passage ✓ ✓ '� " ------ --0R......... ................... ------ .o... ._�..<.. ..._ .., . Rejection Date Passed COMMITTEE ASSIG ME TS: Committee Date Commttee Dearing Data Reassigned to Council Agenda PUBLICATION DATES: AMENDMENTS: COMMENTS.