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
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Seconded
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Seconded ✓
Passage ✓ ✓ '� "
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Rejection
Date Passed
COMMITTEE ASSIG ME TS:
Committee Date
Commttee Dearing Data
Reassigned to Council Agenda
PUBLICATION DATES:
AMENDMENTS:
COMMENTS.