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Home My Public Portal About097-1994 - TAX ABATEMENT - ENVIRO FINISHING OF INDIANA INC;MOSEORDINANCE NO. 97-1994 A SPECIAL ORDINANCE AUTHORIZING THE APPROVAL OF STATEMENTS OF BENEFITS FOR PROPERTY OWNERS APPLYING FOR DEDUCTIONS UNDER I.C. 6-1.147-1 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:---- REAL ESTATE -10 YEARS NEW MANUFACTURING EQUIPMENT -10 YEARS Enviro Finishing of Indiana, Inc. New Jobs: 20 Jobs Retained: 0 Dated: Nov. 28,1994 Mosey Manufacturing Co., Inc. New Jobs: 0 Jobs Retained: 288 Dated: Nov.18,1994 Purina Mills, Inc. New Jobs: Unk. Jobs Retained: 45 Dated: Nov. 3,1994 Sanko Peterson Corporation New Jobs. 0 Jobs Retained: 7 Dated: Nov. 28,1994 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 Co n Council's approval thereof. fQ Passed and adopted thiiWt day of. December,19 4, by t Co on Counc o the City of Richmond, Indiana. resident j (Norma Carnes) � PRESENTED to the Mayor of the City of Ric ond, Indiana s 6th day of ember, 1994, at 9:00 a.m. a� City Clerk (Norma Carnes) q�- APPROVED by me, Roger Cornett, Mayor of the Q 1994, at 9:05 a.m. 4 ATTES : X;,-jCity (Norma Carnes) Cornett) -20 this Wday of December, yor DISPOSITION OF ORDINANCE NO. RESOLUTION NO. by Common Council Ordinance No.IV Resolution No. _ mate a' Elstro Lundy Brookban Donat McBri a Parke Allen Dickmar Hutton _ Susp. rules Ist read Title only ------------------------- :econded ------ -------- ---------- --- ---- ----- ---- -------- Proof of Publicaton Seconded - - Move to 2nd read ------------------ Seconded ------ ------ -------- ---------- ------ ------ ------ ------ ---------- Engrossment Seconded ✓ ------------------------ Susp rules 3rd read p/ Seconded ---- -------- Passage ------- Rejection --OR - ----- -------- --------- ------ I ------------------------------------ Date Passed "� - v COMMITTEE ASSIGNMENTS: Committee Date Commttee Hearing Date Reassigned to Council Agenda PUBLICATION DATES: AMENDMENTS: COMMENTS: