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HomeMy Public PortalAbout024-1993 - TAX ABATEMENT - AHAUS TOOL & ENGINEERING;BELDEN;COOPORDINANCE NO.24-1993 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 F.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 MACHINERY Ahaus Tool & Engineering, Inc. New Jobs:1 Jobs Retained: 74 Dated 12-10-92 Belden - Cooper Industries Jobs Retained: 723 Dated 8-13-92 Cooper Industries -Belden Division Jobs Retained: 686 Dated 2-12-93 Cooper Industries -Belden Division New Jobs: 80 Dated 2-12-93 Cooper Industries -Belden Division Jobs Retained:107 Dated 2-12-93 Elder Davis, Inc. New Jobs: 20 Jobs Retained: 60 Dated 5-1-92 REAL ESTATE Elder Family Partners, LP New Jobs: 25 Jobs Retained: 250 Dated 5-1-92 Elder Family Partners, LP New Jobs: 5 Jobs Retained: 50 Dated 5-1-92 Richmond Baking Co., Inc. New Jobs:1 Jobs Retained: 100 Dated 6-30-92 Richmond Baking Co., Inc. New Jobs:1 Jobs Retained: 100 Dated 7-27-92 Richmond Baiting Co., Inc. New Jobs:1 Jobs Retained: 86 Dated 3-2-93 MACHINERY Hoffco, Inc. New Jobs: 2 Dated 5-12-92 Mosey Mfg. Co., Inc. New Jobs: 3 Jobs Retained:193 Dated 8-27-92 Mosey Mfg. Co., Inc. New Jobs:14 Jobs Retained: 233 Dated 1-28-93 Nixon Tool Company, Inc. New Jobs: 0 Jobs Retained: 25 Dated 9-18-92 Nixon Tool Company, Inc. New Jobs:1 Jobs Retained: 24 Dated 11-13-92 Paust, Inc. New Jobs:12 Jobs Retained:13 Dated 5-29-92 Product Components, Inc. New Jobs: 7 Jobs Retained:140 Dated 3-22-93 Product Components, Inc. New Jobs: 7 Jobs Retained:140 Dated 3-22-93 Richmond Baking Co., Inc. New Jobs:1 Jobs Retained: 100 Dated 6-30-92 Richmond Baking Co., Inc. New Jobs:1 Jobs Retained: 100 Dated 7-27-92 Richmond Baking Co., Inc. New Jobs: I Jobs Retained: 86 Dated 3-2-93 REAL ESTATE Richmond Baking Co., Inc. New Jobs: 2 Jobs Retained: 86 Dated 3-2-93 Richmond Baking Co., Inc. New Jobs: I Jobs Retained: 86 Dated 3-3-93 Richmond Baking Co., Inc. New Jobs:1 Jobs Retained: 86 Dated 3-4-93 Gary Van Middlesworth New Jobs: 7 Jobs Retained: 6 Dated 3-16-93 MACHINERY Richmond Baking Co., Inc. New jobs: 2 Jobs Retained: 86 Dated 3-2-93 Richmond Baking Co., Inc. New Jobs:1 Jobs Retained: 86 Dated 3-3-93 Richmond Baking Co., Inc. New Jobs:1 Jobs Retained: 86 Dated 3-4-93 Gary Van MiddIesworth New Jobs: 7 Jobs Retained: 6 Dated: 9-9-92 Sanyo Laser Products Inc. New Jobs: 8 Jobs Retained:135 Dated: 6-15-92 Vandor Corporation New Jobs: 5 Jobs Retained: 50 Dated 5-1-92 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 5th day of April 1993, by the Common Council of the City of Richmond, Indiana. (Etta J. ndy) City Clerk {Norma Carnes) PRESENTED to the Mayor of the City of Richmond, Indiana, ' 6th day of Apr' , 993, at 9:Q a.m. }} 'tyClerk (Norma Carnes) APPROVED by me, Roger Cornett, Mayor of the City of Richmond, I oiapa this 6th day of April, 1993, at 9:05 a.m. { g r Cornett) A= Clerk (Norma Carnes) DISPOSITION OF ORDINANCE NO. A� -199 8 RESOLUTION NO. -199 by Common Council Ordinance No,?-4 Resolution No. _,,_ Eistro Lundy Brookbank Donat McBride Parker Dickman Allen Hutton Date S Susp. rules Ist read Title only Seconded Proof of Publicaton Seconded Move to 2nd read ------------------ ------ ------ -- -------- ----- -------- ------ ............... ......... Seconded Engrossment t/ Seconded Susp rules 3rd read ......................... Seconded ------ ................ -------- ...................... --------- Passage V v v t✓ �~ Rejection Date Passed "T COMMITTEE ASSIGN MENTS: Committee Date Commitee Hearing Date Reassigned to Council Agenda PUBLICATION. DATES: AMENDMENTS: COMMENTS: