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
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Seconded
Engrossment
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Seconded
Susp rules 3rd read
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Seconded
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Passage
V
v
v
t✓
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Rejection
Date Passed "T
COMMITTEE ASSIGN MENTS:
Committee Date
Commitee Hearing Date
Reassigned to Council Agenda
PUBLICATION. DATES:
AMENDMENTS:
COMMENTS: