HomeMy Public PortalAbout041-1993 - TAX ABATEMENT - AHAUS TOOL & ENGINEERING;ASAHI TEC AORDINANCE NO.41-1993
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 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 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
Ahaus Tool & Engineering Inc.
New Jobs: 1 Jobs Retained: 75
Dated: 5-20-93
Asahi Tec America Corp.
New Jobs: 8
Dated: 5-19-93
MACHINERY
Asahi Tec America Corp.
New Jobs: 8
Dated: 5-19-93
Benchmark Graphics, Inc.
New Jobs:1 Jobs Retained: 32
Dated: 5-19-93
C.K. Lair Co., Inc.
New Jobs: 2 Jabs Retained: 3
Dated: 5-24-93
Cabinet Supply, Inc.
Jobs Retained: 39
Dated: 5-17-93
Carlos Casket Shell, Inc.
New Jobs: 4 Jobs Retained:131
Date: 5-14-93
REAL ESTATE
Claude T. Cason, Jr.
New jobs: 7 jobs Retained:140
Dated: 5-19-93
FRR Development Corporation
New Jobs:13
Dated: 5-7-93
First Richmond Realtors Deve. Corp.
New Jobs: 2 jobs retained: 20
Dated: 5-5-93
Imperial Products
jobs Retained: 85
Dated: 5-13-93
Imperial Products
jobs Retained: 85
Dated: 5-17-93
MacDel, Inc.
New jogs: 2 jobs Retained: 35
Dated: 5-28-93
First Richmond Realtors Deve. Corp.
New Jobs: 2 Jobs Retained: 20
Dated: 5-5-93
Imperial Products
Jobs Retained: 85
Dated: 5-13-93
Mid -Continent Papers Converters, Inc.
Jobs Retained: 75
Dated: 5-24-93
Primex Plastics Corporation
New Jobs:135 jobs Retained: 202
Dated: 5-24-93
Purina Mills, Inc.
Jobs Retained: 54
Dated: 5-21-93
Sanyo Laser Products, Inc.
New jobs:15 Jobs Retained:139
Dated: 5-24-93
Transilwrap Company, Inc.
New Jobs:12 Jobs Retained:135
Dated: 5-24-93
REAL ESTATE
Claude T. Cason, Jr.
New Jobs: 7 Jobs Retained.,140
Dated: 5-19-93
FRR Development Corporation
New Jobs:13
Dated: 5-7-93
First Richmond Realtors Deve. Corp.
New Jobs: 2 Jobs retained: 20
Dated: 5-5-93
Imperial Products
Jobs Retained: 85
Dated: 5-13-93
Imperial Products
Jobs Retained: 85
Dated: 5-17-93
MacDel, Inc. _
New Jobs: 2 Jobs Retained: I.,/
Dated: 5-28-93
MACHINERY
First Richmond Realtors Deve. Corp.
New Jobs: 2 Jobs Retained: 20
Dated: 5-5-93
Imperial Products
Jobs Retained: 85
Dated: 5-13-93
Mid -Continent Papers Converters, Inc.
Jobs Retained: 75
Dated: 5-24-93
Primex Plastics Corporation
New Jobs: 135 Jobs Retained: 202
Dated: 5-24-93
Purina Mills, Inc.
Jobs Retained: 54
Dated: 5-21-93
Sanyo Laser Products, Inc.
New Jobs:15 Jobs Retained:139
Dated: 5-24-93
Transilwrap Company, Inc.
New Jobs:12 Jobs Retained:135
Dated: 5-24-93
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 7th day of June, 1993, by the Common Council of the City of Richmond,
Indiana.
,President
(Etta J undy)
ATTEST(_— ___,City Clerk
(No Carnes)
PRESENTED to the Mayor of the City of Richmond, Indiana, this 8th day of June, 1993, at 9:00 a.m.
�ity Clerk
(Norma Carnes?
APPROVED by me, Roger Cornett, Mayor of the City of Ric Rond iana, this 8th day of June, 1993,
at 9:05 a.m.
------ -- --,Mayor
(b r Cornett?
ATTEST( )�,City Clerk
(Norma Carnes)