HomeMy Public PortalAbout087-1993 - TAX ABATEMENT - MAC DEL IN;RICHMOND BAKING CO;MOSEYORDINANCE NO.87-1993
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
Mac Del, Inc
New Jobs: 2 Jobs Retained: 35
Dated: 9-13-93
Richmond Baking Company
New Jobs: 0 Jobs Retained: 86
Dated: 9-21-93
MACHINERY
Mosey Mfg. Co., Inc
New jobs: 27 Jobs Retained: 217
Dated: 8-26-93
Richmond Baking Company
New Jobs: 0 Jobs Retained: 86
Dated: 9-21-93
Stevens Wire Products, Inc.
New Jobs: 2 Jobs Retained: 47
Dated: 9-15-93
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 4th day of October,1993, by the Common Council of the City of Richmond,
Indiana.
_ _ � ,President
(Etta J. ndy}
ATTEST:( k D" ,City Clerk
(No Carnes)
PRESENTED to the Mayor of the City of Richmond, Indiana, this 5th day of October,1993, at 9:00 a.m.
Oal.M�
City Clerk
(Norma Carnes)
APPROVED by me, Roger Cornett, Mayor of the City of d, Indiana, this 5th day of October,
1993, at 9:05 a.m.
__—,Mayor
(Roger Cornet
ATTES U VV ,City Clerk
(Norma Carnes)
DISPOSITION OF ORDINANCE NO.
RESOLUTION NO.
by Common Council
Ordinance No. �-
Resolution No. _ Elstro Lundy Brookbank Donat McBride Parker Dickman Alien Hutton
Date 0 �-
Susp, rules lst read /
Title only t�
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Seconded
Engrossment
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Seconded
Susp rules 3rd tea
Seconded
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Passage
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Rejection
Date Passed
COMMITTEE ASS] 4ENTS.
Committee Date
Commttee Hearing Date
Reassigned to Council Agenda
PUBLICATION DATES:
AMENDMENTS:
COMMENTS: