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Home My Public Portal About033-1995 - TAX ABATEMENT - MAD-DEL INC;MILSO CORP;QUALITY TOOLORDINANCE NO. 33-1995 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 has designated 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 deductions per Statute for a ten year period from the assessed value, and WHEREAS an owner of new manufacturing equipment is entitled to deductions per Statute for a 5 year or 10 year period from the assessed value of new manufacturing equipment, 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 Mac -Del, Inc. New Jobs: 2-3 Jobs Retained: 30 Dated: May 17, 1995 Milso Corp. New Jobs: 70 Jobs Retained: Dated: May 29, 1995 Quality Tool & Gage, Inc. New Jobs: 0 Jobs Retained: 35 Dated: May 23, 1995 Thomas R. Raper New Jobs: 10 Jobs Retained: 33 Dated: May 20, 1995 Sanyo -Verbatim CD Company, L.L.C. New Jobs: 25 Jobs Retained: 173 Dated: May 30, 1995 NEW MANUFACTURING E0110 NT- 10 YEARS Carlos Casket Shell, Inc. New Jobs: 5 Jobs Retained: 130 Dated: May 15, 1995 Mid -Continent Paper Converters, Inc. New Jobs: 50 Jobs Retained: 93 Dated: May 12, 1995 Milso Corp. New Jobs: 70 Jobs Retained: Dated: May 29, 1995 Quality Tool & Gage, Inc. New Jobs: 0 Jobs Retained: 35 Dated: May 23, 1995 Thomas R. Raper New Jobs: 10 Jobs Retained: 33 Dated: May 20, 1995 Sanyo -Verbatim CD Company, L.L.C. New Jobs: 25 Jobs Retained: 173 Dated: May 30, 1995 NEW MANUFACTURING EQUIPMENT - 5 YEARS CMJ Corporation New Jobs: 0 Jobs Retained: 12 Dated: May 11, 1995 Anal be it further ordained by said Common Council that its President be authorized to sign the above Statements of .Benefits for the purpose of evidencing said Common Council's approval thereof. Passed and adopted this 5th day of June, 1995, by the Common Coun ' of City of Richmond, Indiana. 1;President (Sarah L. Hutton) ATTEST ,City Clerk (Norma Carnes) PRESENTED to the Mayor of the City of Richm nd, Indiana 's bth day June, 1995, at 9:00 a.m. ,City Clerk (Norma Carnes) APPROVED by me, Roger Cornett, Mayor of the City a, this bth day of June, 1995, at 9:05 a.m. o d, In ian ,Mayor (Ro r Cornett) ATTEST. Y ,Cit Clerk orma Carnes) DISPOSITION OF ORDINANCE NO. RESOLUTION NO. by Common Council Ordinance No. ?6 Resolution No. Elstro Lundy Brookban Donat McBric a Parke Allen Dickmar Hutton Date - 1' Susp. rules Ist read Title only c Seonded ---- ---- -------- Proof of Publicaton Seconded ---- --------- Move to 2nd read ------------------ Seconded ------ ------ -------- f ---------- ------ ------ ------ ------ ---------- Engrossment ------------------ seconded ------ ------ -------- ---------- ------ ------ ------ ------ ---------- Susp rules 3rd read ------------------ Seconded ------ ------ -------- ---------- ------ ------ ------ ------ ---------- Passage ------ --O R - ----- -------- ---------- ----- ------ ---------------------------- Rejection Date Passed � - S V c COMMITTEE ASSIGNMENTS: Committee Date Commitee Hearing Date Reassigned to Council Agenda PUBLICATION DATES: AMENDMENTS: COMMENTS: