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HomeMy Public PortalAbout025-1992 TAX ABATEMENT - TIMOTHY A AND DEBRA BECK;REAL ESTATE,MQRDINANCE NO, 25-1922 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 Timothy A. and Debra L. Beck Dated 4-23-92 Beck's Welding Supply, Inc. Dated 4-23-92 E.G. Hill Co., Inc. Dated 4-22-92 Holland Colors Americas, Inc. Dated 3-16-92 Lingle/Jaffe Investments Dated 4-23-92 Romark Industries, Inc. Dated 4-22-92 MACHINERY The Aluminum Company of America Dated 3-11-92 Alumax Door Products, Inc. d/b/a Johnson Metal. Products Dated 3-16-92 Bev's Threads, Etc., Inc. Dated 4-22-92 Cabinet Supply, Inc. Dated 4-22-92 Holland Colors Americas, Inc. Dated 3-16-92 Mid -Continent Paper Converters, Inc. Dated 4-24-92 Pittsburgh Tube Company Dated 4-23-92 Romark Industries, Inc. Dated 4-22-92 Stevens Wire Products Dated 4-21-92 Cinram, Inc. 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 4th day of May, 1992, by the Common Council of the City of Richmond, Indiana. ,President (How istro) ATTES City Clerk Norma Carnes) PRESENTED to the Mayor of the City of Richmond, Indiana, this 5th day of May, 1992, at 9:00 a.m. City Clerk (Norma Carnes) APPROVED by me, Roger Cornett, Mayor of the Ci c d, Indiana, this 5th day of May, 1992, at 9:05 a.m. Mayor r ornett) ATTEST . , City Clerk (Norma Carnes) Ordinance No., Resolution No. Date Z DISPOSITION OF ORDINANCE NO. Z-5- -199 ----'— RESOLUTION NO. -199— by Common Council Elstro I Lundy I Brockbank I Donat I McBride I Parker `Dickman I Allen I Hutton Susp. rules Ist read Title only / ------------------------- ------ --- Proof of Publicaton ---- --------- Seconded _ Move to 2nd read ✓ -------- i ---- --------- Seconded Engrossment _-.------ ------------------------- ---------------- ----- ------ Seconded Susp rules 3rd read ------ --------- Seconded Passage �— - -'rI___ --- -- ✓-�--- V ---- �- v --]-- -- --O R- -------- ---- -- Rejection Date Passed � COMMITTEE ASSIGN ENT Committee Date Commitee Hearing Date Reassigned to Council Agenda PUBLICATION DATES: AMENDMENTS: COMMENTS: