HomeMy Public PortalAbout15-2017 - PHOENIX CLOSURES TAX ABATEMENTS �
RESOLUTION NO. 2017 - 15
� COMMON COUNCIL OF THE CITY OF GREENCASTLE
A RESOLUTION AFFIRMING
PHOENIX CLOSURES, INC., AND CUATRO, LLC,
OF COMPLIANCE WITH STATEMENTS OF BENEFITS
WHEREAS,Phoenix Closures,Inc., and Cuatro,LLC have heretofore been granted certain
tax abatements in consideration of certain benefits for the City of Greencastle; and,
WHEREAS, said company has submitted the following forms as of May 15, 2017:
CF-1/PP for tax abatement on equipment granted in 2011, and,
CF-1/RE for tax abatement on a facility investment granted in 201 l.
WHEREAS, the Common Council has reviewed the CF-1 forms, copies of which are
attached hereto, and has found compliance with previously approved Statements of Benefits.
NOW THEREFORE BE IT RESOLVED that the Common Council of the City of
Greencastle, Putnam County, Indiana, approves the CF-1 forms as submitted as being in
compliance with the Statements of Benefits previously filed by Phoenix Closures, Inc. and Cuatro,
LLC.
BE IT FURTHER RESOLVED that this Resolution be made a record and filed along with
the CF-1 forms with the Putnam County Auditor.
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PASSED by the Common Council of the City of Greencastle at its regular meeting this
13th day of July, 2017.
CO MON COUNCIL OF THE CITY OF G ENCA�TLE, INDIANA
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Ada en Steve Fi s
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Mark . Hamme cie Langd
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ary emon av d C. Murray 'f -
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Approved and signed by me this 13th day of July, 2017 '.5'7• . . o'cloc
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ATTEST: William A. Dory, Jr., Mayor
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Ly a R. Dunbar, Clerk-Treasurer
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� ' ���� COMPLIANCE WITH STATEMENT OF BENEFITS � :" FORM`CF-1 !PP `:;�
�; „ � PERSONAL PROPERTY PRIVACY NOTICE
� � State Form 51765(R4/11-16) This form contains information
.
� � � .�' Prescribed by the Department of Local Government Finance confidential pursuant to
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IC 6-1.1-35-9 and IC 6-1.1-12.1-5.6.
INSTRUCTIONS: 1. Property owners whose Statement of Benefits was approved must�le this form with the local Designating Body to show the extent
to which there has been compliance with the Stafement of Benefits. (!C 6-1.1-12.1-5.6)
2. This form must be filed with the Form 103-ERA Schedule of Deduction from Assessed Value between January 1 and May 15 of each
year,unless a filing extension under IC 6-1.1-3.7 has been granted. A person who obtains a filing extension must file between
January 1 and the extended due date of each year.
3. �th the approvai of fhe designating body,compliance informatron for multiple projects may be consolidated on one(1)compliance(CF-1).
� •- •
Name of taxpayer County
Phoenix Closures, inc. Putnam
Address of taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number
1899 High Grove Lane Naperville, IL 60540 67008
Name of contact person Telephone number
Stacie Gannon � 630 � 420-4785
. . . . . . . -.-
Name of designating body Resolution number Estimated start date(month,day,year)
Greencastie Common Council 2011-13 3/1/2012
Loca?ion of proper!y Actual start date(month,day,year)
2000 S. Jackson Street, Greencastle, IN 46135 3/1/2015
Description of new manufacturing equipment,or new research and development equipment,or new information technology Estimated completion date(month,day,year)
equipment,or new logistical distribution equipment to be acquired. 3I�IZO�Z
Equipment includes injection molding and packaging equipment for the production of closures and caps.The
proposed investment in manufacturing equipment includes some equipment new to Indiana. Actuai completion date(monm,day,year)
3/1/2015
. . .
EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL
Current number of employees io5
Salaries e,sas,000.00
Number of employees retained �05
Salaries 5,845,000.00
Number of additional empioyees so
Salaries s,soo,000.00
� • .
MANUFACTURING R 8�D EQUIPMENT LOGIST DIST IT EQUIPMENT
IPM NT I M NT
COST ASSESSED ASSESSED ASSESSED ASSESSED
AS ESTIMATED ON SB-1 VALUE COST VALUE COST VALUE COST VALUE
Values before project
Pius: Values of proposed project �5,s3o,000.0o seo,000.00
Less: Values of any property being replaced
Net values upon completion of project
ASSESSED ASSESSED ASSESSED ASSESSED
ACTUAL COST YALUE COST VALUE COST VALUE COST VALUE
Values before project
Plus: Values of proposed project
Less: Values of any property being replaced
Net values upon completion of project 30,175,243.00 616,233.00
NOTE:The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(c).
� • � � i '• �
WASTE CONVERTED AND OTHER BENEFITS AS ESTIMATED ON SB-1 ACTUAL
Amount of solid waste converted
Amount of hazardous waste converted
Other benefits:
• •
I hereby certify that the representations in this statement are true.
Signat f a thorized r�se tative Title Date signed(month,day,year)
Assistant Controller 5/12/2017
Page 1 of 2
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;� INSTRUCTIONS: (IC 6-9.1-12.1-5.9)
9. This page does not apply to a Statement of Benefits fi/ed before July 9, 1991;that deducfion may not be terminafed for a failure to comply with the
Statement of Benefits.
2. �thin forfy-five(45)days after receipt of this form,the designating body may determine whether or not the property owner has substantially complied�vith
the Statemenf of Benefits.
3. If the property owner is found NOT to be in substantial compliance,the designating body shall send the properfy owner written notice. The notice musf
include the reasons for the deferminafion and the dafe, trme and place of a hearing to be conducted by the designating body If a notice is mailed to a
property owner,a copy of the written notice wrll be sent to the County Assessor and the County Audifor.
4. Based on the information presented at the hearing,the designafing body shal/determine whether or nof the property owner has made reasonable effort to
subsfantially comply with the Statement of Benefifs and whether any failure to substantially comply was caused by factors beyond the control of the
property owner.
5. Iffhe designating body determines thaf the property ownerhas NOT made reasor+ab/e effort to comp/y,then the designating body shall adopt a resolution
ferminating the deduction. The designating body shal!immediately mail a certified copy of the resolution to:(1)the property ownar, (2J the CountyAuditor,�
and(3)the County Assessor.
We have reviewed the CF-1 and find that:
� the property owner IS in substantial compliance
❑ the property owner IS NOT in substantial compliance
❑ other(specify)
Reasons for the determination(attach additional sheefs if necessary)
�
Signature of authorized member i Date signed(month,day,year)
William A. Dory, Jr., Mayor 07/13/2017
Attested by: De g in dy
Lynda R. Dunbar, Clerk-Treasurer Greencastle on Council (CF-1/PP)
If the property owner is found not to be in su stanti coinpliance,the property owner shall receive the opportunity for a hearing.The following date and
time has been set aside for the purpose of considering compliance.
Time of hearing � AM Date of hearing(month,day,year) Location of hearing
❑ PM
� Approved ❑ Denied(see instruction 5 above)
Reasons for the determination(afEach additional sheets if necessary)
t
Signature of authorized member Date signed(month,day,year)
Attested by: Designating body
APPEAL RIGHTS(IC 6-1.1-12.1-5.9(e)]
A property owner whose deduction is denied by the designating body may appeal the designating body's decision.by filing a complaint in the office of the
clerk of Circuit or Superior Court together with a bond conditioned to pay the costs of the appeal if the appeal is determined against the property owner.
Page 2 of 2
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COMPLIANCE WITH STATEMENT OF BENEFITS so 1?PAY 20�8
- REAL ESTATE IMPROVEMENTS =
State Form 51766(R3/2-13) FORM CF-9 1 Real Property
` ,,. � Prescribed by the Department of Local Govemment Finance
PRIVACY NOTICE
INSTRUCT/ONS: The cost and any spec�c individuai's
9. This form does not app/y to property located in a n;sidentially distressed area or any deduction for which the salary informat;on is confiden5ai;the
balance of the filing is public record
Statement of Benefds was approved before July 1, 1991. per IC 6-1.1-12.1-5.1(c)and(d).
2. Property owners musf file this form with the county auditor and the designating body for their review regarding
the compliance of the project with the Statement oi 8enefits (Form 58-1/Real Property).
3. This form must accompany fhe initial deduction application(Form 322/RE)that is filed with the county auditor.
4. This form must also be updafed each year in which the deduction is applicable. !t is filed with the county auditor
and the designating body before May 15,or by the due date of the rea!property owner's personal properfy retum
that is filed in the township where the property is located. (IC 6-1.1-12.1-5.1(b))
5. tN�h the approval oi the designating body,compliance information for muitip/e projects may be consolidated on
one(1)compliance form(Form CF-1/Real Property).
• •- •
Name ot taxpayer County
Phoenix Closures, Inc. and Cuatro, LLC Putnam
Address o1 taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number
1899 High Grove Lane, Naperviile, IL 60540 67008
Name of contacf person Teiephone number
Stacie Gannor� ( 630 ) 420-4785
• . . . . . . -.-
Name of designaUng body Resolution number Estimated sTart date(month,day,year)
Greencastle Common Counci8 2011-13 09/01/2011
LocaSon of property Actual start date(month,day,year)
2000 S. Jackson Street, Greencastle, IN 46135 10/01/2011
Description of real property improvements Estimated completion date{month,day,year)
Refurbish former Oxford Auiomotive plant into a food-quality manufacturing plant and distribution center.Expand 06/30/2012
�e plant by 50,000 sq.feeY.
Actual completion date(monfh,day,year)
07/15/2012
• . .
EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL
Current number of empioyees ios
Salaries 5,845,000.00
Number of employees retained �05
Salaries 5,845,000.00
Number of additional empfoyees 90
Salaries
3,900,000.00
� • �
COSTAND VALUES REAL ESTATE IMPROVEMENTS
AS ESTIMATED ON SB-1 COST ASSESSED VALUE
Values before project �,soo,000.o0 2,2�z,000.00
Plus: Values of proposed project 13,522,000.00
Less: Values af any property being replaced
Net values upon completion of project �s,o22,000.00
ACTUAI COST ASSESSED VALUE
Values before pro'ect �,500,000.00
Plus: Values of proposed pro'ect iz,ass,�sa.00
Less: Values of an prope bein replaced
Net values upon completion of project 14,186,758.00
• • . . • -• �
WASTE CONVERTED AND OTHER BENEFITS AS ESTIMATED ON SB-1 ACTUAL
Amount of solid waste converted
Amount of hazardous waste converted
�ther benefits:
. .
1 hereby certify that the representations in this statement are true.
Signa f uthorized p�s tative TiUe Date signed(month,day,year)
- � ,, Assistant Controller 05/12/2017
Page 1 of 2
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�" INSTRUCTIONS: (IC 6-1.1-12.1-5.1 and IC 6-1.1-12.1-5.9J
1.Not later than forty-five(45)days after receipt of this form,the designating body mav determine whether ornot the property owner has substantially complied
with the Statement of Benefits(Form SB-1/Real Property).
2.If the property owner is found NOT to be in substantia/compliance,the designafing body shal/send the property owner written notice. The notice must
include the reasons for the determination and the date,time and place of a hearing to be conducted by the designating body The date of this hearing may
not be more than thirty(30)days after the date this notice is mailed. A copy of the notice may be sent to the county auditor and the county assessor.
3,eased on fhe information presenfed at the hearing,the designating body shall determine whether ornot the property ownerhas made reasonable efforts to
substantially comply with the Statement of Benefits(Form SB-1/Rea/Property)and whether any failure to substantially comply was caused by factors beyond
the controf of the property owner.
q.If the designating body determines that the property owner has NOT made reasonable efforts to comply,then the designating body shal!adopt a reso/ution
terminating the property owner's deduction. If the designating body adopts such a resolution,fhe deduction does not app/y to the next installment of property
taxes owed by the property owner or to any subsequenf rnsta/lment ofproperty taxes. The designating body sha/l immediate/y mai/a certified copy of the
resolution to:(1)the prope�ty owner, (2J the county audrtor, and(3)the county assessor.
We have reviewed the CF-1 and find that:
� the property owner IS in substantial compliance
❑ the property owner IS NOT in substantial compliance
❑ other(specify)
Reasons for the determination(attach additional sheets if necessary)
�
Signature of authorized member Date signed(month,day,year)
William A. Dory, Jr., Mayor 07/13/2017
Attested by: ' Design ng body
Lynda R. Dunbar, Clerk-Treasurer reencast Co on Council (CF-1/RE)
If the property owner is found not to be in substa tial compliance,the property owner shall receive the opportunity for a hearing.The following date and
time has been set aside for tfie purpose of considering compliance. (Hearing must be held within thirty(30)days of the date of mailing of this notice.)
Time of hearing ❑ AM Date of hearing(month,day,year) Location of hearing
❑ PM
❑ Approved ❑ Denied(see insfruction 4 above)
Reasons for the determination(attach additional sheets if necessary)
t
Signature of authorized member Date signed(month,day,year)
Attested by: Designating body
APPEAL RIGHTS[IC 6-1.1-12.1-5.9(e)]
A property owner whose deduction is denied by the designating body may appeal the designating body's decision by filing a complaint in the office of the
Circuit or Superior Court together with a bond conditioned to pay the costs of the appeal if the appeal is determined against the property owner.
Page 2 of 2
RESOLUTION 2017-17
A RESOLUTION AUTHORIZING TRANSFER OF APPROPRIATIONS FROM MOTOR VECffiCLE
HIGHWAY FUND 201 TO LOCAL ROAD AND BRIDGE MATCHING FUND 217 FOR THE CITY OF
GREENCASTLE, INDIANA
� The Common Council of the City of Greencastle, Putnam County, Indiana, hereby authorizes transfer of
appropriation in the following funds for the City of Greencastle:
To: FUND 217 Local Roads and Bridge Match From: FUND 201 Motor Vehicle Highway
Amount To: From:
$365,000.00 217-4-00-367.0000 Matching Contributions 201-5-00-439.092 —Road Construction/Improv.
$365,000.00 Total Transfer
PASSED AND RESOLVED by the Common Council of the City of Greencastle, Putnam County, Indiana,
this 9th day of November 2017.
COMMON UNCIL OF THE CITY OF GREENCASTLE
G%�
Adam Cohen Tyler Wade D ve Murray
Stacie Langdo Mark Hammer ,n
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,L�--
S eve Fields Gary Lemon
Approved and signed by me this 9`h day of November, 2017, at � '.3 a 'clock .m.
f
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il iam A. Dory Jr., Mayo
ATTEST:
a R. Dunbar, Clerk-Treasurer
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