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HomeMy Public PortalAbout02 - 2018 - CHIYODA REVITALIZATION AREA COMMON COUNCIL CITY OF GREENCASTLE, INDIANA RESOLUTION NO. 2018 - 2 A RESOLUTION DECLARING AN ECONOMIC REVITALIZATION AREA IN GREENCASTLE, PUTNAM COUNTY, INDIANA FOR CHIYODA USA CORPORATION WHEREAS,the Common Council of the City of Greencastle, Indiana,has determined that it would be in the best interest of the citizens of Greencastle, Indiana, if such Common Council defined and declared a certain area within such City as an economic revitalization area; and, WHEREAS, I.C. 6-1.1-12.1-1 to I.C. 6-1.1-12.1-2.5 defines the procedure for establishing such an economic revitalization area; and, WHEREAS,the Common Council desires to make available to persons owning property in such economic revitalization area the right to a deduction from the assessed value of real property as defined in I.C. 6-1.1-12.1-3 and a deduction for manufacturing equipment, logistics/distribution equipment, research and development equipment, and information technology equipment as defined in I.C. 6-1-1-12.1-4.5. NOW THEREFORE BE IT RESOLVED by the Common Council of the City of Greencastle, Indiana, as follows: 1. That this Common Council hereby declares by description the boundaries of the area to be declared herein to be an economic revitalization area as follows: Part of the Northwest Quarter of Section 24, Township 14 North Range 4 West of the Second Principal Meridian, Putnam County, Indiana, described as follows: Commencing a the Northwest corner of Section 24, Township 14 North Range 4 West;thence South 00 degrees 52 minutes West 90.11 feet with the West line of said Section 24 to the South right-of-way line of Indiana State Road #240; thence with said South right-of-way line Southeasterly 329.70 feet on a curve to the right having a radius of 28,532.90 feet and subtended by a long chord bearing South 88 degrees 16 minutes 36 second East a distance of 329.70 feet to an iron pin and the TRUE POINT OF BEGINNING of the real estate herein described;thence continuing with said South right-of-way Southeasterly 279.11 feet on a curve to the right having a radius of 28,532.90 feet and subtended by a long chord bearing South 87 degrees 39 minutes 49 seconds East a distance of 279.11 feet to an iron pin; thence South 87 degrees 23 minutes 00 second East 799.76 feet to a concrete right-of-way monument; thence South 81 degrees 40 minutes 22 seconds East 50.25 feet to an iron pin; thence South 87 degrees 23 minutes 00 seconds East 100.00 feet to an iron pin; thence North 86 degrees 53 minutes 53 seconds East 28.21 feet to an iron pin; thence leaving the South right-of-way line of the aforesaid Indiana State Road 240, South 00 degrees 18 minutes 00 seconds West 618.97 feet to an iron pin; thence North 89 degrees 42 minutes 00 seconds West 1267.27 feet to an iron pin; thence North 01 degree 16 minutes 25 seconds East 670.70 feet with an established property fence line to the Point of Beginning. AND, Part of the Northwest Quarter of Section 24, Township 14 North Range 4 West of the Second Principal Meridian, Putnam County, Indiana, described as follows: Commencing a the Northwest corner of Section 24, Township 14 North Range 4 West;thence South 00 degrees 52 minutes West 90.11 feet with the West line of said Section 24 to the South right-of-way line of Indiana State Road #240; thence with said South right-of-way line Southeasterly 329.70 feet on a curve to the right having a radius of 28,532.90 feet and subtended by a long chord bearing South 88 degrees 16 minutes 36 second East a distance of 329.70 feet; thence leaving said South right-of-way line South 01 degrees 16 minutes 25 seconds West 670.70 feet with an established property line fence to an iron pin marking the Southwest corner of an 18.71 acre tract and the POINT OF BEGINNING of the real estate herein described; thence South 89 degrees 42 minutes 00 seconds East 1,267.27 feet to an iron pin marking the Southeast corner of said 18.71 acre tract; thence South 00 degrees 18 minutes 00 seconds West 314.99 feet; thence North 89 degrees 42 minutes 00 seconds West 1,272.62 feet; thence North 01 degrees 16 minutes 25 seconds East 315.03 feet with an established property line fence to the Point of Beginning. (Summarized from DR: 2005006785) AND, Situate in the State of Indiana, County of Putnam and being a part of the Northwest quarter of Section 24, Township 14 North, Range 4 West of the Second Principal Meridian, more particularly described to-wit: Commencing at an iron pin marking the Northwest corner of Section 24, Township 14 North, Range 4 West; thence South 00 degrees 52 minutes West 90.11 feet with the West line of said Section 24 to the South right-of-way line of Indiana State Road 240; thence with said South right-of-way line Southeasterly 329.70 feet on a curve to the right having a radius of 28,532.90 feet and subtended by a long chord bearing South 88 degrees 16 minutes 36 seconds East, a distance of 329.70 feet; thence leaving said South right-of-way line South 01 degree 16 minutes 25 seconds West 985.73 feet to the POINT OF BEGINNING of the real estate herein described; thence South 89 degrees 42 minutes 00 seconds East 1,272.62 feet; thence South 00 degrees 18 minutes 00 seconds West 376.24 feet; thence North 89 degrees 55 minutes 01 seconds West 1,279.11 feet; thence North 01 degree 16 minutes 25 seconds East 381.15 feet to the point of beginning containing 11.09 acres of land, more or less and subject to any easements, rights-of-way, and restrictions of record. (DR: 2015003477) Approximately 38.98 acres. Subject to all rights-of-way and pertinent easements of record. 2. That the above described real estate is deemed by the Common Council of the City of Greencastle to be an economic revitalization area within the corporate limits of the City of Greencastle, Putnam County, Indiana, which has become obsolete and not lending itself to normal development because of the availability of other development ground within the City which is qualified for tax abatement and because of a cessation or lack of growth in the general area which is anticipated to lead to the deterioration of the area and continued stagnation of employment within the City of Greencastle if said area is not utilized as an area to promote industrial expansion for the City of Greencastle. 3. That in order to be competitive in attracting new industrial prospects to the City of Greencastle, Indiana, and new investment by existing industry, it is imperative that such City offer to prospective new industries locating in and existing industries investing in the above-described area up to the maximum tax abatement as allowed by law. 4. That the Common Council now RESOLVES that the above-designated area shall be declared an economic revitalization area under the terms and provisions of I.C. 6-1.1-12.1-2.5. 5. That this Resolution shall be published pursuant to the provisions of I.C. 5-3-1 and a copy of this Resolution shall be provided to the Putnam County Assessor's Office for inspection therein. 6. That after due publication, a public hearing shall be held at the time set forth in the public notice notifying of the passage of this Resolution at which time,this Common Council shall receive and hear all remonstrances and objections; determine whether or not the qualifications for an economic revitalization area have been met; and take final action upon this Resolution. PASSED AND RESOLVED by the Common Council of the City of Greencastle at its regular meeting this 8th day of February, 2018. COMMON COUNCIL OF THE CITY OF GRE NCAST E, INDIANA A.. Cohen Stacie Langdo Ail /AAP,19.- `tephe . Fields Tyler J.2 adeet N. H• me Gary D. Lemo mat:4 .v; Murray Approved and signed by me this 8th day of February, 201 : at p.m. o'c . k. //s.�A /. 1111*,/� William A. Dory'f�' ATTEST: .1 a./ 401P Ly• .a R. Dunbar, Clerk-Treasurer CANCELLATION OF WARRANTS 2018-OLD OUTSTANDING CHECKS Pursuant to IC 5-11-10.5, all checks outstanding and unpaid for a period of two years as of December 31 of each year shall be declared cancelled. Not later than March 1 of each year the clerk-treasurer shall prepare or cause to be prepared a list in duplicate of all the checks outstanding for two or more years as of December 31 last preceding. The original copy shall be filed with the city or town council and duplicate copy maintained by the clerk-treasurer of the city or town. The clerk-treasurer shall enter the amounts so listed as a receipt to the fund or funds upon which they were originally drawn and remove the checks from the list of outstanding checks. If the fund from which the check was originally drawn is not in existence or cannot be ascertained, the amount of the outstanding check shall be receipted into the general fund of the city or town Payroll Account-999 102.0000- DATE CHECK NUMBER DESCRIPTION AMOUNT 12/18/2015 011702 Robert Campbell $14.37 CASH ACCOUNT-999 101.0000 UTILITY REFUNDS&ACCOUNT PAYABLE CHECKS DATE CHECK NUMBER DESCRIPTION AMOUNT l 1/13/2015 042913 Green Apple Frogurt $70.26 5/11/2015 043807 Stacy Hopwood $25.19 7/15/2015 044100 Amateur Soft Assoc. $1,444.73 8/12/2015 044534 Le Hoang $10.21 9/11/2015 044765 Damien Gibson $1.87 10/14/2015 044897 Progressive Printing $308.30 10/16/2015 045038 Austin L Weimer $72.87 TOTAL $1,933.43 Presented to and Approved by the Common Council of the City of Greencastle, Indiana this 9`h day of February, 2017 at o'clock p.m. Adam Cohenlit41 Mark Hammer G� 1/ / 0 IM4• A Gary Lemon jdL 1cas_ yr/ Stacie Lang coh i.�/. /I/ _ .- Steve Fields -� - 2) Tyler Wade <, ....zL) Attest: , Lyn a R. Dunbar, Clerk-Treasurer