HomeMy Public PortalAbout090-1996 - Tax Abatement - Sets forth the required procedure for the filing of statement of benefitsORDINANCE NO. 90-1996
A GENERAL ORDINANCE SETTING FORTH THE REQUIRED
PROCEDURE REGARDING THE FILING OF STATEMENT OF
BENEFITS FOR TAX ABATEMENTS
WHEREAS, Common Council has previously 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, Common Council desires to implement a standard procedure for the filing
and handling of all Statement of Benefits.
NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond,
Indiana as follows:
Any property owner applying for an approval of a Statement of Benefits with
Common Council should presume that the rules of procedure will not be
suspended, and that any ordinance approving such request may take two or three
Council meetings. To the extent that the request may constitute an emergency in the
opinion of the Applicant, thereby requiring a suspension of the rules and approval
at one meeting, the Applicant shall identify such fact in writing with its Statement of
Benefits filing, and in order to be considered for such accelerated procedure, must
present a representative in person at the applicable Council meeting. Nothing shall
be construed herein to require Common Council to accept the Applicant's request
for an accelerated hearing and action.
2. In order to be considered as part of a Statement of Benefits for the installation of
new manufacturing equipment, or the redevelopment/rehabilitation of real property,
such equipment or work to real property may not be projected to commence more
than three years from the date of filing the Statement of Benefits by the property
owner.
All Statement of Benefits, after initial filing with the City's Department of Finance,
shall be referred to the Legal Department for preparation of an applicable proposed
ordinance, and to the Tax Abatement Committee Chairman of Common Council,
for review and report to Common Council.
Passed and adopted this o� i day o 1996, by the Common Council of
the City of Richmond, Indiana.
Eresident
(Geneva Allen)
ATT t( City Clerk
(Norma Schroeder)
R E=996,
the Mayor of the City of Richmond, Indiana, this day of
at 9:00 a.m.
City Clerk
6—t�-�—(Norma Schroeder)
2OVEDkY m De . Andrews, Mayor of the City of Richmond, .I ' n this
`-�day o 1996, at 9:05 a.m.
Mayor
(Denni
ATTE 4(4Nonnl�chr=eder�)�' City Clerk