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Home My Public Portal About11 - 2020-10 - AFFIRMING PHOENIX CLOSURES AND CUATRO LLC.I r RESOLUTION NO. 2020 - 10 COMMON COUNCIL OF THE CITY OF GREENCASTLE 0 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 June 15, 2020: CF-1/PP for tax abatement on a facility investment granted in 2011, and, CF-1/RE for tax abatement on equipment granted in 2011. 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. 416, PASSED by the Common Council of the City of Greencastle at its regular meeting this 14th day of August 2020. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA Ati Adam ohen Cody E ,t ( / 4) I "tet gr.,.. .i--, , s-----. - k Hammer tacie Lan •on 71 �rrl i Ili . Ia id 'urray . VerMca WI j. Ja'ob Wid -r - Approved and signed by me this 14th day of August 2020 Z s.m. o'cl . i ATTEST: ill am , . iry, ., . •r (Pr Lyn s. R. D unbar, Clerk-Treasurer #1.-" COMPLIANCE WITH STATEMENT OF BENEFITS FORM CF-1 /PP ° '.-.', PERSONAL PROPERTY -t:iTirrc,T> PRIVACY NOTICE State Form 51765(R4/11-16) This form contains information I �'`;�-i, Prescribed by the Department of Local Government Finance confidential pursuant to 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 file this form with the local Designating Body to show the extent to which there has been compliance with the Statement of Benefits. (IC 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. With the approval of the designating body,compliance information for multiple projects maybe consolidated on one(1)compliance(CF-1). SECTION 1 TAXPAYER INFORMATION 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 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Estimated start date(month,day,year) Greencastle Common Council 2011-13 3/1/2012 Location of property Actual start date(month,day,year) 2000 S. Jackson Street, Greencastle, IN 46135 3/1/2012 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. 3/1/2015 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. Actual completion date(month,day year) 3/1/2015 SECTION 3 - EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL i Current number of employees 11s CP Salaries 6,043,400.00 Number of employees retained 11s Salaries 6,043,400.00 Number of additional employees 90 Salaries 3,900,000.00 SECTION 4 - COST AND VALUES MANUFACTURING R&D EQUIPMENT LOGIST DIST IT EQUIPMENT EQUI MENT EQUIPMENT COST ASSESSED ASSESSED ASSESSED ASSESSED AS ESTIMATED ON SB-1 VALUE COST VALUE COST VALUE COST VALUE Values before project Plus: Values of proposed project 15,930,000.00 350,000.00 Less: Values of any property being replaced Net values upon completion of project ASSESSED ASSESSED ASSESSED ASSESSED ACTUAL COST VALUE 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 27,906,000.00 500,000.00 NOTE:The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(c). SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER WASTE CONVERTED AND OTHER BENEFITS AS ESTIMATED ON SB-1 ACTUAL Amount of solid waste converted Amount of hazardous waste converted Other benefits: SECTION 6 TAXPAYER CERTIFICATION CrI hereby certify that the representations in this statement are true. Signature o authorized repre ntative Title Date signed(month,day,year) Jj a./ _ .,,,-//,h,--,.__ _, CFO 5/4/2020 Page 1 of 2 OPTIONAL: FOR USE BY A DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WITH STATEMENT OF BENEFITS(FORM CF-11 THAT WAS APPROVED AFTER JUNE 30, 1991 INSTRUCTIONS: (IC 6-1.1-12.1-5.1 and IC 6-1.1-12.1-5.9) 1.Not later than forty-five(45)days after receipt of this form, the designating body may determine whether or not 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 substantial compliance,the designating body shall 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.Based on the information presented at the hearing,the designating body shall determine whether or not the property owner has made reasonable efforts to substantially comply with the Statement of Benefits(Form SB-1/Real Property)and whether any failure to substantially comply was caused by factors beyond the control of the property owner. 4.1f the designating body determines that the property owner has NOT made reasonable efforts to comply,then the designating body shall adopt a resolution terminating the property owner's deduction. If the designating body adopts such a resolution,the deduction does not apply to the next installment of property taxes owed by the property owner or to any subsequent installment of property taxes. The designating body shall immediately mail a certified copy of the resolution to:(1)the property owner;(2)the county auditor, 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) tOr Signature of authorized member 4/64....te �, Date signed(month,day,year) August 13, 2020 Attested by: Designating body Lynda Dunbar Clerk-Treasurer / — ��-'�—_, Greencastle City Council If the property owner is found not to be ir(substantial compliance,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. (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 HEARING RESULTS(to be completed after the hearing) ❑ Approved ❑ Denied(see instruction 4 above) Reasons for the determination(attach additional sheets if necessary) Signature of authorized member Date signed(month,day,year) Attested by: Designating body APPEAL RIGHTS[IC 6-1.1.12.1-5.9(e)] 416. 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 COMPLIANCE WITH STATEMENT OF BENEFITS 20 20 PAY 20 21 REAL ESTATE IMPROVEMENTS State Form 51766(R3/2-13) FORM CF-1/Real Property `ampPrescribed by the Department of Local Government Finance PRIVACY NOTICE The cost and any specific individual's INSTRUCTIONS: salary information is confidential;the 1. This form does not apply to property located in a residentially distressed area or any deduction for which the balance of the filing is public record Statement of Benefits was approved before July 1, 1991. per IC 6-1.1-12.1-5.1(c)and(d). 2. Property owners must file this form with the county auditor and the designating body for their review regarding the compliance of the project with the Statement of Benefits (Form SB-1/Real Properly). 3. This form must accompany the initial deduction application(Form 322/RE)that is filed with the county auditor. 4. This form must also be updated each year in which the deduction is applicable. It is filed with the county auditor and the designating body before May 15,or by the due date of the real property owner's personal property return that is filed in the township where the property is located. (IC 6-1.1-12.1-5.1(b)) 5. With the approval of the designating body,compliance information for multiple projects maybe consolidated on one(1)compliance form(Form CF-1/Real Property). SECTION 1 TAXPAYER INFORMATION Name of taxpayer County Phoenix Closures, Inc. and Cuatro, LLC 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 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Estimated start date(month,day.year) Greencastle Common Council 2011-13 09/01/2011 Location 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 Automotive plant into a food-quality manufacturing plant and distribution center. Expand 06/30/2012 4,, the plant by 50,000 sq.feet. Actual completion date(month,day,year) 07/15/2012 SECTION 3 EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL Current number of employees 118 Salaries 6,043,400.00 Number of employees retained 118 Salaries 6,043,400.00 Number of additional employees so Salaries 3,s00,00000 SECTION 4 COST AND VALUES COST AND VALUES REAL ESTATE IMPROVEMENTS AS ESTIMATED ON SB-1 COST ASSESSED VALUE Values before project 1,500,000.00 2,272,000.00 Plus: Values of proposed project 13,522,000.00 Less: Values of any property being replaced Net values upon completion of project 15,022,000.00 ACTUAL COST ASSESSED VALUE Values before project 1,500 000.00 Plus: Values of proposed project 12,836,758.00 Less: Values of any property being replaced Net values upon completion of project 14,336,758.00 SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER WASTE CONVERTED AND OTHER BENEFITS AS ESTIMATED ON SB-1 ACTUAL Amount of solid waste converted Amount of hazardous waste converted Other benefits: (180 SECTION 6 TAXPAYER CERTIFICATION I hereby certify that the representations in this statement are true. Signatur of authorized e sentative I Title Date signed(month,day,year) CFO 5/4/2020 Page 1 of 2 OPTIONAL: FOR USE BY A DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WITH STATEMENT OF BENEFITS(FORM CF-1 i THAT WAS APPROVED AFTER JUNE 30. 1991 INSTRUCTIONS; (IC 6-1.1-12.1-5.1 and IC 6-1.1-12.1-5.9) 1.Not later than forty-five(45)days after receipt of this form,the designating body may determine whether or not 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 substantial compliance,the designating body shall 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.Based on the information presented at the hearing,the designating body shall determine whether or not the property owner has made reasonable efforts to substantially comply with the Statement of Benefits(Form SB-1/Real Property)and whether any failure to substantially comply was caused by factors beyond the control of the property owner. 4.If the designating body determines that the property owner has NOT made reasonable efforts to comply,then the designating body shall adopt a resolution terminating the property owner's deduction. If the designating body adopts such a resolution,the deduction does not apply to the next installment of property taxes owed by the property owner or to any subsequent installment of property taxes. The designating body shall immediately mail a certified copy of the resolution to:(1)the property owner;(2)the county auditor;and(3)the county assessor. We have reviewed the CF-1 and find that: ❑ the property owner IS in substantial compliance 0 the property owner IS NOT in substantial compliance 0 other(specify) Reasons for the determination(attach additional sheets if necessary) — Signature of authorized member �L��L� Date signed(month,day,year) August 13, 2020 Attested by: Designating body Lynda Dunbar Clerk-Treasurer �, Greencastle City Council .„4.--/a _ If the property owner is found not to be in substantial compliance,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. (Hearing must be held within thirty(30)days of the date of mailing of this notice.) Time of hearing 0 AM Date of hearing(month,day,year) Location of hearing ❑ PM HEARING RESULTS(to be completed after the hearing) 0 Approved ❑ Denied(see instruction 4 above) Reasons for the determination(attach additional sheets if necessary) 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. lairPage 2 of 2 I