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Home My Public Portal About11 - 2022-11 - IAC GREENCASTLE COMPLIANCE WITH STATEMENT OF BENEFITS RESOLUTION NO. 2022 - 11 COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA A RESOLUTION AFFIRMING IAC GREENCASTLE, LLC OF COMPLIANCE WITH STATEMENTS OF BENEFITS WHEREAS,IAC Greencastle,LLC,also known as,International Automotive Components Corporation,has 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 16, 2022: CF-1/PP for tax abatement on equipment granted in 2011, and, CF-1/PP for tax abatement on equipment granted in 2013. 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 IAC Greencastle, 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. PASSED by the Common Council of the City of Greencastle at its regular meeting this 7th day of July 2022. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA Adam Cohen Cody Eckert Mark Hammer Stacie Langdon David Murray Veronica Pejril Darrel Thomas Approved and signed by me this 7th day of July 2022 at p.m. o'clock. ATTEST: William A. Dory, Jr., Mayor Lynda R. Dunbar, Clerk-Treasurer • f w-.., COMPLIANCE WITH STATEMENT OF BENEFITS FORM'Offt PP PERSONAL PROPERTY s ' State Form 51765(R4/11-16) PRIVACY NOTICE This form contains information 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 may be consolidated on one(1)compliance(CF-1). SECTION 1 TAXPAYER INFORMATION Name of taxpayer County IAC GREENCASTLE, LLC PUTNAM Address of taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number 27777 FRANKLIN ROAD, STE 2000 SOUTHFIELD MI 48034 67008 Name of contact person Telephone number CHRIS BARANICK ( 248 ) 455-4181 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Estimated start date(month,day,year) CITY OF GREENCASTLE I 2013-19/2013-20 7/1/2013 Location of property Actual start date(month,day,year) 750 SOUTH FILLMORE GREENCASTLE IN 46135 7/1/2013 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. 12/31/13 Actual completion date(month,day.year) 12/31/13 SECTION 3 EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SBA ACTUAL Current number of employees 837 189 Salaries 27,176,235.00 11,588,460.09 Number of employees retained 837 Salaries 27,176,235.00 Number of additional employees 53 Salaries 1,350,440.00 SECTION 4 COST AND VALUES MANUFACTURING i R&D EQUIPMENT LOGIST DIST IT EQUIPMENT EQUIPMENT EQUIPMENT COST I ASSESSED j j ASSESSED ASSESSED ASSESSED AS ESTIMATED ON SB-1 VALUE COST VALUE COST VALUE COST VALUE Values before project 23,779,176.00 2,125,542.00 I:I Plus: Values of proposed project 5,276,288.00 1 1,952,685.00 I f Less: Values of any property being replaced Net values upon completion of project 29,055,464.00 4,078,227.00 ASSESSED ASSESSED ASSESSED ASSESSED ACTUAL ; VALUE COST VALUE COST VALUE COST COST VALUE Values before project Plus: Values of proposed project 4,078,834.00 • Less: Values of any property being replaced f Net values upon completion of project I 4,078,834.00 1 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 SBA ACTUAL Amount of solid waste converted Amount of hazardous waste converted Other benefits: SECTION 6 TAXPAYER CERTIFICATION I hereb ejtify th e representations in this statement are true. Sigma e o / on presentative I Title Date signed(month.day,year) CONSULTANT 5-11-22 Page 1 of 2 OPTIONAL: FOR USE BY A DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WiTH STATEMENT OF BENEFITS(FORM CF-1) INSTRUCTIONS (IC 6-1.1-12.1-5.9) 1. Within 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. 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,including the date, time 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 will be sent to the county assessor and the county auditor. 3. Based on the information presented at the hearing,the designating body shall determine whether or not the properly owner has made reasonable effort to substantially comply with the Statement of Benefits 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 effort to comply,the designating body shall adopt a resolution terminating the deduction. 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) Signature of auth a member A Date signed(month,day,year) Attested — —— Designating body _ -/Z££IVC,a 5tk C044.40AJ C.:�./A/C 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. Time of hearing ❑AM Date of hearing(month.day,year) Location of hearing I PM Sit Q 44\ r 2a zc HEARING RESULTS(to be completed after the hearing) ❑ Approved ❑ Denied(see instruction 5 above) Reasons for the determination(attach additional sheets if necessary) Signature of authorized member 1 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 -..,-...;;_ COMPLIANCE WITH STATEMENT OF BENEFITS IFOOS CF-1 1 PP i',4*.1, PERSONAL PROPERTY PRIVACY NOTICE i* • : State Farm 51765(R4 J 11-16) This form contains information •? % 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 may be consolidated on one(1)compliance(CF-i). SECTION 1 TAXPAYER INFORMATION Name of taxpayer County IAC GREENCASTLE, LLC PUTNAM Address of taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number 27777.FRANKLIN ROAD, STE 2000 SOUTHFIELD MI 48034 67008 Name of contact person Telephone number CHRIS BARANICK ( 248 ) 455-4181 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Estimated start date(month,day,year) CITY OF GREENCASTLE 2011-7 / 2011 8 5/15/2011 Location of property Actual start date(month.day,year) 750 SOUTH FILLMORE GREENCASTLE IN 46135 5/15/2011 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. 12/31/2011 Actual completion date(month,day.year) 12/31/2011 SECTION 3 EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SBA ACTUAL Current number of employees 486 189 Salaries 17,156,256.00 11,588,460.00 Number of employees retained 488 Salaries 17,156,256.00 Number of additional employees 255 Salaries 8,608,392.00 SECTION 4 COST AND VALUES MANUFACTURINGEIENT R&D EQUIPMENT EQUIPMENT t M{ IST IT 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 8,800,000.00 Less: Values of any property being replaced Net values upon completion of project 8,800,003.00 ACTUAL COST ASSESSED COST I ASSESSED COST ASSESSED COST ASSESSED VALUE _ VALUE VALUE VALUE Values before project Plus: Values of proposed project 8,375,349.00 Less: Values of any property being replaced Net values upon completion of project 8,375,349.00 I 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 S8-1 ACTUAL Amount of solid waste converted Amount of hazardous waste converted Other benefits: SECTION 6 TAXPAYER CERTIFICATION I hereb rt that the representations in this statement are true. Signat of aut a tative I Title Date signed(month,day year) --� CONSULTANT 5-11-22 Page 1 of 2 OPTIONAL: FOR USE BY A DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WITH STATEMENT OF BENEFITS(FORM CF-I) INSTRUCTIONS: (iC 6-1.1-12.1-5.9) 1. Within 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. 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,including the date; time 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 will be sent to the county assessor and the county auditor. 3. Based on the information presented at the hearing,the designating body shall determine whether or not the property owner has made reasonable effort to substantially comply with the Statement of Benefits 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 effort to comply,the designating body shall adopt a resolution terminating the deduction. 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: !i ❑ the property owner IS in substantial compliance el the property owner IS NOT in substantial compliance ❑ other(specify) Reasons for the determination(attach additional sheets if necessary) I.yi/z/ems Signature of aul f �,e member , Date signed(month,day,year) Attested by �(,j� f/!J// Designating body /� G CZ££n104 Y / 4 iNGN J -WC( J If th 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. —.� Time of hearing 0 AM Date of hearing(month.day,year) Location of hearing 7:)U (74 PM I Sc Sjrti- Ge�t�tic� t►;� C�t i-t ALL- t Ni. Loc.l.,.t t SAP k. HEARING RESUt.T9(it►be convicted after the hearing) ❑ Approved ❑ Denied(see instruction 5 above) Reasons for the determination(attach addibonal 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 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 City of Greencastle �z�F City ball :)ne North Locust Street, P.O. Box 607 Greencastle, Indiana 46135 765-653-3100 August 1, 2022 IAC Greencastle, LLC 27777 Franklin Road Ste 2000 Southfield, MI 48034 Dear Mr. Chris Baranick On July 7, 2022 your resolution for tax abatement was presented to the Greencastle Common Council for consideration. After reviewing your actual employment data and the fact that you have closed your Greencastle facility, it was determined that your company was not in substantial compliance with your tax abatement requirements. As the owner of personal property not in substantial compliance, you are entitled to a public hearing, under IC 6-1.1-12.1-5.9. Said hearing shall be held at our September 8, 2022 Greencastle Common Council meeting at 7:00 pm. The purpose of the hearing is to determine reconsidering your compliance. If you have any questions please contact Lynda Dunbar, Greencastle Clerk-Treasurer at 765-848-1510 or Idunbar@cityofgreencastle.com Thank you Lynda R. Dunbar Greencastle Clerk-Treasurer Lynda Dunbar From: Christopher T Baranick <CBaranick@iacgroup.com> on behalf of Christopher T Baranick Sent: Wednesday, August 17, 2022 3:00 PM To: Idunbar@cityofgreencastle.com Cc: Dave Keffler Subject: IAC Greencastle, LLC - Response to Letter Received August 1, 2022 Attachments: City of Greencastle.pdf Lynda, IAC Greencastle, LLC is in receipt of the correspondence dated August 1, 2022 that was received from the City of Greencastle (Attached). IAC Greencastle agrees that they incorrectly included two Form 103-ERA's with their Form 104 personal property tax rendition that was filed in May 2022. IAC Greencastle used a consultant to prepare the renditions and they forgot to tell the consultant to exclude the forms. As you have referenced in your letter, IAC Greencastle, LLC has officially closed and sold their facility in the City of Greencastle on July 2022. We appreciate all of the support that the City of Greencastle has provided over the years. The support allowed us to be competitive in the automotive market and employ hundreds of people in your community. IAC Greencastle is waiving their right to a public hearing and agree that the abatements of$371,807 from the two Form 103's that were filed in May be removed from the rendition. If there are any other items that you need from IAC, please feel free to let me know. Thanks, Chris Baranick Senior Tax Director Corporate Tax International Automotive Components Group 27777 Franklin Road, Suite 2000 Southfield, MI 48034 Office: 248-455-4181 Cell: 313-948-3682 Email: cbaranick@iacgroup.com LEGAL DISCLAIMER This E-mail message and any attachments may contain legally privileged,confidential or proprietary information.If you are not the intended recipient(s),or the employee or agent responsible for delivery of this message to the intended recipient(s),you are hereby notified that any dissemination,distribution or copying of this E-mail message is strictly prohibited.If you have received this message in error,please immediately notify the sender and delete this E-mail message from your computer. 1