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Home My Public Portal About08 - 2022-8 - CHIYODA COMPLIANCE WITH STATEMENT OF BENEFITS RESOLUTION NO. 2022 - 8 COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA A RESOLUTION AFFIRMING CHIYODA USA CORPORATION OF COMPLIANCE WITH STATEMENTS OF BENEFITS WHEREAS, Chiyoda USA Corporation was granted a continuation of 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 2013, CF-1/PP for tax abatement on equipment granted in 2015, CF-1/PP for tax abatement on equipment granted in 2018, CF-1/PP for tax abatement on equipment granted in 2021, and, CF-1/RE for tax abatement on a building expansion granted in 2015. 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 Chiyoda USA Corporation. 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. C MMON COUNCIL OF THE CITY OF G' ENCASTLE, INDIANA Ad Cohen Cody Ec j amme •cie L. .,don ,7 d M ;14..treic) Yonic.b'ejril Darrel Thomas Approved and signed by me this 7th day of July 2022 at"l. p. . o'clock. ATTEST. iam A. ory, Jr., Mayo nd . Dunbar, Clerk-Treasurer f•.4;, COMPLIANCE WITH STATEMENT OF BENEFITS 1 PRIVACY NOTICE FORM CF-1 /PP PERSONAL PROPERTY This form contains confidential 14State Form 51765(Rs/12-21) information pursuant to ___ IC 6-1.1-35-9 and IC 6-1.1-12.1-5.6. January 1,2022 %,— Prescribed by the Department of Local Government Finance 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 16,2022, 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 CHIYODA USA CORPORATION PUTNAM Address of taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number 2200 SR 240 E,PO BOX 494,GREENCASTLE, IN 46135 67008 Name of coact person — contact Telephone number TIFFANY FRIARS (765 ) 653-9098 EXT 212 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name at designating body Resolution number Estimated start date(month.day,ye es GREENCASTLE COMMON COUNCIL 2013-10 AND 2013-11 2/1/2013 Location of property — Actual start date(month,day,year) 2200 SR 240 E, PO BOX 494, GREENCASTLE. IN 46135 7/22/2013 Qesairtion of new le aw ring equipment,or new rem and development equipment,or new information technology Estimated completion date(month,day year) equipment,or new logistical distribution equipment to be acquired, 5/31/2014 PAINT LINE UPGRADES AND NINE (9) INJECTION MOLD MACHINES. Actual completion date(manth 12/20/2013 SECTION 3 EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL Current number of employees 97 198 * Salaries 3,942 193 00 12,395,563.00 Number of employees retained 97 97 Salaries 3,942,193.00 6,072,574.00 Number of additional employees 0 to, Salaries 0,00 6,322,969.00 SECTION 4 COST AND VALUES MANUFACTURING R&D EQUIPMENT ITT, IT EQUIPMENT _ EQUIPMENT �+ AS ESTIMATED ON SBA COST ' ASSESSED ASSESSED ASSESSED ASSESSED VALUE COST VALUE COST VALUE COST VALUE Values before project Plus: Values of proposed project 7,700,000 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 �-___�.__ __ y Plus: Values of proposed project _ 5,668,74900 880,312 ' • Less: Values of any property being replaced �— — �� Net values upon completion of project 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 I hereby certify that the representations in this statement are true Signature representative Tite i Date sigped(month day,year) i /�� _ �/r//(.t i��1C/r i S -/7/ 22 i In addition t.tiOemployees, Chiyoda employed a total of 121 temps as of 12/31/21 at a total salary of$2,687,643. Chiyoda's ieadcount was heavily impacted in 2021 due to Covid and it's, ptpn Subaru's supply chain (including the chip shortage). OPTIONAL: FOR USE BYA 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 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: 124 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• e" member Date signed(month,day,year) 11 Attested by: Designating body If he 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 r❑--�t AM F Date of hearing(month.day,year) Location of hearing PM f HEARING RESULTS(to be completed after the hearing) ❑ Approved ❑ Denied(see instruction 5 above) Reasons for the determination(attach additional sheets if necessary) - _ i I Signature of authorized member Date signed(month,day,year) Attested by: Designating body APPEAL RIGHTS tIC 6-1.1-12.1-5.9(e)1 A property owner whose deduction is denied by the designating body may appeal the designating bodys 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 50-z•__ ., COMPLIANCE WITH STATEMENT OF BENEFITS ' PRIVACY NOTICE FORM CF-1 /PP .L414:.,,:.. PERSONAL PROPERTY This form contains confidential ,r5 State Form 51765(R6/12-21) information pursuant to IC 6-1.1-35-9 and IC 6-1.1-12.1-5.6. January 1, 2022 b' -f Prescribed by the Department of Local Government Finance — —--- 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 16,2022, 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 CHIYODA USE CORPORATION PUTNAM Address of taxpayer(number and street:city,state,and ZIP code) DLGF taxing district number 2200 SR 240 E, PO BOX 494,GREENCASTLE, IN 46135 67008 Name of contact person _-- Telsphone number TIFFANY FRIARS (765 ) 653-9098 EXT 212 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Estimated start dale(month.day,year) GREENCASTLE COMMON COUNCIL 2015-7 AND 2015-10 12/1/2015 Location of property Actual start date(month,day,year) 2200 SR 240 E, PO BOX 494,GREENCASTLE. IN 46135 4/29/2016 Description of new manufacturing equipment.or new research and development equipment,or new logistical distribution equipment or new information Cttna{oQy Estimated completion date(mondR day year) 9 equipment to be acquired 9!1/2016 Thirteen (13) Injection mold machines, three (3) blow mold machines & Actual completion date(month,day,year) necessary peripheral, robot and related equipment,paint line & paint jigs. i 12/12/2017 SECTION 3 EMPLOYEES AND SALARIES i— EMPLOYEES AND SALARIES i AS ESTIMATED ON SB-1 ACTUAL Current number of employees 1 72 196 * Salaries 5.534.792.00 12,395,563 00 Number of employees retained 172 172 Salaries 5.534,792.o0 10,767,862 00 Number of additional employees 200 26 Salaries 4,400,000.00 1,627,701,00 SECTION 4 COST AND VALUES R&D EQUIPMENT LOGIST DIST IT EQUIPMENT AS ESTIMATED ON SB-1 COST ASSESSED ASSESSED ASSESSED ASSESSED VALUE COST VALUE COST VALUE COST VALUE Values before project Plus: Values of proposed project 20,437 700 00 Less: Values of any property being replaced I Net values upon completion of project ACTUAL COST ASSESSED COST ~ ASSESSED COST ASSESSED COST ASSESSED VALUE VALUE VALUE VALUE 1 Values before project Plus: Values of proposed project 22,697,68500'4,636,597 rt Less: Values of any property being replaced — Net values upon completion of project — — 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 I hereby certify that the representations in this statement are true. Signatu ed representative Title Date ionth,day,year) � sfO�w I/fL z2. I addition t employees, Chiyoda employed a total of 121 temps as of 12/31/21 at a totalsalary of$ ,687,643_ Chiyoda sheadcc s heavily impacted in 2021 due to Covid and it's impact on Subaru's supply chain (including the chip shortage). 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 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: 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• e member A Date signed(month,day,year) Attested by: — - _ JJLy �* Zo22- // Designating body / -- Cv/ZS.f1JC./.4S COoviino.i Cvit![,iL If he property owner is found not to be in substantial compliance,the property owner shall receive the opportunity for a hearing.The following date and I 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 M — El PM I HEARING RESULTS(to be completed after the!rearing) ❑ Approved ❑ Denied(see instruction 5 above) Reasons forfor the determination(attach additional sheets if necessary) ± I Signature of authorized member — i 1 Date signed(month,day,year) Attested by: Designating body APPEAL RIGHTS[IC 6-1.1-12.1-5.9(s)j A property owner whose deduction is denied by the designating body may appeal the designating bodys 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 2 774 . COMPLIANCE WITH STATEMENT OF BENEFITS PRIVACY NOTICE FORM CF-1 I PP PERSONAL PROPERTY This form contains confidential LillState Form 51765(R6 r 12-21) information pursuant to IC 6-1.1-35-9 and IC 6-1.1-12.1-5.6. I January 1, 2022 11 ., -? Prescribed by the Department of Local Government Finance 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 16,2022, 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 CHIYODA USA CORPORATION PUTNAM Address of taxpayer(number and street,oty,state,and ZIP code) DLGF taxing district number 2200 SR 240 E, PO BOX 494,GREENCASTLE, IN 46135 67008 Name of contact person Telephone number TIFFANY FRIARS (765 ) 653-9098X212 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number stimated start date(month,day,year) GREENCASTLE COMMON COUNCIL 2018-2 and 2018-3 3/8/2018 Location of property Actual start date(month,day,year) 2200 ST RD 240 E-GREENCASTLE, IN 46135 3/8/2018 Description of new manufacturing equipment,or nevi research and development equipment or new information technology Estimated completion date(month,day,year) equipment,or new logistical distribution equipment to be acquired 6/1/2020 Actual completion date(month,day,year) SEE ATTACHED 12/31/2020 SECTION 3 EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL Current number of employees I 346 158 * Salaries —._.----- 15,371,174.00 12,395,563.00 Number of employees retained — 346 198 Salaries 'S,371.174,0o 12,395,563,00 Number of additional employees 60 0 Salaries 1,435,200 00 0.00 SECTION 4 COST AND VALUES EN MANUFACTURING R 8 D EQUIPMENT r L IT EQUIPMENT AS ESTIMATED ON SB-1 COST ASSESSED ASSS VALUE COST VALUE ESSED COST VALUE ASSESSED AS VA COSTVALUE Values before project Plus: Values of proposed project 1o,000,000 00 400,000.00 100000 00 Less: Values of any property being replaced '— Net values upon completion of project — --- ACTUAL COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED VALUE �� _ VALUE VALUE VALUE Values before project Plus: Values of proposed project 9,918,163 eo 3,893.405,__,______..__ ___.__ 174,044 00 61,995 507,832 263,001 Less: Values of any property being replaced Net values upon completion of project 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 hereby certify that the representations in this statement are true. tSignature or d representative Tile Date sig ed(month,day,year) t addition t T employees, Chiyoda employe a o a o emps as of 12/31/21 at a total salary of$ Aid,t,643. t✓filyoda s- eadco s heavily impacted in 2021 due to Covid and it's impact on Subaru's supply chain (including the chip shortage). Page 1 of 2 OPTIONAL: FOR USE BYA DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WITH STATEMENT OF BENEFITS(FORM CF-1) INSTRUCTIONS: (lC 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 properly 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: (g 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 me ber Date signed(month,day,year) • Attested by: 1 Designating body e 0;1S1dL Co Mil•1061 Cons is fL If he 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 — — ❑ Phil I HEARING RESULTS(to be completed after the hearing) 0 Approved 0 Denied(sec instruction 5 above) Reasons for the determination(attach additional sheets if necessary) I 3 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 ,,,.. •a. COMPLIANCE WITH STATEMENT OF BENEFITS PRIVACY NOTICE <Iv, ; FORM CF-1 /PP PERSONAL PROPERTY This form contains confidential State Form 51765(R6/12-21) in pursuant to January1, 2022 IC 6-1.1-35-9 and IC 6-1.1-12.1-5.6. °"„-/ Prescribed by the Department of Local Government Finance 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 16,2022, 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 Chiyoda USA Corporation Putnam Address of taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number 2200 SR 240E, PO Box 494, Greencastle, IN 46135 67008 Name of contact person Telephone number Tiffany Friars (765 ) 653-9098 ext 212 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Estimated start date(month,day,year) Greencastle Common Council 2021-7 and 2021-9 06/28/2021 Location of property Actual start date(month,day,year) 2200 SR 240E, PO Box 494, Greencastle, IN 46135 06/24/2021 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. 12/31/2021 to 6/30/2022 New silos and silo pads for building 2.New process supply and return lines to increase water flow to machines in building 1.New chemical storage building.New printer and HMI screens at the presses to start using production manager in our system to be more efficient in Actual completion date(month,day,year) production scheduling.Another chiller and updates to employee breakroom. not yet completed SECTION 3 EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL Current number of employees 267 198 * Salaries 6,083,474 12,395,563 Number of employees retained 267 198 Salaries 6,083,474 12,395,563 Number of additional employees 5 0 Salaries 237,300 0 SECTION 4 COST AND VALUES MANUFACTURING R&D EQUIPMENT LOGIST DIST IT EQUIPMENT EQUIPMENT 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 850,000 210,000 Less: Values of any property being replaced Net values upon completion of project ACTUAL ASSESSED ASSESSED ASSESSED ASSESSED COST VALUE COST VALUE COST VALUE COST VALUE Values before project Plus: Values of proposed project 382,367 152,947 14,776 5,910 Less: Values of any property being replaced Net values upon completion of project 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 I hereby certify that the representations in this statement are true. Signatur d representative Title srige"irr Date sired(m nth,day,year) ' s/Jz/i2 I addition t F employees, Chiyoda employed a total of 121 temps as of 12/31/21 at a total salary of$2,687,643. Temps were inclu he company's SB-1 figures but are being separately stated ort,t ' 6F21. . 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 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: lig 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 , Date signed(month,day,year) Attested by: Designating body _ 1 Ga�I.h)cr>•sfl� Conli-n") 6ov:>✓1.JL If he 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 f Date of hearing(month.day,year) Location of hearing _ PM I _ — HEARING RESULTS(to be completed after the hearing) ❑ Approved ❑ Denied(see instruction 5 above) Reasons for the determination(attach additional sheets if necessary) i 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 ' .4,:-IF, .., COMPLIANCE WITH STATEMENT OF BENEFITS 2022 PAY20z3 FORM CF-1/Real Property �� } REAL ESTATE IMPROVEMENTS State Form 51766(R5/12-21) Prescribed by the Department of Local Government Finance PRIVACY NOTICE INSTRUCTIONS: The cost and any specific individual's 1. This form does not apply to property located in a residentially distressed area or any deduction for which the salary information is confidential;the Statement of Benefits was approved before July 1, 1991. balance of the filing is public record 2. Property owners must file this form with the county auditor and the designating body for their review regarding per IC 6-1.1-12.1-5.3(k)and(I). the compliance of the project with the Statement of Benefits (Form SB-1/Real Property). RECEIVED 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 16,2022,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 6-1.1-12.1-5.30)) MAY 1 7 2022 5. With the approval of the designating body,compliance information for multiple projects may be consolidated on one(1)compliance form(Form CF-1/Real Property). PUTNAM COUNTY AUDITOR SECTION 1 TAXPAYER INFORMATION Name of taxpayer County Chiyoda USA CORPORATION PUTNAM Address of taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number 2200 ST RD 240E, PO BOX 494, GREENCASTLE, IN 46135 67008 Name of contact person Telephone number TIFFANY FRIARS ( 765 ) 653-9098 X212 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Estimated start date(month,day,year) GREENCASTLE COMMON COUNCIL 2015-8 5/15/15 Location of property Actual start date(month,day,year) 2200 ST RD 240E, PO BOX 494, GREENCASTLE, IN 46135 3/30/16 Description of real property improvements Estimated completion date(month,day,year) CONSTRUCTION OF AN APPROXIMATELY 90-100,000 SQUARE FOOT 5/31/16 MANUFACGTURING FACILITY AND RELATED SITE IMPROVEMENTS Actual completion date(month,day,year) 12/10/17 SECTION 3 EMPLOYEES AND SALARIES EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL Current number of employees 172 198 Salaries 5,534,792 12,395,563 Number of employees retained 172 172 Salaries 5,534,792 10,767,863 Number of additional employees 200 26 Salaries 4,400,000 1,627,700 SECTION 4 COST AND VALUES COST AND VALUES REAL ESTATE IMPROVEMENTS AS ESTIMATED ON SB-1 COST ASSESSED VALUE Values before project Plus: Values of proposed project 15,000,000 Less: Values of any property being replaced Net values upon completion of project ACTUAL COST ASSESSED VALUE Values before project Plus: Values of proposed project 12,650,701 6,043,000 Less: Values of any property being replaced Net values upon completion of project 12,650,701 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 f hereby certify that the representations in this statement are true. Signature of a :..017--'epresentative Title Date signe�(month,/ day,year) ' 117 af'(''L(yL * In . ion : ` employees, Chiyoda employed a total of 121 temps as of 12/31/21 at a total salary of$2,687,643. Chiyoda's headcoun eavily impacted in 2021 due to Covid and it's inviipt Subaru's supply chain (including the chip shortage). OPTIONAL: FOR USE BY A DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WITH STATEMENT OF BENEFITS(FORM CF-1) INSTRUCTIONS: (iC 6-1.1-12.1-5.9) 1. Within forty-five(45)days after receipt of this form,the designating body may determine whether or not the property owner has substantially complied with the Statement of Benefits. 2. If the property owner is found NOT to be in substantial compliance, the designating body shall send the property owner written notice. The notice must include the reasons for the determination,including the date,time and place of a hearing to be conducted by the designating body.If a notice is mailed to e property owner,a copy of the written notice will be sent to the county assessor and the county auditor. 3. Based on the information presented at the hearing,the designating body shall determine whether or not the property owner has made reasonable effort to substantially comply with the Statement of Benefits and whether any failure to substantially comply was caused by factors beyond the control of the property owner. 4. If the designating body determines that the property owner has NOT made reasonable effort to comply,the designating body shall adopt a resolution terminating the deduction. The designating body shall immediately mail a certified copy of the resolution to:(1)the property owner;(2)the county auditor. and(3)the county assessor. We have reviewed the CF-1 and find that: lig the property owner IS in substantial compliance ❑ the property owner IS NOT in substantial compliance ❑ other(specify) Reasons for the determination(attach additional sheets if necessary) Signature of auth. ' me ber / Date' signed(month,day,year) Attested by /(/ JJL4 -7 Z�2Z Designating body !�--� _. G2s.s.1..Jc$sk. Co►vtiviOrU COL/A.)LiL If he property owner is found not to be in substantial compliance,the property owner shall receive the opportunity for a hearing.The following date and I time has been set aside for the purpose of considering compliance. Time of hearing 0 AM I�Date of hearing(month.day,year) Location of hearing —.. ❑ PM 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 — - I Date signed(month,day,year) Attested by: Designating body —„' -- — APPEAL RIGHTS[IC 6-1.1-12.1-5.9(s)j ------ ------- A property owner whose deduction is denied by the designating body may appeal the designating body's decision by tiling a complaint in the office of the cleric 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 2of2