HomeMy Public PortalAbout12 - 2022-12 - PHOENIX CLOSURES & CUATRO COMPLIANCE WITH STATEMENT OF BENEFITS RESOLUTION NO. 2022 - 12
COMMON COUNCIL OF THE CITY OF GREENCASTLE
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 May 16, 2022:
CF-1/PP for tax abatement on equipment granted in 2011,
CF-1/PP for tax abatement on equipment granted in 2021, and,
CF-1/RE for tax abatement on a facility investment 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.
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 ody rt
46(zuk :6(09A4444(i'k
ammer acie L
v'd Mµrrax V
Darrel Thomas
Approved and signed by me this 7th day of July 2022 at -1'04 p m. o'cloc
ATTE . (dMaorJ
yn a R. Dunbar, Cler - reasurer
•
4. . COMPLIANCE WITH STATEMENT OF BENEFITS PRIVACY NOTICE FORM CF-1 !PP
- . PERSONAL PROPERTY This form contains confidential
! State Form 5�765 R6/12-21 information pursuant to
' t ) January 6-1.1-35-9 and IC 6-1.1-12.1-5.6. 1,2022
ti\-----l 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 maybe consolidated on one(1)compliance(CF-1).
SECTION 1 TAXPAYER INFORMATION
Name of taxpayer A . County
Phoenix Closures, Inc. R E G E z `'4 >E Putnam
Address of taxpayer(number and street,city,state,and ZIP code) DLGF taxing district number
1899 High Grove Lane, Naperville, IL 60540 APR 1 4 2022 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
Current number of employees 130
Salaries 7,200,000
Number of employees retained 130
Salaries 7,200,000
Number of additional employees 90
Salaries 3,900,000
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 15,930,000 350,000
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
Less: Values of any property being replaced
Net values upon completion of project 27,908,000 500,000
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 authorized repr tative Title Date signed(month,day,year)
t tit'i1l„ /Y� CFO L4/11/2022
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:
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 ' e�ber Date signed(month,day,year)
[////� Jr v Ly `? ` Zo2Z 1
Attested by Designating body
G2£s:nJci.s Co COc1il/c_/L-
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) 1 Location of hearing
❑PM
HEARING RESULTS(to be completed after the hearing)
0 Approved 0 Denied(see instruction 5 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)1
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 PRIVACY NOTICE FORM CF-1 I PP
PERSONAL PROPERTY This form contains confidential
aQ,t'!.''' information pursuant to
State Form 51765(R6/12-21) 1, 2022
< Prescribed by the Department of Local Government Finance IC 6 1.1-35 9 and IC 6-1.1-12.1-5.6.
January
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 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
i 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 2021-05 and 2021-06 6/1/2021
Location of property Actual start date(month,day year)
2000 S. Jackson Street, Greencastle, IN 46135 5/1/2021
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
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)
12/31/2021
SECTION 3 EMPLOYEES AND SALARIES
EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL
Current number of employees 130
Salaries 7,200,000
Number of employees retained 13o
Salaries 7,200,000
Number of additional employees 127
Salaries 6,996,000
SECTION 4 COST AND VALUES
MANUFACTURING R&D EQUIPMENT LOGIST DIST IT EQUIPMENT
EQUIPMENT EQUIPMENT
COST ASSESSED ASSESSED ASSESSED ASSESSED
AS ESTIMATED ON SBA COSTCOST VALUE COST VALUE COST VALUE
Values before project 36,000,000
Plus: Values of proposed project 6,800,000
Less: Values of any property being replaced
Net values upon completion of project 42,800,000
ACTUAL ASSESSED ASSESSED ASSESSED ASSESSED
COST VALUE COST VALUE COST VALUE COST VALUE
Values before project 36,000,000
Plus: Values of proposed project 3,019,198
Less: Values of any property being replaced
Net values upon completion of project 39,019,198
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 f authorized repr entative Title Date signed(month,day,year)
lk� � �Q ��� CFO 4/11/2022
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(95)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;
24 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)
Attested by: Designating body
CRcl.nJCi45CI v L Co un ,od Cov <
:'j <,L
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 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) v.
� 1
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
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 2 of 2
i a COMPLIANCE WITH STATEMENT OF BENEFITS 2022 PAY 2023
..i T;4 REAL ESTATE IMPROVEMENTS
7 State Form 51766(R5/12-21) FORM CF-1 I Real Property
Prescribed by the Department of Local Government Finance
I 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). RE
C E R , h} D
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 APR 1 4 2022.
return that is filed in the township where the property is located. (IC 6-1.1-12.1-5.3Q))
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 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
es iption.of a property improvementsEstimated completion date(month,day,year)
e urbisn rrmer O Oxford Automotive plant into a food-quality manufacturing 06/30/2012
plant and distribution center. Expand the plant by 50,000 sq. feet. Actual completion date(month,day,year)
07/15/2012
SECTION 3 EMPLOYE 'AND SALARIES
EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL
Current number of employees 130
Salaries 7,200.000
Number of employees retained 130
Salaries 7,200,000
Number of additional employees 90
Salaries 3,900,000
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 2,272,000
Plus: Values of proposed project 13,522,009
Less: Values of any property being replaced
Net values upon completion of project 15,022,000
ACTUAL COST ASSESSED VALUE
Values before project 1,500,000
Plus: Values of proposed project 12,836,758
Less: Values of any property being replaced
Net values upon completion of.roject 14,336.758
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 authorized repre e tive Title Date signed(month,day year)
"Iltte-"ti ��� �__ CFO 4/11/2022
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:
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• me ber Date signed(month,day,year)
Attested by: `/tJ// Z* Z c)L7
Designating body
/41- &2c.fn1Cf4sL Co.viinDed Coc-wc,/L
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 a AM Date of hearing(month,day,year) ]Location of hearing
- 0 PM IHEARING RESULTS(to be cotnpteted 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(e)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 2of2