HomeMy Public PortalAbout19-1993-21 .-, RESOLUTION NO . 1993 -21 ,.,
RESOLUTION TO ABATE PERSONAL PROPERTY
TAX FOR HEARTLAND AUTOMOTIVE, INC .
WHEREAS, the Common Council of the City of Greencastle on
January 26, 1988 , by Resolution No. 1988-4 declared the following
described real estate within the City as an economic revitalization
area under the terms and provisions of I . C. 6-1 . 1-12 . 1-1 . 5 :
A part of the East half of the North East quarter of
Section 22, Township 14 North, Range 4 West of the Second
Principal Meridian in Putnam County, State of Indiana,
more particularly described, to-wit : Beginning at a
point of the East line of the North East quarter of
Section 22, Township 14 North, Range 4 West, which point
is North 0 degrees 04 minutes West 618 . 02 feet of the
South East corner of the aforesaid Northeast quarter;
thence South 89 degrees 56 minutes West 600 . 00 feet;
thence North 0 degrees 04 minutes West 543 . 05 feet to the
South right-of-way line of the Penn-Central Railroad;
thence North 62 degrees 50 minutes East 347 . 55 feet with
said South right-of-way line; thence South 0 degrees 04
minutes East 150 . 00 feet; thence North 62 degrees 50
minutes East 326 . 40 feet to the East line of said Section
22 ; thence South 0 degrees 04 minutes East 700 . 00 feet to
the point of beginning, containing 8 . 593 acres, more or
less .
ALSO, part of the Northeast Quarter of Section 22,
Township 14 North, Range 4 West, described as follows :
Beginning at a point on the East line of said quarter,
which is 19 . 97 chains North of the Southeast corner
thereof; thence North 150 feet to the South right of way
line of the Pennsylvania Railroad; thence along said
right of way line South 62-5/6 degrees West 326 .4 feet;
thence South 150 feet; thence North 62-5/6 degrees East
326 .4 feet to the place of beginning, containing 1 acre,
more or less .
Containing in all 9 . 593 acres, more or less .
and
WHEREAS, a copy of said Resolution was published pursuant to
I .C. 5-3-1, and after due publication, a public hearing was held on
March 8, 1988 ; and
WHEREAS, the Common Council of the City of Greencastle on
March 8, 1988 , passed Resolution No. 1988-10, "A Resolution
Confirming A Resolution Declaring an Economic Revitalization Area
passed by the Common Council of the City of Greencastle, Indiana,
on the 26th day of January, 1988" .
WHEREAS, pursuant to I .C. 6-1 . 1-12 . 1-4 . 5, Heartland
Automotive, Inc . on July 20, 1993 , filed its Statement of Benefits
(Form SB-1) , a copy of which is attached hereto as Exhibit "A" ; and
WHEREAS, the Common Council of the City of Greencastle,
r'` pursuant to I .C. 6-1 . 1-12 .4 . 5, has reviewed the Statement of
Benefits;
NOW, THEREFORE BE IT RESOLVED by the Common Council of the
City of Greencastle, Indiana, as follows :
1 . That the estimate of the value of the
redevelopment is reasonable for projects of
that nature .
2 . That the estimate of the number of individuals
who will be employed or continue to be
employed can be reasonably expected to result
from the proposed described redevelopment .
3 . That the estimate of the annual salaries of
those individuals who will be employed or will
continue to be employed can be reasonably
expected to result from the proposed described
redevelopment .
4 . That any other benefits about which
information was requested are benefits that
can be reasonably expected to result from the
proposed described redevelopment .
5 . That the totality of benefits is sufficient to
justify the deduction.
I
That the Common Council of the City of Greencastle, Indiana,
further RESOLVES that the deductions pursuant to I .C. 6-1 . 1-12 . 1-3
and I .C. 6-1 . 1-12 . 1-4 . 5 for Heartland Automotive, Inc . are hereby
approved.
PASSED and RESOLVED this 9th day of November, 1993 .
COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA
omas W. Roach Susan V. Murray
igild D. Calbert Michael W. Rokicki
i
/ .�n_ • /? C.•
Charles T. Mi es
Approved and signed by me this day of � 1v��,--,Odtt� 1993 at
qi,DO o' clock `j� .m.
•
Michael M. Harmless, Mayor
F)rTi-ti �t
ith Berry, Cle -Treasurer
SYNOPSIS
The Common Council declared Heartland Automotive,
Inc . , a Revitalization Area on March 8, 1988 by
Resolution Number 1988-10 . This resolution "approves"
the Statements of Benefits for Heartland Automotive,
Inc . , for equipment to be used for production of 1994
model vehicles .
Qmist\b\heartlnd.res
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