HomeMy Public PortalAbout14-1995-14 RESOLUTION NO. 1995-14
411 A RESOLUTION AFFIRMING H. A. PARTS PRODUCTS
OF INDIANA CO. (HAPPICO)
COMPLIANCE WITH
STATEMENT OF BENEFITS
WHEREAS, The H.A. Parts Products of Indiana Co. (HAPPICO) ,
has heretofore been granted certain tax abatement in consideration
of certain benefits for the City of Greencastle; and,
WHEREAS said company has submitted Form CF-1 as of May 26,
1995 ; and,
WHEREAS the Greencastle Common Council has reviewed the CF-1
form, a copy of which is attached hereto, and has found compliance
with the Statement of Benefits as approved by the Greencastle
Common Council ;
NOW THEREFORE BE IT RESOLVED by the Common Council of the City
of Greencastle, Putnam County, Indiana, approve the compliance with
the Statement of Benefits filed by H.A. Parts Products of Indiana
Co. (HAPPICO) , an Indiana Company as submitted.
BE IT FURTHER RESOLVED that the Resolution of the Greencastle
Common Council be made of record and filed along with the CF-i with
the Putnam County Auditor.
411
PASSED AND RESOLVED by the Common Council of the City of
Greencastle at its regular meeting this 11th day of July, 1995 .
COMMON COUNCIL OF THE CITY OF GREENCASTLE,
INDIANA
Thomas W. Roach Susan V. Mu ray
•
Jerald D. ,,,Calbert M chael W. Rokicki
ik i ✓ I s/c1/4 /
Charles T. Miles
Approved and signed by me this llth day o Jul , 199 at 47, /0
o' clock p .m.
Michael M. Harmless, Mayor
ATTEST: /&4 ,� V-
0 Donald L. Weaver,s Clerk-Treasurer
gr/b/res95.14
(7" COMPLIANCE WITH STATEMENT OF BENEFITS �`N, red r�yn�� FORM
State Form 44973(ti/10-93)) a����r��i � CF-1
1\ Prescribed by the State Board of Tax Commissioners,1991 C. I -k-T�Seis-4 Y
/17
`- i� TNlygs—
NSTRUCTIONS: . 1. Property owners whose Statement of Benefits was approved after July 1, 1991 must file this form with the County Auditor and the
.0,\ local Designating Body to show'he extent to which there has been compliance with the Statement of Benefits. (This does not apply to
property located in a residentially distressed area). (IC 6-1.1-12.1-5.6)
2. If the deduction applies to Real Estate and Improvements, then this form must be filed with the initial deduction application and then
annually within sixty(60)days after the end of each year in which the deduction is applicable.
3. For New Manufacturing Equipment, this form must be filed with Form 322 ERA/PP between March 1 and May 15 of each year. unless
a filing extension under IC 6-1.1-3.7 has been granted. A person wno obtains a filing extension must file between March 1 and June 14
of each year.
SECTION t TAXPAYER INFORMATION
Name of taxpayer
H. A. Parts Products of Indiana Co. (HAPPICO)
Address of taxpayer(street and number,city,state and ZIP code)
•
2200 SR 240 East, Greencastle, IN 46135
Name of contact person I Telephone number
Mike 3u rn s ( 317 ) 653-2000
1 SECTION2 OCATION ANU DESCRIPTION OF PROPERTY-
Name or aestgnaung body i Resotution number
Common Council of the City of Greencastle 1992-1
Location of property !County Taxing oistnct
2200 SR 240 East, Greencastle Putnam I Greencastle
cescrnption or real property improvements and/or new manuiacturtng equipment to oe accuired Estimated starting Gate
injection molding machines, extrusion lines, and other equipment for
automotive trim Estimated comoletion gate
1/92
SECTION 3 EMPLOYEES AND SALARIES As Estimated on SB-1 Actual
1t number at employees J 3 I T^.4tl
Saianes 6.3 mill i o n ,y',N,if......,--
lumber of employees retained 330
Salaries ;SS. 3 million , .
`dumber of additional employees 150 /
Salaries !$. .7 million s./ .K.LI...,,-+ •
CTION 4 COST AND VALUES. As Estimated on SB-1 Actual
- : Est ateandimprawements Cost Assessed Value Cost Assessed Value
Values aetore protect
Plus: Values of proposed protect
' Less: Values of any property being replaced
' Net values uoon completion of oroiect
INInufactueniff Equipment Cast Assessed Value Cost Assessed Value
Values before protect I 18,08' ,996 3,327,/90 I IV,Z8b,dro 1,3 2,110
Plus: Values of proposed protect I 9,000,000 1,950,000 ! 9,483,926 1,738,720
Less: Values of any property being replaced !
Net values upon completion of protect I 5,777 ,790 i 13,570,330
OTE:The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(d).
SECTION 5 OTHER BENEFITS PROMISED BY TAXPAYER IAs Estimated on SB-1` Actual
,
d ECTION 6 TAXPAYER CERTIFICATION
t hereby certify that the representations in this statement are true.
ligrature of authonzed representative 'Title 'Date signed (mo.,Jay,yr.)
RECEIVED N � 'i 99!
Oil NAME: H.A. Part Products of Indiana, Inc. LD. NUMBER: 38-2784741
d/b/a HAPPICO
ADDRESS: 2200 State Road 240 East TOWNSHIP: Greencastle- City
Greencasde, IN 46135
COUNTY: Putnam
STATEMENT CONCERNING APPLICATION FOR
EXTENSION OF TIME TO FILE
INDIANA BUSINESS TANGIBLE PERSONAL PROPERTY TAX RETURN
The taxpayer identified above is obtaining information needed for the completion of Business
Tangible Personal Property Tax Returns, Forms 103 and 104. A 30-day extension of time to file
is hereby requested, resulting in an extended due date of June 14, 1995. Please return the
approved extension in the pre-paid envelope enclosed herewith.
��.6,e :i ,-z.e-' ' r-( %:/ aj
Signature of Officer'or Agent Date
Coopers &Lybrand
2900 One American Square, Box 82002
Indianapolis, MI 46282-0002
13-5218870
(317) 639-4161
Extension Approved to June 14, 1995 b/ z674.,c./ --J:
f '
Date-77'?,> ,./, /%'s
s
HAPPICO
March 1, 1995
Property Tax Abatement
Compliance With Statement of Benefits
True Tax Assessed
Cost Value Value
Total Depreciable Assets 35,641,508 13,393,675 4,464,560
Less: 3/1/95 Additions (1,497,285) (449,186) (149,730)
(2,785) (1,114) (370)
(4,723,905) (1,889,562) (629,850)
Less: 3/1/94 Additions (80,411) (2,412) (800)
(28,802) (16,017) (5,340)
(538,219) (322,931) (107,840)
Less: 3/1/93 Equipment Covered
by Statement of Benefits (9,483,926) (5,216,159) (1,738,720)
Remaining M&E 19,286,375 5,496,294 1,332,110
05/18/95