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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