HomeMy Public PortalAbout19-1997-21 •
RESOLUTION NO. 1997-21
A RESOLUTION AFFIRMING WAL MART STORES, INC.
COMPLIANCE WITH STATEMENT OF BENEFITS
WHEREAS, the Wal Mart Stores, Inc., 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 March 4, 1997; 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 Wal Mart Stores, Inc., 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-1 with the Putnam County
Auditor.
COMMON COUNCIL OF THE CITY OF GREENCASTLE
Bar�ynard' David Masten
Kie Gr en Thomas W. Roach
/1,
/
Ma N. Hammer
Approved and signed by me this /3day of , 1997, at tV-0
o'clock. p.m.
Nancy A. M' hael, Mayor
ATTEST:
Pamela S. Jones, Clerk- re rer
resol\97-21
/ 0/
REVIEW OF CF-1 FORM FOR COMPLIANCE WITH SB-1,
STATEMENT OF BENEFITS FORM
(FOR INTERNAL REVIEW ONLY)
FIRM: d� /5�
DATE: 5/7/97
DATE OF SB-1: 70//7h9
RESOLUTION NUMBERS: /171 '2-/
INVESTMENT PERIOD:
ACTIVITY PROMISES ACTUAL
ON SB-1 PROGRESS
JOB CREATION: 35
Gild oz)
JOB RETENTION: -/ Aw'r"--72,4,4
SALARIES - CREATION: '176.Zcrec
SALARIES - RETENTION:
REAL ESTATE INVESTMENT:
PURCHASE:
RENOVATION/EXPANSION: #4?�a 4 ,375, ?3.3
EQUIPMENT INVESTMENT: / j '0,45C
IS FIRM IN COMPLIANCE: 4111, NO
PREPARE RESOLUTION: NO
COUNCIL MEETING: 51/3/7
r ,t 4aa 4- S
/76 G0 -7 760.100-5 �/� S67 o¢*' c r9Y�ss�'L1f.5
v n n• 5 n 53 6385
MA�-Fro-199 r Bo•4.: �1 r 6.:� � P.07
�t fik COMPLIANCE WITH STATEMENT OF BENEFITS FORM
�' ..
: • y State Form the4973 State CSC// r
CF-1
��::t / Prescribed by the State Board of Tax Commissioners.1991
e The records in this series are CONFIDENTIAL according to IC 6•1.1.35.9.
INSTRUCTIONS: 7. Properly owners whose Statement of Benefits was approved after July 1, 1991 must file this form with the County Auditor and the
local Designating Body to show the 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.t-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 who obtains a filing extension must file between March 1 and June 74
of each year.
.SECTION I.: ".,---• .•-: _ .=" ::=•:TAXPAYERINFORMATiO,N • -
Name of taxpayer
W AL.-rimR 1 io�'E s ' ,(Jc . .
Address of taxpayer(street and number,city,stag and ZIP code)
/ o/ 5, E. // ' , r EPA 6go/3 . ,t9&-A,(7.fl vi L.L 6 & 7a 7/4, -dc2 3
Nape of contact person / ) 'Telephone number i&AIWL c a
.0AInLZ) I /) 77-//5l/
SECTION a•_ • -: • •_ '• .- 1. 1..14,1D DESCRIPTION OFPROPERTY _ . - •
me of designating body au/eel Resolution n mber
UWEEglt,c 7 s /2� / 4- I9i .2/
Location of property Cou Taxing district
3 3 3 7�,J7 Z r� /ur4A67Z E Zv ii3.i fii 77u 9-i77 ,P iu' sTcs-•&i 1`y
Description of real property improvements and/or new.rlanufactunng equipment to be acquired Estimated starting date
az..74 /z 1 /5`
I1Vv: //Alq T_ C 97DPE� )T 199 rl Estimated completion Bate
t///VVV /T /U / /T�J J7� / /7 / ti7/9 / /9p5
As Estimated on SB-1 -'Actual.- .----:•':
SECT'ION3.•• . - EMPLOYi�SANQSAt.ARiES • -- _:� '--.- : . , �
f 60
Current number of employees �5 rJ,C la"31-�/0 iP
Salaries A, of J.C-3/-96= f 3/.�lo� /-0 7
Number of employees retained
Salaries
Number of additional employees
it. Salaries I
SECT iON 4 • - COSTAND VAUJES .- • As Estimated.on SB 1- ..:. • . - Actual • -
:;RealEstateand Improvements '•:: "" 'x Cost Assessed Value Cost Assessed Value
Values before project 4co5r'A'7 9 /44. 10(, /S 0 ` c,fi'Svg73 ' /b/. , (p60
Plus: Values of proposed project i2.7 , /)O d�_ y .=375, 932 ,' Z(o/, O/e)
Less: Values of any property being replaced .L
• Net values upon completion of project 53,. 5.??7 9 g /lad. (v G o 5 31 S1// is g.i 7J l e)
Manufacturing Equipment -- -:- - COS, 'Assessed Value ii/Cot Assessed Value
Values before project
A .
Plus: Values of proposed project
Less: Values of any property being replaced P
Net values upon completion of project
r SECTION 5 . •- OTHER BENI:P U 5 PROMISED BY TAXPAYER . _ -_ • As Estimated on SB-1� Actual'
j
/E EX M JS/o,s/ RLLoce S ug To tl ed 1;d/t/ A. i tV 14/41,1EZ ZetIEL
of alagiZynkie SERUtd.Et and in d',n3 34 helped /l7RX/,TJ,ZE
` p tin JLA6,Qfli 7' ME 3-7;i2Es, 771.5 helped ,nSu'E Lo.vy iLe,n
vi ebe i L.t ry of 77/E 2E4 7E,p.
SECTION 6 • TAXPAYER CERTIFICATION ' •- • - - - -
I hereby certify that the representations in this statement are true.
Si re of authorized r ese tative Title Date signed(mo.,day,yr.)
,k 1 fkofkiery /Ry alALI sl 3 it - 9�
MAY—08-1997 08:46 317 653 6385 S5,,, P.08