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HomeMy Public PortalAbout12-1998-12 . . _ 4 sr A r 7 Ni Lt-i 'tiv, '~ RESOLUTION NO. 1998-12 A RESOLUTION AFFIRMING CROWN EQUIPMENT CORPORATION (Original Project) OF COMPLIANCE WITH STATEMENT OF BENEFITS WHERAS, Crown Equipment Corporation, 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 1, 1998; 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, approval of the CF-1 as submitted as being in compliance with the Statement of Benefits previously filed by Crown Equipment Corporation. BE IT FURTHER RESOLVED the the Resolution of the Greencastle Common Council be made a record and filed along with the CF-1 with the Putnam County Auditor. COMMON COUNCIL OF THE CITY OF GREENCASTLE n ;. 67, 1 1, `/f tA /' ta. i4i Barry B,Iynard David Masten c2Li % Ki Green Thomas W. Roach Mark N. Hammer Approved and signed by me this HILL-of AApri/1l998 at 9:5-' o'clock, p.m. 0,tom Nancy A. ichael, Mayor A T: vv e"' 6_,f)l-e-J-c,__-*/d )2-e-1/ Pamela S. Jones, dereasurer -7�� COMPLIANCE WITH STATEMENT OF BENEFITS ���7�5f '= FORM i�rti.,�- , i 1 State Form 44973(11-91) CF-1 • 'y Prescribed by the State Board of Tax Commissioners.1991 "�� ,.." The records in this series are CONFIDENTIAL according to IC 6-1.1-35-9. '— cTRUCTIONS: 1. Property 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 properly 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 who obtains a filing extension must file between March 1 and June 14 of each year. SECTION 1• TAXPAYER INFORMATION - Name of taxpayer Crown Equipment Corporation Address of taxpayer(street and number, city, state and ZIP code) 40 South Washington Street, New Bremen, Ohio 45869 Name of contact person Telephone number Bradley Smith (419 ) 629-2311 SECTION 2 -_ --_LOCATION AND-DESCRIPTIONOFPROPERTY- `------- ----——�- Name of designating body Resolution number Greencastle City Council 1995-19 1995-20 Location of property County Taxing district 2600 State Route 240 Greencastle Putnam Greencastle City Description of real property improvements andior new manufacturing equipment to be acquired Estimated starting date 10/15/95 Estimated completion date 3/1/96 ECTION 3 EMPLOYEES AND SALARIES •s Estimated on SB-1 • Actual ;.rent number of employees -0- 1 42 Salaries -0- 3 ,697, 170 Number of employees retained N/A N/A Salaries N/A N/A Number of additional employees 254 1 1 2 1 Salaries 6,751 ,44o 3 ,094,270 .SECTION 4 COST VALUES As Estimated on SB t - • - - Actual Real Estate and Improvements_ _ Cost Assessed Value Cost Assessed Value i Values before project 4,000,000 1 ,007, 160 3 ,877,713 1 ,007, 160 Plus: Values of proposed project 4,000,000 -0- 1 ,557,865 150,960 Less: Values of any property being replaced -0- -0- -0- -0- Net values upon completion of project 8,000,000 1 ,007, 160 5,435,578 1 , 158, 12o ManutacturingEquipment Cost Assessed Value Cost Assessed Value • Values before project -0- -0- -0- -0- Plus: Values of proposed project 15,000,000 -0- 2, 110.662 604 ,160 Less: Values of any property being replaced -0- -0- -0- -0- Net values upon completion of project 15,000,000 -0- 2. 110.662 ! 604, 16o ••SECTION 5 • OTHER BENEFITS PROMISED BY TAXPAYER - . • ._ ". -JAs Estimated on SB-1);': . Actual • ,e-- SECTION6 . - ..` 'TAXPAYER CERTIFICATION . !- . - - . - .-- .. _ I hereby certify that the representations in this statement are true. i Signatur f authorized repr entative Title Date signed(mo.,day,yr.) i Assistant Secretary 2/24/98 FOR USE OF THE DESIGNATING BODY " STRUCTIONS: (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 properly owner has substantially complied wit 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 in dude the reasons for the determination and the date, time and place of a hearing to be conducted by the designating body. If a notice is mailed to a pro' erty owner for new manufacturing equipment,a copy of the written notice shall be sent to the Stag Board of Tax Commissioners. 3. Based on the information presented at the hearing, the designating body shall determine whether or not the property owner has made reasonable effort t substantially comply with the Statement of Benefits. 4. If the designating body determines that the property owner has NOT made reasonable effort to comply, then the designating body shall adopt a resolutio, terminating the deduction. The designating body shall immediately mail a certified copy of the resolution to: (1)the property owner:(2)the CountyAuditoi and(3)the State Board of Tax Commissioners. 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 o zed memb D ;e signed (month,day,year) Ziati-V. "plee- I Attested y: Desi atin body , If the property owner is found not t in substantial compliance, the property ner shall receive the opportunity for a hearing. The _ following date and time has been set aside for the purpose of considering compliance. I Time of hearing Date of hearing Location of hearing ❑AM ❑PM HEARING RESULTS(to be completed after the hearing) ❑ Approved _ Denied (see instruction 4 above) Reasons for determination (attach additional sheets if necessary) • Signature of authorized member Date signed (month,day,year) • • 'Attested by: Designating body I 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 body's decision by filing a complaint in the office of the 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.