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Home My Public Portal About14-1999-14 RESOLUTION NO. 1999 - 14 n A RESOLUTION AFFIRMING H. A. PARTS PRODUCTS OF INDIANA COMPANY OF COMPLIANCE WITH STATEMENTS OF BENEFITS WHEREAS, H. A. Parts Products of Indiana Company (HAPPICO) has heretofore been granted certain tax abatements in consideration of certain benefits for the City of Greencastle; and, WHEREAS, said company has submitted a form CF-1 as of February 26, 1999 for tax abatement granted in 1992 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 Statements of Benefits as approved by the Greencastle Common Council; NOW THEREFORE BE IT RESOLVED that the Common Council of the City of Greencastle, Putnam County, Indiana, approves the CF-1 form as submitted as being in compliance with the Statements of Benefits previously filed by H. A. Parts Products of Indiana Company. BE IT FURTHER RESOLVED that this 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 Barry Bard David Masten e)/aJ K'e Green ) Thomas Roach Mark N. Hammer Approved and signed by me this 13th day of April, 19 at o'clock, p.m. Nancy A. M hael, Mayor AT E T: ,.-� Pamela S. Jones, Clerk-T surer i44rPkO H.A. PARTS PRODUCTS OF INDIANA COMPANY 2200 SR 240 East, P.O. Box 157, Greencastle, Indiana 46135 Tel.705/653-2000 Fax 765/653-2099 February 26, 1999 Mr. Bill Dory, Executive Director Greencastle Development Center 2 South Jackson Street P.O. Box 572 Greencastle, IN 46135-0572 Dear Bill: Enclosed for your records is a copy of H.A. Parts Products of Indiana Company's (HAPPICO) completed form "Compliance With Statement Of Benefits" for tax abatements related to real property. This form is required to be filed within sixty days (February 28th) after the end of each year in which the deduction is applicable. HAPPICO will deliver by hand a copy of the completed form to you, the Putnam County Auditor and the Putnam County Clerk today, February 26th. We at HAPPICO certainly appreciate that you send the forms each year and remind us the filing requirements we must meet in order to preserve our tax abatement status. Sincerely, Michael S. Burns Accouting Manager cc: Putnam County Clerk Putnam County Auditor ap._„,--\e uumrt_IANCE WITH STATEMENT OF BENEFITS FOR �( i iti State Form 44973(R2 /11-95) CF_i ' ' Prescribed by the State Board of Tax Commissioners,1991 INSTRUCTIONS: 1. Property owners whose Statement of Benefits was approved after June 30, 1991 must file this form with the County Auditor anc local Designating Body to show the extent to which there has been compliance with the Statement of Benefits. (This does not appr) property located in a residentially distressed area). (IC 6-1.1-12.1-5.6) ems 2. If the deduction applies to Real Estate and Improvements, then this form must be filed with the initial deduction application and tf 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, unles 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 1, each year. 4. With the approval of the designating body,compliance information for multiple projects may be consolidated on one(1)compliar form(CF-1). SECTION 1 TAXPAYER INFORMATION Name of taxpayer H.A. Parts Products of Indiana Company (HAPPICO) Address of taxpayer (street and number,city,state and ZIP code) 2200 State Road 240 East, Greencastle, IN 46135 Name of contact person Telephone number Mike Burns , ( 765 ) 653-2000 ext 21 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Common Council Of The City of Greencastle 1991-19, 1992-1 Location of property County Taxing district 2200 State Road 240 East, Greencastle, IN Putnam Greencastle Description of real property improvements and/or new manufacturing equipment to be acquired Estimated starting date 1991-19 New Building and Related Improvements to House 7-1-91 Machinery to Manufacture Automotive Trim. Esti gated completion date 1992-1 Injection Molding Machines, Extrusion Lines and Other 10-10-91, 1-92 SECTIONS EMPLOYEES AND SALARIES As Estimated on SB-1 Actual. Current number of employees 330 476 Salaries $6.3 Million $14.0 Millia Number of employees retained 330 Salaries 6.3 Millio: Number of additional employees 146 Salaries $ 7.7 Milliol SECTION 4 COSTAND VALUES ;, ;;�y.„, T 4 As Estimated an SB-1 Actual Meti�.; .Oh :ti..:..*MeritS .. . ..� ',;? :y , Cost Assessed Value Cost ' Assessed Value Values before project 948,470 970,970 Plus: Values of proposed project 3,000,000 600,000 756,870 Less: Values of any property being replaced •. Net values upon completion of project _,548,470 1,727,840 .a'moiouth'. .. ..:may.:.»:...:t_.;...::.;:,;<::. ..: :,;aw; : P c<; " . "'c`..:n''';• ; Cost Assessed Value Cost Assessed Value Values before project 18,089,996 3,827,790 Plus: Values of proposed project 9,000,000 1,950,000 Less: Values of any property being replaced Net values upon completion of project 5,777,790 26,795,000 3,404,165 NOTE:The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(d). SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER JAs Estimated on SB-11 Actual: Amount of solid waste convened N/A. Amount of hazardous waste converted Other benefits: /'-N, SECTION 6 • TAXPAYER CERTIFICATION I hereby certify that the representations in this statement are true. Signature of authorized representative • Title Date signed (mo..day,yr.) .�� ( . ,, ��0,J 1-- Accounting Manager 2/26/99 • • FOR-USE OFTHE DESIGNATING BODY'• INSTRUCTIONS: (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 property owner has substantially con- 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 me 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 erty owner for new manufacturing equipment,a copy of the written notice shall be sent to the State Board of Tax Commissioners. 3. Based on the information presented at the hearing,the designating body shall determine whether or not the properly owner has made reasonable of 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 reso terminating the deduction. The designating body shall immediately mail a certified copy of the resolution to: (1)the property owner;(2)the County AL 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 authorized member Date signed (month,day,year) Attested by: Designating body If the property owner is found not to be in substantial compliance, the property owner shall receive the opportunity for a hearing. The following date and time has been set aside for the purpose of considering compliance. Time of hearing Date of hearing Location of hearing ❑AM ❑PM HEARING RESULTS(to be completed after the hearing) 111 ❑ Apprbaed ❑ 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 APPEAL RIGHTS[IC 6-1.1-12.1-5.9(e)] 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.