The URL can be used to link to this page

Home My Public Portal About06-2000-6 RESOLUTION NO. 2000 - 6 ,? 1 k A RESOLUTION AFFIRMING ens CROWN EQUIPMENT CORPORATION OF COMPLIANCE WITH STATEMENTS OF BENEFITS WHEREAS, Crown Equipment Corporation 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 29, 2000 for tax abatement granted in 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 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 Crown Equipment Corporation. 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 t-t/ 4/ . "La,{i,: _ ✓,. d%.l Norm Crampton Thomas Roach mi,„/ ark N. Hammer e Rokicki Teresa Parrish Approved and signed by me this 11th day of April, 20000 at '. S'clock, p.m. Nancy A. Michael, Mayor ATT T: L \44/ iz.-- Pamela S. Jones, Clerk-Tjeasurer LJ% LU I Crown Equipment Corporation New Bremen,OH 45869 USA Mr. Bill Dory February 25, 2000 Executive Director Putnam County Development Center 2 South Jackson Street , P.O. Box 572 Greencastle, IN 46135-0572 Dear Bill: Enclosed please find copies of two CF-1 forms for Crown Equipment Corporation's two economic assistance programs. During 1999, we redesignated approximately 50 of the 67 employees from CPG to the lift truck division. These employees perform fabrication, welding, and painting for both groups, but we do not have the ability in our system to determine which division they are in at any particular point. As we discussed in December, the WAVE vehicle has not met our original expectations. Therefore, we are unsure how many employees we will be adding to the Commercial Products Group in the future. It will depend on the market acceptance of the product. As far as total employment is concerned, we are projecting 257 full-time employees by August 31 , 2000. This will fulfill our employment requirement for the first economic assistance program. In December, we spoke with Helen Humes of the Indiana Department of Commerce to determine how the State accounts for our two programs for EDGE Credit purposes. She indicated that the State views our two programs as one. Given these factors, we are requesting that the City of Greencastle also view these two projects as one, which is the way I have filed this year's form. After you review these forms, please deliver them to the City Council office. Sincerely, / ,‘-g-66 12- • Bradley mith Assistant-Secretary Enclosures • Phone:419/629-2311 Fax: 419/629-2900 crown.corn v,� ;,> State Form 44973(R2 /11-95) CF-1 - r-vllvt f Prescribed by the State Board of Tax Commissioners,1991 4I• INSTRUCTIONS: 1. Property owners whose Statement of Benefits was approved after June 30, 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 6-1.1-12.1.5.6) 2. If the deduction applies)to Real Estate and Improvements, then this form must be filed with the initial deduction application and then e. n 3. annuallyor e Manufacturing within Equipment,r the this form must beach y year w in ith Form 3h the22 ERA/PP tion is 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. 4. With the approval of the designating body,compliance information for multiple projects may be consolidated on one(1)compliance form(CF-1). . 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 L. Smith_ ( 419-629-2311 --SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY• •. , 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 and/or new manufacturing equipment to be acquired Estimated starting date 10/15/95 Estimated completion date - 3/1/96 • SECTION-3 • EMPLOYEES AND SALARIES • . •s Estimated on SB-1 Actuat_= Current number of employees -0- 21 7 rigs • -0- $6,955 ,032 Nui,,,er of employees retained N/A N/A Salaries N/A N/A Number of additional employees 254 37 Salaries 6 ,791 ,440 (over threshcl( SECTION 4 COST AND VALUES. As Estimated on SB-1 Actual ;Real Estate a provernents Costiiiiagggi,!igi5i.00.0. Assessed Value Cost Assessed Value Values before project `� ,000 ,000 1 ,007, 160 3 ,877,713 1 ,007 , 160 Plus: Values of proposed project 4 ,000 ,000 -0- 1 6o7,875 350 ,965 Less: Values of any property being replaced -0- -0- -0- -0- Net values upon completion of project 8,000 ,000 1 ,007, 160 Mattufacturm ,.::.:...:.:::.:.:.. .:.:.:...:...>....:..:.......:.;:..>. .. ,5 , 5 ,5 8 1 ,358 125 . .:..:....:......... .5....�. P .. :,.............: .. .. ..:.:.:::�:.::.:.;�. ..:.:.,R:: ::<:::: :::.. Cost _:...: Assessed Value ::;Gust.. Assessed Value Values before project -0- -0- _ -0- _ -0- Plus: Values of proposed project 15 ,000 ,000 -0- 5 ,831 ,839 2 ,017 ,540 Less: Values of any property being replaced -0- -0- -0- -0- . .. Net values upon completion of project 15 ,000 ,000 -0- 5 ,831 ,839 2 ,01 7 ,540 NOTE:1 he 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 ` • IAs Estimated on SB 11 Actual: ' - Amount of solid waste converted Amount of hazardous waste converted Other benefits: °Ns' • TAXPAYER CERTIFICATION` I hereby certify that the representations in this statement are true. Sign////& z4d f authorized repentative Title Date signed(mo., day,yr.) Assistant Secretary FOR USE OF THE 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 complied wi 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 it elude 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 State 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 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 resolutic terminating the deduction. The designating body shall immediately mail a certified copy of the resolution to: (1) the property owner;(2)the County Auditc and(3)the State Board of Tax Commissioners. We have reviewed the Cf:-1 and find that: Crown Equipment Corporation f ® 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) . nl iJ J �dc�li.\, /. cl.�c _ Nancy A. Michael, Mayor April 11, 2000 to by: J Designating body � � � amela S. Jones Clerk-Treasurer Greencastle Common Council If the property o n s 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) -, ❑ Approved n 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.