HomeMy Public PortalAbout07-2000-7 RESOLUTION NO. 2000 - 7
A RESOLUTION AFFIRMING
CROWN EQUIPMENT CORPORATION- COMMERCIAL PRODUCTS GROUP
OF COMPLIANCE WITH STATEMENTS OF BENEFITS
WHEREAS, Crown Equipment Corporation- Commercial Products Group 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 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 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 -
Commercial Products Group.
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
Norm Cr mpton t� Thomas Roach
(7
Mark N. Hammer Mi e Rokicki
Teresa Parrish
Approved and signed by me this 11th day of April, 2000 at '.::o'clock, p.m.
,la_ite,/ a /47(citfix
Nancy A. Michael, Mayor
AT ST:
Pamela S. Jones, Clerkreasurer
LJ \VU I 1
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,
Bradley X
mith
AssistantSecretary
Enclosures
Phone:419/629-2311
Fax: 419/629-2900
crown.com
L; � ... ... v Art's-mitt I La- ociN l i
�i •• ,! j= State Form 44973(R2 /11.95) FORM
�+ Prescribed by the State Board of Tax Commissioners, 1991 CF-y
to,•
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
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.
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 INFORMAiiON • .
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 1997-5
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
February 1997
Estimated completion date
Fall 1999
SECTIONS - . .: • . EMPLOYEES AND SALARIES S afS
Cent number of employees Gmated on SB-1 Actual.
-0- 15
Jaries -0- $684,616
Number of employees retained N/A N/A —
Salaries N/A N/A
Number of additional employees 200 Unknown
Salaries 5 ,600,000/yr. Unknown
SECTION 4 COST AND VALUES • - •As Estimated on SB-1 - -`
Actual - ,.
aiiitsta Z .r ro tt eltts a
. .:Cost ,;. Assessed Value Cost Assessed Value
Values before project ��`. -0- -0- -Q -0-
Plus: Values of proposed project 5 ,000,000 -0- 570,773 72,600
Less: Values of any property being replaced -0- -0- -0- -0-
Net values upon completion of project 5,000 ,000 -0- 570,773
72,600
. [firm cn emtelit r a:? :a::.<:;.
P ..:..: . <::., <:,:..:..�;>.:;:,: .?s .'..,:,::Cost-.;::...,- ;,> Assessed Value `: .. :;Cost Assessed Value
Values before project -0- -0- -0- Not broken
Plus: Values of proposed project 10,000 ,000 -0- 807, 150 out separateljy
Less: Values of any property being replaced -0- -0- -0- by the County
Net values upon completion of project 10 ,000,000 -0- 807, 150 Assessor j
NOTE:The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(d). 1
SECTION 5- WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER •RAs Estimated on 5611 - -` Actual-
Amount of solid waste converted i
I
Amount of hazardous waste converted
Other benefits: —
—{1 I
ON 6 TAXPAYER CERTIFICATION -- - -
I hereby certify that the representations in this statement are true.
Signatu of authorized rep sentative Title Date signed(mo., day,yr.)
` n
////_T/L, ?•ta Assistant Secretary