HomeMy Public PortalAbout13-2000-13 RESOLUTION NO. 2000 - 13
,•—. 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 May 4, 2000 for tax
abatement on new equipment 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 H. A. Parts Products of Indiana
Company.
BE IT FURTHER RESOLVED that this Resolution of the Greencastle Common Council
0111 be made a record and filed along with the CF-1 with the Putnam County Auditor.
CLO COMMON COUNCIL OF THE CITY OF GREENCASTLE
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Norm Crampton ° Thomas Roach
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ark N. Hammer Mike Rokicki
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Teresa Parrish
Approved and signed by me this 9th day of May, 2000 at SIro'clock, p.m.
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Nancy A. MiMhael, Mayor
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Pamela S. Jones, Clerk-T asurer
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a "•_---78\ LuMPLIANCE WITH STATEMENT OF BENEFITS
1 "" State Form 44973(R2 /11-95) FORM
4•filip•�e�e Prescribedby the State Board of Tax Commissioners,1991CF-1
INSTRUCTIONS: 1. Property owners whose Statement of Benefits was approved after June 30, 1991 must file this form with the County Auditor and t
local Designating Body to show the extent to which there has been compliance with the Statement of Benefits. (This does not apply
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 th,
annually within sixty(601days 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
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
each year.
4. With the approval of the designating body,compliance information for multiple projects may be consolidated on one (1)compliant
form(CF-1).
• SECTION 1
TAXPAYER INFORMATION
Name of taxpayer
H.A. Parts Products of Indiana Company
Address of taxpayer(street and number,city,state and ZIP code)
2200 SR 240 E. , Greencastle, IN 46135
Name of contact person
Michael S. Burns Telephone number
( 765 ) 653-2000 ext 211
SECTION 2 • - -- LOCATION AND DESCRIPTION OF PROPERTY
Name of designating body _ _
Common Council — City of Greencastle Resolution umber
Location of property 997—l2
2200 SR 240 E. , Greencastle, IN County Taxing district
Putnam Greencastle City
Description of real property improvements and/or new manufacturing equipment to be acquired
Estimated starting date
New paint manufacturing facility to include buildin June, 1997
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and automated paint lines and ovens. Estimated Novembecompletion date
r, 1997
SECTION 3 "EMPLOYEES AND SALARIES •
As Estimated on SB-1 Actual`" sent number of employees
salaries 522 473
Number of employees retained 11 ,300,000 12,500,000
Salaries 522 473 _
Number of additional employees 11 ,300,000 12,500 ,000
Salaries
SECTION 4 . COST AND VALUES As Estimated on SB-1
...]E ...;3.,:Et ,� tf a ;�._:, f -...::.. ....:....,.....:.•..:.:,,:.>
t Cost Assessed Value
Actual :
Cost,,.. Assessed Value
Values before project 12,994,83.E
12 ,994,836 -
Plus: Values of proposed project 2,000,000 1,692,725
Less: Values of any
property being replaced
Net values upon completion of project 14,994,836
:tUlannf�cturm. E; mein` ... ,>.,:...:,;:::.::>.::::.:.:...:.:.:;•:.:::. ...:....... . , 7,561
::::::::::::::::: Assessed Value ;::>:::::>:::;::;::::::" ..,.....;;::::::::::<.:::.::•
.,... ..:.; :::;.::.:::::. :::::,;::;:;;;::C4si<:::>:<::::>:::;:>::<< Assessed Value
Values before project 38,619,692
ro 26,794,617
Plus: Values of
proposed project - 4,000,000 3,973,678
Less: Values of any property being replaced —
Net values upon completion of project 42,619 ,692
NOTE:The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(d). 29,751,043
. SECTION 5 , WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER lAs Estimated on SB-1J Actual
Amount of solid waste converted
Amount of hazardous waste converted
Other benefits: _
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.)
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i 1 �C- •iC Accounting Manager May 4, 2000