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HomeMy Public PortalAbout21-2002-21 RESOLUTION NO. 2002 - 21 Nkit . ►i c �,.. A RESOLUTION AFFIRMING HEARTLAND AUTOMOTIVE LLC (2000 Expansion) OF COMPLIANCE WITH STATEMENTS OF BENEFITS WHEREAS,Heartland Automotive LLC has heretofore been granted certain tax abatements in consideration of certain benefits for the City of Greencastle; and, WHEREAS, said company has submitted a from CF-1 as of April 12,2002 for tax abatement granted in 2000; 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 Heartland Automotive LLC. BE IT FURTHER RESOLVED that this Resolution of the Greencastle Common Council be made a record and filed along with the CF-1 form with the Putnam County Auditor. PASSED by the Common Council of the City of Greencastle at its regular meeting this 14th day of May, 2002. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA //e.:Z\ Mar N. Hammer Joe M. eic ty� Thomas W. Roach Mi e Rokicki Thic,LA e�- Robert Sedlack Approved and signed by me this 14th day of May, 2002 at 44 p.m. o'clock. r Nancy A. chael, Mayor ATT ST. Pamela S. Jones, Clerk-Tre sur _cr.:-_+�,`4 COMPLIANCE WITH STATEMENT OF BENEFfTS -FORM- z ..!' .f3`t; State Form 44973(R4/12-01) 1 CF% yew <' Prescribed by the Department of Local Government Finance 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) ''''''1 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 or New Research and Development Equipment:this form must be filed with Form 322 ERA/PP,ME, or R and DE respectively between March 1 and May 15 pf 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 the extended due date 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 HEARTLAND AUTOMOTIVE, LLC - Address of taxpayer (street and number,city,state and ZIP code) 300 SOUTH WARREN DRIVE GREENCASTLE IN 46135 Name of contact person Telephone number Ron Davis (765) 653-4263 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number GREENCASTLE COMMON COUNCIL 2000-18 Location of property 3 0 0 SOUTH WARREN DRIVE County Taxing district GREENCASTLE IN 46135 PUTNAM CITY GREENCASTLE Description of real property improvements and/or new manufacturing equipment,or new research and development Estimated starting date equipment to be acquired 0 7/01/2 0 0 0 132,000 SQ. FT. EXPANSION Estimated completion date SEE ATTACHED LIST FOR EQUIPMENT 07/01/2002 SECTION 3 EMPLOYEES AND SALARIES As Estimated on SB-1 Actual Current number of employees 358 360 Salaries 10,850,000 11,084,486 ,,"� Number of employees retained 358 358 Salaries 10,100,000 10,850,000 Number of additional employees 150 2 fir. Salaries 3,120,000 234,486 ,' SECTION 4 COST AND VALUES Real Estate and Improvements Machinery&Equipment Research&Development Equipment As Estimated on SiB- C..; � r 7— Assessed Value G Assessed Value �: Assessed Value e.... Values before project1111111111111 17,4 4 4,4 0• Plus:Values of proposed project 6,000,001 21,000,00e Less:Values of any property being replaced -_-_ Net values upon completion of project 111E000101 38,444,408 —■ Actual •i Assessed Value Assessed Value ° _< ' Assessed Value Values before project MEMOCCE 1,013,4 7•To BE P •l/I 'i • FO Plus:Values of proposed project Less:Values of any property being replaced -- OR R F Ai, Ex - c -_ Net values upon completion of project - 1 E7 OH LE-F I . t?f ,T E I, 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 As Estimated on SB-1 Actual Amount of solid waste converted Amount of hazardous waste converted Other benefits: s••• SECTION 6 TAXPAYER CERTIFICATION I hereby certify that the representations in this statement are true. Signature of authorized represe ve Title Pre S 1-e N t Dateigned ( ,day,yr. 4t7 C� /Z t o i4 1)R03.ECT NOT YET cot-IPL.ETE Form CF-1,page 1-Copyright 0 2002 DIS.Inc. Client/Loc FOR USE OF THE DESIGNATING BODY INSTRUCTIONS: (IC 6-1.1-12.1-5.9) �..� Within Tory-five(45)days after receipt of this form,the designating body may determine whether or not the propery owner has substantially complied with the Statement of Benefits. t. 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 include 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 property owner for new manufacturing equipment and/or research and development 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 to 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 resolution terminating the deduction. The designating body shall immediately mail a certified copy of the resolution to:(1)the properly owner;(2)the County Auditor; 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) ff....Vested 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 DAM ❑PM HEARING RESULTS (to be completed after the hearing) Approved Denied (see insruction 4 above) Reasons for determination (attach additional sheets if necessary) Signature of authorized member Date signed (month,day,year) Attested by: Designating body /kn.\ APPEAL RIGHTS(IC 6-1.1-12.1-5.9(e)) .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. • Form CF-1,page 2-Copyright©2002 DIS,Inc. CtientlLoc "- -,. rs STATEMENT OF BENEFITS . `rti"� Stale Form 27167(R5/11-95) FORM -�:J, — Form S8-1 is prescribed by the State Board of Tax Commissioners,1989 S B 1 ,e,. .dSTRUCTIONS: *. This statement must be submitted to the body designating the economic revitilizafion area prior to the public hearing if the designating body requires in. mation from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submit to the designating body BEFORE a person installs the new manufacturing equipment, or BEFORE the redevelopment or rehabilitation of real which the person wishes to claim a deduction. Projects'planned or committed to after July 1, 1987 and areas designated after July 1, requin STATEMENT OF BENEFITS. (iC 6-1.1-121) ?. Approval of the designating body(City Council, Town Board,County Council,eta)must be obtained prior to initiation of the redevelopment orrehabifitatic or prior to installation of the new manufacturing equipment,BEFORE a deduction may be approved. 3. To obtain a deduction,Form 322 ERA,Real Estate Improvements and/or Form 322 ERA/PP, New Machinery;must be filed with the county auditor. ii, respect to real property,Form 322 ERA must be filed by the later of: (1)May 10;or(2)thirty(30)days after a notice of increase in real property assessrrc is received from the township assessor. Form 322 ERA/PP must be bled between March 1 and May 15 of the assessment year in which new manut luring equipment becomes assessable, unless a filing extension has been obtained. A person who obtains a filing extension must file the form betwe March 1 and June 14 of that year. I. Property owners whose Statement of Benefits was approved after June 30, 1991 must submit Form CF- 1 annually to show compliance with the Stateme of Benefits. (IC 6-1.1-12.1-5.6) ,SECTION 1 . - . s r t• - - --TAXPAYER INFORMATION <: _ - _ • Name of taxpayer _..,, Heartland Automotive, LLC Address of taxpayer(street and number,city,state and ZIP code) 300 South Warren Dr. Greencastle, IN 46135 •• Name of contact person • Telephone number Gayle Barthelman ( 765) 653-4263 1:$ECTION2 kr 1. x _ : ,pCATiONANDDESCRIP_TIONCoFPROPDSEDIMOJECT t . =3 Verne of designating body • Resolution number Greencastle Common Council ocation of property County Taxing district 300 South Warren Drive Putnam City of Greencastle Description of real property improvements and/or new manufacturing equipment ESTIMATED (use additional sheets if necessary) 132,000 Square Foot Expansion Start Date Completion Date Seri attached list for equiptment Real Estate 9/00 7/01 New Mfg Equipment 7/00 7/02ECTION3 ;. / . I��qTEFFI'7PLOYEESANDSALARiESASAESULT=DF- RDPOSEDPROJECT # ' u ; urrent number - .� � `�` �-�-`-��. Salaries Number retained Salaries umber additional Salaries 10,850,000 358/50 Temp _ .358 ( 10,100,00(� 3,120,000 . . 150+ SECTIDN4 - ESTIMATEDTOTALCOSTAND VALUEDFPBDPOSED PROJECT NOTE:Pursuant to IC 6-1 1-12 1 5.1 (d)(2)the Real Estate(mproveinenti, ..i . ` > v„Y; Yam: Lat:hlnery a ' > COST of the property ••r•� > Pr P rtY confidential.. v5t `� Assessed Value ' � zr Assessed Value Current values $ 5,349,995 $ 17,444,400 Plus estimated values of proposed project $ 6,000,000 TBD $ 21,000,000 TBD Less values of any property being replaced - - - Net estimated values upon completion of project $ 11,349,995 $ 38,444,400 SECTION5 t+�`' -� � �::---d3-. 1WI4STE:OONVERTEDAHO.bTHERBENEFITSPROL1ISEDBYT1iETAXPAYER: MWM . Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds) Other benefits: •.. EV��ON V -•ti, K'=.�•is fc `. �. '"ms '.` - -.. .. 's #c i5E- -�"'- i _ ..,� "4A-4E.N- >r:_ 'AXPAYEF1 ERTIFiCAT(ON x. ,�, . - �> .� g I hereby certify that the representations in this statement are true. _ Signature of authorized represe tative - Title Date signed(month,day,year) `j�� �1f��� UP -TreAsuKr 31 I 2000 h OE ...„ .k ku.{. b . ,f,. 'w rYo,. ?;1'•,• ,�,,�' {fi Q Ci,,, ::::, 1/.�k�y y ,oti�� ES1GNAriti BDDY,:t ..... ' .W:°.e, ~.?.,�°" ' �c�'z"^``•+Y'#fx+"�fb �`ri h+��"��� "'.,� �y-co- .'aa`'r,� „ , ...., ..^.fin.;i:: : sG?:,.. .. :cl �' 9 n ,.. T.,rc,`F7�a' �.;.t+:. { YCR..+ .3�+`.N<�'wAa."`w'w `^:+i-. �M� l6'� �.X.�f3„ y r_ .' 'X,. 'Y ;;v..vJ".5.�'+If,' "'^' 4;V 5 \'JvA.�Y { have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets yvneral standards adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12 pro- vides - for the following limitations as authorized under IC 6-1.1-12.1-2. the •1 2.5,A.The designated area has been limited to a period of time not to exceed 30 months designation expires is December 31, 2002 (See below). The date this B.The type of deduction that is allowed in the designated area is limited to: 1. Redevelopment or rehabilitation of real estate improvements; pi 2. Installation of new manufacturing equipment; Yes O No 1 0 •years • 3. Residentially distressed areas Yes 0 No 5 years • 0 Yes El No C.The amount of deduction applicable for new manufacturing equipment is limited to $ 21 000 value of$ To be determined 000 cost with an assessed D.The amount of deduction applicable to redevelopment or rehabilitation is limited to$ 6 000 000 cost value of$ To be determined --5 with an assessed E.Other limitations or conditions (specify) Abatement NOT ranted for toolin F. The deduction for new manufacturing equipment installed and first claimed eligible for deduction after Jul 1 1991 ' EN 5 years 0 10 years The deduction period will be'five(5)yrs uness the eal d y ►s allowed for. designating body has by resolution specified the ten 10 ear Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reason- able ( )y Penn- able and have determined that the totality of benefits is sufficient to justify the deduction described above. ; oproved:(s-. .tyreany-Tie of uth ' ed member) Telephone number Date signed(month,day,year) Nanc ,.. A. Michael Ma or ( 6 ) nested I , — 1 1 1 1 1 Designated body- ela S. Jones, Clerk—Treasurer Greencastle Common Council If the designating body limits the time period during which an area is an economic revitilization area, it does not limit the length a taxpayer is entitled to receive a deduction to a number of years designated under IC 6-1.1-12.1-4 or 4.5 Namely:(see tables below) • NE- f 7AlJUFACTURING EQUIPI1ENT ;` `~- ,< !-w , i REDEVELOPPIENT0R REHABILITATION Tom` ° ""� - OF REAL PROPERTY ILIPROVELIENT� y'v' �,'. ��.+.,. 4 •v�a� Z�TiF�lifi'�f�.M.w•^FMlw...w.w_v�vw Year of Five(5)Year (10) + >. _:.: ��1SAIIOLVE?AtQtrer.A, .., ,. t��� .;, Ten10Year Deduction Percentage Year of Three(3)Year (6) Ten duct Year 9 Percentage Deduction SixYear 1 st 100% — Deduction Deduction Deduction 2nd 95% 100% ---1st --- 100% — --- - - _ - 95/° 2nd 10�° 100% 3rd 80% 90% 66% 85% 95% 4th 65% 85% 3rd 33% 66% 80% 5th 4th 50% ° 5th 50% 80% 5th 34 0/° .! 70% 6th % 5 50% 7th 55% 7th 17% 40% 8th - 40% 8th 30% 20% 9th 30% 9th 10th 25% 10th 10% , 5% OrE Heartland Automotive, LLC Expansion Project Information (Confidential) Presentation to the City of Greencastle May 31, 2000 • To meet a 60%production increase and a new business by our main customer, S IA, in • -the next year(s)2001 and/or 2002, we heed the following manpower and have estimated capital investment expenditures of 1)Building(132,000SQF) • $6,000,000 2) 3 injection molding machines $4,000,000 • (650ton- 3,000ton) 3)Apron machine $2,000,000 4)Headliner machine $3,000,000 • 5)Paint system ' $12,000,000 Total investment $27,000,000 6)Manpower increase in 2001 and/or 2002 150-200 • • 4111 HEARTLAND AUTOMOTIVE,LLC E.I.#35-2026865 A STATEMENT ATTACHED TO AND MADE A PART OF FORM CF-1 COMPLIANCE WITH STATEMENT OF BENEFTI S AS OF DECEMBER 31,2001' The foregoing tax return was prepared by the undersigned or under their direction. The facts stated therein were obtained from the taxpayer's records and other sources considered to be reliable and are believed to be true and correct. 4a a, a Tara S.Kamm Date Representative of Arthur Andersen I.I.P 111 Monument Circle,Suite 4300 Indianapolis,Indiana 46204 E.I.#36-0732690 S