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Home My Public Portal About18-2003-18 Srt ,1,77 RESOLUTION NO. 2003 — 18 k.aT A RESOLUTION AFFIRMING F. B. DISTRO,INC. OF COMPLIANCE WITH STATEMENTS OF BENEFITS WHEREAS, F. B. Distro, Inc., 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 February 27, 2003 for tax abatement granted in 1992 and 1999; 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 F. B. Distro, Inc. 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 13th day of May, 2003. COMMON OUNCIL OF THE CITY OF GREENCASTLE, INDIANA � � M k N. Hammer Joe M. Leic ty Thomas W. Roach e Rokicki \ 20,Lj- Rob rt Sedlack Approved and signed by me this 13th day of May, 2003 a • p.m. o'clock. Nancy A. Mi ael, Mayor '"' Pamela S. Jones, Clerk-Tr rer I Lu �I �V VJ V./ �✓ ...I lfl\I I,JI IVI I LJ• I 1-1.../1 I UIY LVl/ G1J VdV VJ1J I .U I' LIV '1's a_'. COMPLIANCE WITH STATEMENT OF BENEFITS FORM i" Di 1 State Form 44973(R4 i 12-01) CF-1 4. 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 arse). (IC 5-1.1-12.1-$.6) 4 2 lithe deduction applies to Real Estate and improvements,then this form must be flied with the initial deduction application and then annually within sixty(60 days after the end of each year in which the deduction is applicable. 9. For New Manufacturing!? u(jment or New Research and Development Equipment this form must by filed with Form 322 ERAIPP,ME, or R and DE respectively between March 1 and May 16 of each year,unless a filing extension under IC 6-1.1-3.7 has been granted. A person who obtains • filing extension must file between March 1 end 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 INFORMA1lON Name of taxpayer F.B. Distro (Address of taxpayer(street and number,city,state end ZIP code) 450 Winks Lane, Bensalem, PA 19020 Name of contact person Telephone number Kathleen H. Lieberman ( 215) 638-6905 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Carron Council of the City of Greencastle • Location of property (-County Taxing district 1901 State Hwy. 240 E., Greencastle, IN Putnam City o Greencastle Deseiption of real property improvements and/or new manufacturing equipment,or new research and development Estimated starting date equipment to be acquired November 1992 Construction of 200,000 sq. ft. building addition for a Estimated completion date _ material handling system March 1996 SECTION 3 EMPLOYEES AND SALARIES As Estimated on SD-1 Artual • Current number of employees 235 2 9 2 Salaries �2,900,000 5 . 1 million- Number of employees retained 2� Salaries 2,900,000 5.T million Number of additional employees • 40 - 50 TO Salaries 400-500 r 000 400-500,000 SECTION 4 COST AND VALUES Rc t)E;.tatc Dnprouanrents Mtrchincry K Equipment Research 8 DevelopmwrtErpnprrrcnt t -.t_>�. r i7: ,' ':'z` r-�".�` Assessed Value ::.0?" . " >"7t Assessed Value 116;13ttt�a.y�f:ot:SB. ... .'.. .�s: � ;;: Assessed Value M ;t �.• . , Values before project ,a 16, i 1 1 1 ,706,560 _ . Plus: Values of proposed project 0,000,000 2,730,900 Less, Values of any property being replaced 0 0 Net values upon completion of project 11 000 001 4 437 460 �L4crat ;'r. x"H>: ', ;>;i„ ill'.o.T; Assessed Value '""uw- o " r.„', Assessed Value v' 4 rta : Assessed Value Values before project 1 000�� „ 1 r rV6r550 . -- I Plus: Values of proposed project g A 2 4(} dial _ Less; Values of any property being replaced e 0te 0 Nat values upon completion of project 10,063,865 4,108,590 _ NOTE:The COST of the property is confidential pursuant to IC 6-1.1.12.1.6.6(d). SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED DY 111E TAXPAYER IAs Estimated on SD-1f Acumen 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 am true. Signature of authorized representative Title Date signed(mo.,day,yr.) Vice Pis.CDt ' 2-17 —d 3 • 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 with 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 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 properly 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 property 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 uthorized me Date signed(month,day,year) o ld ' e Nancy A. Michael , Mayor May 13 , 2003 s by. r\ Designating body amela S . Jones , Clerk-Treasurer Greencastle City Counc If the property ow er s f and not to be in substantial compliance,the property owner shall receive the opportunity for a hearing.The following date and tim as 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 ❑ Denied(see instruction 4 above) Reasons for the 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)j 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. 4 1--tB-2'(-2003 09:48 CHARM.SHUPPES/FRSHIUN BUG 215 638 6919 H.03/06 , r, COMPLIANCE WITH STATEMENT OF BENEFITS FORM is, 0 1„1 State Form 441973(Rd /12-01) CF-1 Prescribed by the Department of local Government Finance INSTRUCTIONS: 1. Property owners whose Statement of Benefits was approved after June 30, 1991 must Ale 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 8-1.1-12.1-5.8) 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 alter the end of each year in which the deduction is applicable. 1 For New Manufacturing Equtpment or New Research and Development Equipment this form must be filed with Form 322 ERAIPP,ME, or R and DE respectively between March 1 and May 15 of each year,unless a tiling extension under IC 6-1.1-3.7 has been granted. A person who obtains a filing extension must file between March 1 end 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 J.B. Distro, Inc- Address of taxpayer(street and number,city,state end ZiP code) 1901 State Highway, 240 E. , Greencastle, IN 46135 Name of contact person Telephone number Michael Chandler ( 765) 653-7508 SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY Name of designating body Resolution number Greencastle City Counsel Location of property County Taxing district 1901 State Highway, 240 E. Greencastle, IN Putnam City of Greencastle Description of real property improvements and/or new manufacturing equipment,or new research and development Estimated starting date equipment to be acquired March 1999 [ 60,000 sq. ft. building for a material handling system Estimated completion date August 1999 SECTION 3 EMPLOYEES AND SALARIES Az.E-.tt,natedd oil SO3-1 Actual Current number of employees 235 232 Salaries 2,900,000 .ttilllcri t Number of employees retained Salaries 2r 900r 0°3 5.1 rtn 171cn- Number of additional employees 62 10 Salaries $9d0,OQQ 1400•600,000 SECTION 3 COST AND VALUES }Real Estate Imprnvt:nu:nt:: M cIiinury&Equipment Rcaoucer+s Deuelupntent£quipntcn ,:46 gittiiitCd::ois.SB S: .................... , b iNk C 'c,Sr ti•'.e'.:.e31 �1rJ1ti11I Y' w Assessed Value Y,:f's •-�°•'j,�� lL•L� Values before project 11,0001000 , 10,000.000 _ _ Plus: Values of proposed project 2.000, _ 2iQ00 ) , - Less: Values of any property being replaced_ l D Net values upon completion of project 13,000 000 12 000 000 °4 0:!.00:.-. ...-. 6,„'iVAij ik,V., Assessed Value `,lnt %.'"` Assessed Value j- r Assessed Value Values before project 11,000,000 lO a0Q400 , Plus: Values of proposed project 2,020,00D 2,500,000 Lees: Valves of any property being replaced_ Q 0 Net values upon completion of project 11,020 (f 17 - NOTE:The COST of the property is confidential pursuant to IC 8-1,1.12.1-5.6(d). � � SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED DY TIlE TAXPAYER IAs Estimated on SB•1I Aetuad 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 era true. Signature of authorized representative TIIie Date signed(mo.,day.yr) /5 C-, A( _ v � 2 -) 2-0 I FOR USE OF THE DESIGNATING BODY INSTRUCTIONS: (IC 6-1.1-121-5.9) 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 with 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 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 shalt immediately mail a certified copy of the resolution to:(1)the property 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 D the property owner IS NOT in substantial compliance i ❑ other(specify) Reasons for the determination(attach additional sheets if necessary) Signature c#f authorized me er Date signed(month,day,year) ttZIA,C[_k_,/' _. 64 Nancy A. Michael , Mayor May 13 , 2003 • •by: , Designating body • amela S. Jones, Clerk4Treasurer Greencastle City CounC tf the property o e is and not to be in substantial compliance,the property owner shall receive the opportunity for a hearing.The following date and ti as been set aside for the purpose of considering compliance. Time of hearing Date of hearing Location of hearing ❑ AM 0 PM HEARING RESULTS(to be completed after the hearing) ❑ Approved El Denied(see instruction 4 above) Reasons for the 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.