HomeMy Public PortalAbout09-2008-9 ,-� RESOLUTION NO. 2008 - 9 ft
SCANNED
A RESOLUTION AFFIRMING
CHIYODA USA CORPORATION (2007 Expansion)
OF COMPLIANCE WITH STATEMENTS OF BENEFITS
WHEREAS,Chiyoda USA Corporation has heretofore been granted certain tax abatements
in consideration of certain benefits for the City of Greencastle; and,
WHEREAS, said company has submitted form CF-i/PP as of May 29, 2008 for tax
abatement granted in 2007; and
WHEREAS,the Greencastle Common Council has reviewed the CF-i/PP 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-i/PP form as submitted as being in
compliance with the Statements of Benefits previously filed by Chiyoda USA Corporation.
BE IT FURTHER RESOLVED that this Resolution of the Greencastle Common Council be
made a record and filed along with the CF-1/PP form with the Putnam County Auditor.
PASSED by the Common Council of the City of Greencastle at its regular meeting this 8th
day of July, 2008.
COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA
Ji ie S. Bingham Adam ohen
Marc N. Hammer ohn A. Lanie`
Terry J. S ith
Approved and signed by me this 8th day of July, 2008 a? l p.m. o'clock.
Susan V. Murray, Mayor
„5 , 7
ATT ST:
Teresa Glenn, Clerk-Treasurer
• /Z6Ve 5(2_9.70&
COMPLIANCE WITH STATEMENT OF BENEFITS FORM CF-1 / PP
PERSONAL PROPERTY
State Form 51765(R/ 1-06)
�.%1 Prescribed by the Department of Local Government Finance
INSTRUCTIONS: 1. Property owners whose Statement of Benefits was approved must file this form with the local Designating Body to show the extent
to which there has been compliance with the Statement of Benefits.(IC 6-1.1-12.1-5.6)
2. This form must be filed with the Form 103-ERA Schedule of Deduction from Assessed Value 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 the extended due date of each year.
3. With the approval of the designating body, compliance information for multiple projects may be consolidated on one (1) compliance
(CF-1).
SECTION 1 TAXPAYER INFORMATION
Name of taxpayer
CHIYODA USA CORPORATION .
Address of taxpayer(number and street,city,state,and ZIP code)
2200 SR 240 EAST, P.O. BOX 494, GREENCASTLE, IN 46135
Name of contact person Telephone number
PAM DEAN (765 ) 653-9098
SECTION 2 LOCATION AND DESCRIPTION OF PROPERTY
Name of designating body Resolution number
GREENCASTLE COMMON COUNCIL 2006-30 AND 2007-1
Location of Property County DLGF taxing district number
2200 SR 240 EAST, P.O. BOX 494, GREENCASTLE PUTNAM 67008
Description of new manufacturing equipment,or new research and development equipment,or new information technology Estimated starting date(month,day,year)
equipment,or new logistical distribution equipment to be acquired. 12/15/06
1800 TON INJECTION MOLDING MACHINE Estimated completion date(month,day,year)
4/30/07
SECTION 3 EMPLOYEES AND SALARIES
EMPLOYEES AND SALARIES AS ESTIMATED ON SB-1 ACTUAL
,r.�Current number of employees 150
Salaries 4,752,820
Number of employees retained 129
Salaries 4,087,425
Number of additional employees 21
Salaries 665,395
SECTION 4 COST AND VALUES
MANUFACTURING
R&D EQUIPMENT EQUIPMENT IT EQUIPMENT
ASSESSED ASSESSED ASSESSED ASSESSED
AS ESTIMATED ON SB-1 COST VALUE COST VALUE COST VALUE COST VALUE
Values before project
Plus:Values of proposed project 1,500,000
Less:Values of any property being replaced
Net values upon completion of project 1,500,000
ACTUAL COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED
VALUE VALUE VALUE VALUE
Values before project
Plus:Values of proposed project 980,089 548,850
Less:Values of any property being replaced
Net values upon completion of project 980,089 548,850
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
WASTE CONVERTED AND OTHER BENEFITS AS ESTIMATED ON SB-1 ACTUAL _
Amount of solid waste converted
Amount of hazardous waste converted
Other benefits:
SECTION 6 TAXPAYER CERTIFICATION
elk I hereby certify that the representations in this statement are true.
Signature of authorized representative /
L..../es
Title Date signed(month,day,year)
r
S jcej,( rve V/se Pre ?i e 4t/27/20ncp
W1741 1.000
OPTIONAL: FOR USE BYA DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WITH STATEMENT OF BENEFITS(FORM CF-1)
THAT WAS APPROVED AFTER JUNE 30,1991.
'TRUCTiONS: (IC 6-1.1-12-5.9)
1. This page does not apply to a Statement of Benefits filed before July 1, 1991;that deduction may not be terminated for a failure to comply with the Statement
of Benefits.
2. 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.
3. 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,
a copy of the written notice will be sent to the Township Assessor and the County Auditor.
4. 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.
5. 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 property owner;(2)the County Auditor;
and(3)the Township Assessor.
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,clay,year)
Susan V. Murray, Mayor • ? ems- 07/08/2008
Attested by: / Designating body -
Teresa P. Glenn, Clerk-Treas / Greencas Comm Council CF-1/PP
If the property owner is found not to b n substantial compliance,the property owner shallceive the op. prtunity for a hearing.The following date and
time has been set aside for the purpose of considering compliance.
Time of hearing El AM Date of hearing(month,day,year) Location of hearing
❑PM
HEARING RESULTS(to be completed after the hearing)
Approved Denied(see instruction 5 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.
� NNCV NCVNNNNNNNNNNNNNNCVNCVNINN I I I i.� NIN
C C
C C
a. a.
eltoOCONNI- N . a) '. 0000) V, - .- 0000000co 0) 0O)'
000O rsts01,- Cn0O1� C') C+) 0 CON00000000 h NCO'',
CO N.M 10 C') M)- C) ,- CA I�') N CO CO OD C) 1s- (0 CO CO CO CO CO .1- -.- . O) 0 I
.- F- CV CO CO C000f:1C7rcpMh ,- MnCn0A la)oi,t t1(a'too ti trio
+r N •.. .- .- .- CO NNNO .- (ONNN Cr) N CO .+ res. 0 CO
0 - H CO .- C7)
V V
I
0969 69 49 69 69 69 69 69 69.6949496943696969E9694949696969(9 I 194969
1111 m m m m m m m m m m m m
C LC C C C C C ,Cp cc C C C
N CCOO CUO CO CO CCOO CO CO CO CO CO I I I I , N
2 2 rL 2 2 2 2 2 2 2 O O 0
v - vvvvvvv •0Vctc ce
o000000oo0o . . t o j l
1r O O OYYY YY G I i col
C C C C C C C C C C C U U U U U I
000000OOOOOmm co222 22 ' N' • cc
tt2' bt tbbt:i c c c •ig -g V 1 I ICI-) , ' Al m
m m m m m m m m m m m • •m c0 o 0 0 • • o o 2
O O o O O O O O O O Oaa •' au_ u_ u_ u. u. 0fo �_�i—
• m
• o a .-
w ) mm ,� N c
m CO CO CO CO CO CO V m il
3 a • W
cCI
w �.. w o .o oa a oa
O C C C 0 0 .Q O O O S .- N co M co O) Y Y k o ct o d C CO Q
OOOONNNNC0A10AOOOLLLL aaaaaaor, 0 00
0) ) O ) NNNNNN0 m m c. U 0 U ,_ W W W ZZZ0. m H ., N
•- �+ � '- @ � ma coax E E m m m mL
to
in (Dcolo is- co co co0000 co yF- H1- F- uct) QQ0000Q o to o 0 0 oUU) 00000000
cn co co In In co co (n (n (n In O O = 2 = _ ¢ U C) U U U U U F- H <- cc F-
In In u) 11') cn u) u Cn Cn Cn u to U) to Cn cn cn In cn (n cn cn Un cn Cn O n
0000000000000000000000000 00
L.
- 000000000O000o00000000000 boo
IONNNNNNNNNNNNNNNNNNNNNNNNN •a). IONN
1:1C N N N N Q N N N N N N N N N N N N N N N N N N N N 0.
c a a
0 CO CO CO 00 CO CO CO CO CO CO O CO CO CO CO CO CO CO CO CO CO CO CO CO w
f0 0
m
10
C V C I
L M o .- N 07 er to CO 1� CO 0 0 CO N cn 0n co h co, 0. `'h CO!---
m coC+) MM cocor) coCO � - •0• COCO CO CO CO CO I 0 j o0';
E1
I I , I• I I I O f ;';
1 I0 , CI
aC+ ! I j I I it w:
liii ImR V 2
to I i
a e
1
a
W
� O } � }C '
OC) b ‘TrO CO CO O
.) 1.. VO W o r
NO LL o m. c.1 m
E is 01
v R o E = = 2 Y! N E
Z 1� a- Z .0
— t ZMN iv
Is •' C � � � _a C C � w
W 61 •- O pf 1� 0
10 ,- No 'oo E 00r� a o f co L
N N O N N a O N m
Z 10 a 7 0 '0 C +� V 0 0 '0 C
V `L W co co W W to J I Z M W Ce, CC5 J
II
�•> Corbett, Duncan & Hubly Pc
April 22, 2008
Ms. Wanda O'Neal
Greencastle Township Assessor
1 W. Washington St., Room 11
Greencastle, IN 46135
RE: Chiyoda USA Corporation
FEIN: 20-28738-i i
Form: Indiana Personal Property Tax Return
Reportirg Period: March 1, 2008
Dear Ms. O'Neal:
Chiyoda USA Corporation requests an extension of time to file the Indiana Business Tangible
Personal Property tax return for the reporting period March 1,2008, as all of the information to
complete the necessary forms is not yet available.
The forms requested for extension include, but are not limited to:
• Form 104
i" • Form 103 and related forms, if applicable
• Form 103-ERA, 103-EL, CF-1/PP and SB1 for abatement related filings
We thank you for your prompt attention to this matter. If you have any questions, please contact
me at (630)285-0215.
Sincerely, RECEIVE
CORBETT, DUNCAN& HUBLY, P.C.
N APR 2 9 2008
Laura Norlin, CPA
Greencastle Twp Assessor
LN:In
c: Pam Dean t i ��r (.,C01
r
•
CPAs&Consultants
100 Piece Road 630-285-0215 tel
6s'0-:35-1166:.,.
Itasca,'L 00143 w\w.CdihCpa.CCm