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Home My Public Portal About14-2009-14 cRESOLUTION NO. 2009 14 SCANNED A RESOLUTION AFFIRMING LEAR OPERATIONS CORPORATION (2005 Expansion)NOW KNOWN AS INTERNATIONAL AUTOMOTIVE COMPONENTS CORPORATION OF COMPLIANCE WITH STATEMENTS OF BENEFITS WHEREAS, Lear Operations Corporation, now known as International Automotive Components Corporation, 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/PP as of May 15, 2009 for tax abatement granted in 2005; and WHEREAS, the Greencastle Common Council has reviewed the CF-1/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-1/PP form as submitted as being in compliance with the Statements of Benefits previously filed by Lear Operations 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 14th day of July, 2009. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA Ji sie S. Bingham Ad Cohen y./ 4j774,1. -e•f-e4 Mar N. Hammer ohn A. Lance Terry J. Smith Approved and signed by me this 14th day of July, 2009 at '.cjDp.m. o'clock. Susan V. Murray, Mayor ATT . Teresa Glenn, Clerk-Treasurer . I PP COMPLIANCE WITH STATEMENT OF BENEFITS FORM CF-1 1 ". PERSONAL PROPERTY --- , State Form 5/765(R I-06) -let •-• Prescnbed oy the Department at Local Gonemment Finance disTRuc 710,N5 I Prapeny owners ose Statement of Benef,ts was apposed must fiat this kern.eta Me local Desitonallog Body to Mow the extent to',Moot there has been ccnk,ottanatt*eh the Statement of Bane fits.r/C 8.1 I-12.1-16; 2 Thus form must be reed watt the Form 103-ERA Schedule of Deduclicn born Assessed Value between Marro 1_and May 15.of each year.,,reass a'Wog extension under IC 6-/.t-.3.7 has been granted A person*do obtains a Wing extension must Se between March 1.and the extended due date of each year 3. With the approval of the desynatino body,comptience information for multple prised.,may be consolidated on onef 1)compliance (CF4). hi,"PSEA144 Name of taapirrei IAC Greencastle, ILC Address at taxpayer tstreet and number,cay.state and 21P code) 5300 Auto Club Drive Dearborn MI 48126 Name of contact person Telephone number Melanie Chupa 313-240-3000 , t, , Resolution number City ' •.; • 2005-31 06**40(040114,7,S;;South: counta „ , Ot.C.,F 64/v apstikt te. 411;17,19W112Rilefilati*afa'ggigteili,egr.as:,*,Vt'0,:*2',11;'. P1iChciSit„.; • 4 and ilevei0eniee setipmenit or new fefeeneVois Estimeced etertko da &Icon,IN".14017 004,11****411;31h4 Sot.* 44-; A/0)44 Sese*deeEtatigeg..i''14,.!'. • - - Estintated terra:Mew date Imo,*dos year) ... . . . 12/31/2006 • •• • . EMPLOYEES AND SALARIES As ssystAiss on led ' ACTUAL Current number of employeers 673 6 4 Salaries 20,608,000 2,452.950 Number of employees retained 130 Soignee 4,144,000 NumberMuxuubotMidJtbal employees 162 7,..4.;.X241...."., tc.• . s• 980,0-9 • - ZAtb,45:;:*14,Wz•A ,• •," " •• 4.ilhINUFACTUSINKkg, ,ralpfir„iry., . „ ASSESSED ASSESSED Ae.temeen ASSESSED AS ESTIMATED OM SI8-1 COST VALUE COST VALUE C°3T VALUE cOST VALUE Vaiude before pfojiMe':, 42;786,994 43.,art.410 r. , • •• •A ; Pik Vehiretiiiseeerhigfiat!,', 'isi.;1401..400^11,; 00* • • :11Y11.7.?,,, i7• • • Net`010•444tiMOPtilef ittePLibIII41.74>111494" • ''?"7,A.•• ' _ .; • . •• §.Assessao .ASASSSED • ,ASSII33101 . A a er.‘,1W 440'rs C°Sr' • VALUE Ch VALUE C°St wia.ua • . Values beton)project 42,796,994 11.0197,410 Plus:Values of proposed proiect 18,631.940 5,589,592, Less:Values of any property b "eirc replaced Net values upon completion of prcject 41.429.'34 '..6.4t6.932_ NOTE: The COST of I.poverty el=Menne!posture to IC a-1.1-1214A(4 • AdAy-f. re<sitr :3 -'Tt+9 1.11F.A.'f.r4 WASTE CONVERTED AND calm:BENEFITS AS ESTMATISI SIM ACTUAL Amount at solid waste convened NiA Amount of hazardou9 waste convened Other benefri2- 5F fP 'rr, I certify that the reprersentatiorn in tut statement are true. T;tteve 1°at'L ‘C7YaOt5t1 For",:F-u.Pa1"..94 I C-V9r.4"4"0:cute CIS irK kerrA cc 67007 • OPTIONAL: FOR USE BY A 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) r. 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 font'-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) oignature of authorized member Date signed(month,day,year) Susan V. Murray-Mayors 07/14/2009 Attested by: ` ,y� Designating odb y Teresa Glenn-Clerk-TresureVa � Greencastle City Cou (CF-1/PP) If the property owner is found not to be in substantial compliance,the property owner shall receive e opportuni for a hearing.The following date and time has been set aside for the purpose of considering compliance. Time of hearing ❑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 ' ircuit or Superior Court together with a bond conditioned to pay the costs of the appeal if the appeal is determined against the property owner. IAC Greencastle, LLC Resolution number 2005-31 2009 Payable 2010 Rendition Attachment to Form CF-1/PP Due to the downturn in the economy, in particular in the automotive industry, we wish to inform you of our employment levels as it relates to our property tax deductions in the City of Greencastle. As of April 30, 2009, our facility in Greencastle had a total of 328 employees (249 hourly and 79 salary). This has been reduced from earlier in the year because of Chrysler's decision to file bankruptcy and shut down many of their plants during their time of restructuring. As a supplier to Chrysler, our facility accordingly had to temporarily lay off employees to accommodate this sudden change in volumes. Starting in July, 2009 and the remainder of the year we anticipate that this facility will have 539 employees (460 hourly and 79 salary). This forecast is based on the anticipated economic conditions in the second half of 2009, continuing into 2010. We remain hopeful that the automotive sales volumes will return to their normal state at •�'1. some time in the future and we continue to look for new business in order to bring our employment levels to the number originally planned.