HomeMy Public PortalAbout020-1995 Statement of BenefitsORDINANCE NO. 20-1995
A SPECIAL ORDINANCE AUTHORIZING THE APPROVAL OF STATEMENTS
OF BENEFITS FOR PROPERTY OWNERS APPLYING FOR DEDUCTIONS
UNDER I.C. 6-1.1-12.1
WHEREAS Common Council has designated eight economic revitalization areas within the City
of Richmond, and
WHEREAS I.C. 6-1.1-12.1 requires the Common Council as the designating entity to approve
all Statements of Benefits required to be filed by property owners applying for
deductions in assessed valuations for the installation of new manufacturing
equipment or for the redevelopment or rehabilitation of real property, and
WHEREAS an owner of real property located in an economic revitalization area is entitled to
deductions per Statute for a ten year period from the assessed value, and
WHEREAS an owner of new manufacturing equipment is entitled to deductions per Statute for a
5 year or 10 year period from the assessed value of new manufacturing equipment,
NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana,
that the following property owners meet the requirements for property tax assessed valuation
deductions as follows:
NEW MANUFACTURING
REAL ESTATE - 10 YEARS EMBFIEM - 10 YEARS
Ahaus Tool & Engineering, Inc.
Key Corp. Leasing Ltd.
New Jobs: 1 Jobs Retained: 104
Dated: March 28, 1995
Ahaus Tool & Engineering, Inc.
New Jobs: 4 Jobs Retained: 104
Dated March 28, 1995
Aluminum Company of America
New Jobs: Unk Jobs Retained: 292
Dated March 22, 1995
B&F Plastic Graphics, Inc.
New Jobs: 4 Jobs Retained: 12
Dated March 8, 1995
Kesslers Sport Shop, Inc.
New Jobs: 3 Jobs Retained: 1
Dated: March 24, 1995
Richmond Baking Company
New Jobs: 0 Jobs Retained: 82
Dated: March 6, 1995
And be it further ordained by said Common Council that its President be authorized to sign the
above listed Statements of Benefits for the purpose of evidencing said Common Council's
approval thereof.
...y a yp g _. ..,
x � it ram'..
�'.ei�s :.�..:._.. a�