HomeMy Public PortalAbout029-1995 Statement of benefitsORDINANCE NO. 29-199S
A SPECIAL ORDINANCE AUTHORIZING THE APPROVAL OF STATEMI NTS OF.
BENEFITS FOR PROPERTY OWNERS APPLYING FOR DEDUCTIONS UNDER I.C. 6-
1.1-12.1
WHEREAS Common Council has designated eight economic revitdization area 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
Statemems of Benefits required to be filed by pmpefty owl" for deduct ores in
assessed valuations for the installation of new mam>facturing 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 msmd�cturtng equipment is entitled to doors per Statute for a 5 year
or 10 year period from the assessed value of new drrg Wit,
NOW, THEREFORE, be it ordained by the Can Council of the City of Richmond, Indiana, that the
following property owners meet the requirements for property tax usessed vat deduces as follows:
NEW MANUFACTURM,
REAL ESTATE -10 YEARS ELiU1T -10 YEARS
Asahei Tec America Corp.
New Jobs: 10 Jobs Retained: 12
Dabs May 3.1995
GFrafcor, Inc. Cam, Inc.
New Jobs: 14 Jobe Retained: 30 New Jobs: 14 Jobs Retained: 30
Dated: May 5, 1995 Dab&: May 51995
\ y '
Terra -Green Tedmologies, Inc.
New Jobs.5 kRewaxtamed: 3�ytatr►d&: 25
Dalai: Apra 21,1995
And be it further caadained by said Common Ceundl dw ita Pteeddent be audwdzed to sign the above listed
Statements of Benefits for the purpose of evk1endng said Common Cm=Ws approval thereof.
Passed and adopted this lsth day of May,1995, by Richmond, IndianahW
(Sash L. Flutitrn)
AA ,City Cleric
(Norma Carnes)
PRESENTED to the Mayor of the City of Richmkd, hWimm dk -IL day of bby,1995, at 9:00 am.
City Clerk
APPROVED by me, Roger Cornett, Mayor of the Ci
at 9:05 am. •s �. day of i4tay,199s,
ayor
C(xnet
AA��(�Nbrma
,City Clerk
rnes)