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Home My WebLink About2000-R-1 RESOLUTION 0 70/0 — 1 DECLARATORY RESOLUTION OF THE JEFFERSONVILLE REDEVELOPMENT COMMISSION WHEREAS, the City of Jeffersonville ( "City) Redevelopment Commission ("Commission") has investigated, studied and surveyed economic development areas within the corporate boundaries of the City; and, WHEREAS, the Commission has selected an economic development area to be developed under IC 36 -7 -14 and IC 36 -7 -23 (collectively the "Act"); and, WHEREAS, the Commission has prepared an economic development plan ( "Plan ") for the selected economic development • area, which Plan is attached to and incorporated by reference in this resolution; and, WHEREAS, the Commission has caused to be prepared: 1) Maps and plats showing: a) The boundaries of the economic development area, completed the replatting, replanning, rezoning or economic development of the area, indicating any parcels of property to be excluded from the acquisition; and b) The parts of the acquired areas that are to be devoted to public ways, levees, sewerage, parks, playgrounds, and other public purposes under the Plan; 2) Lists of the owners of the various parcels of property proposed to be acquired; and 3) An estimate of the cost of acquisition, redevelopment and economic development; and WHEREAS, IC 36- 7- 14 -3L9.3 authorizes the Commission to modify the definition of property taxes in IC 36- 7- 14 -39(a) for the purposes of including taxes imposed under IC 6- 1.1 on the m' depreciable personal property of a designated taxpayer and all other depreciable property located and taxable on the desiipiated taxpayer's site of operations within the allocation provision included in a declaratory resolution; and fyy WHEREAS, the Commission has caused to be prepared a factual report ( "Report") in support of the findings contained in this resolution, which Report is attached to and incorporated by reference in this resolution; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION THAT: 1) The Commission has selected as an economic development area an area within its corporate boundaries, which area the Commission is hereby designating as thevBethnova Economic Development Area ( "Economic Development Area "), and which Economic Development Area is described as Exhibit A. 2) The Commission finds that the Plan for the Economic Development Area a) Promotes significant opportunities for the gainful employment of the citizens of the City; b) Attracts major new business enterprises to the City; c) Benefits the public health, safety, morals and welfare of the citizens of the City; d) Increases the economic well -being of the City and the State of Indiana; and e) Serves to protect and increase property values in the City and the State of Indiana. 3) The Commission finds that the Plan cannot be achieved by regulatory Y 9 ry processes or by the ordinary operation of private enterprise without resort to the powers allowed the Commission under IC 36 -7 -14 because of. g k g a) The lack of local public road and sewer improvements; b) Existence of conditions that lower the value of the land below nearby land; and c) The lack of public facilities needed for potential industrial and commercial development to be realized. 4) The Commission finds that the public health and welfare will be benefited by the accomplishment of the Plan for the Area. 5) The Commission finds that the accomplishment of the Plan will be of public utility and benefit as measured by: 2 c soi' a) The attraction and retention of permanent jobs; b) An increase in the property tax base; c) Improved diversity of the economic base; M1 � d) Improved traffic circulation; and e) Upgrading of sanitary sewer conditions. 6) The plan for the Economic Development Area conforms to other development and redevelopment plans for the City. 7) The Commission estimates that the cost of implementing the Plan will not exceed $1,000,000.00. 8) The Commission finds that no residents of the Economic Development Area will be displaced by an P p y y project resulting from the Plan; and, therefore, the Commission finds that it does not need to give consideration to transitional and permanent provisions for adequate housing for the residents. If the Commission determines that it is necessary to displace any residents of the Economic Development Area, it will amend the Plan and this Resolution prior to any displacement and give consideration to transitional and permanent provisions for adequate housing for the residents. 9) This paragraph shall be considered the allocation provision for the purposes of IC 36- 7- 14 -39. The entire Economic Development Area shall constitute an allocation area as defined in IC 36- 7- 14 -39. Any property taxes levied on or after the effective date of this resolution by or for the benefit of any y public body entitled to a distribution of property taxes on taxable property in the allocation area shall be allocated and distributed in accordance with IC 36- 7- 14 -39. The Commission hereby modifies the definition of I" property taxes in IC 36- 7- 14 -39(a) for the purposes of including taxes imposed under IC6 -1.1 on the depreciable personal property of the designated taxpayer described below and all other depreciable property located on and taxable on the designated taxpayer's site of operations within the allocation provision included in a declaratory resolution. This allocation provision shall expirie no later than 30 years after the effective date of this resolution. 10) All of the rights, powers, privileges, and immunities that may be exercised by the Commission in a Redevelopment Area or (0, Urban Renewal Area may be exercised by the Commission in the Economic Development Area, subject to the limitations of IC 36 -7- 14 -43. 3 gibe 11) The presiding office of the Commission is hereby authorized and directed to submit this resolution, the Plan, and the Report to the Jeffersonville Plan Commission for its approval. 12) The Commission also directs the presiding officer, upon receipt of the written order of approval of the Jeffersonville Plan Commission which has been approved by the Common Council to publish notice of the adoption and substance of this resolution in accordance with IC 5-3-14 and to file notice with the Jeffersonville Plan Commission, the Board of Zoning Appeals, the Board of Public Works, the Park Board, the building commissioner, and any other departments or agencies of the City concerned with unit planning, zoning variances, land use or the issuance of building permits. The notice must state that maps and plats have been prepared and can be inspected at the office of the City's Department of Redevelopment and must establish a date when the Commission will receive and hear remonstrances and objections from persons interested in or affected by the proceedings pertaining to the proposed project and will determine the public utility and benefit of the proposed project. Copies of the notice must also be filed with the office authorized to fix budgets, tax rates and tax levies under IC 6-1.1-17-5 for each taxing unit that is either wholly or partly located within the proposed allocation area A pr 13) The Commission also directs the presiding officer to prepare or cause to be prepared a statement disclosing the impact of the allocation area, including the following: a) The estimated economic benefits and costs incurred by the allocation area, as measured by increased employment and anticipated growth of real property, personal property and inventory assessed values; and b) The anticipated impact on tax revenues of each taxing unit that is either wholly or partly located within the allocation area. A copy of this statement shall be forwarded to each such taxing unit with a copy of the notice required under Section 17 of the Act at least 10 days before the date of the hearing described in Section 14 of this Resolution. 14) The Commission further directs the presiding officer to submit this resolution to the Common Council for its approval of the establishment of the Bethnova Project Economic Development Area 4 • Cie 15) This Resolution shall be effective as of its date of adoption. Adopted this � day of R p r 1\ 2000. JEFFERSONVILLE REDEVELOPMENT COMMISSION /// { Robert E. Campbell r., Pr- .id = nt ATTEST: f - ) Kyle Williams, Secretary 1 M:\Legal \Department of Redevelopment\Projects \Beth - Nova \Declaratory Resolution.doc 5 •