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RESOLUTION 10 -97
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 reP
ared an economic development plan ( "Plan ") for
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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:
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a. the boundaries of the economic development area, the location of various
parcels of property, streets, alleys, and other features affecting the
acquisition, clearance, 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, redevelopmeni and economic development,
and
WHEREAS, IC 36 -7 -14 -39.3 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 depreciable personal property of a designated taxpayer and all other depreciable property
located and taxable on the designated taxpayer's site of operations within the allocation provision
included in a declaratory resolution; and
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;
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I NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION THAT
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1. The Commission has selected as an economic development area an area within its
corporate boundaries, which area the Commission is hereby designating as the
Galvstar Project ( "Project ") 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 processes
or by the ordinary operation of private enterprise without resort to the powers
allowed the Commission under IC 36 -7 -14 because of
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.
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5. The Commission finds that the accomplishment of the Plan will be of public
utility and benefit as measured by:
a. The attraction and retention of permanent jobs;
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1 b. An increase in the property tax base,
c. Improved diversity of the economic base;
d. Improved traffic circulation; and
e. Upgrading of sanitary sewer conditions.
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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
s $2,000,000.00
8. The Commission finds that no residents of the Economic Development Area will
be displaced by any 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 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 property taxes in IC 36- 7- 14 -39(a)
for the purposes of including taxes imposed under IC 6 -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 expire no later than 30 years after the effective date
of this resolution.
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10. All of the rights, powers, privileges, and immunities that may be exercised by the
Commission in a Redevelopment Area or Urban Renewal Area may be exercised
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by the Commission in the Economic Development Area, subject to the
limitations of IC 36- 7- 14 -43.
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 agences 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.
• 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 Galvstar Project
Economic Development Area.
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15. This Resolution shall be effective as of its date of adoption.
Adopted this 9 +hday of t e.c.e_m b er, 1997.
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JEFFERSO ILL - ' DEVELOP! ENT t.
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Robert E. Campbell, JO resident is
Dale A. Yost, 7
c e President w
e arry S, ., T11, Secretary t
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Ronald T. G soms, Treasurer
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Ji P. Urban, Commissioner 1'
ATTEST:
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Philip W. McCauley, Ex�utive Director
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EXHIBIT A
Description of Galvstar Project
' Economic Development Area
A of Surve y No. 7 of the Illinois Grant in the City of Jeffersonville of Clark County,
Indiana, being part of the same property conveyed to the State of Indiana at Deed Drawer 6,
Instrument 3144 and Deed Drawer 14, Instrument 7253 and bounded as follows: _
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x Commencing at a brass- capped stone monument in the southeast line of Survey No 14 which
marks the west comer of Survey No. 7, thence the following courses:
South 35 deg. 23 min. 35 sec. East, 136.5 feet with the line between Surveys No. 6 and No. 7
to
a PK nail in the centerline of an asphalt road referred to as "Loop Road ";
North 54 deg. 33 min. 18 sec. East, 566.60 feet;
South 34 deg. 48 min. 11 sec. East, 70.00 feet to an iron pin being the True Place of
Beginning. Thence the following courses of the boundary:
North 54 deg. 33 min. 18 sec. East, 600 feet to an iron pin being 30 feet from the centerline of
an existing railroad and 70.00 feet from the centerline of Loop Road;
South 34 deg. 48 min. 11 sec. East, 1548.00 feet parallel to and 30 feet from the centerline of
said railroad to an iron pin;
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Thence 584.42
feet along a curve to the right having a radius of 448.24 feet and a chord which
bears South 02 deg. 32 min. 53 sec. West, 543.89 feet to an iron pin. Said curve being along
and parallel to and 30 feet distant from the centerline of said railroad.
South 39 deg. 53 min. 57 sec. West, 279.90 feet parallel to and 30 feet from the centerline of
said railroad to an iron pin;
North 34 deg. 48 min. 11 sec. West, 2047.48 feet to the True Place of Beginning containing
26 -603 acres and subject to all easements of record. b`
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