HomeMy WebLinkAbout2014-R-3RESOLUTION NO. 2014 -R -
BEFORE THE COMMON COUNCIL
FOR THE CITY- OF JEFFERSONVILLE, INDIANA
RESOLUTION AMENDING STATEMENT OF BENEFIT FOR PROPOSE°
REAL AN° PERSONAL PROPERTY TAX ABATEMENT
WHEREAS, the Common Council for the City of Jeffersonville on November 16, 2013 adopted
Resolution No. 2013-R-36 whereby statement of benefit for proposed real and personal property tax
abatement was approved (see attached Exhibit A) for Rivera Consulting Group, Inc_ ("Rivera"); and
WHEREAS, subsequent to the adoption of Resolution No_ 2013-R-36, Rivera has since changed
its formal name for purposes of the project from Rivera to Rivera HQ Holdings, LLC; and
WHEREAS, the new entity were formed for purposes of operating the project that is subject to
the approved tax abatement; and
WHEREAS, Rivera HQ Holdings, LLC will own both the real and personal property located at the
site in the North Port Business Centre in Jeffersonville, Indiana which was the subject of Resolution No_
2013-R-36; and
WHEREAS, for purposes of a reduction in real and personal property taxes to be assessed at at
the site in the North Port Business Centre in Jeffersonville Indiana, it is necessary to amend Resolution
No. 2013-R-36 and the Statement of Benefits for Rivera to replace Rivera with Rivera HO Holdings, LLC;
and
WHEREAS, that all other provisions of Resolution No. 2013-R-36 and the Statement of Benefits
shall remain unchanged.
NOW, THEREFORE, BE IT RESOLVE° by the Common Council for the City of Jeffersonville,
Indiana, that Resolution No. 2013-R-36 and the Statement of Benefits is hereby amended to replace
Rivera with Rivera HO Holdings, LLC as the name of the taxpayer; and
Passed and adopted on this .3 day of February, 2014, by the Common Council for the City
of Jeffersonville, Indiana.
Dennis Julius
President, Com
ATTEST:
Vicki Conlin, Clerk
n Council
This Resolution presented by me as Clerk to the Mayor of Jeffersonville, Indiana at
m. on this day of \\,i c,;�1�;„� , 2014.
0
Vicki-aiin, Clerk
This Resolution signed and approved by me the Mayor of Jeffersonville, Indiana at
a-/9 m. on this V7771 day of
41/2
Mike Moore, Mayor
14.
This Resolution vetoed by me the Mayor of Jeffersonville, Indiana at
day of , 2014.
Mike Moore, Mayor
m. on this
BEFORE THE COMMON COUNCIL
FOR THE CITY OF JEFFERSONVILLE, INDINAA
RESOLUTION NO. 2013-R-„,
RESOLUTION APPROVING STATEMENT OF BENEFIT FOR
PROPOSED REAL PROPERTY AND PERSONAL PROPERTY TAX
ABATEMENT
WHEREAS, Rivera Consulting Group, Inc. petitioned the Common Council of
the City of Jeffersonville, Indiana, fbr a deduction in real and personal property taxes to
be assessed on a proposed redevelopment of property, including the construction and
buildings and related improvements, to be generally located in the North Port Business
Centre located in the City of Jeffersonville, Clark County, Indiana; and
WHEREAS, Rivera Consulting Group, Inc., has submitted a Statement of
Benefits on the form prescribed by the Indiana State Board of Tax Commissioners for
real property and personal property, which statements includes a description of the
proposed redevelopment, an estimate of the number of individuals who will be employed
as a result of the redeveloped, an estimate of the annual salaries of these individuals, and
an estimate of the value of the redevelopment; and
WHEREAS, the Common Council of the City of Jeffersonville has previously
determined that the area in which the proposed redevelopment project is located in the
City of Jeffersonville qualifies as an economic revitalization area pursuant to Indiana
Code 6-1.1-12.1-5, et seq.; and
Online Copy From CityOfJeff.net City Clerk
WHEREAS, the Redevelopment Commission of the City of Jeffersonville has
made a favorable recommendation for approval of the Statement of Benefits; and
WHEREAS, the Common Council has reviewed the Statement of Benefits and its
attachment "A" submitted herein, and attaches and incorporates the Statement of Benefits
submitted herein, and attaches and incorporates the attachment "A" to this Resolution.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City
of Jeffersonville, Indiana, that it specifically and affirmatively find as follows:
1. That the estimate value of the qualifying real estate improvement of
$5,500,000.00 is reasonable for projects of the nature described in the Statement
of Benefits submitted by the company.
2. That the estimate value of the qualifying personal property improvement of
$1,000,000.00 is reasonable for projects of the nature described in the Statement
of Benefits submitted by the company.
3. That the estimate of the ntunber of 120 individuals who will be employed can
reasonably be expected to result from the proposed described redevelopment or
rehabilitation.
4. That the estimate of the annual salaries of 96 of those individuals who will be
added can be reasonably expected to result from the proposed described
redevelopment or rehabilitation.
5. That the taxes lessened from the granting of this abatement shall be for
improvements in real estate up to the value of $5,500,000.00.
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6. That the taxes lessened from the granting of this abatement shall be for
improvements in personal property up to the value of $1,000,000.00.
7. That all other information requested from Rivera Consulting Group, Inc. has been
submitted, and the benefits described in such infoniiation can be reasonably
expected to result from the proposed described redevelopment.
8. That the totality of benefits for said redevelopment is sufficient to justify the
deduction.
BE IT FURTHER RESOLVED, that the Common Council of the City of
Jeffersonville, Indiana, hereby approves the application for deduction presented by
the Statement of Benefits filed by Rivera Consulting Group, Inc., and that said
company shall be entitled to deduction for a period of TEN (10) years for
improvements to real property and FIVE (5) years for personal property pursuant
to provisions of I.C. 6-1.1-12.1-3(d), with the timely filing and perfection thereof
with the Clark County Auditor's office.
This Resolution shall be in full force and effect from and after its passage and
approval.
Passed this
day of P,a,e't,gitt., , 2013.
VOTE FO t . VOTED AGAINST:
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Passed and adopted by the Common Council gf the City of Jeffersonville, Clark
County, Indiana on this ter day of } ,7,,3;,, 2013.
A1ES
Vicki Conlin, Clerk
Connie Sellers, Council President
Presented by me as Clerk to the Mayor of said City of Jeffersonville this
'rr74 2013.
This Resolution approved and signed by me this
2013.
This Resolution vetoed by me this
Online Copy From GityOfJeff.net e City Clerk
Vicki Conlin, Clerk
day of
Mik Moore, May i r
day of , 2013.
Mike Moore, Mayor
ATTACHMENT TO THE STATEMENT OF BENEFITS
FOR RIVERA CONSULTING GROUP, INC.
October 30, 2013
The council will grant a 10 -year abatement on $5,500,000.00 in real property and a 5 -
year abatement on $1,000,000.00 in personal property as allowed by state statute.
The company will provide jobs and salaries as specified in the SB -1 and any attachment
thereto. The "salaries" on the SB -1 is agreed to mean base hourly wages, without
overtime or benefits, times 2080 hours per year for the number of employees as indicated
in Section 3 of the SB -1. It is the expectation of the council that the company will reach
the number of employees and average wages specified on the SB -1 within five years of
the date of the certificate of occupancy. The company understands that this abatement is
being offered based upon those jobs and wages. If the company fails to substantially
reach those numbers or fails to maintain those numbers over the life of the abatement, the
council may as provided by law rescind this abatement. The company agrees to make
available any and all information the council deems necessary to verify compliance.
The company agrees to pay an annual fee of 5% as described in Indiana Code 6-1.1-12.1-
14.
RIVERA CONSULTING GROUP, INC
By:
Printed:
Title:
Online Copy From CityOfJeffanet - City Clerk
BEFORE THE JEFFERSONVILLE REDEVELOPMENT COMMISSION
STATE OF INDIANA
A RESOLUTION RECOMMENDING TO THE COMMON COUNCIL
APPLICATION FOR TAX ABATEMENT FOR
RIVERA CONSULTING GROUP, INC.
RESOLUTION NO. 2013. -R -
WHEREAS, Rivera Consulting Group, Inc
the City of Jeffersonville, Indiana;
WHEREAS, the Common Council is
applications;
. has made application for tax abatement from
the designating body for approving such
WHEREAS, said application requires review by the Jeffersonville Redevelopment
Commission.
NOW, THEREFORE, BE IT RESOLVED BY THE JEFFERSONVILLE
REDEVELOPMENT COMMISSION THAT:
1. The Jeffersonville Redevelopment Commission has reviewed the attached
"Statement of Benefits" for Real Property and Personal Property; and
2. The Jeffersonville Redevelopment Commission hereby recommends to the
Common Council the application for tax abatement' for Rivera Consulting Group, Inc.
Adopted at a meeting of the Jeffersonville Redevelopment Commission held the -0m
day of pie 1 x . 2013.
ST:
-Seeretatzy
JEFFERSONVILLE REDEVELOPMENT
COMMlJSSION
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