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HomeMy WebLinkAbout2019-R-12 BEFORE THE COMMON COUNCIL FOR THE CITY OF JEFFERSONVILLE, INDIANA RESOLUTION NO. 2019-R- /a RESOLUTION APPROVING STATEMENT OF BENEFITS FOR PROPOSED REAL PROPERTY & PERSONAL PROPERTY TAX ABATEMENTS WHEREAS, Delaco Kasle Processing Indiana LLC petitioned the Common Council of the City of Jeffersonville, Indiana, for a deduction in real property and personal property taxes to be assessed on a proposed development of property, including the addition of a cold storage building in the rear of existing plant to accommodate storage of pallets and supplies necessary for production due to addition of new cut-to-length press line in plant interior of existing building, to be generally located at 5146 Maritime Road located in the City of Jeffersonville, Clark County, Indiana; and WHEREAS, Delaco Kasle Processing Indiana LLC 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 statement includes a description of the proposed development and investment, an estimate of the number of individuals who will be retained as a result of the development and investment, an estimate of the salaries of these individuals, an estimate of the number of individuals who will be employed as a result of the development and investment, an estimate of the annual salaries of these individuals, and an estimate of the value of the development; and WHEREAS, the Common Council of the City of Jeffersonville has previously determined that the area in which the proposed development 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 o?ol c1— -lZ WHEREAS, the Redevelopment Commission of the City of Jeffersonville has made a favorable recommendation for approval of the Statement of Benefits for real and personal property; and WHEREAS,the Common Council of the City of Jeffersonville 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. 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 Delaco Kasle Processing Indiana LLC, and that said company shall be entitled to deduction for a period of FIVE (5) years for improvements to real property and a period of TWO (2)years for improvements to 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 and Clark County Assessor's office. This Resolution shall be in full force and effect from and after its passage and approval. Passed this /(9 day of SpiiisayILD_A__, 2019. [signature page to follow] O F VOTED AGAINST: Ittir 7R1I AlleNr4,40( eft/h \//i/ 7M'(Cl Passed and adopted by the Common Council of the City of Jeffersonville, Clark County, Indiana on this I (.o day of Liclint2u2A_ , 2019. s - Co L-Vicr-PresidentlitienizgLay At est: Lic/cAt Vicki Conlin, Clerk ,0/9-R- )1 — Presented by me as Clerk to the Mayor of said City of Jeffersonville this /7 day of 2LQ)L. , 2019. Lie- Vicki Conlin, Clerk This Resolution approved and signed by me this I0 day of , 20.9. -2,,,,yrj CoVi/'Mike oore, Mayor This Resolution vetoed by me this day of , 2019. Mike Moore, Mayor NOW, THEREFORE, BE IT RESOLVED,by the Common Council of the City of Jeffersonville, Indiana, that it specifically and affirmatively finds as follows: 1. That the estimate value of the qualifying real estate improvement of$250,000.00 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 $5,000,000.00 is reasonable for projects of the nature described in the Statement of Benefits submitted by the company. 3. That the effective "start date"of the deduction period began on August 28, 2019, following approval from the Redevelopment Commission of the City of Jeffersonville. 4. That the abatement schedule is justified and prescribed by the Tax Abatement Score Sheet attached as "Exhibit A"to Ordinance No. 2015-OR-56. 5. That the estimate of the number of 156 individuals to be retained at the project site can reasonably be expected to result from the proposed described development and investment. 6. That the estimate of the annual salaries of the 156 individuals who will be retained at the project site can reasonably be expected to result from the proposed described development and investment. 7. That the estimate of the number of 23 new individuals to be employed at the project site can reasonably be expected to result from the proposed described development and investment. 8. That the estimate of the annual salaries of the 23 new individuals who will be employed at the project site can reasonably be expected to result from the proposed described redevelopment and rehabilitation. 9. That the taxes lessened from the granting of this abatement shall be for improvements in real estate up to the value of$5,000,000.00 and improvements in personal property up to the value of$250,000.00 10. That all other information requested from Delaco Kasle Processing Indiana LLC has been submitted, and the benefits described in such information can be reasonably expected to result from the proposed described development and investment. 11. That the totality of benefits for said development and investment is sufficient to justify the deduction. 12. That Delaco Kasle Processing Indiana LLC has agreed to the payment of a fee of 10% of the annual benefit of the abatement of the Jeffersonville City Council annually as described in I.C. 6-1.1-12.1-14. BEFORE THE JEFFERSONVILLE REDEVELOPMENT COMMISSION STATE OF INDIANA A RESOLUTION RECOMMENDING TO THE COMMON COUNCIL APPLICATION FOR TAX ABATEMENT FOR DELACO KASLE PROCESSING INDIANA LLC RESOLUTION NO. 2019-R- WHEREAS, Delaco Kasle Processing Indiana LLC has made applications for real property and personal property tax abatement from the City of Jeffersonville, Indiana; WHEREAS, the Common Council is the designating body for approving such applications; 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 abatements for Delaco Kasle Processing Indiana LLC Adopted at a meeting of the Jeffersonville Redevelopment Commission held the day of , 2019. JEFFERSONVILLE REDEVELOPMENT COMMISSION e'sid t ATTEST: Secretary I/2961557.1 Abatement Schedule Exhibit Real Property Year Abatement Percentage 1 100% exempt 2 100% exempt 3 95% exempt 4 90% exempt 5 80% exempt 6 70% exempt 7 60% exempt 8 50% exempt 9 40% exempt 10 20% exempt 11 First year of full property tax payment Personal Property Year Abatement Percentage 1 100% exempt 2 50% exempt 3 40% exempt 4 20% exempt 5 10% exempt 6 First year of full property tax payment Abatement Savings Estimate Exhibit Indiana Tax Abatement Results Clark County,Jeff City OFW Tax Rate(18 Pay 19): I 3.4660%1 rents+,REi: Improvements(RE): 5500,000 Year Abatement Property Taxes w/ Property Taxes w/o Estimated Tax Abatement Percentage Abatement Abatement Savings Year i 100% $C.CC 817,330.0C $17,330.00 Year 2 1CO% $0.0C $17,330.00 $17,330.00 Year 3 95% $866.50 $17,330.00 $16,463.50 Year 4 90% $1,733.00 $17,330.00 $15,597.00 Year 5 80% $3,466.00 $17,330.00 $13,864.00 Year 6 7C% $5,199.00 $17,330.00 $12,131.00 Year 7 6C% $6,932.00 $17,330.00 $10,398.00 Year 8 50% $8,665.00 $17,330.00 $8,665.00 Year 9 4C% $10,398.00 $17,330.00 $6,932.00 Year 10 2:', c+= S64 Cry S17,330.00 S3,466.00 Totals $51,123.50 5173,300.00 5122,176.50 Indiana Tax Abatement Results Clark County,Jeff City OFW Tax Rate(18 Pay 19): I 3,4660'pI Improvements(PP): 52,900,000 Year Abatement Property Taxes av/ Property Taxes w/o Estimated Tax Abatement Percentage Abatement Abatement Savings ear 104% $C.{CC $40,205.60 $4 ,205.60 Year 2 50% $28,143.92 $56,287.84 $28,143.92 Year 3 40% $25,329.53 $42,215.88 $16,886.35 Year 4 20% $25,731.58 $32,164.48 $6,432.90 Year 5 10% $27,138.78 S30,154.20 53,015.42 Totals 5106,343,81 5201,028.00 594,684.19 ATTACHMENT TO THE STATEMENT OF BENEFITS FOR DELACO KASLE PROCESSING INDIANA LLC , 2019 The Council will grant a 5-year abatement on $5,000,000.00 in real property and a 2-year abatement on $250,000.00 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. 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. The Company understands 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 10% as described in Indiana Code 6-1.1-12.1-14. DELACO KASLE PROCESSING INDIANA, LLC By: Printed: Title: STATEMENT OF BENEFITS t j REAL ESTATE IMPROVEMENTS 2o_-PAY 2o• _ State Form 51767(Re/1 a-14) FORM 813-1/Real Properly Prescribed by the Department of Local Government Finance PRIVACY NOTICE This statement Is being completed for real property that qualifies under the following Indiana Code(check one box): Any information concerning the coat 121 Redevelopment or rehabilitation of real estate Improvements(IC 6-1,1-12.1-4) of the property and specific wane* 0 Residentially distressed area(IC 6 1.1-12.1-4.1) paid to individual employees by the property owner is confidential per INSTRUCTIONS: `IC 1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement must be submitted to the designating body BEFORE the redevelopment orrehabilitatlon of real property for which the person wishes to claim a deduction. 2. The statement of benefits form must be submitted to the designating body end the area designated an economic revitalization area before the Initiation of the redevelopment or rehabilitation for which the person desires to claim a deduction. 3. To obtain e deduction,a Form 322/RE must be filed with the County Auditor before May 10 in the year In which the addition to assessed valuation is made or not later than thirty(30)days after the assessment notice is mailed to the property owner if it was mailed after April 10. A property owner who failed to file a deduction application within the prescribed deadline may file an application between March 1 and May 10 of a subsequent year 4. A property owner who files for the deduction must provide the County Auditor and designating body with a Form OF-1/Real Property. The Form OF-1/Real Property should be attached to the Form 322/RE when the deduction Is first claimed and then updated annually for each year the deduction is applicable. /C 6-1.1-12.1-5.1(b) 5 For a Form SB-1/Real Property that is approved after June 30, 2013, the designating body is required to establish an abatement schedule for each deduction allowed. For a Form SS-1/Real Property that is approved prior to July 1, 2013, the abatement schedule approved by the designating body remains in effect. iC 6-1.1-12.1-17 SECTION 1 TAXPAYER INFORMATION Name or taxpayer DELACO KASLE PROCESSING INDIANA LLC Address of taxpayer(number and street,city,state,and ZIP code) 5146 MARITIME ROAD JEFFERSONVILLE, INDIANA 47130 Name of contact person 'Telephone number E-mail address KEITH PRICE ( 81 Via) 280-8800 keith.prlceedelactisteel.com SECTION 2 LOCATION AND ESCRiP1iON OF PROPOSED PROJECT genie of designating on y Resolution number DELACO KASLE PROCESSING INDIANA LLC Location of property County DLGF taxing district number 5146 MARITIME ROAD JEFFERSONVILLE, IN 47130 CLARK Description of rear property improvements,redevelopment or rehabilitation(use addfeonai sheets if necessary) Estimated start date(month,day,year) Addition of cold storage building in rear of existing plant to accomodate storage of pallets and supplies necessary 01/01/2020 for production due to addition of new pressline in plant interior. Estimated completion data(month day year) 03/31/2020 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT t um'nt nuroer `sW sTS f4,rlixac ey.i:nee Sala-res Nurster adtir,,onai £aria'ass 156.00 $7,250000.00. 156.00 $7 250 00000 a3 2ur . SECTION 4 ESTIMArED TOTAL COST AND VALUE OF PW eP9S •PR eJECT REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current values Pius esfimated values of proposed project 250.000.00 f Less values of any property being replaced • Net estimated values upon completion of pro ect 5itiCilON 5 WASTE CONVEf1'I't tYANI'r OTHER 1tE.NFFifiS PROMISED BY THE TAXPAYER Estimated solid waste Converted(pounds) i Estimated hazardous waste converted(pounds) Other benefits SECTION 6 TA XPAYEWCERTWICATION I hereby certify that the representations in this statementst are true. Signature of authorized rapresentalf l V Date signed(month,day,year) ..tL t g/��/�oi9 Printed name of authorized representative Tile Page 1 of 2 fOR USE Of THE DESIGNATiNOHOOY We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed under IC 6-1.1-12.1,provides for the following limitations: A. The designated area has been limited to a period of time not to exceed -5 _ calendar years'(see below). The date this designation expires is B. The type of deduction that Is allowed in the designated area is limited to: 1.Redevelopment or rehabilitation of real estate improvements ( 'Yes ❑No 2.Residentially distressed areas ❑Yes 0-No C. The amount of the deduction applicable is limited to$ 5,DCD,OQO.00 D. Other limitations or conditions(specify) E. Number of years allowed: ❑Year 1 (]Year 2 0 Year 3 ❑Year 4 Year 5 ('see below) ❑Year 6 ❑Year 7 ❑Year 8 ❑Year 9 ' ❑ Year 10 F. Forastatement of benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 8-1.1.12.1-17? Er'Yes ❑No If yes,attach a copy of the abatement schedule to this form. If no,the designating body Is required to establish an abatement schedule before the deduction can be determined. We have also reviewed the information contained In the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to justify the deduction described above. Approved nature a Chile ofauthorized mema�ofdesignating body) Telephone number Date signed(month,day.year) .,--Vice cDenf- i( $la) aS5-!a ^!a ? 9- /6-1 9 __.._ nted of authorized member of designating body blame of dasiOnaBrp body Pr CI I I S ePFe �rson o I I 1 e, .minor u n c 1 A bed by(signs and S le of attester} tart earns of attester vai Conl/ n •If the designating body limits the time pe lod during which an area Is an economic revitalization area,that limitation does not limit the length of time a taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17. A. For residentially distressed areas where the Form St3.1/Real Property was approved prior to July 1,2013,the deductions established In IC 6-1.1-12.1-4.1 remain in effect.The deduction period may not exceed five(5)years. For a Form SB-1/Real Property that is approved after June 30, 2013,the designating body is required to establish an abatement schedule for each deduction allowed. The deduction period may not exceed ten (10)years. (See IC 6-1,1-12.1-17 below.) B. For the redevelopment or rehabilitation of real property where the Form SB-1/Real Property was approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect.For a Form SB-1/Real Property that Is approved after June 30,2013,the designating body is required to establish an abatement schedule for each deduction allowed.(See IC 6-1.1-12.1-17 below.) IC 6-1.1-12.1-17 Abatement schedules Sec.17.(a)A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1) The total amount of the taxpayer's investment in real and personal property. I (2) The number of new full-time equivalent Jobs created. (3) The average wage of the new employees compared to the state minimum wage. (4) The Infrastructure requirements for the taxpayer's investment. (b) This subsection applies to a statement of benefits approved after June 30,2013. A designating body shall establish an abatement schedule for each deduction allowed under this chapter. An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. An abatement schedule may not exceed ten(10)years. (c) An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under CCj the terms of the resolution approving the taxpayer's statement of benefits. • Page 2 of 2 „*i- STATEMENT OF BENEFITS rki , PERSONAL PROPERTY FARM SB-1!PP ,, % State Form 51764(R4!11-15) c iy Prescribed by the Department of Local Government Finance ! PRIVACY NOTICE Any information concerning the coat of the property and specific salaries paid to Individual employees by the property owner Is confidential per IC 6-1,1-12.1-5.1. INSTRUCTIONS 1, This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant In making Its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submitted to the designating body BEFORE a person Installs the new manufacturing equipment and/or research and development equipment,and/or logistical distribution equipment and/or information technology equipment for which the person wishes to claim a deduction. 2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the installation of qualifying abatable equipment for which the person desires to claim a deduction. 3. To obtain a deduction, a person must file a certified deduction schedule with the person's personal property return on a certified deduction schedule (Form 103-ERA)with the township assessor of the township where the property is situated or with the county assessor If there is no township assessor for the township. The 103-ERA must be filed between January 1 and May 15 of the assessment year in which new manufacturing equipment and/or research and development equipment and/or logistical distribution equipment and/or Information technology equipment Is installed and fully functional,unless a filing extension has been obtained. A person who obtains a filing extension must file the form between January 1 and the extended due date of that year. 4. Property owners whose Statement of Benefits was approved,must submit Form CF-1,PP annually to show compliance with the Statement of Benefits. (IC 6-1,1-12.1-5,6) 5. For a Form SB-1/PP that is approved after June 30,2013,the designating body is required to establish an abatement schedule for each deduction allowed. Fore Form SB-1 PP that is approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect. (IC 6-1.1-121-17) SECTION I TAXPAYER INFORMATION Name of taxpayer ,Name of contact person DELACO KASLE PROCESSING INDIANA LLC . KEITH PRICE Address of taxpayer(number and street,city,,state,and 2rP code) Tolepllons number 5146 MARITIME ROAD JEFFERSONVILLE,INDIANA 47130 ( 812 ) 280-8800 SF6 ATtt)N 2 LOC t o..XA1i D SORt 6'TOCI`OF PROPOSED PROJECT Name of designating body Resolution number(a) DELACO KASLE PROCESSING INDIANA LLC — _ location of property County DLGF taxing district number 5146 MARITIME ROAD JEFFERSONVILLE,INDIANA 47130 CLARK Description of manufacturing equipment and/or research and development equipment ESTIMATED l and/or logistical distribution equipment and/or information technology equipment. ---- (Use additional sheets if necessary) START DATE COMPLETION DATE ADDITION OF NEW CUT-TO-LENGTH PRESSLINE IN EXISTING FACILITY. Manufacturing Equipment 01/01/2020 04/30/2020 I I R&D Equipment FLogist Dist Equipment IT Equipment SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT c...iriironumtter Sawn/-. •N.,rrx+ar it;mmnd ti l lure, hwmaw aoihhhptyt 5e'a: i • 156 250000 156. -72%000a3 92 u,crrx, SECTION 4 ESTIMATED TOTAL,COST AND VALUE OF PROPOSED PROJECT ! NOTE:Pursuant to IC 8-1.1-12.1-5.1(d)(2)the MANUFACTURING R&D EQUIPMENT LOGI8T DST IT EQUIPMENT EQUIPMENT COST of the property Is confidential. COSHASSESSEDVALU COST E IALuse COS70UIP VALUE COST ASSESSED VALUE Current values al 11-1, 620 -11$2.212'b Plus estimated values of proposed croieCt 6'Mt MO Less values of any property being replaced a-0-- Net estimated values upon corn Mtion of project . SECTION 5 WASTE CONVERTED ANC OTt4ERaENEFtTS_PROMIS,ED BY THE TAXPAYER Estimated solid waste converted(pounds) Estimated hazardous waste Converted(pounds) Other benefits: SECTION 6 TAXPAYER CERTIFICATION • I hereby certify that the representations In th statement are true. Signature of authorized repre tati)re Date signed mono,day yea, GG,,/tt/�� I 1 f q Printed name of authoriz�epresentative r i Tide o1a eZ 0 gel ru / '/G” t ea*Z Qi16ie Page 1 of 2 FOR.. E'017404EDES $ & Y - I we have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12,1-2.5, provides for the following limitations as authorized under IC 6-1.1-12.1-2. �w 0 A, The designated area has been limited to a period of time not to exceed calendar years'(sea below). The date this designation expires . NOTE:This question addresses whether the resolution contains an expiration date for the designated area. B.The type of deduction that is allowed in the designated area is limited to: i 1 .Installation of new manufacturing equipment; [✓1Yes 0 N a ❑ Enhanced Abatement per IC 6-1.1-12.1-18 2.Installation of new research and development equipment; D'Yes ❑N o Check box if an enhanced abatement was 3.Installation of new logistical distribution equipment. ElYes ❑No approved for one shore of these types 4. Installation of new information technology equipment; 0 Yes Er No C.The amount of deduction applicable to new manufacturing equipment Is limited to$ ae5Or WO•Ctcost with an assessed value of $_ . (One or both lines may be filled out to establish a limit,if desired) D.The amount of deduction applicable to new research and development equipment is limited to$ cost with an assessed value of . (One or both lines may be filled out to establish a limit,If desired.) E. The amount of deduction applicable to new logistical distribution equipment is limited to$ cost with an assessed value of $ . (One or both lines maybe filled out to establish a limit,if desired.) F. The amount of deduction applicable to new information technology equipment is limited to$ cost with an assessed value of $ . (One or both lines maybe filled out to establish a limit,if desired.) G. Other limitations or conditions(specify)__ H. The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or new Information technology equipment Installed and first claimed eligible for deduction Is allowed for. ❑ Year 1 zfk Year 2 0 Year 3 ❑ Year 4 © Year 5 ❑Enhanced Abatement per IC 6-1.1-12.1-18 Number of years approved: ❑ Year 6 ❑ Year 7 ❑ Year 8 ❑ Year 9 0 Year 10 (Enter one to twenty(1-20)years;may not exceed twenty(20)years.) I For a Statement of Benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-17? ❑Yes ❑No If yes,attach a copy of the abatement schedule to this form. If no,the designating body is required to establish an abatement schedule before the deduction can be determined. Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to Justify the deduction described above. by:(signs and Are of authorized member of designating body) I Telephone number 1 Date signed(month,day,year) �r Dce— eciderl f- (6(1)a ) ads -c,,ya7 -l/0 l9 Printed name of authorized member of designating body Name of designating body Pr c, ll _- srePPerSonotlIe Corn rnon Cott cI 1 Attes by: signature d bile attester) ,,� ----- ,�,���t�of� �� *if thehC designating body limits the time lad d ururiinngwhhiicch an area is an economic revitalization area,that limitation does not limit the length of time a taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 8-1.1-12.1-17 IC 6-1.1.121-17 Abatement schedules Sec.17.(a)A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1)The total amount of the taxpayer's investment in real and personal property. (2)fie number of new full-time equivalent jobs created. (3)The average wage of the new employees compared to the state minimum wage. (4)The infrastructure requirements for the taxpayers investment. (b)This subsection applies to a statement of benefits approved alter June 30,2013.A designating body shall establish an abatement schedule for each deduction allowed under this chapter.An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. An abatement schedule may not exceed ten(10)years. (c)An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under the terms of the resolution approving the taxpayer's statement of benefits Page 2 of 2 "EXHIBIT A" GUIDELINES FOR CONSIDERATION OF PROPERTY TAX ABATEMENT JEFFERSONVILLE,INDIANA Projects will be considered for abatement only if: 1. The company/project meets all of the criteria set forth under I.C. 6-1.1 1-12.1 et seq in the form of deductions from assessed valuation. 2. The proposed new investment includes at least$1 million of real property and/or personal property that qualifies for tax abatement. 3. Construction has not begun and/or equipment has not been ordered or the equipment will be new to the State of Indiana. 4. In addition, if the applicant is not the company, authorization of the application must be obtained from the company. TAX ABATEMENT APPLICATION SCORE SHEET Applicant Name: • Application Date: Company: OEM 60 /4/i . L.A" OCE. /.NG /N4AN// Lady Street Address: 634/6 fvJ13reI%tioi, RORQ City,State,ZIP: Ji?FF ZSery , in1 97/A0 Phone: 812- $O-- f3CO Email: ktirr,Mice G-DCLstCO..51za.,caM Company Name: (If different from applicant): SAME Street Address: City,State,ZIP: Website: Street Address of Project Location: A-/,c/ 44.44/7l/►!E lIOIi~1? City,State,ZIP: rf ffe/2so4'1//i� Ai c,/7/30 Project Description: /X2O/r"ioN OF NL-W P26SSLi-Ji. Al EX/sYL.r' G rcNc/4.931 1 isie_l g-ATE /4LvMra00,01 MDOCelia& e,7, 13/4/y/eS ALSci Atlt) £lad.L .3 Asi:' E SrRUG7uRC 7") £X/57/.41c ,WM 01416 TOliCcfiMCP)4YC PP4LLig7:5 ; SuAOL/CS A.vn A4c14161,VG 11117-1 Q/ L Foil ALL Alt,Jric7j& f kilns bur, Yam' SPACc doivrflrl/417S OF 4,i/21N3 A/Ern/ Liii 1.41 FXts 7'/J)G 6-7g L Page 1 of 8 Effective as of 10-26-15 PROJECT COMPOSITION: (6 points possible). If more than one scenario applies,use only the scenario with the highest point value. POINTS Personal Property Improvements 2 Real Property Improvements 4 Personal Property and Real Property Improvements 6 SCORECO ACTIVITY DETAIL: (18 points possible). If more than one scenario applies,use only the scenario with the highest point value. POINTS Existing Facility—new office addition 6 Existing Facility—expanding or upgrading existing product line 8 Existing Facility—adding new product line 10 Existing Facility—addition of manufacturing and warehousing space 12 New Industrial(manufacturing),Warehousing or Logistics Facility 14 New Corporate Regional Office or Headquarters Building 16 New Research&Development Facility 18 SCORE /-2 EXISTING VACANT STRUCTURE: (15 points possible). Will this project reactivate a facility that has been vacant for at least 12 months? POINTS Location will NOT reactivate a vacant facility 0 Location WILL reactivate a vacant facility 15 SCORE d PROJECT CAPITAL INVESTMENT: (25 points possible). What is the total capital investment for this project? Use only the applicable scenario with the highest point value. POINTS $1 million—$4,999,999 10 $5 million—$9,999,999 15 $10 million—$19,999,999 20 $20 million or more 25 SCORE Page 2 of 8 Effective as of 10-26-15 JOB RETENTION: (18 points possible). How many full-time positions will be retained as a result of this project? Use only the applicable scenario with the highest point value. POINTS 1—9 retained jobs 2 10—19 retained jobs 4 20—29 retained jobs 6 30-49 retained jobs 8 50-99 retained jobs 10 100—249 retained jobs 14 250—499 retained jobs 16 500 or more retained jobs 18 SCORE '4/ NEW JOB CREATION: (18 points possible). How many net new full-time positions will be created as a result of this project? Use only the applicable scenario with the highest point value. POINTS 1—9 new jobs 2 10-19 new jobs 4 20—29 new jobs 6 30—49 new jobs 8 50—99 new jobs 10 100—249 new jobs 14 250--499 new jobs 16 500 or more new jobs 18 SCORE AVERAGE WAGE: (18 points possible). Utilizing the average wage of all full-time positions for this project and using the current state minimum wage as a benchmark,how does the average wage of this project compare to the current minimum wage? Use only the applicable scenario with the highest point value. POINTS Less than 3 times current minimum wage 0 3 times current minimum wage 10 3.5 times current minimum wage 12 4 times current minimum wage 14 4.5 times current minimum wage 16 5 times current minimum wage(or higher) 18 SCORE d Page 3 of 8 Effective as of 10-26-15 EMPLOYER-SPONSORED HEALTH AND WELLNESS BENEFITS: (5 points possible). Will the company provide employer-sponsored health and wellness benefits at this location? POINTS Location will NOT provide employer-sponsored health and wellness benefits at this location Location WILL provide employer-sponsored health and 5 wellness benefits at this location SCORE Jf WORKPLACE WELLNESS: (5 points possible). Will the company encourage and promote workplace wellness through employee participation in exercise and healthy living programs? POINTS Company will NOT promote workplace wellness through employee participation in exercise and healthy living 0 programs Company WILL promote workplace wellness through employee participation in exercise and healthy living 5 programs SCORE 5 EMPLOYER-SPONSORED RETIREMENT PLAN: (5 points possible). Will the company provide an employer-sponsored retirement plan at this location? POINTS Company will NOT provide an employer-sponsored 0 retirement plan at this location Company WILL provide an employer-sponsored 5 retirement plan at this location SCORE BENEFITS PACKAGE: (8 points possible). What percentage of your employees'total compensation package are fringe benefits? Use only the applicable scenario with the highest point value. POINTS 1-10% 2 11-15% 4 16-20% 6 21-30%or higher g _. SCORE Page 4 of 8 Effective as of 10-26-15 DIVERSITY: (7 points possible). Will the company have a diversity and inclusion policy in effect at this location? POINTS Company will NOT have a diversity and inclusion policy at 0 this location Company WILL have a diversity and inclusion policy at this 7 location SCORE i' GREEN TECHNOLOGY: (7 points possible). Will the company utilize green technology at this location? Please provide a description of all green technologies to be utilized at this location here: '�r4/2/r,poFRC 57i6L r ALVAI/AJCi_pt L 470 L/C/i7l'G ,c,#Jci 11 POINTS Company will NOT utilize green technology at this location Company WILL utilize green technology at this location 7 SCORE / GREEN INITIATIVES AND SUSTAINABILITY ACTIVITIES: (7 points possible). Will the company implement programs designed to support sustainability through employee ride sharing,public transportation use, on-campus dining options or other initiatives Please provide a description of all green initiative programs to be utilized at this location here: POINTS Location will NOT implement green initiative programs 0 Location WILL utilize green initiative programs 7 SCORE Page 5 of 8 Effective as of 10-26-15 COMMUNITY INVOLVEMENT: (5 points possible). The City of Jeffersonville will look favorably on companies that are involved in the community. The city will consider past and/or current community involvement of an existing company or proposed community involvement of a new company. Community involvement may include projects associated with the city,schools,local non-profit organizations,senior citizens, disadvantaged individuals or groups,day cares,etc. Community involvement must be documented and applicable documents attached to this Score Sheet. Please provide a narrative of community involvement here: POINTS Location will NOT be supporting projects associated with the city, schools, local non-profit organizations,senior citizens, disadvantaged individuals or groups, day cares, etc. Location WILL be supporting projects associated with the city,schools, local non-profit organizations, senior citizens, disadvantaged individuals or groups,day cares, 5 etc. SCORE TOTAL PROJECT SCORE: Please add all above scores together and provide the total below TOTAL OF ALL ABOVE SCORES I SIGNATURES Signature of Applicant: Date: Print Name: -- ----------- Signature of Company Representative: Date: (if different from applicant). Print Name: Page 6 of 8 Effective as of 10-26-15 OPRTY T TOTAL SCORE ---- ;Alt AB GUIDELINE FOR REAL PRE ATEMEM ,,,_.�' 2_9 Abatement Year 10-29 Abatement Per enc tage 100% 20'2= �ararisaras 100% 30-39 3 75go_ __ IIIIII IIIIIIIIIIIIIIiiiiiiiiiiiiiiiiiiiire 25% 1009; 40-49 a li lel wre m m m m swam 60% ,,■ 100%aill 90% 4 60% mmmmr 50-59 • 100% �� 75% 60% 60-69 .111=1. 11 100% 90% q 75% - �I- . _ 5 60% 6 _____ 45% 7 �35%' MEMIMI 70-79 1 2 100% 90% _-- 3 4 75% _-___-. 60% ainfill — - 8 1 80-89 _©_ 100% _ 90% _v� 60% 11.1111111111 -a_ 15% --- 10% Effective as of 10-26-15 90-99 1 1 Iaa% ` ga% s ���■ 6 _ 60% 7 9 8 3s-% _-- 1 p 100+ 1 �0% 3 100% 5 8% 6 65% 50% 8 40% 9 30% 10 Z0% 10% `OR PERSOy ``�, PROP ERryr __- gbatemQn--`- gBgM TC t Year ' tg aliftwierassis % s0% ssies 100% � 1 4a% 1ao� 4 50% 40% ---- 20% 1 2 100% 3 - 8096 4 40% `------__ 5 �0% _ _10 -- - Effective as 0 6-15