HomeMy WebLinkAbout2019--R-15 AMATROL BEFORE THE COMMON COUNCIL
FOR THE CITY OF JEFFERSONVILLE, INDIANA
RESOLUTION NO. 2019-R- IS
RESOLUTION APPROVING STATEMENT OF BENEFIT FOR
PROPOSED REAL PROPERTY & PERSONAL PROPERTY TAX ABATEMENT
WHEREAS,Amatrol, Inc. 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, for an approximately 30% expansion of their manufacturing space to
accommodate growth of new product line and equipment to support proposed expansion to be
generally located at 2400 Centennial Boulevard located in the City of Jeffersonville, Clark
County, Indiana; and
WHEREAS,Amatrol, 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
statement includes a description of the proposed expansion and investment in equipment, an
estimate of the number of individuals who will be retained as a result of the expansion and
investment in equipment, an estimate of the salaries of these individuals, an estimate of the
number of individuals who will be employed as a result of the expansion and investment in
equipment, an estimate of the annual salaries of these individuals, and an estimate of the value of
the expansion and investment in equipment; 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
aoi S-RBIs
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 both
Statements 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 Amatrol, Inc., and that said company shall be entitled to
deduction for a period of TEN (10)years for improvements to real property and a period of
FIVE (5)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 '7 day of Dc,-k bet , 2019.
0 D F R: VOTED AGAINST:
aoiQR-Ls
Passed and adopted by the Common Council of the City of Jeffersonville, Clark County,
Indiana on this '7 day of Or. ber , 2019.
Tresideny
Attest: I I, Vice- 4es%d)en r1-
Ife)Ch 10-2eLL
Vicki Conlin, Clerk
Presented by me as Clerk to the Mayor of said City of Jeffersonville this? day of
Q�c -o}D p(-" , 2019.
fait-
Vicki Conlin, Clerk
This Resolution approved and signed by me this day of 2019.
•
1l��Z
ike Moore, Ma or
This Resolution vetoed by me this day of , 2019.
Mike Moore, Mayor
4 t{TAT.
�,,.� STATEMENT OF BENEFITS 20 PAY 20
. ' l REAL ESTATE IMPROVEMENTS
/ State Form 51767(R6/10-14) FORM SB-1 i Real Property
ase 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 cost
Ez Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) of paid tothe individual
and specific salaries
ties
individual employees by the
❑Residentially distressed area(IC 6-1.1-12.1-4.1) 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 the redevelopment or rehabilitation 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 and 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 a 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 CF-1/Real Property. The Form CF-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.
IC 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 SB-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 of taxpayer
AMATROL INC
Address of taxpayer(number and street,city,state,and ZIP code)
2400 CENTENNIAL BLVD JEFFERSONVILLE, KY 47130
Name of contact person Telephone number E-mail address
PAUL PERKINS ( 812 ) 288-8285 paul_perkins@amatrol.com
SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT
Name of designating body Resolution number
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Location of property County DLGF taxing district number
2400 CENTENNIAL BLVD JEFFERSONVILLE, KY 47130 CLARK 10-039-010
Description of real property improvements,redevelopment,or rehabilitation(use additional sheets if necessary) Estimated start date(month,day,year)
This proposed expansion represents an approximately-30%"expansion(26,000 sf)of Amatrol's manufacturing space 12/01/2019 _
to accommodate growth of new product lines in Smart Automation and HVAC,and to accommodate growth in Estimated completion date(month,day,year)
International markets. 12/31/2020
SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT
Current number Salaries Number retained Salaries Number additional Salaries
198.00 $8,800,000.00 198.00 $8,800,000.00 35.00 $1,700,000.00
SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT
REAL ESTATE IMPROVEMENTS
COST ASSESSED VALUE
Current values 6,976,281.00 5,936,400.00
Plus estimated values of proposed project 2,000,000.00 2,000,000.00
Less values of any property being replaced o.00
Net estimated values upon completion of pro'ect e,976,281.00 7,939,400.00
SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER
Estimated solid waste converted(pounds) 0.00 Estimated hazardous waste converted(pounds) 0.00
Other benefits
SECTION 6 TAXPAYER CERTIFICATION
I hereby certi that the represen rs in t s Jtement are true.
Signature of a oriz represe jilD e Date signed(month,day,year)
SEPT 18, 2019
Printed name o authorized representative Title
PAUL PERKINS PRESIDENT
Page 1 of 2
FOR USE OF THE DESIGNATING BODY
We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed
under IC 6-1.1-12.1,provides for the following limitations:
A. The designated area has been limited to a period of time not to exceed I 09 IT5 calendar years*(see below). The date this designation
expires is
B. The type of deduction that is allowed in the designated area is limited to:
1.Redevelopment or rehabilitation of real estate improvements ,Yes ❑No
2.Residentially distressed areas ❑Yes ❑No
C. The amount of the deduction applicable is limited to$ c COO,c.r
D. Other limitations or conditions(specify)
E. Number of years allowed: ❑Year 1 ❑Year 2 O Year 3 0 Year 4 E.,Year 5 (*see below)
❑Year 6 ❑ Year 7 ❑ Year 8 ❑ Year 9 Year10
F. 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.
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(signature and title of authorized member of designating body) Telephone number Date signed(month,day,year)
% ` ." ' (f'la ) S75-(b1-1a I0 -7-1
P ed name/f�authorized m tuber f designating body Name of designating body
IA-15F} C)III VrGe- PreSiken -I- ��i e(-Sonu1 11-e_ C,omm0✓1 C_I (
Att d by(signal a and tie of attester) Pri ed name of attester
`1 �z , G I1�Ic �n 1
`If the designating body limits the tim period 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 SB-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.
(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
the terms of the resolution approving the taxpayer's statement of benefits
Page 2 of 2
"IN, STATEMENT OF BENEFITS
7, ' PERSONAL PROPERTY FORM SB-1 /PP
'.,.'.ham.
!!) State Form 51764(R4 111-15)
`% Prescribed by the Department of Local Government Finance PRIVACY NOTICE
Any information concerning the cost
of the property and specific salaries paid
to individual employees by the properly
owner is confidential per IC 6-1.1-12.1-5.1.
INSTRUCTIONS
y, 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.
For a Form SB-1/PP that is approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect. (IC 6-1.1-12.1-17)
SECTION 1 TAXPAYER INFORMATION
Name of taxpayer Name of contact person
AMATROL INC PAUL PERKINS
Address of taxpayer(number and street,city,state,and ZIP code) Telephone number
2400 CENTENNIAL BLVD JEFFERSONVILLE, KY 47130 ( 812 ) 288-8285
SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT
Name of designating body Resolution number(s)
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Location of property County DLGF taxing district number
2400 CENTENNIAL BLVD JEFFERSONVILLE,KY 47130 CLARK 10-039-010
Description of manufacturing equipment and/or research and development equipment ESTIMATED
and/or logistical distribution equipment and/or information technology equipment. START DATE COMPLETION DATE
(Use additional sheets if necessary)
Equipment to support proposed expansion(26,000 sf)of Amatrol's Manufacturing Equipment 12/01/2019 12/31/2020
manufacturing space to accommodate growth of new product lines in Smart R&D Equipment
Automation and HVAC, and to accommodate growth in International markets.
Logist Dist Equipment
IT Equipment
SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT
Current number Salaries Number retained Salaries Number additional Salaries
198 8,800,000 198 8,800,000 35 1,700,000
SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT
NOTE:Pursuant to IC 6-1.1-12.1-5.1 (d)(2)the MANUFACTURING R&D EQUIPMENT LOGIST DIST IT EQUIPMENT
EQUIPMENT EQUIPMENT
COST of the property is confidential. COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED
VALUE VALUE VALUE VALUE
Current values 1,237,737 360,355 56,060 16,321 71,668 20,865 1,651,112 480,706
Plus estimated values of proposed project 550,000 550,000 0 0 0
Less values of any property being replaced 0 0 0 0
Net estimated values upon completion of project 1,787,737 910,355 56,060 16,321 71,668 20,865 1,651,112 480,706
SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER
Estimated solid waste converted(pounds) 0 Estimated hazardous waste converted(pounds) 0
Other benefits:
SECTION 6 TAXPAYER CERTIFICATION
I hereby Ify - t the representation" • ire true.
Signatur:of au orized repres ntattati e Date signed(month,day,year)
—..� SEPT 18, 2019
Printed name of authorized representative Title
PAUL PERKINS PRESIDENT
Page 1 of 2
FOR USE OF THE DESIGNATING BODY
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.
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 . 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:
1 . Installation of new manufacturing equipment; Yes ❑ No ❑ Enhanced Abatement per IC 6-1.1-12.1-18
2 . Installation of new research and development equipment; ❑ Yes ❑ N o Check box if an enhanced abatement was
approved for one or more of these types.
3. Installation of new logistical distribution equipment. ❑ Yes ❑ N o
4. Installation of new information technology equipment; Yes ❑ No
C.The amount of deduction applicable to new manufacturing equipment is limited to$ cost 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 maybe 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 El Year 2 ❑ Year 3 El 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 ❑ 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.
Approved b (signatur d title of authorized member of designating body) Telephone number Date signed(month,day,year)
( l ) 5- -7
d na e of authorized member of designating body Name of designating body
I //��
h-ISA G- ,11 fic.e Res �e_rl+- Se�127�n� �Ie Common COQ/lot I
Atte ted :(signet an title of attester P'riplted name%attester
Vs G ( 1�rD/J/l'✓1
*If the designating body limits the ime period 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.
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.
(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 the terms of the
resolution approving the taxpayer's statement of benefits.
Page 2 of 2
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$2,000,000.00 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
$550,000.00 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
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 198 individuals to be retained at the project site
can reasonably be expected to result from the proposed described expansion and
investment.
6. That the estimate of the annual salaries of the 198 individuals who will be retained at
the project site can reasonably be expected to result from the proposed described
expansion and investment.
7. That the estimate of the number of 35 new individuals to be employed at the project
site can reasonably be expected to result from the proposed described expansion and
investment.
8. That the estimate of the annual salaries of the 35 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$2,000,000.00 and improvements in personal property
up to the value of$550,000.00.
10. That all other information requested from Amatrol, Inc. 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 Amatrol, Inc. 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.
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 CWW
Tax Rate(18 Pay 19): I 14660%L
Improvements(RE): $500,000
Year Abatement -Property Taxes WI' Property Taxes w/o Estimated Tax Abatement
Percentage Abatement Abatement Savings
Year 1 1005'. $0.00 517,330.03 517,333.33
Year 2 100% $0.00 $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 70% $5,199.00 $17,330.00 $12,131.00
Year 7 60% $6,932.00 $17,330.00 $10,398.00
Year 8 50% $8,665.00 $17,330.00 $8,665.00
Year 9 40% 510,398.00 ' $17,330.00 $6,932.00
Year 10 20% $13,864.00 $17,330.00 $3,466.00
rri00*.
Totals $51,123.50 $173,300,00 $122,176,50
._. .. .
.. .. ...
Indiana Tax Abatement Results
Clark County,Jeff City OFW
Tax Rate(18 Pay 19): I 3.4660%1
Improvements PP : $2,900,000
.‘ year ' ' Abatement PrOPerty Taxes WI Property Taxes w/o - Estimated Tax Abatement
Percentage Abatement Abatement Savings
Year 1 ICO% 50.00 $40,205.56 $40,205.66
Year 2 50% $28,143.92 $56,287.64 $28,143.92
Year 3 40% 525,329.53 $42,215.88 $16,886.35
Year 4 20% S25,731.58 $32,164.48 $6,432..90
Year 5 ' 10% $27,138.78 530154.20 S3,1215.42
I r,
Totals : $106,343.81 $201,028.00 $94,684.19
- ,
ATTACHMENT TO THE STATEMENT OF BENEFITS
FOR AMATROL, INC.
, 2019
The Council will grant a 10-year abatement on$2,000,000.00 in real property and $550,000.00
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.
AMATROL, INC.
By:
Printed:
Title:
BEFORE THE JEFFERSONVILLE REDEVELOPMENT COMMISSION
STATE OF INDIANA
A RESOLUTION RECOMMENDING TO THE COMMON COUNCIL
APPLICATIONS FOR TAX ABATEMENT FOR
AMATROL, INC.
RESOLUTION NO. 2019-R- 5
WHEREAS, Amatrol, Inc. has made application for 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 Personal Property and Real Property; and
2. The Jeffersonville Redevelopment Commission hereby recommends to the
Common Council the applications for tax abatement for Amatrol, Inc. for personal property and
real property.
Ado d at a m etin of the Jeffersonville Redevelopment Commission held the i�t
day of / , 2019.
JEFFERSONVILLE REDEVELOPMENT
COMMISSION
/72"-- -
Pr ide
ATTEST:
Secretary
I/2961557.1
CURRENT CONDITION W/ EXPANSION
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"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: Paul Perkins Application Date: 9/18/2019
Company: Amatrol, Inc.
Street Address: 2400 Centennial Blvd.
City,State,ZIP: Jeffersonville, IN 47130
Phone: 812-288-8285 Email: paul_perkins@amatrol.com
Company Name: N/A
(if different from applicant):
Street Address:
City,State,ZIP:
Website:
Street Address of Project Location: 2400 Centennial Blvd.
City,State,ZIP: Jeffersonville, IN 47130.
Project Description: This proposed expansion represents an approximately 30%expanssion
(adding 26,000 sf)to Amatrol's manufacturing space to accommodate growth of new product lines in
Smart Automation and HVAC training equipment/software and support growth of existing products in
domestic and international markets.
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
SCORE 6
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 8
line
Existing Facility—adding new product line 10
Existing Facility—addition of manufacturing and 12
warehousing space
New Industrial (manufacturing), Warehousing or Logistics 14
Facility
New Corporate Regional Office or Headquarters Building 16
New Research & Development Facility 18
SCORE 12
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 QO
Location WILL reactivate a vacant facility 15
SCORE 0
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 10
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 14
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
50—99 new jobs 10
100—249 new jobs 14
250—499 new jobs
500 or more new jobs 18
SCORE 8
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 10
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 0
wellness benefits at this location
Location WILL provide employer-sponsored health and 5
wellness benefits at this location
SCORE 5
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 O5
programs
SCORE 5
EMPLOYER-SPONSORED RETIREMENT PLAN: (5 points possible). Will the company
provide an employer-sponsored retirement plan qt this location?
POINTS
Company will NOT provide an employer-sponsored 0
retirement plan at this location
Company WILL provide an employer-sponsored O
retirement plan at this location
SCORE 5
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
0% 0
1-10% 2
11—15% 4
16—20% L
21—30%or higher 8
SCORE 6
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
location
SCORE 7
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:
POINTS
Company will NOT utilize green technology at this 0
location
Company WILL utilize green technology at this location
SCORE 7
GREEN INITIATIVES AND SUSTAINABIIITY 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 7Q
SCORE 7
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 O
citizens, disadvantaged individuals or groups,day cares,
etc.
Location WILL be supporting projects associated with the
city,schools, local non-profit organizations, senior Q
citizens, disadvantaged individuals or groups, day cares,
etc.
SCORE 5
TOTAL PROJECT SCORE: Please add all above scores together and provide the total below
TOTAL OF ALL ABOVE SCORES 107
SIGNATURES
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Signature of Applicant: Date: 1 ( w' 19
1-J!
Print Name: POW I PC-,r.i v\_5
Signature of Company
Representative: Date:
(if different from applicant):
Print Name:
Page 6 of 8 Effective as of 10-26-15