HomeMy WebLinkAbout1990-R-19 RESOLUTION NO. 90-R-
RESOLUTION COMMEMORATING PRIOR APPROVAL OF
STATEMENT OF BENEFITS
WHEREAS, the Common Council has previously approved the
Statement of Benefits filed by Bowles Mattress Co., Inc. as
evidenced by the minutes of the Common Council meeting of April
21, 1990, a copy of which is attached hereto; and,
WHEREAS, the Common CounCil has made the necessary
findings under Indiana Code 6-1.1-12.1-4.5 in approving this
Statement of Benefits at the prior meeting; and,
It has now been determined that it is the better practice
to approve said Statement of Benefits by numbered resolution of
the Common Council in order to fully memorialize the Council's
intent and approval.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of
the City of Jeffersonville that it hereby affirms its intent in
~&~3ranting the. Statement of Benefits attached hereto filed by
sunrise Fzcpcrtiec~ ~--
In approving this Statement of Benefits the Common Council
of the City of Jeffersonville specifically finds that as of the
it was originally approved as follows:
date
1.
That the estimate
rehabilitation is
described in the
developer.
of the value of the redevelopment and
reasonable for projects of the nature
Statement of Benefits submitted by the
That the estimate of the number of individuals who will be
employed or whose employment will be retained can
reasonably be expected to result from the proposed
described redevelopment or rehabilitation.
That the estimate of the annual salaries of those
individuals who will be employed or whose employment will
be retained can be reasonable expected to result from the
proposed described redevelopment or rehabilitation.
That all other information requested by the developer has
been submitted, and the benefits described in such
information can be reasonably expected to result from the
proposed described redevelopment or rehabilitation.
5. That the totality of benefits for said redevelopment or
rehabilitation is sufficient to justify the deduction.
Be it further resolved that the Common Council of the City
of Jeffersonville hereby approves the application for deduction
presented by the Statemen~ of Benefits filed herein and that
said developer shall be entitled to deductions for a period of
five (5) years for new manufacturing equipment commencing with
the filing and
Auditor's office.
Passed and
1990, by the Common
Clark County, Indiana.
perfection thereof with the Clark County
adopted this ~ day of .~.~ ,
Council of the City of Jeffersonville,
ATTEST:
C. RICHARD SPENCEr, JR. t/
CLERK-TREASURER ~
Presented by me as
City of Jeffersonville,
Approved and signed
Clerk-Treasurer to the Mayor of the
Indiana, this ~ day of
C. RICHARD SPENCEr, JR.
CLERK-TREASURER
by me this 7 day of
MAYOR DALE L. OREM ~
PAGE 2
APRIL 21, 1990
Mayor Orem introduced and explained Resolution No. 90-R-13, A
Confirming Resolution Designating Certain Development Areas As "Economic
Development'Target Areas" Within The City Of Jeffersonville, Indiana.
Councilperson Grooms made the motion to pass Resolution No. 90-R-13,
seconded b~ Council President Wais and carried unanimously. Discussion
was initiated by Councilperson Williams regarding the question of
monitoring agencies for tax abatements. There is no recourse to
withdraw an abatement if not followed through with the number of
employees stated on the application.
Mayor Orem introduced a Statement of Benefits for Bowles
Mattess Company, Inc., 1220 Watt Street, for new equipment and a
Statement of Benefits for Opal Bowles for a building addition. Mr.
Bowles was in attendance and answered questions. Councilperson Perkins
made the motion to approve both statements as presented, seconded bF
CounoilpersOn Carter and carried unanimously.
Counoilperson Perkins introduced Ordinance No. 90-OR-19, An
Ordinance Transferring Certain Funds Within Same Department.
Councilperson Perkins made the motion to suspend the rules for Ordinance
No. 90-OR-19, seconded
unanimously. Councilperson
No. 90-OR-19 on all three
with discussion following.
by Councilperson Williams and carried
Perkins made the motion to pass Ordinance
'readings, seconded by Councilperson Harrod
The procedures for sidewalk renovations were
reviewed, and the request kor the Partial funding of the convention
center feasibility study was discussed. Councilperson Grooms stated
this is one of the most exciting projects he has worked on.
COuncilperson Perkins outlined his reasons for being supportive.
Counci!person Williams questioned the justification of .the large
expenditures for the sewer rate study and ~he Court Avenue exte~sion
study. It was explained the rate study is required by law to accompany
the gr~nt application,
placement of traffic
and the Court Avenue study is required for
signal's. The cost figures are "not to e~ceed"
figures. Discussion was also. held as to the possibility of the
convention study saying no, and what would happen with the land and
DeMars. This study should be complete in eight weeks. The vote on
Ordinance No. '90-OR-19 was'called for and recorded as follows~
~ame of Designating Socly
City Council
STATEMENT OF BENEFITS STATE BOARD OF TAX COMMISSIONERS
,51~te F~'m 27167 (7-8~
Conli~nt~al Statem~t: The ;e~ Jn this s~ies ~e CONFIDENTIAL accruing to Indt~a ~Ue ~1~1-3~9.
INSTRUCTIONS: g.C. ~I.~.IZ1) THIS PAGE TO BE COMP~TED BY ARP~CANT . ,...
" Clark
Bowles Mattress Co., Inc.
1220 Watt St. Jeffersonville, In.
ZIP Coos
47130
~! 'SECTION I LOCATION~ COST:AND DESCRIPTION OF'PROPOSED PROJECT
ocat~on st property it ~iflsrent trom e~ove Taxin;; District
Jeff Township
;DSt aha aescriptlon of real pmpe~y tmpm~msnts ~ I or nsw manuf~tun~ equipment to
New Equipment to be added within next year:
Multi-quilter $35,000. to $70,000.
Panel Cutter' $15,000.
Assorted Sewing Machines 10,000.
(Attach additional sheets if needed)
Estimate~ Staming Dale
spt. 1, 1990.
Estimate Completion Date
Sept. 1, 1991
SECTION II E~TIMATE~OF EM[~LOYEES AND SALARIES.AS RIF.~ULT OF PROPOSED PROJECT
:~ 074.00 Nun 2t~e~ Retalneci S~?:074.00 ! NumDer A;Ciltion,, S;;Tf350. O0
SECTION iii ESTIMATE TOTAL COST AND VALUE OF PROPOSED PROJECT
I REAL ESTATE IMPROVEMENTS MACHINERY
COST ASSESSED VALUE COST ASSESSED VAL~E
Current Values : 41,398.74 5,250.
Plus estimated values of proposecl project- 7.5,000 · 00 16 ~ 250 ·
Less: Values of any property being replaced 2,000. O0
Nel estimated values upon completion of project ,$114,398.74 21,500.00
SECTION IV OTHER INFORMATION REQUIRED ~Y THE DESIGNATING BODY