HomeMy WebLinkAbout1990-R-21 RESOLUTIO
RESOLUTION COMMEMORATING PRIOR APPROVAL OF
STATEMENT OF BENEFITS
October 3, 1988,
WHEREAS,
findings under
WHEREAS, the Common Council has previously approved the
Statement of Benefits filed by American Commercial Lines, Inc.
as evidenced by the minutes of the Common Council meeting of
a copy of which is attached hereto; and,
the Common Council has made the necessary
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
the Common Council in order
intent and approval.
NOW, THEREFORE, BE
the City of Jeffersonville
Benefits by numbered resolution of
to fully memorialize the Council's
IT RESOLVED by the Common Council of
that it hereby affirms its intent in
granting t~e Statement of Benefits attached hereto filed by
In approving this Statement of Benefits the Common Council
of the City of Jeffersonville specifically finds that as of the
date it was originally approved as follows:
1. That the estimate of the value of the redevelopment and
rehabilitation £s reasonable for projects of the nature
described in the Statement of Benefits submitted by the
developer.
2. 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.
3. 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.
4. 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 Statement of Benefits filed herein and that
said
ten
(5) years
filing and
developer shall be entitled to deductions for a period of
(10) years for improvements to real property and for five
for new manufacturing equipment commencing with the
perfection thereof with the Clark County Auditor's
office.
Passed
1990, by the Common Council
and adopted this ~ day of . .~.~ ,
of the City of Jeffersonville,
Clark County, Indiana.
ATTEST:
Presented by me as
City of Jeffersonville,
, 1990.
signed
Approved and
//~ , 1990.
/
Clerk-Treasurer to the Mayor of the
Indiana, this ~ day of
R C~D SPENCE , JR.~./
CLERK-TREASURER ~ '~
by me this . ~ day of
Page 2
October
third and final reading. At the conclusion'of. Mr. Fifer' 's/presentation,
· ;
and general discussion among the members of the Council, Councilman Waiz
made a motion to pass Ordinance No. 88-ORv40 on the third and final read-
ing, seconded by Councilman Grooms and passed unanimously.
City Attorney C. Gregory Fifer addressed the Council regarding the
approval of Statements of Benefit previously submitted by Ashley Lithe-
graphing, ACL, S & R Truck Tire and Reisert Refrigeration, ~ reviewed
the documents supplied by the aforementioned companies. He"then asked
for a motion by the CounciLthat Council President Perkins be authorized
to approve said Statement of Benefits on behalf of American Commercial
Lines. Councilman Shrewsberry then made a motiqn that Council'President
Perkins be authorized t~.approve'the Statem~nt.'of Benefit~ of.~merican
Commercial Lines,'seconded by Councilman Williams and passed unanimously.
City Attorney C. Gregory Filer then'presented the Statement o~'
Benefits of S & R Truck Tire and addressed the Council concerning the
approval thereof. C6uncilman Grooms' thenmad~ a motion that Council
President Perkins be authorized to ~pproyei~he Statement of Benefits on
behalf of S & R Truck Tire, seconded by Coun¢itman'Waiz and passed
unanimously.
City Attorney C. Gregory Fifer then presented the Statement of
Benefits of Reisert,Refrigeratton Company an~ addressed the Council
concerning approval thereof. Councilman HarroW. then made a motion that
Council President Perkins be authorized to, approve the Statement of Bene~
on behalf of Reisert Refrigeration, seconded~by' Councilman Williams and
passed unanimously.
City Attorney C. Gregory Ftfer then presented the Statement of
Benefits of Ashley Lithographing and addressed the Council .concerning
approval thereof. Councilman Shrewsberry then made a.motion that Council
President Perkins be authorized to approve the Statement of Benefits on
behalf of Ashley Lithogr,aphing, .seconded'by'Councilman Waiz and passed
unanimously.
Mayor Orem introduced Mickey Rose, President of the Downtown
Merchants Association, who addressed the Council concerning the planting
of trees in downtown Jeffersonville. Council ~resident Perkins advised h
~-~..~'~ STATEM. ENT OF B;~NEFIT$
~nfidimJal Slatemint: ~e ri=roi M thai lit/il WI CO~FIDENflA~.aecmdlflg to Ifldlul ~OI
IN~TRUC~ON~; (I.~ ~I.I.ZZZ) THI~ PAGE TO BE COMP~ 8Y APPU~NT . ~ ~. .. .
manulactu~ng Iquipm~t ~ begins the r~v~lo~ment ~ ~ha~litati~ of [HI p~;e~ f~ ~i~ the ~on MsheS tO claim
· Dataval of the ~ezignlt~g body (City Coun~l, TO~ gea~, ~un~ ~n~l, et~ must ~ obtateed ~fom e eeductlofl may
4. · obtain a deeuctlon F~ 3~ E~, Real Estate Improvements end lot Form ~ ERA I P~,'New Machlne~, must be
N~e of DesignMing Boay "' ~ty _.
Common Council ; ': ...... I
~o of T&~e~er ~merican Commercial ~lnes, Inc. and its subS'i~aries -.
including American Commercial Barge cine ~pan~ .
1701 E. Market Street, Jeff~rspnville, IN ,';~' .'
STATE BOARD OF TAX COMMISSIONERS
'Clark -'
Same
New wing to'existing building (.7,5,000 sq, ft)
· Additional room to existing building .~.
Office furniture and eqUIpment for new wing
(At!ach additional sheets if needed)
Estlmateg Stoning Date
9/88
Clark County
Estimated Cost.
· q,985,000. ''
"qO0,O00.
1,300,000
11/89
SECTION II ESTIMATE OF EMPLOYEES AND SALARIES AS RF-~IJl T OF PROPOSED t~ROJECT
I
Est. 100
370 10,q23,000 . 370 10,q23,000 Est. 3,100~000
, SECTION III ESTIMATE TOTAL COST AND VALUE OF PROPOSED PROJECT
REAL ESTATE IMPROVEMENTS MACHINERY
COST ASSESSED VALUE COST ASSr:~;r) VALUE
Current Values 3/01/88 2.921.585 5z~2.530 5.97q,189 687,3~0
Plus estimated values of proposed project 5-385.000 1.077.000 1.300t000 · 173t300
Less: Values of any property being replaced -0- -0- -0- -0-
Net estimated values upon completion of project 8rS06t585 1t619t530 7~27q,189 860,6q0
SECTION IV OTHER INFORMATION REQUIRED DY THE DESIGNATING BODY
" K.W. Peters,
~ Oat~ ol Signature | Telepnofle Number
Sr. Vice President Finance C Administration [ August 31, 1988 I (812) 288-0516
Ilg
-ellm I §UlMOllOt eql Jo{ sep ~.o{d'g'~-L'~,-,',-n '~, jen~ ~-~, .................. ' __ ~L~t't't~ OI Jepun PeZlJoqlne se SUOl{
u~. ~ u, ~ ~...u -~l.{~w pl~ 'A~ slq} ~ ~Amoae A eno Ama UOllnl~eJ eql ul peldope spJep
-uels le~O eq{ sleem {U~lldde eq{ {eql puli P~ ~em U~leil~ Ol~ slq{ {o uolleUDlsep eq{ o{ OUllel~ su~loe J~Jd Jno ~l~ eAeq eM
'siueweAoJdWi emme leeJ uo pemne~ uONonpep %09 e ;o I puc PellelSuI ~eulqomm ~Ou uo Uoilo6~p e/~ ~ amnssv'
· ~mn~ el uON~npep ~ pu~ ~mooo loe[O~d ~1 e~ x~ e~ml~mddV
'8