HomeMy WebLinkAbout1989-R-41 RESOLUTION NO. 89-R-41
RESOLUTION APPROVING STATEMENT OF BENEFITS FOR
PURPOSES OF REAL pROPERTY TAX ABATEMENT
WHEREAS, Ohana Energies, Inc. has petitioned the Common
Council for processing a tax abatement for improvements to be
made at the Clark Maritime Centre in the City of
jeffersonville, and has submitted a statement of Benefits on
the form prescribed by the Indiana
Commissioners for such purpose; and
WHEREAS, the Common Council of the
State Board of Tax
City of jeffersonville
has previously determined that the Clark Maritime Centre in the
city of jeffersonville qualifies as an economic revitalization
area pursuant to Indiana Code 6-1.1-12.1 et seq.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of
the city of jeffersonville that it specifically finds as
follows:
1. That the estimate
rehabilitation is
described in the
of the value of the redevelopment and
reasonable for projects of the nature
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 reasonably 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 by Ohana Energies,
Inc. and that said developer shall be entitled to deductions
for a period of five (5) years for manufacturing equipment
perfection thereof with the
of
commencing with the filing and
Clark county Auditor'S office.
Passed and adopted this
1989, by the Common Council
clark County, Indiana.
~/ day of
the City of jeffersonville,
PRESIDENT, cOMMON COUNCIL
ATTEST:
Presented by me as
city of jeffersonville,
Approved and signed
Clerk-Treasurer to the Mayor of the
Indiana, this ~-/ day of
by me this ~/ day of
MAYOR DALE L. OREM