HomeMy WebLinkAbout1999-R-16 RESOLUTION NO. 99-R-~.~
A RESOLUTION APPROVING STATEMENT OF BENEFITS FOR
PURPOSES OF PROPERTY TAX ABATEMENT
WHEREAS, AXMANN CONVEYING SYSTEMS, INC. has petitioned the
Common Council of the City of Jeffersonville, Indiana, for a deduction in real
property and personal property taxes to be assessed on proposed improvements to
be made and equipment in the BRIDGEPORT BUSINESS CENTRE, located in the
City of Jeffersonville, Clark County, Indiana; and
WHEREAS, AXMANN CONVEYING SYSTEMS, INC. has submitted a
Statement of Benefits on the form prescribed by the Indiana State Board of Tax
Commissioners for such purpose, which statement includes a description of the
proposed redevelopment, an estimate of the number of individuals who will be
employed as a result of the redevelopment, an estimate of the annual salaries of
these individuals, and an estimate of the value of the redevelopment; and
WHEREAS, the Common Council of the City of Jeffersonville has previously
determined that the area in which the proposed redevelopment project is located in
the City of Jeffersonville qualifies as an economic revitalization area pursuant to
Indiana Code 6-1.1-12.1 et seq., and Resolution 97-R-10 and Confirming Resolution
97-R-14; and
WHEREAS, the Common Council has reviewed the Statement of Benefits
submitted herein, and attaches and incorporates that Statement to this Resolution;
NOW THEREFORE, BE IT HEREBY RESOLVED by the Common Council of
the City of Jeffersonville, Indiana, that it specifically and affirmatively finds as follows:
That the estimate of the value of the redevelopment or rehabilitation is
reasonable for projects of the nature described in the Statement of Benefits
submitted by the developer.
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 reasonably expected
to result from the proposed described redevelopment or rehabilitation.
That all other information requested from the Applicant has been submitted,
and the benefits described in such information can be reasonably expected to
result from the proposed described redevelopment.
That the totality of benefits for said redevelopment is sufficient to justify the
deduction.
BE IT FURTHER RESOLVED, that the Common Council of the City of
Jeffersonville, Indiana, hereby approves the application and Statement of Benefits as
presented and filed by the Applicant, and that said Applicant shall be entitled to
deductions for a pedod of ten (10) years for improvements to real property, pursuant
to the provisions of I.C. 6-1.1-12.1-3(d) and I.C. 6-1.1-12,1-4(d)(3), and five (5) years
for equipment and machinery pursuant to I.C. 6-1.1-12.1-4.5, with the timely filing
and perfection thereof with the Clark County Auditor's office.
Passed and adopted this
"Thbmas R. Galli~afl
Presiding Officer
ATTEST:
~C.'lS, i'chard Sper~ce~, Jr. // '
Clerk and Treasurer ~'
Presented by me as Clerk an.~ Trea, surer to the Mayor of said City of
, . . 199_~..
Jeffersonville this /'~ day of ./~./2,'2_, ~ ,
'
Approved and signed by me this / ~ day of ~, 199~.
Tfiomas R. Galli~fi, ~ay~'
2
P~ 0~
STATEMENT OF BENEFITS
S
AXMANN CONVEYING SYSTEMS, INC.
A~lre.~ ol taxpayer (szraet and ~
13157 MIDDLETOWN INDUSTRIAL BLVD, - SUITE B
RENE ~ECK
LOUISVILLE, KY 40223
~leph0ne number
245-2653
CITY OF JEFFERSONVILLE CITY COUNCIL
BRIDGEPORT BUSINESS CENTRE
i~:>erty tmpro'vemenLs ~ ! or new ma.~a~,J~g
CONSTRUCTION OF NEW 22,500 SQUARE FOOT BUILDING
VARIOUS MACHINERY AND EQUIPMENT FOR PRODUCTION AND ASSEMBLY
IRe~:~u~n nu~oer
A?RTL, ].999
i~mate~ eom~atlon
OCTOBEr, 1999.
I heret~
in this statemem are true,
n,~d, (
DEC-21-1998 19:55 FROM S.I.E.D.C.
TO CITY OF JEFF, P.03
~ . ~tea and find
~ ~e d~ignat~ area ~s ~n fi~ m · ~e~ ol ~me n~ m ex~ _ . ~lend~ ye~ *
design~n e~ms is ....
~. ~me~ or mhabil~en ~ ~ ~e i~em~S;
~ l~l~n ~ n~ ~nu~u~g ~ui~ent; ~ Y~ ~ No
C- ~e ~ount of U~u~on ~pii~ble (or new man~uri~ ~uipment install~ a~ ~t ¢)~med ellg~le far dedu~on a~e~
1~7. is l~ to $ .. ~st w~ an ~ v~lue ~ $ .....
D. The am~ of Uedu~on ~ppll~ble to r~e~lopme~ or re,bill,on in an area deslgnat~ a~er ~ptem~r
$ ~. ~st ~h ~n ~essed v~ue ~ $
F, ~e d~u~i~ for n~ manufa~flng equ{pme~1 in~ll~ and flint ~med el~ible
0 5~ars 0 lOy~
AI~ ~ ~ rev~e~ ~e {n~atlo~ ~nt~ia~ in ~e ~ement ~ beaefi~ ~d f~ that the estimates
abl~ ~d h~e d~e~mi~ ~at the t~ of ~r~ ~ s~en~ ~ ju~ ~e dedu~on desk,ed
o! ~tme
be/ow)
loth
Five ($) Year
pememage
lO~h
TOTAL