HomeMy WebLinkAboutBrinley-Hardy Company '' - dh- f the designating body ?quires ;qfo,r~
1. This sta? ..... ,-~ n ma~ nn ~ d~smn ¢ou~ whethe ~ ..... i~men or BEFORE t~e re ....... Z .---.,~ ~t =r July
t~ ~fle designa lng b~dy ~cr~ ~ ~o~.-'Prolecrs" planne~ or comm~freq ~o ~ ..... ; .....
~-:Z~,.=NT OF aCNEtITS (lC ~.I.1-12 1) .... ~-n~l e c ) taus be obta ne~ prior to ¢nma,u. ~, ·
~ ~.~v~l of the deslgnatin~ ~ody (G~ CoFn?, , ..... bc~RE ~ fiaductmn may be approved.
M~¢inerz m~t De filed with ~e coumy auditor.
.............. ¢m¢nts and / or Form 322 ERA / P~ N~w --Z~_r ~ ~t;ce Of increase m rem pro~/
i ~ deduction. Fcrm 322 E~A, Haa~.~sr¢ru ..~ ........ r off (1 May 10; or (2) fh¢~y (30) ozys a¢~ ~i¢~. ~3es~menl year in ~h¢cn ~ew
4. Pro~e~y o ~ '
ol taxpayer
Brinly-Hardy Company
-~'~ras~ye, fstreet and number, dt~
3230 Industrial Parkway, jeffersonvt~e.
47230
John Wilson
~ &] 2 )~ql 8-7~1 4
oooy _ --
City of Jeffersonville City Council --co,Jmy -- Taxingd,stnct
~rooert~ ~'~Tt MATED
3230 Industrial Parkw va J,, effersonville. IN ..... - _~~11o
Bvstronic BySprint 3000 Watt Laser
. New ~tg E~uiome~ 1/10/01 1/20/01 .
3,711,134
¢,1~o proposed i~roiecl I, [-
~ ji-n~o r'e~t'apeci ~
mated solid waste converted (¢ounds)_
IOther ~enefits: N/A
t_
We have reviewed our prior actions re ating to the designation of this economic revitalization area and find that the applicant meets the
general standards adopted n the resolution previously approved by his body, Said resolution, passed under lC 6-1.1-12.1-2.5, pro-
vides for the following limitations as author zed under lC 6-1.1-12.1-2.
A. The designated area has been limited to a period of time not to exceed calendar years ' (see be/ow). 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 rear estate improvements; [] Yes [] N o
2. installation of new manufacturing equipment; r-I Yes [] No
3. Residentially distressed areas [] Yes [] No
C .The amount of deduction applicable for new manufacturing equipment is limited to $ cost with an assessed
value of $
D .The amount of deduction applicable to redevelopment or rehabilitation is limited to $ cost with an assessed
value of $
E. Other timitations or conditions (specify).
F. The deduction for new manufacturing equipment installed and first ctaimed eligible for deduction after July 1, 1991 is allowed for:
[] 5 years [] 10 ears The deduction period will be five (5) years unless the designating body has by resolution specified ~he ten (10) year perlod.
Also we have/e~vie~ )the information ~ontained i..n. t~e statement of benefits and find tha the estima es and exeecta ions are reason-
able and h~ d~e: ~h:t the totahty of benefl,s ,s sufficient to just,fy the deduction described above. -
~ au,hor/zed member) Telephone number Date s~gned (month. da~ year)
¢ ( )
A:tested by:
~"/ / ~ Designated body
* If the des gnadn~ body limi,s the time penod dunng which an area is an economic revitiliza~ion area, it does not limit the length of time
a taxpayer is endtled to receive a deduction to a number of years designated under lC 6-1.1 -12.1-4 or 4.5 Namely: (see tables below)
Year of f
Deduction
1st 100%
2nd 95%
3rd
4th
5th
6th
7th
8th
9th
10th
8O%
65%
50% 80%
7o%
55%
40%
30%
25%
Year of Three (3) Year I Six (6) Year ! Ten (10) Year
Deduction Deduction Deduction Deduction
1St { 100% I 100% [ 100%
2nd I 66% I 85% I 95%
3rd I 33% { 66% I 80%
4th i I 50% i 65%
51h I t 34% I 50%
6th J I 17% I 40%
7th I I 30%
8th I I 20%
9th I I J 10%
10th I I [ 5%
INSTRUCTIONS:
COMPLIANCE WITH STATEMENT OF Bt=NEFITS ~ CF
, .. 30 1991 must file this form with t~e Coun. ty Auditor
form (CF 1)
. Telephone '~u~ber
. . . ·
Current number of employ~ees
Sa[ados
Number of empfoyees retained
Salaries
Number of additional employee__s
Salaries
Values before project
Plus: Values of proposed project
Less: Values of any
Net va[ues upon completion
Less: Values of any
-onfident,al pursuant
Amount of hazardous waste converted 7
I hereby certify that the representations in this statement are true.
INSTRUCTIONS: (lC 6~1.1-12.1-$.9)
I. Within forty.five (45) days after receipt of this fo~ . . ' .
the Statement of Benefits m, the designating body may determine whether or not the prooe~ ....... ~_ _ .
2. If the property owner i$ found NOT to be in Substantial corn lianc · .
clude,the reasons for the determin · P e t r . v ~ ,,,,~, ,~s suostant~affy Complied
e~ o~ner for new m n,f~ .... abo~ and the date t/m~ -~-,-' he, Ees~gnat~ng bod~ a ~
4 ffthedes/gnat/ngbodydeterm/nes ' v~z~epr°peRy°wnerhasmaderea$onableeffO~to
and (3) the State Board of T~'~szgqat{ng body shall imm ~ "~ ~ ~ade reasonable effoR to , .
/ R"s~S ~r t' determina'J°n (a~ach add/tiona/~ts if noces$a.) _
/~et~na~ __ [] Denied (see instruction 4 above)
-- APPEAL ~ ~- --
? prope.,'ty Owner whose ded--,' - . . ~ A~. RIGHTS [lC 6-1 1-12.1-$.9 e ~ ~.
In ~he off ce o~' the Cim.;t .* ~,..~oc Is aen~ea by the desi .... · L ~ $(e)] ~ -- ~
._ag st the property owne,. °ur~togetherw'thabondco~nYdidoYn~¥~eaJthedesigna~in body's ,,..-,,., ....... ~' 'I
.... u ~o pay the costs of ~,, --;,'----d,"."'°'v" ~¥ rl~mg a corn eint '
__ ____ __ ..~ '~F~,~ ff the appeel is determined