HomeMy WebLinkAboutWayne Steel, Inc.SB-~I I
"-~" . . ~' ~ ' * u' em. er BEFORE the reoevelo~ment
to the des~natm9 ..... txx~y BEFORE a person ~nstalls ~e new manufac~unng ecl ~om ........ wa~ u=~"n~"'~ ,an ~:RA ............. ,-.~,, ,, .ed,, f ~,~ the
July I 1987 and areas cles~nateci after July 1, 1987 re~luJre a
2. Al~rovat of the cieS~gnaUng txx~, (Cily Counc~. Town 8Mrd~' tcl_ )m__.~t.~..l?.~ to inafation of the t~emlooment or tel~a~aita~on.
3. To obtain a deduction. Form 322 ERA. Real Estate Improvements and / or Form 322 ERA / PR New Ivlachine~, taus1 be filed ~ the coa~y audiaw. W'~
~srecen'e°tr°m~e.;°wrg"~aga~.:..'-'"'~-"~'~c ~----~-~-~ ~ane,~onwheobtaJns filin¢lex~er, sfo~mustfiletheformberweenMan~lanc
June 14 of that year.
4. Proper~yownerswhoseStatementofBenefitswasa;~xovedafterJulY 1, 1991 rnustsuOmitFormCF- I annuallytoshowcompliascewShthe$tatememo
Benefits. (IC6o1.1.12.1-5.6)
Name of taxpayer
Wayne Steel, Inc.
Address of taxpayer (~reet and nun~er, c~, stats an~ ZiP code)
1070 West Liberty Street, P. O. Box 999, Wooster,
Robert L. Stauffer, Vice President - Fihance
OH 44691-0999
tTe;e,i~r,e nu,,~ 4 6
(330) 264-8 1
City of Jeffersonville, Indiana
Loca~onOf~oe~ Clark Maritime Centre ~UmYclark
Jeffersonville, IN 47130
De~.iOaonofre~i~eme~ancl/orn~man~ae~un~ ~ul.m~to~ac~uited(uMa~.~
shnets#n~___~_~_~)
Building (approx. 80,000 sq ft) $3.6 million/equipment to
include 2 leveling & slitting lines, overhead cranes, shea
and miscellaneous support equipment approx. $5.225 million
Res~ution numt~'
97-R-
Utica
2-15-97
1 -1 -99
~ &~,~e~ Vldee CMl AMazed V~
~use=..,,,~v~ues~.~ie~ $3.6 million $5. 225 milli ~n
Le~ v~,,e~ of a~ ~o~ ~ ~=~ ~
N~,,,ai~~nUOm)~~ $3.6 millio~ $5.225 milliDn
T~tle Date s~gneci (,~0m~,, day, year;
Vice President 2/ ~ /97
· · ' lizafion area and find that the applicant meets ~o
...... ,.- ,*~,-~,.nat on of this economic re_vlt, a. ...... n~ss under lC 6-1 1-12.1-2.5, p
w; have reviewed our prior ~c~ ns , .:~ .... ,~,.,,,.l,~ at. roved by this t:x:~y.
--- - ..... ,~-,~s acionted in the reso,uuu- ~,=-,~.--,,~.. ;~.'i 1-12 1-2 .
g.eneral =?,,,,t.%,,~ .....,;~,..~-~,~ns as authorize~ unu~ ~, ,.'- .... · . - ,.-~-...~ The date
vides for the ~o,ow.,.j -,,,,,-,~ _ calendar years (see u,~u,.l...--
A. The designated area has tieen limited to a pedod of time not to exceed
designation expires is '-
B The type of deduction that is allowed in the designated area is limited
1. Redeveidpment or rehabilitation of real estate improvementS: l~[ Yes r-I No-
:lEI Yes EINo
2. lnstaltation of new manufacturing equipment;, r'l'Yes ~ No
3. Residentially distressed areas manufacturing equipment installed end first claimed eligible for deduction after July 1,
C. The amount of deduction applicable for new
cost with an assessed value of $ "'
1987, is limited to $ _
D. The amount of deduction applicable to redevelopment or rehabilitation in an area designated after September 1, 1988 is limited to
$ _ _cest with an assessed value of $ -'
E. Other limitations or conditions (specEy)
F. The deduction for new manufacturing equipment installed and first claimed eligible for deduction after July 1, 1991is alidwed for:.
[] 5 yearS ~ 10 years
nave rewewed the information cootamed in the statement of benefits anCl find that the estimates anti expectations are reason-
Aisc we .
a~e anti have determined that the totality of benefits is sufficient to iustify the deduction described above.
number Date slgneCl (rnon#~, ~ay, year)
~ anc~ ~Je o~ aua't°nzeO metr/oer)
(
Des~nate~ tx~y
· . . il zation area. it dnas not limit the length °f gme
.............. ,;,.,~ rinn which an area ls an econpmlc, r_e,v~ ~ ~.121.4or4.5Namaly:(seetal~lesl~el°w}
* if ~ desianatioq Oo~y limits me um~,l-',=~.,'-".d_~ '.=._~.~,. nf years desianate~ unaer ~. ,.- ......
a taxpayer is ernme~
Three (3) Year Slx (6} Year T~ear
Dedueaon Deduction
10U1