HomeMy WebLinkAbout1995-R-16 HESOLUTION NO.
RESOLUTION STATm 'T OF SEN TS FOR URPOS $
OF PROPERTY TAX ABATEMENT.
WHEREAS, SYSTEMS CONTROL, INC. has petitioned the Common
Council of the City of Jeffersonville, Indiana, for a deduction
in real property taxes to assessed on proposed improvements to
be made at the Jeffersonville Industrial Park site (Lot ~17)
located in the City of Jeffersonville, Clark County, Indiana; and
WHi~REAS, SYSTEMS CONTROL, 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 total costs, an estimate of the
number of individuals who will be employed as a result of the
development, and an estimate of the annual salaries of these
individuals; and
WIi~REAS, the Common Council of the City of Jeffersonville
has previously determined that the area in which the proposed
project is located in the City of Jeffersonville qualifies as an
economic revltallzatlo area pursuant to Indiana Code 6-1.1-12.1
et seq., and Resolution No. 94-R-24; 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 RESOLVED by the Common Council of the
City of Jeffersonville that it specifically an.d affirmatively
finds as follows:
1. That the estimate of the value of the improvements is
reasonable for projects of the nature described in the Statement
of Benefits submitted by the tax payer.
2. That the estimate of the number of individuals who will
be employed can reasonably be expected to result from the proposed
described improvements and operations of such facility.
3. That all other information requested from Systems Control,
Inc. has been submitted, and the benefits described in such
information can be reasonably expected to result from the proposed
facility ·
4. That the totality of benefits for said facility is
sufficient to justify the deduction.
BE IT FURTHER RESOLVED, that the Common Council of the City
of Jeffersonville hereby approves the application for dedu. ction
presented by' the Statement of Benefits filed by Systems Control, Inc.
and that said taxpayer shall be entitled to deductions for a
period of ten (10) years for improvements to rea{ property,
pursuant to the provisions of I.C. 6-1.1-12-3(d) and ~
I.C. 6-1.1-12.1-4(d)(3), with the timely filing and perfection
thereof with the Clark County Auditor's office.
Passed and adopted this ~/ day of August, 1995, by
the Common Council of the City of Je~fersonville, Clark County,
Indiana.
Pre,idaC,Common Council
ATTEST:
C.R~hard Spen~er, J~".
Clerk-Treasurer
City
Presented by me as Clerk-Treasurer t~ the Mayor of the
of Jeffersonville, Indiana, this ~// day of August,
1995.
Approved and signed by me this ~ day of August, 1995.
· s~,~eT(=~.-s~) SB - 1
F~m 88.1 ti pf~cribecl by the State Bo~d of T~.~ Commissioners. 1989
INSTRUCTIONS: '. ..... ' in~-
~ ~ ~ ~ BEFORE a ~n ~n~.s ;~ new manum~Fn~ ~u~,.?., y
~ ~ ~ ~ of me n~ ~n~ ~ment ~H= a o~ may ~
~ ~E~m~ffi~byt~o~' (1)Maylo;~(2)~l~]~rano.~o~mr~.y
..................... -- .... M
~ ~ ~ ~, u~ a ~ e~ h~ ~ ~. A ~ ~ ~ a flli~ e~s~ mu~ ~le ~ ~ ~
J~ I~
4. P~ ~ ~ Sm~m ~ ~ ~ ~ ~ J~ 1, I~I ~ s~ ~ CF- 1 annually to show ~lia~ ~ ~e ~mem of
~. (~c~.~.~a~.s.6) , .
SYSTEMS CONTROL, INC
A~dmsS of taxpayer ($t~e~; and number, ci~y, sta~ and ZIP code)
246 SOBRANTE WAY, SUNNYVALE, CA 94086
TERRY M. VAIDIK
Telephone number
(219) 947-7262
CO~ON COUNCIL OF THE CITY .OF JEFFERSONVILLE
Taxing
~n ~ ~ ~un~
~n ~ m~ ~W impmvemen~ ~ / or ~w manufa~udng ~uipme~ to ~ a~uir~ (use additional Estimat~ sta~ing date
OCtOBeR [5~ [995
9000 SF STEEL BUILDING WITH 2500 SF OFFICE AND Estimat~ completion date
4 VEHICLE EMISSION TESTING BAYS FEBRUARY 25, 1996
Number retained
0 0 n/a n/a 14
C~,,,~h .,,~ 0 0 n/a n/a
F~ e~n'~t"d values of ~-~-~--- project $250,000 $78,900 ,, "
N~ ~ ~ u~n ~leflon ~ ~o~ S250,000 $78,900 ,, "
ESTIMATE OF CONSTRUCTION WORKFORCE(TEMPORARY) IS 20-25 WITH WAGES
APPROXIMATELY $125,000.
USE OF LOCAL SUBCONTRACTORS DURING CONSTRUCTION PHASE
AND USE OF LOCAL WORKFORCE DURING OPERTIONS STAGE.
OF
, th~ Ne representations in this stateme~ ~e Eue.
~le PROJECT MGR ~Date sign~ (mon~, da~ yead
PASTOR CONSTRUTI~N
AGENT FOR SC, IN~. 8/11/95
We have reviewed our prior actions relating t° the des gnation of this economic revitalizatio~ area and find that the applicant meets the
enera standards ado ted in the resolution previous y approved by this body. Said resolution, passed under lC 6-1.1-12.1-2.5, pro-
g'vi~ for the following I~P~itations as authoflzed under lC 6,1.1-12.1-2.
desig~natsd area has been limited to a period of time not to exceed calendar years * (see below). 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 real estate improvements; i-I Yes r'3 No
2. Installation of new manufacturing equipment; i'"l Yes [] No
3. Rssidemially distressed areas [] Yes [] No
C. The amount of deduction applicable for new manufacturing equipment installed and first claimed eligible for deduction after July 1,
1987, is limited to $ cost with an assessed value of $.
D. The amount of deduction applicable to redevelopment or rehabilitation in an area designated after September 1, 1988 is limited to
$ cost with an assessed value of $
E. Other limitations or conditions (specify).
F. The deduction for new manufacturing equipment installed and first claimed eligible for deduction after July 1, 1991is allowed for:
I~ 5 years [] 10 years
Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reason-
able and have determined that the totality of benefits is sufficient to justify the deduction described above.
~Apf3~3~ (signature and title of auth~zed member) [Telephone number Date signed (month, day, year)
Atte~ed by'.~J c/~.} /~ ' */ Designated body
If the designating body limit~ the time period during which an area is an economic revitilization area, ~t do.e?.not I!m~t,the I~n. ,gth ,oft}me,
a taxpayer is entitled to receive a deduction to a number of years designated under lC 6-1.1-12,1-4 or 4.o Namely: {see tames ~e/ow]
3rd
4th
5th
6th
7th
8th
9th
10th
100%
95% 95%
80%
65% '
5O%
9O%
85%
8O%
70%
55%
40%
30%
25%
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
100% 100% 100%
6~%
33%
85%
66%
50%
34%
17%
95%
8O%
65%
50%
30%
20%
10%
5%
TESTING TECHNOLOGY
,~ugust 9, 1995
Mr. Terry Vaidik
Pastor Construction, Inc.
114 N. Lake Park Ave.
Hobart, IN 46342
Dear Terry:
This letter will serve as authorization for Pastor Construction, inc. to represent Systems
Control, Inc. with regard to tax abatement procurement activities.
Should further confirmation be necessary, please have the interested party contact me
at S/stems Control's Maine subsidiary, SC Testing Technology, at (207) 854-4885.
Bes ~
aarino
I Manager
JM:crm
pc: R. Tucker
Project File
10 Terminal Street * Westbrook, ME 04092
(207) 854-4885 * (207) 854-4881 Fax