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HomeMy WebLinkAbout2014-R-3RESOLUTION NO. 2014 -R - BEFORE THE COMMON COUNCIL FOR THE CITY- OF JEFFERSONVILLE, INDIANA RESOLUTION AMENDING STATEMENT OF BENEFIT FOR PROPOSE° REAL AN° PERSONAL PROPERTY TAX ABATEMENT WHEREAS, the Common Council for the City of Jeffersonville on November 16, 2013 adopted Resolution No. 2013-R-36 whereby statement of benefit for proposed real and personal property tax abatement was approved (see attached Exhibit A) for Rivera Consulting Group, Inc_ ("Rivera"); and WHEREAS, subsequent to the adoption of Resolution No_ 2013-R-36, Rivera has since changed its formal name for purposes of the project from Rivera to Rivera HQ Holdings, LLC; and WHEREAS, the new entity were formed for purposes of operating the project that is subject to the approved tax abatement; and WHEREAS, Rivera HQ Holdings, LLC will own both the real and personal property located at the site in the North Port Business Centre in Jeffersonville, Indiana which was the subject of Resolution No_ 2013-R-36; and WHEREAS, for purposes of a reduction in real and personal property taxes to be assessed at at the site in the North Port Business Centre in Jeffersonville Indiana, it is necessary to amend Resolution No. 2013-R-36 and the Statement of Benefits for Rivera to replace Rivera with Rivera HO Holdings, LLC; and WHEREAS, that all other provisions of Resolution No. 2013-R-36 and the Statement of Benefits shall remain unchanged. NOW, THEREFORE, BE IT RESOLVE° by the Common Council for the City of Jeffersonville, Indiana, that Resolution No. 2013-R-36 and the Statement of Benefits is hereby amended to replace Rivera with Rivera HO Holdings, LLC as the name of the taxpayer; and Passed and adopted on this .3 day of February, 2014, by the Common Council for the City of Jeffersonville, Indiana. Dennis Julius President, Com ATTEST: Vicki Conlin, Clerk n Council This Resolution presented by me as Clerk to the Mayor of Jeffersonville, Indiana at m. on this day of \\,i c,;�1�;„� , 2014. 0 Vicki-aiin, Clerk This Resolution signed and approved by me the Mayor of Jeffersonville, Indiana at a-/9 m. on this V7771 day of 41/2 Mike Moore, Mayor 14. This Resolution vetoed by me the Mayor of Jeffersonville, Indiana at day of , 2014. Mike Moore, Mayor m. on this BEFORE THE COMMON COUNCIL FOR THE CITY OF JEFFERSONVILLE, INDINAA RESOLUTION NO. 2013-R-„, RESOLUTION APPROVING STATEMENT OF BENEFIT FOR PROPOSED REAL PROPERTY AND PERSONAL PROPERTY TAX ABATEMENT WHEREAS, Rivera Consulting Group, Inc. petitioned the Common Council of the City of Jeffersonville, Indiana, fbr a deduction in real and personal property taxes to be assessed on a proposed redevelopment of property, including the construction and buildings and related improvements, to be generally located in the North Port Business Centre located in the City of Jeffersonville, Clark County, Indiana; and WHEREAS, Rivera Consulting Group, Inc., has submitted a Statement of Benefits on the form prescribed by the Indiana State Board of Tax Commissioners for real property and personal property, which statements includes a description of the proposed redevelopment, an estimate of the number of individuals who will be employed as a result of the redeveloped, 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 6-1.1-12.1-5, et seq.; and Online Copy From CityOfJeff.net City Clerk WHEREAS, the Redevelopment Commission of the City of Jeffersonville has made a favorable recommendation for approval of the Statement of Benefits; and WHEREAS, the Common Council has reviewed the Statement of Benefits and its attachment "A" submitted herein, and attaches and incorporates the Statement of Benefits submitted herein, and attaches and incorporates the attachment "A" to this Resolution. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Jeffersonville, Indiana, that it specifically and affirmatively find as follows: 1. That the estimate value of the qualifying real estate improvement of $5,500,000.00 is reasonable for projects of the nature described in the Statement of Benefits submitted by the company. 2. That the estimate value of the qualifying personal property improvement of $1,000,000.00 is reasonable for projects of the nature described in the Statement of Benefits submitted by the company. 3. That the estimate of the ntunber of 120 individuals who will be employed can reasonably be expected to result from the proposed described redevelopment or rehabilitation. 4. That the estimate of the annual salaries of 96 of those individuals who will be added can be reasonably expected to result from the proposed described redevelopment or rehabilitation. 5. That the taxes lessened from the granting of this abatement shall be for improvements in real estate up to the value of $5,500,000.00. Online Copy From CityOfJeff.net - City Clerk 6. That the taxes lessened from the granting of this abatement shall be for improvements in personal property up to the value of $1,000,000.00. 7. That all other information requested from Rivera Consulting Group, Inc. has been submitted, and the benefits described in such infoniiation can be reasonably expected to result from the proposed described redevelopment. 8. 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 for deduction presented by the Statement of Benefits filed by Rivera Consulting Group, Inc., and that said company shall be entitled to deduction for a period of TEN (10) years for improvements to real property and FIVE (5) years for personal property pursuant to provisions of I.C. 6-1.1-12.1-3(d), with the timely filing and perfection thereof with the Clark County Auditor's office. This Resolution shall be in full force and effect from and after its passage and approval. Passed this day of P,a,e't,gitt., , 2013. VOTE FO t . VOTED AGAINST: Online Copy From CityOfJeff.net - City Clerk Passed and adopted by the Common Council gf the City of Jeffersonville, Clark County, Indiana on this ter day of } ,7,,3;,, 2013. A1ES Vicki Conlin, Clerk Connie Sellers, Council President Presented by me as Clerk to the Mayor of said City of Jeffersonville this 'rr74 2013. This Resolution approved and signed by me this 2013. This Resolution vetoed by me this Online Copy From GityOfJeff.net e City Clerk Vicki Conlin, Clerk day of Mik Moore, May i r day of , 2013. Mike Moore, Mayor ATTACHMENT TO THE STATEMENT OF BENEFITS FOR RIVERA CONSULTING GROUP, INC. October 30, 2013 The council will grant a 10 -year abatement on $5,500,000.00 in real property and a 5 - year abatement on $1,000,000.00 in personal property as allowed by state statute. The company will provide jobs and salaries as specified in the SB -1 and any attachment thereto. The "salaries" on the SB -1 is agreed to mean base hourly wages, without overtime or benefits, times 2080 hours per year for the number of employees as indicated in Section 3 of the SB -1. It is the expectation of the council that the company will reach the number of employees and average wages specified on the SB -1 within five years of the date of the certificate of occupancy. The company understands that this abatement is being offered based upon those jobs and wages. If the company fails to substantially reach those numbers or fails to maintain those numbers over the life of the abatement, the council may as provided by law rescind this abatement. The company agrees to make available any and all information the council deems necessary to verify compliance. The company agrees to pay an annual fee of 5% as described in Indiana Code 6-1.1-12.1- 14. RIVERA CONSULTING GROUP, INC By: Printed: Title: Online Copy From CityOfJeffanet - City Clerk BEFORE THE JEFFERSONVILLE REDEVELOPMENT COMMISSION STATE OF INDIANA A RESOLUTION RECOMMENDING TO THE COMMON COUNCIL APPLICATION FOR TAX ABATEMENT FOR RIVERA CONSULTING GROUP, INC. RESOLUTION NO. 2013. -R - WHEREAS, Rivera Consulting Group, Inc the City of Jeffersonville, Indiana; WHEREAS, the Common Council is applications; . has made application for tax abatement from the designating body for approving such WHEREAS, said application requires review by the Jeffersonville Redevelopment Commission. NOW, THEREFORE, BE IT RESOLVED BY THE JEFFERSONVILLE REDEVELOPMENT COMMISSION THAT: 1. The Jeffersonville Redevelopment Commission has reviewed the attached "Statement of Benefits" for Real Property and Personal Property; and 2. The Jeffersonville Redevelopment Commission hereby recommends to the Common Council the application for tax abatement' for Rivera Consulting Group, Inc. Adopted at a meeting of the Jeffersonville Redevelopment Commission held the -0m day of pie 1 x . 2013. ST: -Seeretatzy JEFFERSONVILLE REDEVELOPMENT COMMlJSSION (/2961557. f Online Copy From CityOfJeff.net - City Clerk Online Copy From CityOfJeff.net City Clerk Preent