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HomeMy WebLinkAbout2018-R-1 BLUEGRASS BEFORE THE COMMON COUNCIL FOR THE CITY OF JEFFERSONVILLE, INDIANA RESOLUTION NO. 2018-R- / RESOLUTION APPROVING STATEMENT OF BENEFIT FOR PROPOSED PERSONAL PROPERTY AND REAL PROPERTY TAX ABATEMENTS WHEREAS, Bluegrass Supply Chain Services, LLC petitioned the Common Council of the City of Jeffersonville, Indiana, for a deduction in personal property and real property taxes to be assessed on a proposed improvements located at 1220 • Bridgeport Drive, in the City of Jeffersonville, Clark County, Indiana; and WHEREAS, Bluegrass Supply Chain Services, LLC, has submitted a Statement of Benefits on the form prescribed by the Indiana State Board of Tax Commissioners for personal property and real property, which statement includes a description of the proposed improvements, an estimate of the number of individuals who will be employed as a result of the improvements, an estimate of the annual salaries of these individuals, and an estimate of the value of the improvements; and WHEREAS, the Common Council of the City of Jeffersonville has previously determined that the area in which the proposed improvement 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 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. 416i71-u-i 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 property improvement of $8,400,000.00 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 $550,000.00 is reasonable for projects of the nature described in the Statement of Benefits submitted by the company. 3. That the estimate of the annual salaries of 70 of those individuals who will be added can be reasonably expected to result from the proposed described redevelopment or rehabilitation. 4. That the taxes lessened from the granting of this abatement shall be for improvements in real estate up to the value of$8,400,000.00. 5. That the taxes lessened from the granting of this abatement shall be for improvements in personal property up to the value of$550,000.00. 6. That all other information requested from Bluegrass Supply Chain Services, LLC has been submitted, and the benefits described in such information can be reasonably expected to result from the proposed described improvements. 7. That the totality of benefits for said improvements are sufficient to justify the deduction. 8. That Bluegrass Supply Chain Services, LLC has agreed to the payment of a fee of 10% of the annual benefit of the abatement of the Jeffersonville City Council annually as described in I.C. 6-1.1-12.1-14. R0182 'I8 -R - ! 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 Bluegrass Supply Chain Services, LLC, 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 improvements to 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 5 day ofckiejk , 2018. f =.D OR: VOTED AGAINST: LAMA AMINVFle r� Pu&„,cruba Passed and adopted by the Common Council of the City of Jeffersonville, Clark County, Indiana on this 5' day of , 2018. Lisa�President avativo Vicki Conlin, Clerk Presented by me as Clerk to the Mayor of said City of Jeffersonville this (p day of , 2018. L(F.Aii" fiD�k�•-v`_ Vicki Conlin, Clerk This Resolution approved and signed by me this ' d of fig . , 2018. Mik• Moore, May e This Resolution vetoed by me this day of , 2018. Mike Moore, Mayor BEFORE THE JEFFERSONVILLE REDEVELOPMENT COMMISSION STATE OF INDIANA A RESOLUTION RECOMMENDING TO THE COMMON COUNCIL APPLICATION FOR TAX ABATEMENT FOR BLUEGRASS SUPPLY CHAIN SERVICES, LLC RESOLUTION NO. 2018-R- WHEREAS, Bluegrass Supply Chain Services, LLC has made application for tax abatement from the City of Jeffersonville, Indiana; WHEREAS, the Common Council is the designating body for approving such applications; 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 Personal Property and Real Property; and 2. The Jeffersonville Redevelopment Commission hereby recommends to the Common Council the applications for tax abatement for Bluegrass Supply Chain Services, LLC A pted at a meeting of the Jeffersonville Redevelopment Commission held the Sr day of , 2018. JEFFERSONVILLE REDEVELOPMENT COMMISSION Ale Pre i•- t - ATTEST: —1 103 Secretary 1/2961557.1 ATTACHMENT TO THE STATEMENT OF BENEFITS FOR BLUEGRASS SUPPLY CHAIN SERVICES, LLC , 2018 The council will grant a ten (10) year abatement on $8,400,000.00 in real property and a five (5) year abatement on $550,000.00 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-l. 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 (5) 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 10% as described in Indiana Code 6-1.1- 12.1-14. BLUEGRASS SUPPLY CHAIN SERVICES, LLC By: /14/601W4f-14.AP Printed: /WO itaf Ahrap) Title: V/ ill t%tvg %Mao i/ ,/adh.-6 -4'-'!'vq. STATEMENT OF BENEFITS �L t 20 PAY 20 REAL ESTATE IMPROVEMENTS • State Form 51767(R6/10-14) FORM SB-1 I Real Property Prescribed by the Department of Local Government Finance PRIVACY NOTICE This statement is being completed for real property that qualifies under the following Indiana Code(check one box): Any information conceming the cost ❑Redevelopment or rehabilitation of real estate improvements(IC 6-1.1-12.1-4) of the individual vidurty and specific salaries paid to individual employees by the 0 Residentially distressed area(IC 6-1.1-12.1-4.1) property owner is confidential per IC 6-1.1-12.1-5.1. INSTRUCTIONS:1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise,this statement must be submitted to the designating body BEFORE the redevelopment or rehabilitation of real property for which the person wishes to claim a deduction. 2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the initiation of the redevelopment or rehabilitation for which the person desires to claim a deduction. 3. To obtain a deduction,a Form 322/RE must be filed with the County Auditor before May 10 in the year in which the addition to assessed valuation is made or not later than thirty(30)days after the assessment notice is mailed to the property owner if it was mailed after April 10. A property owner who failed to file a deduction application within the prescribed deadline may file an application between March 1 and May 10 of a subsequent year 4. A property owner who files for the deduction must provide the County Auditor and designating body with a Form CF-1/Real Property. The Form CF-1/Real Property should be attached to the Form 322/RE when the deduction is first claimed and then updated annually for each year the deduction is applicable. IC 6-1.1-12.1-5.1(b) 5. For a Form SB-1/Real Property that is approved after June 30, 2013, the designating body is required to establish an abatement schedule for each deduction allowed. For a Form SB-1/Real Property that is approved prior to July 1, 2013, the abatement schedule approved by the designating body remains in effect. iC 6-1.1-12.1-17 SECTION 1 TAXPAYER INFORMATION !Name of taxpayer Bluegrass Supply Chain Services, LLC I Address of taxpayer(number and street.city,state,and ZiP code) 350 Scotty's Way, Bowling Green, KY 42103 Name of contact person ----r-- Telephone number E-mail address John Higgins (270 )282-2211 john_higgins@bluegrass-scs,com SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of designating body Resolution number Bluegrass Supply Chain Services, LLC kit R i Location of property County DLGF taxing district number__._.........-._..._................_ 1220 Bridgeport Drive Clark Description of real property improvements,redevelopment,or rehabilitation(use additional sheets if necessary) Estimated start date(month,day,year) purchase land to build a 200,000 sq.ft.warehouse with offices.Services clients for warehousing,quality support, light assembly,and transportation management.Company intends to hire 70 net new employees by 2022,at $19.71/hr.Company will retain 14 employees currently employed in Jeffersonville,representing a total annual Estimated completion date(month,day,year) salary of$510,408.00. SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT Current number !Salaries Number retained Salaries Number additional Salaries 14 $510408.00 114 $510408.00 70 $2869776.00 SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT REAL ESTATE IMPROVEMENTS COST ASSESSED VALUE Current values Plus estimated values of proposed project 8400000.00 ........._.....----- Less values of any property being replaced Net estimated values u.on completion of pro'ect 8400000.00 SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds) Other benefits — SECTION 6 TAXPAYER CERTIFICATION I hereby certify that the representations in this statement are true. Signal re r authorized,;ep�sentaiive ��� Dale signed(month,day,year) Printed ame of authorized representative Title John Higgins President ^� Page 1 of 2 FOR USE OF THE DESIGNATING BODY We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12.1-2.5, provides for the following limitations as authorized under IC 6-1.1-12.1-2. A. The designated area has been limited to a period of time not to exceed '0 calendar years*(see below). The date this designation expires is a0A9 . NOTE:This question addresses whether the resolution contains an expiration date for the designated area. B. The type of deduction that is allowed in the designated area is limited to: 1 . Installation of new manufacturing equipment; ❑ Yes ❑ N o ❑ Enhanced Abatement per IC 6-1.1-12.1-18 2. Installation of new research and development equipment; ❑ Yes ❑ N o Check box if an enhanced abatement was approved for one or more of these types. 3. Installation of new logistical distribution equipment. ❑ Yes ❑ No 4. Installation of new information technology equipment; ❑ Yes ❑ No C.The amount of deduction applicable to new manufacturing equipment is limited to$ cost with an assessed value of $ . (One or both lines may be filled out to establish a limit,if desired.) D.The amount of deduction applicable to new research and development equipment is limited to$ cost with an assessed value of $ . (One or both lines may be filled out to establish a limit,if desired.) E. The amount of deduction applicable to new logistical distribution equipment is limited to$ cost with an assessed value of $ . (One or both lines maybe filled out to establish a limit,if desired.) F. The amount of deduction applicable to new information technology equipment is limited to$ cost with an assessed value of $ . (One or both lines may be filled out to establish a limit,if desired.) G. Other limitations or conditions(specify) H. The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or new information technology equipment installed and first claimed eligible for deduction is allowed for: ❑ Year 1 1=1 Year 2 ❑ Year 3 ❑ Year 4 Year 5 ❑ Enhanced Abatement per IC 6-1.1-12.1-18 Number of years approved: ❑ Year 6 ❑ Year 7 ❑ Year 8 ❑ Year 9 " Year 10 (Enter one to twenty(1-20)years;may not exceed twenty(20)years.) I. For a Statement of Benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-17? ❑Yes ❑No If yes,attach a copy of the abatement schedule to this form. If no,the designating body is required to establish an abatement schedule before the deduction can be determined. Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to justify the deduction described above. Approved by:(signature and title of authorized member of designating body) Telephone number Date signed(month,day,year) ( 81a)a85-6ya 7 3-5-JP Printed nam off authorized mem er of designating body Name of designating body //�� SA Gti� ��-EFeFSonU1 ll� Common C...0a(IC./ L Atte ted by(signal and ti�e'of attester) Printe na a of atte r K. Cc, `6 i s c Lon ,i n If the designating body limns the time period during which an area is an economic revitalization area,that limitation does not limit the length of time a taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17. IC 6-1.1-12.1-17 Abatement schedules Sec.17.(a)A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1)The total amount of the taxpayer's investment in real and personal property. (2)The number of new full-time equivalent jobs created. (3)The average wage of the new employees compared to the state minimum wage. (4)The infrastructure requirements for the taxpayer's investment. (b)This subsection applies to a statement of benefits approved after June 30,2013.A designating body shall establish an abatement schedule for each deduction allowed under this chapter.An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. An abatement schedule may not exceed ten(10)years. (c)An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under the terms of the resolution approving the taxpayer's statement of benefits. Page 2 of 2 ,,o,:P 4; STATEMENT OF BENEFITS FORM SB-1 /PP PERSONAL PROPERTY , , State Form 51764(R4 i 11-15) k s,`. %' Prescribed by the Department of Local Government Finance _ -- PRIVACY NOTICE Any information concerning the cost of the property and specific salaries paid to individual employees by the property owner is confidential per IC 6-1.1-12.1-5.1, INSTRUCTIONS 1, This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submitted to the designating body BEFORE a person installs the new manufacturing equipment and/or research and development equipment,and/or logistical distribution equipment and/or information technology equipment for which the person wishes to claim a deduction, 2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the installation of qualifying abatable equipment for which the person desires to claim a deduction. 3. To obtain a deduction, a person must file a certified deduction schedule with the person's personal property return on a certified deduction schedule (Form 103-ERA)with the township assessor of the township where the property is situated or with the county assessor if there is no township assessor for the township, The 103-ERA must be filed between January 1 and May 15 of the assessment year in which new manufacturing equipment and/or research and development equipment and/or logistical distribution equipment and/or information technology equipment is installed and fully functional,unless a filing extension has been obtained. A person who obtains a filing extension must file the form between January 1 and the extended due date of that year. 4. Property owners whose Statement of Benefits was approved,must submit Form CF-1/PP annually to show compliance with the Statement of Benefits. (iC 6-1.1-12.1-5.6) 5. Fora Form SB-1/PP that is approved after June 30,2013,the designating body is required to establish an abatement schedule for each deduction allowed. For a Form SB-1/PP that is approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect. (iC 6-1.1-12.1-17) SECTION 1 TAXPAYER INFORMATION Name of taxpayer Name of contact person 1Bluegrass Supply Chain Services, LLC John Higgins I Address of taxpayer(number and street,city,state,and ZIP code) Telephone number i 350 Scotty's Way,Bowling Green,KY 42103 (270 ) 282-2211 SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT Name of designating body Resolution number(s) Bluegrass Supply Chain Services,LLC 4018- R.-/ Location of property County DLGF taxing district number 1220 Bridgeport Drive Clark Description of manufacturing equipment and/or research and development equipment ESTIMATED and/or logistical distribution equipment and/or information technology equipment. ( e additional she is nece sa •')) START DATE COMPLETION DATE Bluegrass Supply Lnam Services is a third party logistics provider based Manufacturing Equipment in Bowling Green,KY. This project is for the purchase of land to build a 200,000 sq.ft.warehouse with offices. Services clients for warehousing, R&D Equipment quality support,light assembly,and transportation management. — - Company intends to hire 70 net new employees by 2022,at$19.71/hr. Logist Dist Equipment 12/01/2018 02/01/2019 Company will retain 14 employees currently employed in Jeffersonville IT Equipment 12/01/2018 02/01/2019 -.: : :I 'i• . ... .11 . „IL IL . . 1 ,1: 11 SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT ;Current number Salaries Number retained Salaries Number additional Salaries 14 $510,408.00 14 $510,408.00 70 $2,869,776. SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT NOTE:Pursuant to IC 6-1.1-12.1-5.1 (d)(2)the MANUFACTURING R&D EQUIPMENT LOGIST DIST IT EQUIPMENT EQUIPMENT EQUIPMENT_ COST of the property is confidential. ASSESSED ASSESSED ASSESSED ASSESSED COST VALUE COST VALUE COST VALUE COST vALUE Current values Plus estimated values of proposed project 450000 100000 Less values of any property being replaced Net estimated values upon completion of project SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER I Estimated solid waste converted(pounds)— - - Estimated hazardous waste converted(pounds) 1 Other benefits SECTION 6 TAXPAYER CERTIFICATION I hereby certify that the representations in this statement are true. lSi nature authori d repentative 9 Date signed(month,day,year) ------- _ 1 /1/�i � - !/lar lrfki 3-6-ao/S Pr nted are of authorized representative 1 Title John Higgins President Page 1 of 2 FOR USE OF THE DESIGNATING BODY We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12.1-2.5, provides for the following limitations as authorized under IC 6-1.1-12.1-2. A. The designated area has been limited to a period of time not to exceed 5 calendar years*(see below). The date this designation expires is dpZ3 . NOTE:This question addresses whether the resolution contains an expiration date for the designated area. B. The type of deduction that is allowed in the designated area is limited to: 1 . Installation of new manufacturing equipment; ❑ Yes ❑ N o ❑ Enhanced Abatement per IC 6-1.1-12.1-18 2. Installation of new research and development equipment; ❑ Yes ❑ N o Check box if an enhanced abatement was 3. Installation of new logistical distribution equipment. ❑ Yes CINo approved for one or more of these types. 4. Installation of new information technology equipment; ❑ Yes ❑ No C.The amount of deduction applicable to new manufacturing equipment is limited to$ cost with an assessed value of $ . (One or both lines maybe filled out to establish a limit,if desired.) D. The amount of deduction applicable to new research and development equipment is limited to$ cost with an assessed value of $ . (One or both lines maybe filled out to establish a limit,if desired.) E. The amount of deduction applicable to new logistical distribution equipment is limited to$ cost with an assessed value of $ . (One or both lines maybe filled out to establish a limit,if desired.) F. The amount of deduction applicable to new information technology equipment is limited to$ cost with an assessed value of $ . (One or both lines maybe filled out to establish a limit,if desired.) G. Other limitations or conditions(specify) H. The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or new information technology equipment installed and first claimed eligible for deduction is allowed for: CI Year 1 CI Year 2 CI Year 3 CI Year 4 VI Year 5 ❑ Enhanced Abatement per IC 6-1.1-12.1-18 Number of years approved: ❑ Year 6 ❑ Year 7 ❑ Year 8 ❑ Year 9 ❑ Year 10 (Enter one to twenty(1-20)years;may not exceed twenty(20)years.) I. For a Statement of Benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-17? ❑Yes ❑No If yes,attach a copy of the abatement schedule to this form. If no,the designating body is required to establish an abatement schedule before the deduction can be determined. Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to justify the deduction described above. Approved :(signature nd title of authorized member of designating body) Telephone number Date signed(month,day,year) ( l ) a85 -/ a 9 3-5-// Printed n e ooflauthorized member of designating body Nameofdesignating body /1 LI SA In/1/ J�"C4rsono i 11 e common C0u 11 Ci Att:v.t0 by:(signature of attester) Printed name ottester t . � Vic. on If the designating body limits the tiMe period during which an area is an economic revitalization area,that limitation does not limit the length of time a taxpayer is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6-1.1-12.1-17. IC 6-1.1-12.1-17 Abatement schedules Sec.17.(a)A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1)The total amount of the taxpayer's investment in real and personal property. (2)The number of new full-time equivalent jobs created. (3)The average wage of the new employees compared to the state minimum wage. (4)The infrastructure requirements for the taxpayer's investment. (b)This subsection applies to a statement of benefits approved after June 30,2013.A designating body shall establish an abatement schedule for each deduction allowed under this chapter.An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. An abatement schedule may not exceed ten(10)years. (c)An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under the terms of the resolution approving the taxpayer's statement of benefits. Page 2 of 2 "EXHIBIT A" GUIDELINES FOR CONSIDERATION OF PROPERTY TAX ABATEMENT JEFFERSONVILLE, INDIANA Projects will be considered for abatement only if: 1. The company/project meets all of the criteria set forth under I.C. 6-1.1 1-12.1 et seq in the form of deductions from assessed valuation. 2. The proposed new investment includes at least$1 million of real property and/or personal property that qualifies for tax abatement. 3. Construction has not begun and/or equipment has not been ordered or the equipment will be new to the State of Indiana. 4. In addition, if the applicant is not the company, authorization of the application must be obtained from the company. TAX ABATEMENT APPLICATION SCORE SHEET Applicant Name: John Higgins Application Date: January 29, 2018 Company: Bluegrass Supply Chain Services, LLC Street Address: 350 Scotty's Way City,State,ZIP: Bowling Green, KY 42103 Phone: 270-282-2211 Email: john higgins@bluegrass-scs.com Company Name: (if different from applicant): Street Address: City,State,ZIP: Website: Street Address of Project Location: 1220 Bridgeport Drive City,State,ZIP: Jeffersonville, IN 47130 Project Description: Bluegrass Supply Chain Services, LLC is a third party logistics provider based in Bowling Green, KY. This project is for the purchase of land and to build a 200,000 sq.ft. warehouse with offices. This will service clients for warehousing, quality support, light assembly, and transportation management. Page 1 of 8 Effective as of 10-26-15 PROJECT COMPOSITION: (6 points possible). If more than one scenario applies, use only the scenario with the highest point value. POINTS Personal Property Improvements 2 Real Property Improvements 4 Personal Property and Real Property Improvements 6 SCORE 6 ACTIVITY DETAIL: (18 points possible). If more than one scenario applies, use only the scenario with the highest point value. POINTS Existing Facility—new office addition 6 Existing Facility—expanding or upgrading existing product 8 line Existing Facility—adding new product line 10 Existing Facility—addition of manufacturing and 12 warehousing space New Industrial (manufacturing), Warehousing or Logistics 14 Facility New Corporate Regional Office or Headquarters Building 16 New Research & Development Facility 18 SCORE 14 EXISTING VACANT STRUCTURE: (15 points possible). Will this project reactivate a facility that has been vacant for at least 12 months? POINTS Location will NOT reactivate a vacant facility 0 Location WILL reactivate a vacant facility 15 SCORE 0 PROJECT CAPITAL INVESTMENT: (25 points possible). What is the total capital investment for this project? Use only the applicable scenario with the highest point value. POINTS $1 million—$4,999,999 10 $5 million—$9,999,999 15 $10 million—$19,999,999 20 $20 million or more 25 SCORE 15 Page 2 of 8 Effective as of 10-26-15 JOB RETENTION: (18 points possible). How many full-time positions will be retained as a result of this project? Use only the applicable scenario with the highest point value. POINTS 1—9 retained jobs 2 10—19 retained jobs 4 20—29 retained jobs 6 30—49 retained jobs 8 50—99 retained jobs 10 • 100—249 retained jobs 14 250—499 retained jobs 16 500 or more retained jobs 18 • SCORE 0 NEW JOB CREATION: (18 points possible). How many net new full-time positions will be created as a result of this project? Use only the applicable scenario with the highest point value. POINTS 1—9 new jobs 2 10—19 new jobs 4 20—29 new jobs 6 30—49 new jobs 8 50—99 new jobs 10 100—249 new jobs 14 250—499 new jobs 16 500 or more new jobs 18 SCORE 10 AVERAGE WAGE: (18 points possible). Utilizing the average wage of all full-time positions for this project and using the current state minimum wage as a benchmark, how does the average wage of this project compare to the current minimum wage? Use only the applicable scenario with the highest point value. POINTS Less than 3 times current minimum wage 0 3 times current minimum wage 10 3.5 times current minimum wage 12 4 times current minimum wage 14 4.5 times current minimum wage 16 5 times current minimum wage (or higher) 18 SCORE 0 Page 3 of 8 Effective as of 10-26-15 EMPLOYER-SPONSORED HEALTH AND WELLNESS BENEFITS: (5 points possible). Will the company provide employer-sponsored health and wellness benefits at this location? POINTS Location will NOT provide employer-sponsored health and 0 wellness benefits at this location _ Location WILL provide employer-sponsored health and 5 wellness benefits at this location SCORE 5 WORKPLACE WELLNESS: (5 points possible). Will the company encourage and promote workplace wellness through employee participation in exercise and healthy living programs? POINTS Company will NOT promote workplace wellness through employee participation in exercise and healthy living 0 programs Company WILL promote workplace wellness through employee participation in exercise and healthy living 5 programs SCORE 0 EMPLOYER-SPONSORED RETIREMENT PLAN: (5 points possible). Will the company provide an employer-sponsored retirement plan at this location? POINTS Company will NOT provide an employer-sponsored 0 retirement plan at this location Company WILL provide an employer-sponsored retirement plan at this location 5 SCORE 5 BENEFITS PACKAGE: (8 points possible). What percentage of your employees'total compensation package are fringe benefits? Use only the applicable scenario with the highest point value. POINTS 0% 0 1-10% 2 11-15% 4 16-20% 6 21—30%or higher 8 SCORE 8 Page 4 of 8 Effective as of 10-26-15 DIVERSITY: (7 points possible). Will the company have a diversity and inclusion policy in effect at this location? POINTS Company will NOT have a diversity and inclusion policy at 0 this location Company WILL have a diversity and inclusion policy at this 7 location SCORE 7 GREEN TECHNOLOGY: (7 points possible). Will the company utilize green technology at this location? Please provide a description of all green technologies to be utilized at this location here: POINTS Company will NOT utilize green technology at this 0 location Company WILL utilize green technology at this location 7 SCORE 0 GREEN INITIATIVES AND SUSTAINABILITY ACTIVITIES: (7 points possible). Will the company implement programs designed to support sustainability through employee ride sharing, public transportation use, on-campus dining options or other initiatives? Please provide a description of all green initiative programs to be utilized at this location here: POINTS Location will NOT implement green initiative programs 0 Location WILL utilize green initiative programs 7 • SCORE 0 Page 5 of 8 Effective as of 10-26-15 COMMUNITY INVOLVEMENT: (5 points possible). The City of Jeffersonville will look favorably on companies that are involved in the community. The city will consider past and/or current community involvement of an existing company or proposed community involvement of a new company. Community involvement may include projects associated with the city, schools, local non-profit organizations, senior citizens, disadvantaged individuals or groups, day cares, etc. Community involvement must be documented and applicable documents attached to this Score Sheet. Please provide a narrative of community involvement here: POINTS Location will NOT be supporting projects associated with the city, schools, local non-profit organizations, senior citizens, disadvantaged individuals or groups, day cares, etc. Location WILL be supporting projects associated with the city, schools, local non-profit organizations, senior 5 citizens, disadvantaged individuals or groups, day cares, etc. SCORE 5 TOTAL PROJECT SCORE: Please add all above scores together and provide the total below TOTAL OF ALL ABOVE SCORES 75 SIGNATURES Signature of Applicant: Date: Print Name: Signature of Company Representative: Date: (if different from applicant): Print Name: Page 6 of 8 Effective as of 10-26-15 GUIDELINE FOR REAL PROPERTY TAX ABATEMENT TOTAL SCORE Abatement Year Abatement Percentage 1-9 1 100% 10-19 1 100% 2 75% 20—29 1 100% 2 75% 3 25% 30—39 1 100% 2 90% 3 75% 4 60% 40—49 1 100% 2 90% 3 75% 4 60% 5 45% 50—59 1 100% 2 90% 3 75% 4 60% 5 45% 6 35% 60—69 1 100% 2 90% 3 75% 4 60% 5 45% 6 35% 7 25% 70—79 1 100% 2 90% 3 75% 4 60% 5 45% 6 35% 7 25% 8 15% 80—89 1 100% 2 90% 3 75% 4 60% 5 45% 6 35% 7 25% 8 15% 9 10% Page 7 of 8 Effective as of 10-26-15 90—99 1 100% 2 90% 3 75% 4 60% 5 45% 6 35% 7 25% 8 15% 9 10% 10 5% 100+ 1 100% 2 95% 3 80% 4 65% 5 50% 6 40% 7 30% 8 20% 9 10% 10 5% GUIDELINE FOR PERSONAL PROPERTY TAX ABATEMENT TOTAL SCORE Abatement Year Abatement Percentage 1—39 1 100% 40—59 1 100% 2 50% 60—79 1 100% 2 50% 3 40% 80—90 1 100% 2 50% 3 40% 4 20% 90+ 1 100% 2 80% 3 40% 4 20% 5 10% Page 8 of 8 Effective as of 10-26-15